Bitcoin

  • Bitcoin Named Best Technology Achievement | Crunchies Awards 2013

    Bitcoin Wins Best Technology Achievement But Satoshi Doesn’t Show

    Eyewitnesses at the Crunchies tonight reported seeing a shadowy figure hiding in the eaves of the opera hall, watching the proceedings with a gimlet eye. Perhaps, in light of the Best Technology Achievement going to Bitcoin, Satoshi himself was lurking in the gloom? Read More

  • What’s Going On With Bitcoin Exchange Mt. Gox?

    What’s Going On With Bitcoin Exchange Mt. Gox?

    Mt. Gox, one of the original Bitcoin trading sites, has shut down its withdrawals system, citing problems related to transaction malleability (more on that shortly). Mt. Gox wrote on their site that this problem has forced them to shut down their withdrawal services: “We apologize for the sudden short notice. All bitcoin withdrawal requests will be on pause, and the withdrawals in the… Read More

  • Russia Says Bitcoin Should Be Avoided [Updated]

    Russia Says Bitcoin Should Be Avoided [Updated]

    Russia doesn’t do things by halves — Bitcoin shouldn’t be used by individuals and legal entities according to a recent statement. If you have a Bitcoin wallet on your computer, the Government will be suspicious. The Central Bank of Russia reiterated that the official currency is the Ruble, and that it considers Bitcoin a money surrogate. That’s why the… Read More

  • Ben Horowitz’s Bitcoin Bet

    Ben Horowitz’s Bitcoin Bet

    Today in bitcoin ephemera I present this interesting bet between VC Ben Horowitz of Andreessen Horowitz and Felix Salmon, noted bitcoin curmudgeon. Ben has invested in multiple bitcoin startups while Felix has a really cool name and is a well-known economics writer. Read More

  • Mt. Gox Temporarily Pauses Bitcoin Withdrawals

    Mt. Gox Temporarily Pauses Bitcoin Withdrawals

    Mt. Gox has temporarily suspended Bitcoin withdrawals in order to resolve a technical issue, the company said on its site. Read More

  • New Ransomware Blocks Your DNS Connection And Forces Your Computer To Mine Bitcoins

    New Ransomware Blocks Your DNS Connection And Forces Your Computer To Mine Bitcoins

    A new bit of malware, Linkup, is a clever girl. First it takes control of the DNS servers your computer pings to connect to the Internet and, while you’re wondering how to delete it, begins mining bitcoins on the sly. Anti-virus purveyors Emsisoft identified the ransomware in the wild. Read More

  • Nymi Nears Release of Developer Units

    Nymi Armband Adds A Secure Bitcoin Wallet As One Of Its Killer Launch Apps

    Toronto-based wearable startup Bionym’s Nymi band uses your ECG to securely identify you to various devices and services, and as of today there’s another trick up its sleeve – acting as a secure, easy to use Bitcoin wallet. The company revealed today that one of the launch applications that will ship with the Nymi will be a Bitcoin wallet, and that said wallet will provide a… Read More

  • Bitcoin’s Emerging Price Stability

    Bitcoin’s Emerging Price Stability

    Earlier in January Bitcoin, as it receded as recipient of an infinite press, began to see its trading range tighten after months of wild swings. I pointed this out as perhaps the start of new stability for Bitcoin, which in turn could help its platform mature, or indicate maturation thereof. There was some squawking that the time frame I had selected as ‘enough’ to indicate a trend… Read More

  • BTC China Starts Accepting Deposits In Chinese Yuan Again

    BTC China Starts Accepting Deposits In Chinese Yuan Again

    BTC China, the world’s largest bitcoin exchange, has started allowing users to purchase the digital currency with Chinese yuan again. This is significant because BTC China stopped accepting deposits in renminbi last month after the People’s Bank of China issued a memo warning national financial institutions not to trade in bitcoin. That decision triggered a quick and massive drop… Read More

  • Bitcoin’s Image Problem

    Bitcoin’s Image Problem

    I know manias. I’ve seen them again and again – hordes of people find out about a product or idea, back it with all their might, and are angry when anyone refuses to genuflect to their sacred cow. It happened to Notion Ink, it happens to Apple, it happens to Blackberry, and it happened in the vaccine autism scare, in the truthers, and in countless other subcultures who manifest… Read More