money

Mt. Gox puts temporary stop on USD withdrawals for system overhaul

Mt. Gox puts temporary stop on USD withdrawals for system overhaul

Mt. Gox is a popular Bitcoin exchange firm that deals with Bitcoin-related transactions, whether it is transferring a physical denomination to exchange into the virtual currency, or exchanging the virtual currency for actual cash. Because of the traffic it receives, the company has been having increasing trouble keeping up with USD withdrawal requests, prompting it to stop accepting them for two weeks.

Continue Reading...

Microsoft Points to be switched to real currency of at least equal value

Microsoft Points to be switched to real currency of at least equal value

Microsoft Points are something most people either hate or are indifferent to, with not many people viewing the virtual currency favorably enough to champion it as something that should stick around. As such, we've heard rumors for quite a while now that Microsoft planned to ditch the system, replacing it with real currency, but Points continued to live on. When the Xbox One was revealed, things changed, and now we're hearing that Points will be converted to local currency at least equal to Marketplace value.

Continue Reading...

Hulu reportedly receives 3 bids over $1bn

Hulu reportedly receives 3 bids over $1bn

Hulu has been reportedly entertaining bids for some weeks now, with Yahoo! having been the latest company to hit the rumor mill. Various prices have been tossed around, such as the $800 million Yahoo is said to have bid for the video service, but none of them have reached the level of three alleged bids leaked by unnamed sources: $1 billion. While two of the bids were from companies unknown, one is said to be from Directv.

Continue Reading...

Mt. Gox adds account verification requirement for non-Bitcoin currencies

Mt. Gox adds account verification requirement for non-Bitcoin currencies

Bitcoin is growing in popularity as a way to make financial transactions in a wonderfully anonymous way. The obvious downside to such a reality is the same thing that ultimately took down Liberty Reserve earlier this week - criminal activities. To help cover itself in the face of such activities, Mt. Gox announced earlier today that users who wish to both deposit and withdraw money in a currency that isn't Bitcoin will need account verification.

Continue Reading...

Major brands pull Facebook advertisements over hateful content

Major brands pull Facebook advertisements over hateful content

Facebook has once again come under fire for its content policy, which many organizations, companies, and users say is too lax in light of hate speech and violent content. Earlier this month, the social network finally banned videos of decapitations, but has still allowed large quantities of controversial content - many of it gender-based, according to some organizations - to persist. For this reason, more than a dozen big-name companies have pulled their advertisements from the social network.

Continue Reading...

US seizes Liberty Reserve virtual currency website, claims it facilitated crime

US seizes Liberty Reserve virtual currency website, claims it facilitated crime

Liberty Reserve is a virtual alternative currency that provided a means of financial exchange beyond the U.S. dollar. The virtual currency has been available for years, but its website LibertyReserve.com went down in recent times without explanation. It took four days, but a notice has since been posted on the website stating that it has been seized by the US Global Illicit Financial Team.

Continue Reading...

1 2 3 4 5 6 7 8 9 10