Patrick Byrne, CEO and chairman of Overstock.com. Photo: Joe Pugliese/WIRED Overstock.com is now accepting payments in bitcoin, making it the first major online retailer to embrace the increasingly popular but controversial digital currency. Since December, Overstock’s free-thinking C...
It’s not clear whether Bitcoin’s inventor, who disappeared from the Internet in mid-2010, was prophetic enough to imagine what happened last year. The value of Bitcoin exploded, with the price of an individual coin jumping from $100 in July to $200 in October to more than $1,000 as of...
A doomsday scenario that has long been dismissed by bitcoin’s biggest boosters is now a clear and present danger . At 3am ET this morning, a single bitcoin mining collective known as Ghash.io reached 45% of the computing power of all global bitcoin miners, just six points short of the...
The Bitcoin-Mining Arms Race Heats Up Bridge Scandal Destroys Christie's 'Nice Jerk' Image Confide, a Snapchat for the Corner Office Six Lessons From Boeing's Big Contract Victory The Waste and Corruption of Vladimir Putin's 2014 Winter Olympics The Bitcoin-Mining Arms Race Heats Up W...
Overstock CEO Patrick Byrne says Bitcoin was a “dream come true” Last month, Overstock.com Overstock.com , which sells everything from jewelry to couches, announced that it would start accepting Bitcoin by the middle of 2014. CEO Patrick Byrne, 51, said the low-priced site was looking...
Governments all over the world have either been rejecting Bitcoin as a legitimate currency or issuing warnings about the use of it — including India , Norway and South Korea just last month, following in the footsteps of statements from the central bank in China and Thailand in July ....
If you still can’t figure out what the heck a bitcoin is, this simple explanation for a five-year-old may help you … We’re sitting on a park bench. It’s a great day. I have one apple with me, I give it to you. You now have one apple and I have zero. That was simple, right? Let’s look ...
Todo sobre este tema Bitcóin Conozca al bitcóin, el gran triunfador de 2013 Supera los mil dólares: juegos en línea impulsan al bitcóin Paul Krugman, Nobel de Economía: El bitcóin es inestable Leer Más » El territorio proclamó su autonomía del Gobierno de Japón en octubre pasado. Su f...
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BTC China CEO Bobby Lee. Photo: BTC China Back in October, we marveled that a then-unknown company named BTC-China had suddenly become the world’s most popular Bitcoin exchange, helping to push the value of the digital currency over $200. But less than three months later, Bitcoin pric...
This week's Bloomberg Businessweek cover story features Bloomberg's Ashlee Vance and Brad Stone covering "The Bitcoin-Mining Arms Race." As usual, the cover of the magazine itself comes close to overshadowing the story. Check it out (the subhed reads: "Why are investors so crazy about...
If you’ve made a fortune in bitcoins over the past year and think you can shield the gain from the tax man, you may be in for a rude shock: Tax authorities around the world have been closely studying the virtual currency, which in some cases is much less anonymous and untraceable than...
Close your eyes — Businessweek is about to take you to a magical land of fictional equines and deflationary currency. The cover of this week's issue, based on an article entitled "Bitcoin Dreams ," features a white unicorn running along a river that flows through a jungle as a planet ...
Overstock.com unexpectedly announced today they had begun accepting Bitcoin. CEO Patrick Byrne had told us and others the launch wouldn't come for another few months. Byrne now tells us that last week, they decided to reach out to Coinbase.com, one of the largest Bitcoin payment proce...
Después de Canadá, Taiwan y Hong Kong acogerán la siguiente tanda de robocoins, los cajeros ATM capaces de expedir bitcoin , la célebre moneda virtual, que serán enviados este mes. La compañía Robocoin , la encargada de fabricar estas máquinas, ha anunciado que los próximos destinos d...
It’s not clear whether Bitcoin’s inventor, who disappeared from the Internet in mid-2010, was prophetic enough to imagine what happened last year. The value of Bitcoin exploded, with the price of an individual coin jumping from $100 in July to $200 in October to more than $1,000 as of...
Satoshi Nakamoto, de vermoede bedenker van het bitcoin protocol, heeft dit fundamentele probleem opgelost. Bitcoin is in de basis een decentrale manier om informatie (zoals eigendomsrecht) vast te leggen en over te dragen in de aanwezigheid van onbetrouwbare partijen zonder dat daarbi...
BTC China CEO Bobby Lee. Photo: BTC China Back in October, we marveled that a then-unknown company named BTC-China had suddenly become the world’s most popular Bitcoin exchange, helping to push the value of the digital currency over $200. But less than three months later, Bitcoin pric...
When the world’s first Bitcoin ATM went live in a Vancouver coffee shop last fall, it created a global media buzz and racked up over $100,000 of transactions in eight days. Still, I thought, what a dumb idea. While intrigued by Bitcoin, I didn’t see the point of putting an ATM in a pl...
A Congressional report quietly released last month suggests that bitcoin could be a threat to US monetary policy, and makes the case for continued central banking control. The report, Bitcoin: Questions, Answers, and Analysis of Legal Issues , was published by the Congressional Resear...
We’re proud to announce a new partnership with Overstock.com , a leading discount online shopping retailer, which will make it possible for consumers to purchase items on their site using bitcoin. Starting today, bitcoin will be a purchase option for any item sold on Overstock.com via...
fdecomite/flickr See Also Geologists Finally Identify The Trigger For Devastating Super-Volcanoes In Theory, It's Pretty Easy For A Bitcoin Exchange To Fake Its Huge Trading Volumes BYRON WIEN: Bitcoin Will Collapse In 2014 The online currency Bitcoin has shown unexpected success but ...
Puede que la Bitcoin se haya hecho famosa durante 2013, pero en realidad la criptomoneda ya cumplió 5 años de edad . El 3 de enero de 2009, Satoshi Nakamoto lanzó la moneda al crear el "bloque génesis ", la primera entrada en el registro de transacciones de la bitcoin. La bitcoin es b...
¿Y si una de las páginas más visitadas de internet instalara malware? Eso es justo lo que pasó la semana pasada con Yahoo! , ya que tal y como han informado a través de un comunicado oficial, durante los días 31 de diciembre y 3 de enero algunos banners de su sistema de publicidad ubi...
Bitcoin fue inventado en 2009 por un informático (o varios) oculto bajo el seudónimo de Satoshi Nakamoto, que quería crear una moneda no dependiera de ningún banco central o institución financiera. Nadie es 'dueño' de la moneda digital, que es emitida por un potente algoritmo . Se tra...
Users of popular Bitcoin exchanges are being actively targeted by cyber crooks looking to syphon funds out of their digital wallets. When cyber crooks are looking to infect as many Internet users with Bitcoin mining software, they usually start a wide-reaching, generic spam campaign. ...
The world’s first insured bitcoin storage service has launched in the UK, with insurance underwritten by Lloyd’s of London . Named Elliptic Vault , the service uses advanced “deep cold storage” techniques to secure its customers’ bitcoins. Deep cold storage involves the use of both st...
Many of our customers share threat intelligence with our Magna Cloud, so our research lab noticed this unknown malware and attack campaign coming from our customers' networks and investigated the specific case. As part of the investigation, we found a few tools that were downloaded by...
Big Apple to bitcoin bigwigs: Spill it. On January 28, the New York City Economic Development Corporation, which essentially acts as a government agency, is co-hosting an invite-only bitcoin breakfast discussion with the Partnership Fund for New York City. The topic: “The rise and ris...
Singapore has given guidance on how it intends to tax bitcoin transactions for businesses and merchants, becoming one of the first governments in the world to do so. Singapore-based bitcoin brokerage Coin Republic received an official response to its requests to the Inland Revenue Aut...
