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Kim Dotcom is back in his favorite position of drawing attention, making announcements and touting his new storage service, Mega. Dotcom has announced on Twitter that his cloud storage site will begin to accept Bitcoin as payment for services. It was also announced that there may be e...
Bitcoin Mining Goes Supercharged A 23 year old Brooklyn man has released chips that mine Bitcoins at an accelerated rate . That’s accelerated with a capital ‘A’ seeing how his creation jumped the rate 50 times faster than ever before. His invention is called the Avalon V1 and the aski...
Bitcoin is riding to the rescue of American gamblers who like to visit overseas gambling sites. The sticking point with American gamblers was the tracking of currency exchange between American banking institutions and online gambling sites in other countries. Online gambling has been ...
Bitcoin-Central Attains Bank Status Thanks to two French financial firms, Bitcoin has now reached bank status, putting the company under protection of International banking laws , allowing interaction with other payment networks. Under European laws, the deal means Bitcoin-Central bec...
WordPress Now Accepting Bitcoin Payments Score one for Bitcoin. Coming back from the brink of financial ruin, Bitcoin has made a very healthy rebound this year and is slowly beginning to gain credibility as a universal digital currency. "I hope many more businesses, particularly digit...
Why Bitcoin Lives in a "Legal Gray Area" As Bitcoins make a slow recovery and beginning to grow a constituency, the ‘crypto currency’ is beginning to draw the attention of governments fearful of its use as an illegal medium for money laundering or worse. Nothing like Bitcoin existed w...
"Pirateat40" Makes Off $5.6M USD in BitCoins If you had a Bitcoin deposit in the National Bank of Pirateat40 , you no longer have to worry about your deposit: it’s gone . The scheme’s originator, known as ‘Pirateat40’, has pretty much evaporated from the scene leaving a large amount o...