Archive for the exchange Category

Florida Targets High-Dollar Bitcoin Exchangers

Florida Targets High-Dollar Bitcoin Exchangers

08 Feb 2014 / Krebs On Security – State authorities in Florida on Thursday announced criminal charges targeting three men who allegedly ran illegal businesses moving large amounts of cash in and out of the Bitcoin virtual currency. Experts say this is likely the first case in

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Sen. Carper: ‘Let’s see what good can come from bitcoin’

Sen. Carper: 'Let's see what good can come from bitcoin'

07 Feb 2014 / CNBC – Federal regulators and law enforcement agencies don’t need new laws to tamp down on the more seedy uses of bitcoin and other virtual currencies, Sen. Thomas Carper, D-Del., told CNBC on Tuesday. “They’ve told us right now that we don’t need

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A string of thefts hit Bitcoin’s most reputable wallet service

A string of thefts hit Bitcoin's most reputable wallet service

07 Feb 2014 / The Verge – In a few hours on December 15th, Jeff lost nearly $10,000. It was 10.6 bitcoins held in the wallet service Coinbase, the most well-funded and widely implemented service on the market. Jeff, who asked that we not use his last

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Bitcoin plunges 20% on big Japan-based exchange as withdrawals halted

Bitcoin plunges 20% on big Japan-based exchange as withdrawals halted

07 Feb 2014 / RT – The value of the bitcoin cryptocurrency has dropped below $690 per unit on one of the world’s biggest exchanges Mt. Gox, after the Japanese trader temporarily stopped withdrawals to fix technical problems.

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Struggling US Postal Service looks to bitcoin for new revenue

Struggling US Postal Service looks to bitcoin for new revenue

06 Feb 2014 / Russia Today – Amid a rise in popularity of cryptocurrency, the financially floundering US Postal Service is considering the possibility of adding a bitcoin exchange to its current roster of non-bank financial services. The USPS Office of Inspector General (OIG) led a webinar

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Bitcoin: How its core technology will change the world

Bitcoin: How its core technology will change the world

06 Feb 2014 / New Scientist – The virtual currency is about more than money – the real innovation is what people are doing with the technology it is based on BITCOIN has been called many things, from the future of money to a drug dealer’s dream

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Bitcoin leader: Regulation should protect consumers

Bitcoin leader: Regulation should protect consumers

06 Feb 2014 / The Hill – Government regulators have some role to play overseeing the virtual currency bitcoin, a top developer said on Thursday, but they should be sure not to crack down too harshly. Gavin Andresen, chief scientist at the Bitcoin Foundation and one of

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Blockchain’s Response to Apple

Blockchain’s Response to Apple

06 Feb 2014 / Blockchain Blog – Fellow bitcoiners, if you’re a fan of Apple and bitcoin, you need to take action. Apple has removed the last and most popular bitcoin wallet app from their app store. The Blockchain app has been downloaded over 250,00 times. The

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Bitcoins may help grow world trade, says expert

Bitcoins may help grow world trade, says expert

05 Feb 2014 / dnaIndia – Central banks worldwide should consider the use of bitcoins as a means to enhance global trade as the virtual currency helps in carrying out business transactions at lower costs, according to a bitcoin expert.

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Is Accepting Bitcoin Just a Publicity Stunt for Companies?

05 Feb 2014 / Slate – For cryptocurrency doubters, it’s easy to be cynical about the almost daily announcement of a new retailer, basketball team, or police chief accepting Bitcoin. Most appear to be nothing more than publicity stunts. But in the wake of the FBI’s dissolution

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