Bitcoin

  • Mt.Gox Will Reportedly File For Liquidation Instead Of Bankruptcy

    Mt.Gox Will Reportedly File For Liquidation Instead Of Bankruptcy

    Mt.Gox has filed for liquidation in a Tokyo court instead of going forward with its plans to rebuild under bankruptcy protection, according to a report in the Wall Street Journal. The newspaper's sources said that Mt.Gox decided to abandon its previous plan for rehabilitation because it was too complex and unrealistic, but that it still hopes a buyer for the exchange can be found. Read More

  • BTC China Launches ATM Web App

    BTC China Launches ATM Web App

    BTC China, one of the world's largest bitcoin exchanges by trading volume, released a new mobile-friendly Web app called the Picasso ATM today. The Picasso ATM allows users around the world to exchange the digital currency for cash without having to find a physical ATM. Read More

  • Google, Eich, Rice: The Evil That Tech Does

    Google, Eich, Rice: The Evil That Tech Does

    Techies hate politics. Well, no: we hate the idea of politics. Whenever I talk to pretty much anyone in the industry about politics as a sphere of human endeavor, from individual coders to zillionaire VCs, pained expressions cross their faces and they rush to distance themselves from the whole toxic mess. Which is a problem on two levels. One, now that technology is the dominant cultural and… Read More

  • Bitcoin Falls Below The $400 Mark, Down More Than 60% From Its All-Time High

    Bitcoin Falls Below The $400 Mark, Down More Than 60% From Its All-Time High

    Bitcoin reached another milestone today, with the cryptocurrency falling below the $400 per-coin mark. Bitcoin sold for over $1,100 inside of the last 52 weeks. The price correction was driven by news from China, as it often has been. Fresh rumors of a government crackdown on the currency in the country, which could blunt demand and adoption, and therefore impair its value, sent the price of… Read More

  • What Bitcoin Users Need To Know About Heartbleed

    What Bitcoin Users Need To Know About Heartbleed

    If you're using a bitcoin wallet or an online wallet or exchange, Heartbleed could be a very real problem for you and your BTC. Luckily, things have finally settled down after a few days of panic and there are a few very easy ways to ensure you're protected. Read More

  • The 11GH/S HexFury Is The Latest In Low-Power ASIC Bitcoin Miners

    The 11GH/S HexFury Is The Latest In Low-Power ASIC Bitcoin Miners

    If you’re a bitcoin nerd, you’ll know that finding cheap, low-power mining hardware is pretty hard to do. USB “thumb drive” miners are traditionally woefully underpowered – the little mining rig under my desk right now is running three three BlockErupters and I’m essentially paying for the pleasure of mining bitcoin – but this 11GH/s unit seems to have… Read More

  • eBay Now Allows Virtual Currency Sales

    eBay Now Allows Virtual Currency Sales

    eBay, owners of payment service PayPal, has quietly added a new Virtual Currency category to their sales site, allowing users to sell virtual currency like bitcoin, as well as miners, and mining contracts. Read More

  • Tax Day Advice From A Bitcoin Expert

    Tax Day Advice From A Bitcoin Expert

    As we approach tax day, many bitcoin fans may be wondering how to handle all of their newfound wealth. Given the recent ruling that BTC are property, not currency, things can get kind of hairy when mining, buying, or trading your BTC. What to do? Thankfully, folks like Tyson P. Cross are around to help. The owner of BitcoinTaxSolutions, Cross handles tax returns and offers tax planning with a… Read More

  • Mr. Bitcoin Goes To Washington

    Mr. Bitcoin Goes To Washington

    Congressman Jared Polis is scheduled to deliver remarks at an event for bitcoin ATM company Robocoin at the United States Capitol where they will demonstrate their hardware. While companies visiting with congress is nothing new, the wild, wooly world of bitcoin makes this definitely an interesting development. Read More

  • Square Market Partners With Coinbase To Accept Bitcoin

    Square Market Partners With Coinbase To Accept Bitcoin

    In the sci-fi show Almost Human, everyone has a bitcoin wallet. More and more places to spend bitcoin means that could become a reality, and popular indie merchant mobile payment provider Square is the latest to accept the cryptocurrency. In an announcement today on their blog, which isn’t an April Fool’s Joke pushed early Square assures us, the company notes that bitcoin can be used… Read More