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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

11 days ago 0 Comments
November 17, 2014 at 6:11PM
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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

2 months ago 0 Comments
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Part of the challenge of Bitcoin and other virtual currencies has simply been the need to juggle different apps and cards to use every payment option at your disposal. Wouldn't it be nice if one card could handle everything? You might just get your wish. Shift Payments is testing a new debit card

3 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

4 months ago 0 Comments
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There are advantages to being a tiny, self-governing speck in the English Channel, and the ability to create a \"welcoming\" financial habitat is certainly one of them. But Jersey has ambitions beyond just being a haven for regular cash. Its Treasury Minister, Senator Philip Ozouf, says he wants the

5 months ago 0 Comments
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Bitcoin is about to hit the big leagues in a very literal sense -- it just got its first major sports sponsorship. BitPay has struck a deal with ESPN Events that will rename one post-season NCAA football game as the Bitcoin St. Petersburg Bowl through 2016. When the Bowl next kicks off, on Decem

5 months ago 0 Comments
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Some online retailers are quick to say whether or not they'll accept Bitcoins, but local shops aren't always so forthcoming -- and community mapping efforts like CoinMap only reveal so much. It might not be hard to find a cryptocurrency-friendly store in the near future, though. Yelp has added a f

7 months ago 0 Comments
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Remember how the discovery of a botnet took much of the value out of the Mt. Gox Bitcoin exchange, leading it to declare bankruptcy? Yeah, investors aren't happy about that -- and they're now demanding compensation. One of them, Gregory Greene, has filed a lawsuit accusing the exchange of fraud fo

9 months ago 0 Comments
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Many will tell you that Bitcoin stands on shaky legal ground. Senator Joe Manchin, however, believes it's outright dangerous -- to the point that he has sent a letter to regulators asking them to ban the digital currency. There's no regulation, he says, and Bitcoin's mix of anonymity and irreversi

9 months ago 0 Comments
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While some may be opposed to the idea of Bitcoin, others are doing all they can to adjust to the recent digital currency rush. Today, Bing, in partnership with Coinbase, announced it has added support for Bitcoin within its currency-conversion tools. Simply put, you can now use Microsoft's search

9 months ago 0 Comments
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Now that the good people of Russia have been robbed of untold billions to fund corruption at the Sochi Olympics, their government would like to warn them of a much more serious danger: Bitcoin. The crypto-currency could easily lose its value, according to a statement from the country's central ban

9 months ago 0 Comments
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Unfortunately, you can't assume that Bitcoin is legal everywhere you go -- it's safe to use the digital cash in some countries, but it's mostly verboten in others. However, you won't have to travel blind. The US' Law Library of Congress has just published a report (PDF) that outlines Bitcoin's leg

9 months ago 0 Comments
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While it's legal to pay with Bitcoin in the US, the digital currency hasn't been very useful for mainstream shoppers. However, that's changing today -- Overstock has just become the first major American online retailer to accept Bitcoin. You'll still see prices listed in old-fashioned dollars, b

10 months ago 0 Comments
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Bitcoin is quickly beginning to attract the attention of regulators in a number of countries. After a flat-out ban in Thailand and restrictions on banks in China, now several Indian Bitcoin exchanges have suspended operations following a warning from the Reserve Bank of India concerning digital cu

11 months ago 0 Comments