There’s no shortage of money being thrown at digital currency Bitcoin . Last week, Bitcoin wallet startup Coinbase scored $5 million in funding. And this week, both Boost.VC and Liberty City Ventures allocated more funding for Bitcoin-focused startups. Now relatively young Bitcoin sta...
The future is now. We have heads-up displays on our glasses , and we can buy things with virtual spacebucks. Today, those spacebucks just got a little more real because the Humble Bundle revealed it will accept the Bitcoin digital currency as a payment option for its Double Fine colle...
In a rare twist, the majority of startups closing funding rounds today are targeted to consumers. W e’ve recently seen business-focused tech dominate the deals channel. Bitcoin, crowdfunding, foodie, usability testing, mobile events, and community sports startups landed a round of ven...
Back in late February, top Bitcoin exchange Mt. Gox struck a deal to let Seattle startup CoinLab handle its U.S. operations. But now what looked like it would be a beautiful friendship has turned into an ugly mess. CoinLab is suing Mt. Gox for $75 million over failure to give CoinLab ...
Prominent entrepreneur and Andreessen Horowitz investor Chris Dixon is known for being ahead of the curve, and he recently attracted headlines for investing in 3D-printing startup Shapeways . Another upcoming area he thinks will be big: Startups focused on the virtual currency Bitcoin...
For the third time this month , Bitcoin exchange Mt. Gox fell to distributed denial of service attacks (DDoS) today. Some people just aren’t down with alternative currencies, it seems. The company wrote on its Facebook : This again appears to be another strong DDoS attack. We are work...
Bitcoin users are probably the last people who would be into online dating — but don’t tell that to OkCupid. The online dating site has become the latest company to accept the controversial digital currency , which users can use to pay for OkCupid’s $10 per-month A-List service. And i...
After wild swings during the past week, prices for virtual currency Bitcoin appear to have finally stabilized at about $100 per Bitcoin on top exchange Mt. Gox . Bitcoin is a virtual, decentralized currency that has seen a lot of attention in recent months. The price of a single Bitco...
Leading Bitcoin exchange Mt. Gox has been knocked offline in another distributed-denial-of-service (DDoS) attack just hours after the exchange re-opened following a huge Bitcoin price decline. “We are experiencing a stronger than usual DDoS,” Mt. Gox wrote on its Facebook page. “We ar...
Virtual currency Bitcoin has seen a massive rise in prices in the past few week, but today that growth halted with a precipitous price decline of more than $100. Bitcoin is a decentralized digital currency that has seen a lot of momentum over several months, most of which is likely du...
The virtual currency Bitcoin is hot. In the past week, the price of a single Bitcoin has more than doubled and currently sits at about $240 on Mt. Gox , the largest Bitcoin exchange. If you’re new to Bitcoin, you’ve probably got a lot of questions. How does it work? Who controls it? W...
It’s been a great past few weeks if you’re a holder (or hoarder) of Bitcoins. The value of a single Bitcoin surpassed $200 today on the Mt. Gox exchange, yet another impressive milestone for the virtual currency. Bitcoin is an unregulated, decentralized currency and people can use it ...
If you’re a game developer and you want to make some coin — Bitcoin that is — you’re in luck. Heyzap, which makes tools to help game developers encourage players promote their games (by checking in or earning badges, for instance), announced last night that it would offer the option f...
If you’re a game developer and you want to make some coin — Bitcoin that is — you’re in luck. Heyzap, which makes tools to help game developers encourage players promote their games (by checking in or earning badges, for instance), announced last night that it would offer the option f...
On top of news that Bitcoin digital wallets were causing security headaches for customers, a new piece of malware spread through Skype might be using your computer to mine Bitcoins. Russian security firm Kaspersky Lab revealed the malware in a blog post yesterday, saying the virus onl...
Updated at 12:57 p.m. with more detail about current Bitcoin prices. Bitcoins are a hot commodity now, but are your Bitcoins actually safe? Bitcoin wallet company Instawallet has suspended its service “indefinitely” after being hacked. Bitcoin is a virtual, decentralized currency that...
The value of a single Bitcoin surpassed $100 today , a huge milestone for the virtual currency. But with its crazy rise in the past few months, it’s time to start seriously wondering if Bitcoin is in a bubble. Bitcoin is a virtual, decentralized currency that no government or central ...
Popular expense report startup Expensify now lets employers reimburse international workers with virtual currency Bitcoin , another step that shows Bitcoin’s influence is growing. Expensify was founded in May 2008 with the promise of offering “expense reports that don’t suck.” It make...
In its heyday, Tradehill was the second largest exchange for experimental virtual currency Bitcoin . But the site closed down due to a protracted regulatory dispute and a string of payments fraud charges . With a new team and a design reboot, Tradehill is ready for a relaunch. The new...
Investing in and using Bitcoins , a digital currency that can be transferred directly from person to person through the Internet, is a particularly bad idea because it is unstable and is being used as a speculative vehicle. That’s the consensus answer on question-and-answer site Quora...
It’s hard out there for a virtual currency. Bitcoin prices collapsed 23 percent Monday night after a technical glitch forced developers called for a temporary halt to Bitcoin-related transactions, but prices have since gone back up. Bitcoin has been trading at record prices in recent ...
Virtual currency Bitcoin has hit new highs in value after Mt. Gox , the largest Bitcoin exchange, struck a deal to let startup CoinLab handle its U.S. operations. Japan’s Mt. Gox is the largest exchange in the world for Bitcoin, but it had been having trouble making headway in the Uni...
Just a week after Reddit started letting its users pay via Bitcoin , another staple of the internet has started accepting the digital currency. Yesterday, non-profit organization The Internet Archive — a site that backs up old webpages, videos, and other forgotten digital media of the...
Community news-sharing site Reddit is the latest in a small (but growing) list of online services that are now accepting Bitcoin as a form of payment. Bitcoin is a form of digital currency that uses decentralized (peer-to-peer) technology to manage transactions and validate payments i...
Community news-sharing site Reddit is the latest in a small (but growing) list of online services that are now accepting Bitcoin as a form of payment. Bitcoin is a form of digital currency that uses decentralized (peer-to-peer) technology to manage transactions and validate payments i...
Customers of Coinbase , a platform for buying and selling digital currency Bitcoin, have bought or sold more than $1 million worth of Bitcoin in the past 30 days , a sign Bitcoin is beginning to boom again. Coinbase launched last year and aims to be “the PayPal of Internet-only curren...
Ruby package distributor RubyGems.org was hacked today, disrupting web developers globally and causing service shutdowns at popular hosting service Heroku. “There was a vulnerability with RubyGems.org, which allowed someone to execute code on the server,” a Ruby programmer I talked to...
Ruby package distributor RubyGems.org was hacked today, disrupting web developers globally and causing service shutdowns at popular hosting service Heroku. “There was a vulnerability with RubyGems.org which allowed someone to execute code on the server,” a Ruby programmer I talked to ...
Asia dominated the world stage of tech funding news today. A Singapore-based firm that focuses its investments on Southeast Asian companies revealed the first three members of its portfolio, a health and wellness startup raised money to enter the Korean market, and a Hong-Kong company...
The mobile payments market may be set to pull in $171 billion this year , but for VeriFone, it’s been a big waste of money. VeriFone launched Sail , its Square -wannabe mobile payment system in May. And while the venture had the name power of VeriFone behind it, name power was apparen...
