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, 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 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
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
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
App developer Ryan Ramminger and Equiliv Investments agreed to settle with the FTC after creating an app that hijacks smartphones to mine cryptocurrencies.
Legal June 30, 2015
When the new indie comedy 'Dope' opens in theaters June 19, it'll set a milestone. You can now buy tickets to see the movie with Bitcoin, the first time a movie studio has allowed such a thing.
Money June 15, 2015
uTorrent is reportedly installing a third-party software used to mine users' extra processing power despite complaints users did not give permission for it to be installed.
Apps/Software March 7, 2015
Bitcoin and other digital currencies have been criticized in some circles for having no regulation and state backing. Now U.S. economists are exploring the idea of a government-backed cryptocurrency.
Money February 23, 2015
If a new bill passes, you will be able to pay any parking fine or court fee using bitcoin, the increasingly popular but infamously volatile digital currency.
Money February 13, 2015
No one argues the validity of the platform beneath bitcoin, but experts are divided on the future of the cryptocurrency. Some are a bit bullish, some bearish and some are staying neutral.
Business Tech January 15, 2015
First it was hit by a hack and then a price point crash. But bitcoin isn't letting either negative keep it from forging forward. While its value and full utility remain hard to define, the young currency still appears capable of achieving long-term success in the mainstream.
Business Tech January 7, 2015
Bitcoin is primed to move into the next stage of its life where it will either mature in the mainstream or tokenize other currencies. From there, its life may be in the hands of the country whose currency currently backs the cryptocurrency.
Business Tech December 26, 2014
The price of Bitcoin has declined by more than 50 percent when it reached sub $300 from the previous $630 mark. Merchants who accept Bitcoin as payment now face the pressure to sell to avoid exposure to its volatility.
Money October 8, 2014
Reddit is thinking about creating a cryptocurrency backed up by Reddit shares. Part of the $50 million funding the company has raised will be given to members of the online community.
Business October 3, 2014
The CFPB released an advisory detailing the risks associated with using virtual currencies such as bitcoins. Hackers, scams and a lack of protection from banks make virtual currencies risky business, the bureau says.
Business Tech August 12, 2014
Researchers from Dell's SecureWorks unit revealed that a hacker gained access to the networks of ISPs to steal bitcoins. The thief was said to have pocketed $83,000 worth of cryptocurrencies.
Business August 9, 2014
Dell is the latest company to support bitcoin, and it is also the largest and most well-known brand to do so. Dell is also giving customers who pay in bitcoins a discount on all Alienware products.
Computers July 22, 2014
Bitcoin is now a legitimate currency in California, where most of the world’s most innovative technology companies are located. One bitcoin = $628.
Business June 30, 2014
After Newsweek published a story saying that it has traced the location of the founder of bitcoin, the alleged creator of the virtual currency has vehemently denied being the man who started it all.
Money March 8, 2014
Mt. Gox, once the biggest bitcoin trading exchange, has declared bankruptcy on Friday. Customers are clueless if they can still recover their money. So are the governments.
Business March 2, 2014
Mt. Gox has filed for bankruptcy and about half a billion worth of bitcoins vanished. It might be too much for the virtual currency. It must be approaching the flat line.
Business March 1, 2014
Amid reports that popular bitcoin trading exchange Mt. Gox has filed for bankruptcy after losing around $480 million, Dell SecureWorks has warned that over 100 families of bitcoin malware are lurking around to steal your cryptocurrency. A U.S. senator has also sent out an appeal to regulators and wants to throw the bitcoin down the well. No wishes included.
Business February 28, 2014