zdnet.com Archives - 01 March 2015, Sunday

  • Eftpos machines accepting bitcoin with CoinJar's Swipe card

    zdnet.com 27 Feb '15, 12am

    CoinJar has announced the general release of CoinJar Swipe, an Eftpos card that allows people to use their bitcoins to make purchases at any Australian store with an Eftpos terminal. CoinJar Swipe cardholders will have instant access to their bitcoins, and will no longer have to wait ...

  • Singapore 2015 budget retains focus on SMBs, innovation

    zdnet.com 24 Feb '15, 4pm

    The Singapore government has renewed its focus on small and midsize businesses (SMBs), offering more financial to help drive initiatives in innovation and research development, as well as skills upgrading among employees. The country's 2015 budget features various grants dedicated to ...

  • Microsoft opens Singapore cybersecurity satellite center

    zdnet.com 16 Feb '15, 11am

    Microsoft has opened its fifth global Cybercrime Satellite Centre in Singapore to support its cybercrime efforts in Asia-Pacific, which is increasingly a hot target for hackers. The facility is the third in the region where there are similar centers in Beijing and Tokyo, and will lend...

  • Bitcoin Group pulled up for pre-IPO chatter

    zdnet.com 13 Feb '15, 5am

    The Australian Securities and Investments Commission (ASIC) has warned Australian bitcoin trading company Bitcoin Group Limited away from making public statements concerning its proposed initial public offering (IPO) until after lodging a prospectus. ASIC released a statement on Frida...

  • CoinJar pegs bitcoin to standard currencies

    zdnet.com 11 Feb '15, 5am

    Australian bitcoin company Coinjar has found a way to allay some of its customers' fears over the fluctuating value of the digital currency, introducing a new hedged accounts offering aimed at locking in the fiat money price of bitcoin. Hedged accounts allow users to peg the price of ...

  • New government agency to oversee Singapore's cybersecurity operations

    zdnet.com 27 Jan '15, 10am

    The Singapore government has established a new agency to oversee the country's cybersecurity operations and take charge of future developments in this area. Scheduled to be operational from April 1, the Cyber Security Agency (CSA) will come under the purview of the Prime Minister's Of...

  • New IoT research facility opens in Singapore

    zdnet.com 27 Jan '15, 7am

    Greenwave Systems has opened a research and development (R&D) center in Singapore, where it also plans to expand its current headcount by 50 percent. The Internet of Things (IoT) software and services provider said it was aiming to increase its current local employee base of 80 to 120...

  • Coinbase opens first US bitcoin exchange

    zdnet.com 27 Jan '15, 12am

    Bitcoin wallet operator Coinbase has opened the first regulated US exchange for the digital currency. The opening could provide a boost to the cryptocurrency, which has been hit hard by concerns about links to illegal activities and the collapse of a major bitcoin exchange last year. ...

  • Bitstamp bitcoin exchange hacked, trading suspended: About $5.1M suspected stolen by @zackwhittaker

    Bitstamp exchange hacked, $5M worth of bitcoin stolen

    zdnet.com 05 Jan '15, 8pm

    Bitstamp prices plummeted after news of the breach broke (Screenshot: ZDNet) European bitcoin exchange Bitstamp suspended trading Monday after one of its active, operational bitcoin storage wallets was "compromised" over the weekend. In a statement on its site, Bitstamp warned users n...

  • Bitcon: The naked truth about bitcoin (Podcast)

    Bitcon: The naked truth about bitcoin (Podcast)

    zdnet.com 29 Dec '14, 3pm

    Best-selling author Jeffrey Robinson and I discuss his new book: Bitcon: The naked truth about bitcoin in this podcast. I've included some highlights from my interview and from the book here as well. As you can see from the book's cover, Jeffrey Robinson and I are on the same page in ...

  • India's Flipkart raises $700M, files to convert to public company in Singapore

    zdnet.com 22 Dec '14, 3am

    The Indian e-commerce giant said in a statement that the new funding came from new investors including Baillie Gifford, Greenoaks Capital, and Qatar Investment Authority, as well as current investors that include GIC, ICONIQ Capital, and Tiger Global. It added that the latest funds wi...

  • Warning over fake Bitcoin Foundation sites scamming cryptocurrency users

    Warning over fake Bitcoin Foundation sites scamming cryptocurrency users

    zdnet.com 02 Dec '14, 1pm

    The latest ruse to scam Bitcoin owners out of their holdings is websites posing as The Bitcoin Foundation and capitalising on concerns over the cryptocurrency's falling price. The Bitcoin Foundation said on Monday that it has seen a spike in complaints to its helpdesk over a fraud cam...

  • Australia's CoinJar moves HQ to UK for 'progressive' bitcoin scene

    zdnet.com 01 Dec '14, 6am

    Australian bitcoin startup CoinJar has followed Atlassian's lead, moving its headquarters to London in an expansion bid that will see it tap into the country's financial sector. On December 1, the bitcoin startup revealed that it had relocated its headquarters to London's Docklands re...

  • Senator Tom Coburn agrees that Bitcoin is not legal currency

    zdnet.com 26 Nov '14, 2pm

    Thank you for writing to me to express your concerns about cryptocurrencies, such as bitcoin. I appreciate the opportunity to hear from you on this matter and share many of your concerns. The IRS recently announced its ruling that cryptocurrencies will be taxed at capital gains rates ...

  • Chope gobbles up F&B startup to save diners queue time

    zdnet.com 24 Nov '14, 9am

    Singapore's restaurant booking site, Chope, has acquired a local startup that will boost its own service with a queue-monitoring app. Appic Technologies' Ticktok queueing service runs on Apple iOS mobile devices and allows diners to receive notifications when their table is ready. It ...

  • Chope gobbles up F&B startup to save diners queue time

    zdnet.com 24 Nov '14, 9am

    Singapore's restaurant booking site, Chope, has acquired a local startup that will boost its own service with a queue-monitoring app. Appic Technologies' Ticktok queueing service runs on Apple iOS mobile devices and allows diners to receive notifications when their table is ready. It ...

  • Singapore ISP unveils 2Gbps fiber broadband service

    zdnet.com 12 Nov '14, 12pm

    ViewQwest has unveiled a new 2Gbps fiber broadband service for households in Singapore, offering the country's fastest internet connection in the market and what it's touting to be the world's first outside of Japan. Latest news on Asia Singapore ISP unveils 2Gbps fiber broadband serv...

  • Bitcoin for the unconnected: The Finnish protocol that lets you buy and sell currency through your TV

    zdnet.com 21 Oct '14, 9am

    Bitcoin, the cryptocurrency to beat, has found its way into well over a million digital wallets worldwide but it's yet to hit mass adoption. Finnish technology co-operative Koodilehto believes the answer to Bitcoin's search for wider accessibility and reliability could lie in TV and r...

  • Bitcoin hoard no remedy for negative cashflow

    zdnet.com 20 Oct '14, 5am

    Australian-listed bitcoin mining company Digital CC Limited, which trades as digitalBTC, has claimed cash reserves of AU$4.36 million at the end of September, but reported a negative net operating cash flow of AU$-261,000 for the quarter. The company, which listed on the Australian Se...

  • Bitcoin survival relies on community 'growing up'

    Bitcoin survival relies on community 'growing up'

    zdnet.com 14 Oct '14, 12pm

    ISLE OF MAN — The cryptocommunity needs to "grow up" if Bitcoin is going to flourish, according to a prominent member of the security community. Interest in Bitcoin exploded after the 2008 recession. In 2012, there was a sharp rise in Bitcoin-based merchant services. Since this time, ...

  • Why I almost bit on bitcoin and nearly bought into the Butterfly Labs scam

    zdnet.com 30 Sep '14, 3pm

    If I read Mr. Gewirtz correctly, Butterfly Labs wasn't engaging in a Ponzi Scheme. It was more akin to fraud and conversion. Customer buys new system from BL with money up front. BL then acquires a system, take a quick delivery, and diverts the system to generate bitcoins for themselv...

  • Australian startup CoinJar trials bitcoin Eftpos card

    zdnet.com 18 Sep '14, 2am

    Australian bitcoin exchange startup CoinJar is hoping to "bridge the gap" between cryptocurrency and traditional payments systems with the trial of a new Eftpos (electronic funds at point of sale) card that allows users to pay for items in Australian dollars using the digital currency...

  • Bitcoin phishing campaign targets media, tech, education industries

    Bitcoin phishing campaign targets media, tech, education industries

    zdnet.com 21 Aug '14, 10am

    A Bitcoin-based phishing campaign has targeted over 400 organizations with the intention of stealing cryptocurrency wallet passwords. California-based security company Proofpoint discussed the campaign on Wednesday. In a blog post , the security team said that due to its unregulated n...

  • Bitcoin is barter for individuals, taxable for business: ATO

    zdnet.com 20 Aug '14, 4am

    The Australian Taxation Office (ATO) released its guidance on the taxation treatment of Bitcoin and other crypto-currencies today, timed to coincide with the lodgement of Australians' 2013-2014 income tax returns. "The guidance paper and draft tax rulings issued today provide certaint...

  • Mt. Gox Bitcoin investors voice anger after creditors meet

    zdnet.com 24 Jul '14, 5am

    Investors from failed Japanese Bitcoin exchange, Mt. Gox, are livid following the first creditors meeting Wednesday in Tokyo, where questions remain unanswered over the loss of some US$500 million worth of Bitcoins. A group of more than 100 investors were present at the courthouse mee...

  • NSA fallout prompted change in Singapore startup's cloud strategy

    zdnet.com 27 Jun '14, 10am

    Unified Inbox was just about ready to launch its cloud-based communications tool last year, when Edward Snowden rocked the industry with his revelations about widespread cyberspying activities. User concerns about data privacy ensued , prompting the Singapore startup to rethink and re...

  • Singapore fiber operator keen to be fourth telco

    zdnet.com 26 Jun '14, 4pm

    The needs of mobile consumers in Singapore are still not fully addressed and the market needs more competition to deliver more value to customers. In fact, the introduction of a fourth operator in the country would help ensure innovation and better user experience, argued MyRepublic i...

  • False Stoned virus detections in Bitcoin files are widespread

    zdnet.com 24 Jun '14, 11am

    Researcher Didier Stevens is reporting on his blog that he has confirmed the reports of anti-virus false positive detections in Bitcoin files. Stevens submitted samples to VirusTotal and received positive detections from several , including many respectable vendors like Symantec, Soph...

  • China demands all banks cease trading in Bitcoin

    zdnet.com 28 Mar '14, 12pm

    Apparently you've figured it all out and the monetary policy specialists for governments around the world are all wrong. :S First of all, by your definition "currency" is anything you can use as payment and it includes everything from Monopoly money to gold pieces in World of Warcraft...

  • Google yanks two battery-sucking Bitcoin mining Android apps from Play store

    zdnet.com 28 Mar '14, 10am

    Researchers have found two popular apps in Google Play that surreptitiously mine several cryptocurrencies for their makers, potentially over-heating devices and shortening their lifespan. It's not so surprising to hear of new malware for Android these days, especially when it comes to...