Social Media news blog covering cool new websites and social networks: Facebook, Google, Twitter, MySpace and YouTube.
Dwolla users are unable to transfer money to and from leading Bitcoin trading platform Mt. Gox following a court order from the Department of Homeland Security. Users of Dwolla's money-moving service began receiving this message as of Tuesday afternoon, first posted on Twitter by OkCu...
Bitcoin was born as a decentralized and unregulated currency, removed from the government's long arm of regulation. But now that the crypto-currency is going mainstream, governments are starting to react. In March, the U.S. Treasury Department extended some anti money laundering rules...
Trying to figure out an easy way to convert your oldschool printed money to Bitcoin ? Try the Bitcoin ATM, a tiny computer that takes your dollars, euro or other currencies and instantly converts them into Bitcoin. The Bitcoin ATM first prompts users to use the machine to scan a QR co...
BitInstant is just one of several Bitcoin startups attracting funding from established venture firms and investors at a valuation in the millions. Coinsetter , a New York startup working on a foreign exchange trading platform for Bitcoins, recently raised $500,000 led by Tribeca Ventu...
Welcome to this morning's edition of "First To Know ," a series in which we keep you in the know on what's happening in the digital world. Today, we're looking at three particularly interesting stories. Tyler and Cameron Winklevoss have $11 million in Bitcoin . According to multiple r...
First lady Michelle Obama will unveil Monday a public-private program to help military veterans with information technology experience to get the certifications and additional training they need to succeed in the civilian IT world. The IT Training and Certification Partnership will he...
Using Bitcoin to launder all the cash from your illegal dealings just got a little harder. The United States Treasury Department just enacted new rules to regulate Bitcoin and other virtual currencies, making it subject to the same level of scrutiny as other forms of currency. That's ...
Even though the web first saw Bitcoins in 2009, the decentralized virtual currency is the talk of the Internet right now. It reached a record value of $256 USD last week, before it took a nosedive on Wednesday. SEE ALSO: More Sunday Comics In this Sunday Comic, our friends Nitrozac an...
