The inventor of Bitcoin has been shrouded in a mystery so complete, it's baffled even core developers for the virtual currency. Who is Satoshi Nakamoto, the pseudonym for the person or group of people who came up with the original idea for the electronic cash system in 2008? After con...
The inventor of Bitcoin has been shrouded in a mystery so complete, it's baffled even core developers for the virtual currency. Who is Satoshi Nakamoto, the pseudonym for the person or group of people who came up with the original idea for the electronic cash system in 2008? After con...
Cameron (left) and Tyler Winklevoss, the twin Harvard graduates who competed in the 2008 Olympics as rowers and became bitcoin investors and owners, say it's time to "work with regulators." (Credit: Declan McCullagh/CNET) SAN JOSE--The Winklevoss twins, who transformed a lucrative Fac...
Cameron (left) and Tyler Winklevoss, the twin Harvard graduates who competed in the 2008 Olympics as rowers and became bitcoin investors and owners, say it's time to "work with regulators." (Credit: Declan McCullagh/CNET) SAN JOSE--The Winklevoss twins, who transformed a lucrative Fac...
John Morton, director of U.S. Immigration and Customs Enforcement, Homeland Security's principal criminal investigative division (Credit: Getty Images) The U.S. Department of Homeland Security confirmed it has initiated legal action that prompted the Dwolla payment service to stop pro...
John Morton, director of U.S. Immigration and Customs Enforcement, Homeland Security's principal criminal investigative division (Credit: Getty Images) The U.S. Department of Homeland Security confirmed it has initiated legal action that prompted the Dwolla payment service to stop pro...
A still from a Nokia teaser advert that appeared on UK TV (Credit: Nokia) Nokia is set to unveil a brand new addition to its Lumia line of Windows phones in London on Tuesday, and CNET will have all the latest right here. Join Andrew Hoyle, Luke Westaway, Marc Ganley and me on our liv...
A Bitcoin exchange partnership designed to smooth the trading process and show the security of the virtual currency has apparently collapsed with a lawsuit. After struggling to crack the U.S. market, Mt. Gox, the world's largest Bitcoin exchange, announced in February that it had reac...
A Bitcoin exchange partnership designed to smooth the trading process and show the security of the virtual currency has apparently collapsed with a lawsuit. After struggling to crack the U.S. market, Mt. Gox, the world's largest Bitcoin exchange, announced in February that it had reac...
The interesting thing about Bitcoin isn't what it is today. What's interesting is that this experiment is turning into a serious proving ground for the idea of "crypto-currency," digitally created currency protected by powerful cryptography. Crypto-currency is traceable, more portable...
The interesting thing about Bitcoin isn't what it is today. What's interesting is that this experiment is turning into a serious proving ground for the idea of "crypto-currency," digitally created currency protected by powerful cryptography. Crypto-currency is traceable, more portable...
The interesting thing about Bitcoin isn't what it is today. What's interesting is that this experiment is turning into a serious proving ground for the idea of "crypto-currency," digitally created currency protected by powerful cryptography. Crypto-currency is traceable, more portable...
The recent Bitcoin rollercoaster ride has come to an end for one exchange. Bitcoin exchange BitFloor announced Wednesday it is closing its trading operations and plans to return its remaining funds to its users. The New York-based exchange, which specialized in trades of the digital p...
The recent Bitcoin rollercoaster ride has come to an end for one exchange. Bitcoin exchange BitFloor announced Wednesday it is closing its trading operations and plans to return its remaining funds to its users. The New York-based exchange, which specialized in trades of the digital p...
Please don't eat me! (Credit: CC BY 2.0, Keng Lye ) It looks like a fish swimming in a bowl, or a serving of living octopus in its own salt water, but the photorealistic works of Singapore-based artist Keng Lye are not even sculptures, but paintings. He uses a technique developed by J...
Less than two hours after resuming Bitcoin trades following a lengthy suspension, currency exchange Mt. Gox is offline, the apparent victim of a distributed-denial-of-service attack. "We are experiencing a stronger than usual DDoS," the Tokyo-based exchange said in a Google+ post. "We...
Update at 6:15 a.m. PT Friday: Bitcoin's tumble continued after trading resumed. As of now, the digital currency is trading at $69. Less than two hours after the resumption of Bitcoin trades following a lengthy suspension, currency exchange Mt. Gox is offline, the apparent victim of a...
Bitcoin value plummets as trading resumes on Mt. Gox, the world's largest exchange for the digital currency (click for larger image). (Credit: Clarkmoody.com/ ) Bitcoin's wild ride continued this evening, immediately carving 35 percent off the value of the digital currency as Mt. Gox,...
Bitcoin experiences dramatic correction of 60 percent before slight recovery. (Click for larger image.) (Credit: Bitcoincharts.com ) After a meteoric run-up in the valuation of Bitcoin in the past month, the virtual currency suffered a dramatic correction today, losing more than 60 pe...
Bitcoin's value against the dollar is up 1,500 percent since January (click to see larger image). (Credit: Bitcoincharts.com ) Bitcoin got a boost of confidence of sorts today from a group of investors interested in creating a trading platform for the virtual currency phenom. The dece...
A helping hand for seniors? (Credit: Silverline Mobile) Here's a crowdfunding project with a twist: instead of pledging a certain amount to buy a new gadget for yourself, an underserved senior citizen will receive said product instead. The project in question is Silverline , which is ...
Bitcoin's value is up 500 percent in the past two months (click for larger image). (Credit: Bitcoincharts.com) The value of Bitcoin has been skyrocketing of late, gaining more than 50 percent in the last few days, but two unrelated events today knocked the virtual currency back down a...
Bitcoin's value is up nearly 350 percent in the past two months (click for larger image). (Credit: Bitcoincharts.com) Forget gold. The hot investment during this time of economic uncertainty in Europe appears to be Bitcoin. Earlier this month, the peer-to-peer virtual currency was tra...
Bitcoin's value is up nearly 350 percent in the past two months (click for larger image). (Credit: Bitcoincharts.com) Forget gold. The hot investment during this time of economic uncertainty in Europe appears to be Bitcoin. Earlier this month, the peer-to-peer virtual currency was tra...
The Bamboobee Revolution Nostalgic model. (Credit: Jacqueline Seng/CNET Asia) We've seen bamboo speakers , laptops , stylii, iPhone cases, and even a concept car . Next up: a bicycle. We have to be clear: This isn't a bike for cycling enthusiasts or speed demons (there's the Storck Ae...
For years, the U.S. intelligence community has warned that cyber attacks from China and other countries are the biggest threat to our national security. Now, some are wondering whether the death of an engineer from California could be linked to cyber espionage. In 2010, 29-year-old Sh...
For years, the U.S. intelligence community has warned that cyber attacks from China and other countries are the biggest threat to our national security. Now, some are wondering whether the death of an engineer from California could be linked to cyber espionage. In 2010, 29-year-old Sh...
For years, the U.S. intelligence community has warned that cyber attacks from China and other countries are the biggest threat to our national security. Now, some are wondering whether the death of an engineer from California could be linked to cyber espionage. In 2010, 29-year-old Sh...
For years, the U.S. intelligence community has warned that cyber attacks from China and other countries are the biggest threat to our national security. Now, some are wondering whether the death of an engineer from California could be linked to cyber espionage. In 2010, 29-year-old Sh...
The Bitcoin exchange rate against U.S. dollars for the past couple of years (clock for larger image). (Credit: Mt. Gox) Bitcoin has staged a dramatic comeback in the past two months, more than doubling its value against the dollar in that time and trading at record levels. The virtual...
