Bitcoin

  • New York’s Financial Services Subpoenas Bitcoin Firms To “Root Out Illegal Activity”

    New York’s Financial Services Subpoenas Bitcoin Firms To “Root Out Illegal Activity”

    Twenty-two¬†Bitcoin companies received a letter from New York’s top banking regulator to determine whether they respect the current financial regulatory guidelines. More importantly, the authority wants to create a new set of rules to make sure that bitcoins are not used for illegal activities. “We have also seen instances where the cloak of anonymity provided by virtual currencies… Read More

  • How To Build A Raspberry Pi-Based Bitcoin Mining Rig

    How To Build A Raspberry Pi-Based Bitcoin Mining Rig

    While you won’t get rich running a single Raspberry Pi Bitcoin Rig, you can probably make back your initial investment in this ingenious little machine. RaspPi Bitcoin rigs are nothing new but Dave Conroy has just built one and, more important, shared his plans in a fairly easy-to-read page. Read More

  • Bitcoin Ticker Available On Bloomberg Terminal For Employees

    Bitcoin Ticker Available On Bloomberg Terminal For Employees

    Bitcoin is now officially mainstream. According to BTC Geek, Bloomberg terminal users can now look up Bitcoin’s pricing history. Data comes from ubiquitous Bitcoin exchange service Mt. Gox as well as Tradehill. For now, only Bloomberg employees can access the ticker. But the feature should make its way to regular Bloomberg terminal customers under the label XBT. The ticker probably… Read More

  • Bitcoin Clampdown Continues As Federal Judge Says It’s A Currency

    Bitcoin Clampdown Continues As Federal Judge Says It’s A Currency

    Wikipedia calls Bitcoin a cryptocurrency (a currency that relies on cryptography), but now it’s official. A federal judge in Texas has declared that Bitcoin is a currency and should therefore be regulated just like U.S. dollars or gold. The ruling represents yet another attempt to regulate Bitcoin transactions, threatening the original purpose of the currency. While it looks like a… Read More

  • Coinlab, The Bitcoin Incubator, Announces First Funded Company, Alydian

    Coinlab, The Bitcoin Incubator, Announces First Funded Company, Alydian

    Most incubators aren’t known for their efforts to attack niche markets – except Coinlab. The company, which describes its goal as “building Bitcoin businesses” – has chosen a very unique spot for their incubative activities and is focusing primarily on Bitcoin and Bitcoin related companies. Read More

  • Bitcoin Transactions Rise As Economic Unrest Hits Argentina

    Bitcoin Transactions Rise As Economic Unrest Hits Argentina

    Bitcoin has created an interesting solution for problematic economies. Because it allows seamless extraction of wealth out of a bank account and into the cloud, Argentinians have been ramping up usage of the cryptocurrency in an effort to stem the effects of their worsening economy and their choice to go BTC is actually moving the market slightly. Even as BTC penetration in other countries… Read More

  • Coinbase Offers Instant Bitcoin Transfers For Verified Users

    Coinbase Offers Instant Bitcoin Transfers For Verified Users

    Coinbase, the Valley darling focused on making it easier to buy, sell, and store Bitcoin, has made it far easier to buy and sell BTC – if you give up just a smidge of privacy. The company is now offering instant Bitcoin purchases to verified users who supply private information about themselves using standard methods including answering the same public data questions used by banks and… Read More

  • VCs Confident In Bitcoin’s Bright Future, Despite So Many Unknowns

    VCs Confident In Bitcoin’s Bright Future, Despite So Many Unknowns

    VC interest in Bitcoin is undoubtedly riding high right now. A few big names have even made some pretty big bets. But there’s still plenty of confusion and uncertainty around the nascent digital currency. VCs are clearly thinking about making investments in startups but many are also still in a learning phase, as several investors taking part in the Bitcoin London conference noted today. Read More

  • Regulation Means The Bitcoin Gold Rush Will Not Happen In The US, Say Experts

    Regulation Means The Bitcoin Gold Rush Will Not Happen In The US, Say Experts

    Europe is better positioned as a place to create Bitcoin-based startups than the US. That was the message coming out of Bitcoin London today, the first major conference in London to address startups, investors and business models of the online currency. Covering the broad sweep of businesses, technologists and institutions involved in the Bitcoin space, the conference heard that the US may… Read More

  • Survey: Quarter Of US Consumers Has Heard Of Bitcoin — And Majority Of Them Trust It

    Survey: Quarter Of US Consumers Has Heard Of Bitcoin — And Majority Of Them Trust It

    A survey of more than 22,000 U.S. consumers aimed at probing Bitcoin awareness and levels of trust has found around a quarter of consumers have heard of the decentralised digital currency and the majority of them trust it, despite all Bitcoin’s infrastructure issues, legal question marks and valuation swings. Read More