15 Oct '13, 8pm

Chinese Internet Giant Baidu Now Accepts Bitcoin

Baidu , also known as the "Google of China," is now accepting Bitcoin payments for Jiasule, its anti-DDoS (distributed denial of service) and firewall security product. For Bitcoin, this partnership comes at a crucial time. After the feds busted the online drug bazaar Silk Road and seized all its Bitcoins — roughly 5% of the total in circulations — some speculated that it was the end of the virtual currency. But after dropping dramatically, Bitcoin's price has recovered , reaching a five-month high . See also: 8 Vendors You Didn't Know Accepted Bitcoins Now, the digital currency gets the backing of a real Internet giant. Baidu is the fifth most-visited website in the world and China's top site, according to Alexa . "This is encouraging news, even more so since it is from China and with a NASDAQ-listed company," John Matonis, executive director of the Bitcoin Foundation, to...

Full article: http://mashable.com/2013/10/15/baidu-bitcoin/

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Chinese Web Search Giant Baidu Now Accepts Bitcoin

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Chinese internet giant Baidu starts accepting bitcoin

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China's Google Is Now Accepting Bitcoin

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