ver since Paul Krugman started weighing in on Bitcoin recently , people have been using his notorious 1998 Internet prediction to mock him: By 2005 or so, it will become clear that the Internet’s impact on the economy has been no greater than the fax machine’s. Krugman was dead wrong,...
8 January 2014 Last updated at 17:29 GMT Share this page Delicious Digg Facebook reddit StumbleUpon Twitter Email Print Yahoo malware enslaves PCs to Bitcoin mining By Jane Wakefield Technology reporter Bitcoins represent rich pickings for criminals Continue reading the main story Rel...
As many as two million European users of Yahoo may have received PC malware from virus-laden ads served by its homepage over a four-day period last week. Some of the malware would turn PCs into bitcoin miners - a huge drain on its computing resources - without users' knowledge. Yahoo ...
REUTERS/Kevin Lamarque A tourist gazes up towards the dome of the U.S. Capitol in Washington. Last week we told you how Texas Rep. Steve Stockman (R-Texas) became the first sitting elected official in Washington to accept Bitcoin for his 2014 campaign against Sen. John Cornyn. Dan Bac...
Another blow for Bitcoin in China. Alibaba — the e-commerce giant — will no longer allow Bitcoin use on its site. From the FT : Alibaba said that as of January 14 it would stop its users from doing any deals in Bitcoins or other virtual currencies such as Litecoins, and would bar merc...
Sure, you want to learn from the Valley. Silicon Valley still is probably the best place to start a business. That’s why I set up Draper University of Heroes there. But I would say the best way to look at startups in Hong Kong is look at how they’re done in all these other parts and f...
Singapore-registered companies who buy and sell bitcoins or exchange the digital currency for other goods and services must pay taxes for these transactions, says the Inland Revenue Authority of Singapore (IRAS), Singapore’s tax authority. The government’s stance towards the volatile ...
BEIJING (Reuters) - China's biggest online marketplace, Alibaba Group Holding Ltd's Taobao, will ban the sale of bitcoins on the heels of a government crackdown against the virtual currency to plug a potential gap in its tight controls on capital flows. The move comes as Alibaba, Chin...
Bitcoin's resiliency—as well as its recent rise above the $1,000 mark—is gaining it additional converts to the belief that the cryptocurrency is for real. One of the latest skeptics-turned-believers is Ty Danco, a respected market veteran who has worked up one side of Wall Street and ...
The Congressional Research Service recently took a close look at Bitcoin, and it discovered a rather unexpected land mine that could bring down the world’s most popular digital currency: the Stamp Payments Act of 1862. This 152-year-old law forbids any American from issuing a check, n...
In just a few short years, bitcoin mining has come a long way , from CPUs, to GPUs, to specialized, single purpose, system-on-a-chip beasts. There's still progress to be made, though, more efficient mining marvels to build. This is that progress. Meet the (prototype) brains of an insa...
Bitcoin appears to be coming up against increased opposition in China. The latest setback has seen China’s largest e-commerce site Taobao banning the trading of Bitcoin and sales of all related products, in particular mining hardware and software, saying that China’s central bank has ...
Kanye West has made attempts to shut down the virtual currency that uses his name. The anonymous programmers behind the Bitcoin alternative Coinye West have reportedly received lawyers' letters accusing them of infringing on the rapper's trademark. Billed as a "PROPER and FAIR ... [cu...
Overstock.com has become the first major online shopping retailer to commit to accepting the digital currency bitcoin as payment in exchange for any of our million products. We are doing this for both business and philosophical reasons. First, the business reasons: There are large num...
Photographer: Tomohiro Ohsumi/Bloomberg Bitcoin, created five years ago by an anonymous programmer or programmers known as... Read More Bitcoin, created five years ago by an anonymous programmer or programmers known as Satoshi Nakamoto, exists as strings of computer code. Close Close ...
Some sellers may be willing to take Bitcoin from homebuyers but, for now at least, real estate transactions in the digital currency are likely to be all-cash deals. Just thinking about a Bitcoin mortgage will make your head spin, a report by National Mortgage news makes clear. The val...
Photographer: Chris Ratcliffe/Bloomberg A computer screen displays the Bitcoin currency logo on an internet website in London. A computer screen displays the Bitcoin currency logo on an internet website in London. Close Close Open Photographer: Chris Ratcliffe/Bloomberg A computer scr...
But Taobao’s impending ban is puzzling. While China’s Central Bank has decreed that Bitcoin and any other virtual currency cannot be used as a currency (ie: for buying and selling stuff), people may still trade it and invest in it as a commodity. In theory, that makes it fine to trade...
A few days ago it was revealed that numerous European users of Yahoo, as many as two million, had gotten infected with malware from virus-laden ads served by Yahoo's homepage during the period from December 31 to January 3. The company admitted as much when it revealed that "From Dece...
Bitcoin exchanges in China are trying to maneuver around tight rules imposed by the central bank, even as the virtual currency faces a new challenge now that Alibaba Group Holding Ltd.'s giant online shopping site has banned the sale of bitcoin and related items. Bitcoin prices have r...
Kanye West has made attempts to shut down the virtual currency that uses his name. The anonymous programmers behind the Bitcoin alternative Coinye West have reportedly received lawyers' letters accusing them of infringing on the rapper's trademark. Billed as a "PROPER and FAIR ... [cu...
Bitcoin, Litecoin, DogeCoin, Catcoin... Décidément, les monnaies virtuelles décentralisées ont le vent en poupe et se multiplient comme des petits pains. D'ailleurs, peut-être disposez-vous d'une puissance de frappe suffisante pour vous aussi lancer votre propre monnaie ? Même si je n...
The Congressional Research Service recently took a close look at Bitcoin, and it discovered a rather unexpected land mine that could bring down the world’s most popular digital currency: the Stamp Payments Act of 1862. This 152-year-old law forbids any American from issuing a check, n...
-ATM Bitcoin kedua di dunia akan hadir di Hong Kong akhir bulan ini. Mesin tersebut akan disediakan oleh perusahaan software asal Amerika Serikat (AS), Robocoin. Mesin ini juga akan dipasarkan kepada operator lain, seperti bank atau institusi keuangan lainnya yang berminat. Sehingga p...
Proof: Schoolchildren's Palace in Pyongyang. Via BitcoinDPRK From Berlin to Botswana to Beijing, Bitcoin is spreading all over the world, and now, it’s finally hit North Korea. Well, sort of. A brave Bitcoiner known only by his Reddit handle BitcoinDPRK—maintaining anonymity makes sen...
8 January 2014 Last updated at 17:29 GMT Share this page Delicious Digg Facebook reddit StumbleUpon Twitter Email Print Yahoo malware enslaves PCs to Bitcoin mining By Jane Wakefield Technology reporter Bitcoins represent rich pickings for criminals Continue reading the main story Rel...
Representative Steve Stockman (R-Tex.) is no stranger to provocative proposals. He authored one bill to repeal a federal ban on carrying firearms in school zones and one declaring that human life exists from fertilization. Now, in his long-shot bid for the U.S. Senate, Stockman has tu...
Bitcoin appears to be coming up against increased opposition in China. The latest setback has seen China’s largest e-commerce site Taobao banning the trading of Bitcoin and sales of all related products, in particular mining hardware and software, saying that China’s central bank has ...
The head of an influential Senate committee on virtual currencies today warned against “killing the baby in the cradle” by over-regulating bitcoin. Senator Tom Carper said that there were “good things” in the virtual currency, and likened the current situation to the early days of the...
