bitcoin

US federal attorneys seize more Bitcoins from Silk Road servers

US federal attorneys seize more Bitcoins from Silk Road servers

Silk Road was a black market website that was shut down by federal authorities late last year. Back in October, we reported that the mastermind behind Silk Road had been arrested and $3.6 million in bitcoin had been seized. This week federal authorities seized even more bitcoins from the servers of Silk Road.

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Dogecoin trading volume trumps all other digital currencies

Dogecoin trading volume trumps all other digital currencies

Digital currencies are often hit or miss, with Bitcoin being king among them and other lesser known digital currencies languishing in the pool of at-least-I'm-worth-something. Then there's Dogecoin. The currency was created in short order as little more than a joke, capitalizing on the amusing Doge meme and entering the digital world with a high maximum output of 100 billion. Though worth little, Dogecoin's trading volume has bypassed all other digital currencies.

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Overstock Bitcoin payments begin

Overstock Bitcoin payments begin

We mentioned back in December that word had surfaced that online retailer Overstock.com would begin accepting Bitcoin virtual currency as payment for items purchased on its website. When that initial report was made the Bitcoin payment scheme was expected to start in the second half of 2014. Overstock has significantly accelerated its bitcoin plans.

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Singapore tax authorities recognize Bitcoin and outline how to tax it

Singapore tax authorities recognize Bitcoin and outline how to tax it

While some countries are warning citizens against using virtual currency like Bitcoin for fear of undermining their officially currency, other governmental agencies are embracing the currency around the world. One of the governmental agencies that has officially recognizing Bitcoin is from Singapore.

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Yahoo malware turned Euro PCs into bitcoin miners

Yahoo malware turned Euro PCs into bitcoin miners

Yahoo has been hit with criticism after it has failed to tell people exactly how widely malware that it served to some visitors to its homepage has spread. Reports indicate that the malware infection of Yahoo ad servers served ads that transmitted malware to as many as two million computers in Europe.

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CoinYe West is the newest Bitcoin, destroyed in one day

CoinYe West is the newest Bitcoin, destroyed in one day

Users of the crypto-currency called Bitcoin have some competition out in the wild this week in the artist-inspired CoinYe West. This currency, while lovely to look at, will likely never take off the ground due first of all to the fact that their website has been taken off the internet in less than a day after announcement. Second - Kanye West isn't exactly the type of person to let someone else cash in on his name.

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Coinbase Merchant serves as point-of-sale app for Android devices

Coinbase Merchant serves as point-of-sale app for Android devices

Coinbase has released Coinbase Merchant, a point-of-sale app for accepting payments in Bitcoin. The app functions like a traditional POS app (like Square, for example) except it works for the cryptocurrency of note. The app appeared Sunday in the Google Play Store.

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Bitcoin miners do not have to register as money transfer services: ruling

Bitcoin miners do not have to register as money transfer services: ruling

Bitcoin miner Milly Bitcoin has done a little citizen letter-writing, and the results should make virtual currency miners breathe a sigh of relief. Milly Bitcoin's mining company Atlantic City Bitcoin last June wrote to the U.S. Department of the Treasury's Financial Crimes Enforcement Network (FinCEN) requesting an official administrative ruling on whether ACB must register as a money transfer service. FinCEN has now replied, and the answer is no.

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Bitcoin exchange operations halted in India after central bank warning

Bitcoin exchange operations halted in India after central bank warning

Bitcoin has suffered some blows to its value and tradability over the last few weeks. Bitcoin was dismissed as a currency in Norway a few weeks ago. Bitcoin was then banned as a normal currency in Chinese banks and the government warned that people were free to use the virtual currency at their own risk. The virtual money has been hit with another blow this week.

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Dogecoin online wallet service hacked

Dogecoin online wallet service hacked

We can thank Bitcoin and the popularity of the virtual currency for other forms of virtual money popping up. One of those copycat virtual currencies that has cropped up is called Dogecoin. The Dogecoin virtual currency has suffered its first hack.

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Bitcoin stolen during on-air newscast by at-home viewer

Bitcoin stolen during on-air newscast by at-home viewer

The digital currency known as Bitcoin has taken part in a newscast in which a fellow by the name of Matt Miller is robbed wirelessly, on live television. Of course Miller didn’t know he was being robbed - and in fact since he was giving gift certificates with Bitcoin on them to his co-anchors it was more like they were getting robbed, but the end result is the same. Herein lies a lesson in understanding how QR-codes work.

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Overstock to be first major retailer to accept Bitcoin

Overstock to be first major retailer to accept Bitcoin

Overstock.com is planning to start accepting Bitcoin on its website as payment sometime in the second half of 2014. The news comes by way of newsBTC, which interviewed Overstock CEO Patrick Byrne last week. Byrne came off very optimistic about the cryptocurrency.

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