Crypto exchange company Binance lost more than $40 million worth of bitcoin to hackers in a large-scale security breach, the CEO said on Tuesday. The Binance hack poses a question: is cryptocurrency safe?
Security May 9, 2019
Samsung is planning to add more cryptocurrencies to Samsung Pay. The company hopes to give the mobile payments service a significant boost by integrating digital currencies such as Bitcoin, Ethereum, and Cosmo Coins.
Apps/Software March 11, 2019
QuadrigaCX founder Gerald Cotten has the only access to the cold storage of the cryptocurrency exchange. When he died in December, he took the encrypted access to $190 million worth of cryptocurrency.
Business Tech February 5, 2019
A new attack on a South Korean cryptocurrency exchange caused the value of Bitcoin to drop. Coinrail confirmed that it was hacked but did not specify the exact value of what was stolen.
Business Tech June 14, 2018
Is bitcoin mining worth it? Bitcoin could use up as much energy as Austria by the end of 2018, and the staggering cost of electricity could keep miners from making profits on the digital currency.
Business Tech May 25, 2018
Twitter and Square CEO Jack Dorsey announced his vision of a united internet currency during his visit to the 2018 Consensus blockchain conference. Dorsey revealed that he championed bitcoin as the preferred internet currency.
Internet May 18, 2018
An artist used an algorithm to hide cryptocurrency in every artwork in his new collection, 'New Money.' Everyone can try cracking it, and whoever does so gets to keep the money.
Internet March 24, 2018
NFL player Richard Sherman began receiving Bitcoin through his website early on, making him a pioneer in cryptocurrency. However, he didn't wait until its value skyrocketed to make money.
Celebrities February 28, 2018
50 Cent is in the midst of declaring bakruptcy, so bragging that he forgot about a bitcoin fortune was perhaps not the best idea. He just admitted in court that this fortune he bragged about didn't exist.
Celebrities February 28, 2018
A glitch on a Japanese Bitcoin exchange caused the prices of various cryptocurrencies to drop to zero. Many took advantage of the opportunity to buy millions worth of cryptocurrencies.
Business Tech February 21, 2018
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 February 20, 2018
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 February 20, 2018
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
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
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
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, 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
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
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
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 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 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
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
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
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
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
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 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
Internet September 17, 2017
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
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
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 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
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
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
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
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 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
Members of the bitcoin community accused Wright of hoaxing.
Business Tech May 5, 2016
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 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
The option to buy games using the popular cryptocurrency is coming to Steam.
Video Games April 22, 2016
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