bitcoin

Craig Wright offers proof that he invented Bitcoin

Craig Wright offers proof that he invented Bitcoin

The first time we talked about a man called Craig Wright and his alleged ties to the cryptocurrency Bitcoin was in December 2015 when word surfaced that Australian police had raided a home that he and his wife had rented. Apparently, Wright and his wife had already moved and the raid reportedly had something to do with missed tax payments, not Bitcoin. Fast forward, several months and Wright has now publically identified himself as the creator of Bitcoin known as Satoshi Nakamoto.

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Steam games can now be purchased with Bitcoin

Steam games can now be purchased with Bitcoin

If you're a fan of cryptocurrencies and also partake in buying PC games from Steam, you're now in luck. Valve's game marketplace platform now accepts Bitcoin as a form of payment, meaning you have another option for spending all your extra money on the next Steam sale. Valve sought out Bitpay, a leading Bitcoin payment processing service, with a goal of making the Steam marketplace easier to shop in several emerging markets.

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iOS browser Brave reveals payment system for blocking (or viewing) ads

iOS browser Brave reveals payment system for blocking (or viewing) ads

Brave, the new web browser app for iOS, made a splash a few months ago when it was announced with a feature that would allow users to block ads in exchange for payment. The purpose is to allow privacy-minded individuals to browse the web without ads or trackers, but still help benefit publishers and the sites they visit. Now Brave has detailed the second half of the feature: the ability for users to get paid if they permit the browser to show them safe replacement ads.

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Microsoft hasn’t ditched Bitcoin support after all

Microsoft hasn’t ditched Bitcoin support after all

Microsoft says that message on its website about not supporting Bitcoin is a mistake, and that nothing has changed. The support, which was added back in late December and allows customers to buy content using the digital currency, hasn't changed, and the message saying it wasn't supported has been corrected. How such a message accidentally got posted on the website isn't clear.

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You can no longer use Bitcoin to shop in Microsoft’s Store

You can no longer use Bitcoin to shop in Microsoft’s Store

Even you still believe in Bitcoin, you might be one of the remaining few. Even some of its biggest backers have thrown in the towel. Following this latest trend, Microsoft is also closing the door on it. Unlike the somewhat big announcement it made more than a year ago, Microsoft has rather silently adjusted its pages to let you know that you can no longer do business in the Windows 10 and Windows 10 Mobile stores using Bitcoin. A small but still significant blow to the beleaguered cryptocurrency.

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Steam may accept Bitcoin for games in the future

Steam may accept Bitcoin for games in the future

Valve is a company that's known for innovating. After all, they were the first company to get PC gamers to welcome DRM with open arms. They also pioneered the idea of letting you sell collectable hats. Well, if rumors are to be believed, they might soon change the way you pay for video games.

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Police raid home of alleged Bitcoin creator Craig Wright

Police raid home of alleged Bitcoin creator Craig Wright

Following two reports claiming Australian Craig Wright is one of the creators behind Bitcoin, police have raided a home allegedly rented by Wright and his wife. The raid was performed by the Australian Federal police, which claims the search was done with warrants and has nothing to do with the recent allegations. They said their search is to “assist the Australian Taxation Office” in a matter that hasn't been specified.

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Coinbase launches their first Bitcoin debit card

Coinbase launches their first Bitcoin debit card

One of the biggest hurdles for Bitcoin adoption is the fact that it's difficult to actually spend the crytocurrency. While people have dreamed of a time where you can go to any store and spend your Bitcoin, it's just not taken off in a way that's made it feasible. However, Coinbase has just secured a deal that will let you do exactly that.

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US regulator officially recognizes Bitcoin as commodity

US regulator officially recognizes Bitcoin as commodity

The US government's Commodity Futures Trading Commission (CFTC) has declared that virtual currency like Bitcoin is officially recognized as a commodity, just like materials such as copper, crude oil, coffee, or wheat. The decision was announced on Thursday alongside the CFTC saying it had settled charges against the Bitcoin exchange Coinflip for allowing users on its platform to trade option contracts. The agency's press release states that the CFTC "for the first time finds that Bitcoin and other virtual currencies are properly defined as commodities."

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Federal agent pleads guilty to stealing Silk Road bitcoins

Federal agent pleads guilty to stealing Silk Road bitcoins

In March, two federal agents involved with the operation against former online underground market Silk Road were charged with nefarious activities allegedly committed during the investigation. A criminal complaint released at the time by the Department of Justice alleged that former Secret Service agent Shaun Bridges and former DEA agent Carl Force IV had committed various offenses, including money laundering.

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Mt. Gox CEO Mark Karpelès arrested in Japan for alleged fraud

Mt. Gox CEO Mark Karpelès arrested in Japan for alleged fraud

Mt. Gox. That's a name you probably never imagined, or wished, hearing again after all this time. Good thing that this is more about its CEO Mark Karpelès. Sadly, it might actually still be linked with the scandal that rocked the Bitcoin world early last year. In Japan, Karpelès was arrested on the grounds that he allegedly manipulated the company's computer systems to add $1 million to his balance, at a time when Mt. Gox has filed for bankruptcy because of its inability to pay back its customers.

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Crack the code to find 4.87 hidden bitcoins in artist’s image

Crack the code to find 4.87 hidden bitcoins in artist’s image

Artist Marguerite Driscoll has created a fever in the cryptography community as she has launched her latest Bitcoin puzzle in the form of an intriguing mix of art and cryptography. The artist announced via a Twitter update that she released a new cryptographic image hiding a key to 4.87 bitcoins. Her "crypto art" has created a frantic fever of excitement among professional and amateur cryptographers alike. Reddit communities and Bitcoin Talk forums have sprung up as people collaborate, trying to solve these insanely complex cryptographic riddles.

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