arstechnica.com Archives - 31 December 2012, Monday

  • The top six business of technology stories of 2012 (Why six? Why not!): Facebook went public, Bitcoin went mains...

    The top six business of technology stories of 2012 (Why six? Why not!)

    arstechnica.com 27 Dec '12, 5pm

    Back in June I heard about two San Francisco startups—Lyft and SideCar—that had similar business models. By the next month, I became a driver for both companies . Both companies allow individuals armed with smartphones to moonlight as not-quite-taxi drivers. Then, potential passengers...

  • Bitcoin going mainstream? Exchange approved to operate as a bank

    arstechnica.com 07 Dec '12, 4pm

    Bitcoin Central, a Bitcoin exchange that is popular in the eurozone, says it has secured approval from regulators to operate as a bank under French law. The announcement could be another sign of the cryptocurrency's growing legitimacy. The news was announced in a Thursday post on the ...

  • Team Obama: “[…] major languages we used (Python, Ruby, PHP) as well as the frameworks (Flask, Rails, Kohana)”

    How Team Obama’s tech efficiency left Romney IT in dust |

    arstechnica.com 23 Nov '12, 2am

    It also helped that the campaign, at least for internally developed applications, relied almost exclusively on Amazon Web Service for its infrastructure, eliminating a lot of the financial burden of infrastructure management. "For the applications built by the OFA [Obama for America] ...

  • WordPress now accepting payment in Bitcoin

    WordPress now accepting payment in Bitcoin

    arstechnica.com 16 Nov '12, 4pm

    WordPress is now the most well-known company to accept Bitcoin. redditor freeborn Bitcoin users of the world, unite! Or rather, unite around the fact that you can now buy WordPress upgrades via the digital cryptocurrency. WordPress has announced that it will now accept payment for its...

  • 78 percent of Bitcoin currency stashed under digital mattress, study finds

    78 percent of Bitcoin currency stashed under digital mattress, study finds

    arstechnica.com 17 Oct '12, 12pm

    Enlarge / A long chain of Bitcoin transactions, showing each address putting aside a small number of digital coins, helps illustrate a finding that 78 percent of them remain dormant in "savings accounts." Dorit Ron, Adi Shamir More than three-quarters of the digital coins in the Bitco...

  • Bitcoin makes bid for respect with new foundation

    arstechnica.com 28 Sep '12, 1pm

    One of the traditional strengths of Bitcoin, the peer-to-peer cryptocurrency , has been its decentralization. Because no one is in charge of the network, users place their trust in the security of the Bitcoin protocol rather than in any specific institution. Yet decentralization also ...

  • Bitcoin exchange Bitfloor attempts comeback after $250,000 heist

    arstechnica.com 27 Sep '12, 7pm

    Bitfloor, a fast-growing Bitcoin exchange that was felled by a security breach earlier this month, has resumed operations. Founder Roman Shtylman announced the site's revival on Google Plus. The exchange lost Bitcoins valued at about $250,000 in the heist. As a result, Bitfloor was in...

  • Hacker steals $250k in Bitcoins from online exchange Bitfloor

    arstechnica.com 05 Sep '12, 1am

    The future of the up-and-coming Bitcoin exchange Bitfloor was thrown into question Tuesday when the company's founder reported that someone had compromised his servers and made off with about 24,000 Bitcoins, worth almost a quarter-million dollars. The exchange no longer has enough ca...

  • Why Bitcoin lives in a “legal gray area”

    arstechnica.com 24 Aug '12, 3pm

    When news of Silk Road , the secretive online marketplace that allows drugs to be purchased with bitcoins , broke last year, Sen. Charles Schumer (D-NY) was not pleased. He denounced the currency as a "an online form of money laundering." Despite the Senator's bluster, though, the Bit...

  • Bitcoin company says debit cards coming in two months

    arstechnica.com 21 Aug '12, 8pm

    BitInstant says it expects to launch the first bitcoin-enabled debit card within the next several weeks. If a New York City Bitcoin startup has its way, there will soon be a much easier way to transfer the cryptocurrency between the digital world and actual, usable, real-world fiat ca...

  • #Bitcoin price soars above $9 for the first time in almost a year - Wait for the hedge funds to get in #futureofmoney

    Bitcoin price soars above $9 for the first time in almost a year

    arstechnica.com 12 Aug '12, 12pm

    The price of Bitcoins surged this week, rising above $9 for the first time in almost a year. The increase suggests growing public interest in the peer-to-peer cryptocurrency. Last month, we marked the one-year anniversary of the Bitcoin bubble popping. We noted that after plunging for...

  • Bitcoinica users sue for $460k in lost Bitcoins | Ars Technica

    arstechnica.com 12 Aug '12, 12am

    Earlier this week, four users of the well-known Bitcoin trading platform Bitcoinica filed a complaint in a San Francisco court asking for $460,457.70 from the company. The plaintiffs allege that Bitcoinica, which had been hacked twice earlier this year, neglected the safety of its use...

  • Study estimates $2 million a month in Bitcoin drug sales

    Study estimates $2 million a month in Bitcoin drug sales | Ars Technica

    arstechnica.com 07 Aug '12, 8pm

    We've noted before that the cryptocurrency Bitcoin has been adopted enthusiastically by those engaged in legally dubious pursuits like gambling and drug purchases. Forbes points us to a new study that backs up this proposition with hard data. Nicolas Christin, a researcher at Carnegie...

  • Ars Technica

    arstechnica.com 29 Jul '12, 10am

    Office 2013: Microsoft's bid to win the future Paging Dr. Wasteland: One man's crusade to heal DayZ's zombie victims Microsoft attacked for five-figure Xbox 360 "patch fee" (updated) Epic fraud: How to succeed in science (without doing any) It's legal: cops seize cell phone, impersona...

  • Australian cops tout arrest of man for Bitcoin drug deal | Ars Technica

    arstechnica.com 27 Jul '12, 7pm

    Two Australian law enforcement agencies are crowing about their arrest of a man who attempted to import illicit drugs into Australia using the online drug marketplace Silk Road. In a press release brought to our attention by CSO , the Australian Federal Police (AFP) and the Australian...