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...
Luxury e-commerce destination Net-a-Porter launched out of the London flat of founder Natalie Massenet in 2000, a time when few thought $1,000+ dresses and shoes could be sold online in any significant volume. It was the tail-end of the dot-com bubble, and Net-a-Porter survived its bu...
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...
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...
Bitfloor, the largest Bitcoin exchange in the U.S., has shut its doors. Bitfloor said it would cease trading operations and return the remaining funds to users. This is not the first time Bitfloor suspended operations. It temporarily shut down in September 2012 after the theft of 24,0...
Bitcoin has gone up and down recently, and even the Treasury Department is jumping into the virtual currency's fray. Some argue, however, that the monetary program isn't really a currency at all. Comedian Stephen Colbert tackled the controversial Bitcoin on his show Wednesday night. "...
Bitfloor, the largest Bitcoin exchange in the U.S., has shut its doors. Bitfloor said it would cease trading operations and return the remaining funds to users. This is not the first time Bitfloor suspended operations. It temporarily shut down in September 2012 after the theft of 24,0...
In another step toward going fully mainstream, Bitcoin is now being accepted by OKCupid . The dating site started accepting payments in the crypto currency on Tuesday, joining a series of other companies that already process payments in Bitcoins. Bitcoin, a digital peer-to-peer curren...
In recent weeks, the digital currency Bitcoin has soared and then dipped in value, along the way attracting more public attention than ever before and speculation as to whether it could become an established and widely accepted way to pay for goods and services. But Bitcoin isn’t the ...
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...
Or at least 100 million of them did. Back in the mid-2000s, internet company Tencent launched Q Coins, virtual currency with which users could buy items for their avatars. Tencent accepted points won by online gamers in exchange for Q Coins, making it a virtual central banker of sorts...
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...
Bitcoin , the world's most popular virtual currency, yesterday took a huge nosedive — from its all-time-high of $265 to as low as $105 — but the reason is not a DDOS as some have speculated. Instead, the leading Bitcoing exchange, Mt.Gox , claims that Bitcoin was "a victim of its own ...
Bitcoin, the world’s most popular virtual currency, dropped from a high of $265 to a low of $156 in a period of six hours Wednesday afternoon. Pretty much everyone the Daily Dot has spoken to recently involved in Bitcoin — buyers, entrepreneurs, venture capitalists and others — believ...
If you had invested $1,000 in Bitcoin just two months ago and sold it yesterday, you would have made about $9,000 in profit. Once reserved to the darkest corners of the Internet, Bitcoin is a digital crypto-currency that’s quickly gaining favor internationally, due in part to attentio...
The value of Bitcoin , the much-buzzed about digital currency, hit $200 on Tuesday for the first time, more than doubling in a just over a week. Bitcoin's value has exploded in recent weeks fueled in part by economic uncertainty in Europe and an increasing amount of media coverage of ...
The value of digital currency Bitcoin fell from above $145 to below $117 Wednesday as Mt. Gox, the largest market for trading the digital currency, suffered an outage for approximately an hour. At the time of writing mid-afternoon Wednesday, the value seems to have leveled out at abou...
Western Union, a 162-year-old firm that made its name by offering telegraphs, is considering embracing the digital age by accepting Bitcoin and other types of digital payment methods, according to a report. The Wall Street Journal reports that the company is interested in getting a sl...
8 Vendors You Didn't Know Accepted Bitcoins 1. WordPress Blogging platform Wordpress.com is free for users, but upgrades will cost you. Now you can use Bitcoins to go ad-free and enable custom designs, among other features. Screenshot courtesy of WordPress 2. Etsy Vendors There are cu...
The world's first Bitcoin ATM machine will be installed in Cyprus, and it will accept both Bitcoins for cash and cash for Bitcoins. Cyprus recently accepted a bailout from the European Union totaling more than $12.8 billion. SEE ALSO: Man Tries to Sell House for Bitcoins Homepage imag...
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 ...
Troops fighting in the growing combat area of cyberspace will operate from keyboards situated within each geographic military command, Cyber Command officials said. The 900-member Maryland-based organization that is subordinate to the Nebraska-headquartered Strategic Command could mus...
For the second time in Bitcoin’s history, the digital currency has surpassed an exchange rate of $30 per Bitcoin. The exchange rate is a significant milestone for the four-year-old currency best known for enabling online drug deals , gambling and other illicit activity. Since August, ...
The Pentagon wants soldiers to be able to scan people's faces, eyes and thumbs with their smartphones. That's why the Department of Defense has inked a $3 million deal with California-based tech company AOptix , to develop its "Smart Mobile Identity System," as first reported by Wired...
showed his collection on Saturday night, his work is far from over. He is partnering with Samsung to crowdsource designs for a limited edition bag. Using Samsung Galaxy Note II smartphones, members of Wang's inner circle of friends, family and artists will doodle their own digital pri...
Bitcoin, the decentralized digital currency, can be used to pay for online strippers , drugs , and even WordPress services . Now you can add pizza delivery to that list. The aptly, albeit somewhat unimaginatively, named Pizzaforcoins.com makes it possible for anyone to place a pizza o...
Downloadable sneakers may become reality sooner than later, but for now one of the main barriers stopping 3D printers from gaining widespread appeal is the massive price tag. The RoBo aims to change that, however -- and if early reaction on Kickstarter is any indication, this 3D print...
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