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In what seems like a relatively short stretch, bitcoin has gone from shady cryptocurrency to legal tender, at least in some parts of the world. Support from a couple of big brands has certainly helped its credibility, and after Dell introduced the option to pay with bitcoin in the US last July, th...

9 days ago 0 Comments
February 19, 2015 at 11:34AM
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Bad news if you were hoping to swap Reddit Notes with friends: the internet community just put its don't-call-it-a-currency project on ice. As Reddit's Alexis Ohanian argues, the company doesn't want to dive into cryptocurrency (even when it doesn't have conventional monetary worth) until both the...

25 days ago 0 Comments
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One of the biggest draws of using bitcoin as a method of exchange is the lack of any form of regulation. Unfortunately, that's left the cryptocurrency with a reputation problem, which is why countries like India, China and Russia are trying to shut it down. The Winklevoss twins, however, feel that...

1 month ago 0 Comments
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Cryptocurrency may as well be called "cryptic currency," because it's nowhere near as easy to figure out as typical money. For one, while most of them (and yes, there's more than one) have names that end with "-coin," they don't usually come in physical form. Yes, they do represent money in digita...

1 month ago 0 Comments
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Back when Reddit -- bastion of the internet's weirdest conversations -- raised another $50 million in venture funding, the investors involved agreed to give a combined 10 percent of their shares back to the site's users. For almost three months, none of us knew exactly how that would happen, but n...

2 months ago 0 Comments
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Want a virtual piece of law enforcement history? You're about to get your chance. The US Marshal's Service is holding an auction on December 4th that will sell off 50,000 Bitcoins from Ross Ulbricht (aka Dread Pirate Roberts), the alleged founder of the black market website Silk Road. You'll need ...

3 months ago 0 Comments
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Technology swap shop CeX has today become the first UK retailer with a far-flung high street presence to widely support Bitcoin. Earlier in the year, CeX briefly experimented with the cryptocurrency at one of its Glasgow locations, which also became home to Scotland's first Bitcoin ATM, shortly be...

4 months ago 0 Comments
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March was a busy month for Dorian Satoshi Nakamoto -- Newsweek named him as the "face behind Bitcoin," a cryptocurrency the California resident claims to have only heard about a few weeks before the article's publication. Nakamoto hired a lawyer and issued a unconditional denial of allegations. No...

4 months ago 0 Comments
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PayPal has been coy about embracing virtual currencies so far, but it just took a big step toward welcoming them with open arms. As of today, the company's deals with processing firms BitPay, Coinbase and GoCoin let you pay with Bitcoin at North American online stores that both use PayPal's Paymen...

5 months ago 0 Comments
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Popularity just isn't easy. That's something cryptocurrencies, like Bitcoin, are starting to grasp. Yes, they're now being accepted as a formal method of payment by more and more places, but some government entities still can't figure out how to treat them properly, particularly in the US. Case in...

7 months ago 0 Comments
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Let's assume that you've just spent more than $200,000 on some of Russ Ulbricht's Bitcoin fortune -- but what do you do with it now? If it were us, we'd sit on our couch, constantly referencing Coindesk to find out how much our stash had gained (or lost) across the day. If, however, you'd prefer t...

7 months ago 0 Comments
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The Mt. Gox Bitcoin exchange may still be reeling from the botnet discovery that ruined its business, but it just got a big reprieve. A US court has approved Mt. Gox's Chapter 15 bankruptcy protection, preventing creditors who sued the company from seizing any American assets (including servers) o...

8 months ago 0 Comments
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While Bitcoin tries to go mainstream, many supporters still celebrate its "anarchist spirit" -- but certainly not the FBI. According to the WSJ, they're probing the now-collapsed Mt. Gox exchange and several others in connection to Silk road, the notorious former drug marketplace. Authorities rece...

9 months ago 0 Comments
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Ever since sites like Silk Road showed the dark side of anonymous Bitcoin transactions, governments have been trying to regulate the crypto-currency. But a group of coders -- headed by 3D-printed gun creator Cody Wilson and Amir Taaki (above) -- want to keep that genie out of the bottle with a new...

10 months ago 0 Comments