MENU

Tag: bitcoin

South Korean Cryptocurrency Regulator Found Dead Amid Government Attemps To Reign Market

A South Korean official in charge of taking back control of the country's lucrative cryptocurrency market was found dead at his home on Sunday. He was working on legislation to take control of the cryptocurrency market.

Business Tech

Coinbase Responds To Overcharges Incurred By Customers

Coinbase addressed the overcharging and unauthorized withdrawals from users accounts. It is now pointing the finger in the direction of credit card companies.

Business Tech

Salon Wants To Get Rid Of Ads By Asking Users To Mine Cryptocurrency Instead

Salon has a new strategy of dealing with people who block ads on the website. It's offering a new choice, get rid of ads and instead mine cryptocurrency for Salon.

Internet February 13, 2018

Rounding Up The Theories For The Current Cryptocurrency Market Crash

Cryptocurrency has not had a good month. Fortunes seemed to be on the rise until an unexpected crash occurred at the end of last year, taking the winds out of the sails of the cryptocurrency market.

Business Tech February 1, 2018

Facebook Is Banning All Cryptocurrency Ads, Including Bitcoin And ICOs

Cryptocurrency companies will no longer be able to advertise on Facebook. The company has just banned all ads pertaining to bitcoin, ICOs, and others, though the move isn’t permanent.

Internet January 31, 2018

Hackers Hijack Google’s DoubleClick Advertisement System On YouTube For Cryptocurrency Mining

Attackers took advantage of Google’s advertising platform to put cryptomining currency code inside YouTube ads. The perpetrators primarily used Coinhive to facilitate the attacks, a controversial subscription service.

Security January 27, 2018

South Korea Plans To Hit Bitcoin Exchanges With Taxes

South Korea, still fighting with its massive cryptomarket, now plans to tax its bitcoin exchanges. South Korea continues its fight to regulate the market after previously discussing a possible ban on bitcoin.

Business Tech January 23, 2018

KFC Canada Introduces Bucket That Can Only Be Bought With Bitcoin

Bitcoin is becoming more intertwined in the economy, now people can buy buckets of chicken with it. KFC Canada rolled out a new bucket that can only be purchased using bitcoin.

Life & Style January 16, 2018

South Korea May Be Looking To Ban Cryptocurrency Trading

One of the largest markets in the world supporting Bitcoin and other cryptocurrencies is considering legislation to ban it. South Korea might pass a new law that bans the trading of cryptocurrencies.

Business Tech January 13, 2018

Ripple Rises To Become Second Most Valuable Cryptocurrency

Bitcoin continues to dominate the market for cryptocurrency, but recently, Ripple rose to become the second most valuable cryptocurrency. It recently overtook Ethereum in market share.

Business Tech January 3, 2018

Bitcoin's Price Drop Triggers South Korea To Make Changes

Bitcoin's recent volatility after a period of sharp rises is forcing South Korea to make changes. The cryptocurrency's widespread popularity in the country worries lawmakers.

Business Tech December 30, 2017

Bitcoin Prices Recover After Last Week's Large Drop

Bitcoin and other cryptocurrencies saw a large drop at the end of last week. Prices have been steadily rising but not to the record-highs seen before.

Business Tech December 27, 2017

Bitcoin's Price Drops Sending Panic In The Cryptocurrency Market

Cryptocurrency is a volatile investment. With prices soaring people who recently bought into the market are experiencing a hard crash.

Business Tech December 25, 2017

South Korea Investigates Possible Involvement Of North Korea In Latest Bitcoin Hack

Authorities suspect North Korea is involved in the latest cyber attack incident. Hackers targeted a South Korean cryptocurrency exchange company named Youbit, which filed for bankruptcy after the attack.

Business Tech December 22, 2017

You Can't Buy Steam Games With Bitcoin Anymore

Steam no longer supports Bitcoin, meaning you can't buy games on the platform with the cryptocurrency anymore. Valve says it's because of the 'volatility' and increasing transaction fees of the virtual money.

Video Games December 7, 2017

The Winklevoss Twins Now Bitcoin Billionaires

The Winklevoss Twins, who became famous when they sued Facebook founder Mark Zuckerberg in 2004, are now officially Bitcoin billionaires as bitcoin trading surged over 10,000 percent during the final week of November.

Business Tech December 4, 2017

Cryptocurrency Owners Have Already Spent Almost $2 Million On CryptoKitties In Just A Few Days

Cryptocurrency owners have spent nearly $2 million on CryptoKitties, a collectible cat game that just launched a few days ago. People can purchase virtual cats in auctions and breed them to try to create kittens with rare attributes.

Internet December 3, 2017

Elon Musk Denies He Is Bitcoin Inventor Satoshi Nakamoto

Elon Musk as the creator of bitcoins steers up again. A former SpaceX intern blogged about the possibility that Elon might be the real Satoshi Nakamoto.

Business Tech December 2, 2017

Cryptocurrency Startup Tether Hacked: Attackers Take $31 Million Worth Of Bitcoin

Tether, a cryptocurrency startup, has lost $31 million worth bitcoins from its platform due to the hacker attack. The value of cryptocurrencies has fallen across the market against the U.S. dollar after the news of the attack broke out.

Security November 21, 2017

New BadRabbit Ransomware Spreads Through Europe Demanding .05 Bitcoins For Every Infected Computer

A new ransomware is breaking into hard-to-crack media outlets, subway systems, and airports in Europe, particularly Ukraine and Russia. Called BadRabbit, security researchers think it’s by the same people who distributed NotPetya.

Security October 25, 2017

The Pirate Bay Gives Torrent Links, But Hijacks PC In Return With A Bitcoin Miner

The Pirate Bay gives torrent links, but it is now also taking back from its users by hijacking their computers to mine Bitcoins. Here's what you can do to stop the Javascript code from slowing down your PC.

Internet September 17, 2017

Equifax Hackers Demand $2.66 Million Ransom For Stolen Information, With Sept. 15 Deadline

The Equifax hackers have demanded a ransom of over 600 Bitcoin, or about $2.66 million, by Sept. 15. The victims of the Equifax data breach should safeguard their information, whether or not Equifax pays the ransom.

Security September 10, 2017

Hackers Leak Private Photos Of Celebrities From Plastic Surgery Clinic

A group of hackers attacked a Lithuanian plastic surgery clinic and released private client information, along with personal photos including nude pictures. The hacking group, identified as the ‘Tsar Team,’ demands Bitcoin ransom in exchange for the sensitive stolen data.

Healthy Living/Wellness May 31, 2017

Bitcoin Is Now More Expensive Than Gold, Cryptocurrency Reaches All-Time High

A unit of digital cryptocurrency, bitcoin has reached a new historic high. The price of one bitcoin has surpassed the value of an ounce of gold for the first time.

Business Tech March 3, 2017

Hackers Demand Bitcoin Ransom From Hotel After Locking Hundreds Of Guests

Hackers attacked a hotel in Austria and guests were locked in their rooms, and the electronic systems disabled and manipulated. The systems were released only after the hackers' demand for 1,500 euros (about $1,600) bitcoin ransom was paid.

Life & Style January 30, 2017

Bitcoin Wallet Provider Xapo Gets Conditional Approval In Switzerland

Xapo has now been granted conditional approval from Switzerland for its operations. The move is seen as a regulatory breakthrough for virtual currency wallet providers.

Business Tech January 30, 2017

Bitcoin Will Soon Become A Regulated Currency, Says Bitcoin Exchange Boss

BTCC cofounder and CEO Bobby Lee has stated that bitcoin will be regulated in the future. People's Bank of China (PBoC) recently launched an investigation of the bitcoin exchange platforms because of immense price hike in the market.

Business Tech January 25, 2017

Los Angeles Valley College Pays $28,000 Ransom To Cyberattackers In Bitcoin

The Los Angeles Valley College came under a cyber-attack and ended up paying a ransom of $28,000 to the hackers. The college received the decryption key to restore access but only after the payment was made through Bitcoin.

Security January 15, 2017

Hacker Linked To MySpace, Tumblr, LinkedIn Breaches Now Selling 32 Million Twitter Accounts For 10 Bitcoins

The hacker linked to data breaches on MySpace, Tumblr and LinkedIn is now selling millions of Twitter accounts for 10 bitcoins. According to LeakedSource, the evidence points to the victim of the hacking not being Twitter itself, but rather its users.

Internet June 9, 2016

Australia To Auction Confiscated Bitcoins Worth $11 Million

Australia is set to auction confiscated bitcoins worth $11 million. The organizers are hoping to attract sophisticated investors who see value in this growing digital asset.

Business Tech May 31, 2016

Australian Businessman Craig Wright Calls Off Promise To Transfer Bitcoin

Members of the bitcoin community accused Wright of hoaxing.

Business Tech May 5, 2016

Craig Wright Is Satoshi Nakamoto: Australian Entrepreneur Publicly Identifies Himself As Bitcoin Creator

Bitcoin may be foreign territory to many but it’s actually already accepted in numerous establishments. Now, the cryptocurrency’s founder has a face in Craig Wright.

Business Tech May 2, 2016

Valve Turns On Steam Bitcoin Payments: Here's How This Should Help Users In Emerging Markets

Valve confirmed that its gaming and digital media platform Steam will now accept payments in bitcoin from users. The company added that the new payment feature is made possible through the processing service company BitPay.

Video Games April 28, 2016

Soon, You'll Be Able To Buy Games On Steam Using Bitcoin

The option to buy games using the popular cryptocurrency is coming to Steam.

Video Games April 22, 2016

Victims Of Petya Ransomware, Rejoice! Security Researchers Create Free Password Generator

Security researchers devised a tool that allows Petya ransomware victims to use a free password for decrypting their PC’s master boot file. Once decrypted, users would be able to use their PCs once again.

Internet April 13, 2016

Another Hospital Hit By Ransomware: Medical Data Held Hostage For Bitcoin In Kentucky

A Kentucky-based hospital became the latest victim of a ransomware attack after a number of files on its computer systems were infected by encryption. The perpetrators are reportedly asking for a total of four bitcoins, around $1,600, as the ransom amount.

Computers March 25, 2016

Microsoft Store Still Accepts Bitcoin As Payment Option

A message on a Microsoft support website stated that the company is no longer accepting Bitcoins as payment for digital content. Microsoft has now apologized and said that the message is a false one.

Internet March 15, 2016

Hackers Hold Hollywood Hospital’s Computer System Hostage, Demand $3.6 Million As Patients Transferred

Hackers set their sights on the Hollywood Presbyterian Medical Center, demanding 9,000 Bitcoin, which roughly amounts to $3.6 million. The Southern California hospital is one of the most recent victims of ransomware.

Internet February 16, 2016

Bitcoin Developer Mike Hearn Calls Digital Currency A Failure: Is Bitcoin Really Dead?

Major Bitcoin developer Mike Hearn has published a highly controversial post on Medium saying that the currency is finally dead. Just how dead is it?

Money January 15, 2016

Mike Tyson And Bitcoin Direct Launch Bitcoin Mobile Wallet

Mike Tyson and Bitcoin Direct have announced a new digital wallet for Bitcoin, which will work through the Gildera exchange, be available for both iOS and Android and will hopefully help convert people to using Bitcoin.

Apps/Software January 4, 2016

Australian Police Raid Home Of Reported Bitcoin Creator

Australian Federal Police raided the home and office of a tech businessman for a tax investigation hours after publications suggested he could be the bitcoin founder known by the pseudonym of Satoshi Nakamoto.

Legal December 9, 2015

Australian Police Raid Home Of Purported Bitcoin Creator

The Australian Federal Police raided the Sydney home of Craig Steven Wright, the person who is believed to be the creator of bitcoin. Based on Wired and Gizmodo's findings, Satoshi Nakamoto's real identity is Wright.

Business December 9, 2015

Former US Secret Service Agent Jailed For Bitcoin Theft

Former Secret Service agent Shaun Bridges has been sentenced to almost six years for stealing over $820,000 in the digital currency bitcoin during an investigation.

Legal December 8, 2015

EU Plans Bitcoin Regulations To Counteract Terrorist Funding

After the Nov. 13 terrorist attacks which left 129 dead in Paris, the EU has made a call for proposals that will curb terrorist funding through nontraditional monetary systems - including bitcoin.

Society November 20, 2015

Microsoft Partners With ConsenSys To Launch Bitcoin-Style Platform

Microsoft partners with start-up firm ConsenSys in a move to launch a cloud-based blockchain platform. Dubbed Ethereum, the new platform will work like a huge, decentralized ledger that represents every transaction where bitcoin is used.

Business November 11, 2015

Real Time Analytics