After having its fair share of bad press, the virtual currency Bitcoin is finally pulling itself back together. The startup which was initially funded by $106 million from the New York Stock Exchange...
Technology is reshaping every aspect of human life, starting from communication till the purchase of goods. The computer era has introduced electronic money, called the bit coins. And the world’s ten...
If you were one of those who had been questioning the future of Bitcoin in the real world then wait to be surprised (or rather embarrassed), because you are going to be proven wrong. The future of...
NEW YORK (AP) — The Bitcoin digital currency system is in danger of losing its credibility as an independent payment system because of the growing power of a group that runs some of the computers...
Last fall, the FBI took down the world’s biggest online drug bazaar Silk Road, and arrested the man it alleged to be its kingpin, Ross Ulbricht, 30. The feds seized the site’s assets and Ulbricht’s...
Yelp is now listing businesses that accept Bitcoin. Apparently, the popular business review website is acknowledging the potential of the cryptocurrency.Yelp users can now check if a particular...
Two brothers from Pittsburgh, Pennsylvania, Nicholas and Daniel Mross, are the director and star, respectively, of the first Bitcoin documentary to hit the big screen, getting its premiere at the...
Mark Karpeles, the CEO of collapsed Bitcoin exchange Mt Gox, has said via lawyers that he is “not willing” to go to America yet, refusing a US court demand to testify in person over the issue. The...
The bitcoin world, which has never been dull, is getting even more interesting with the growth of multi-signature approaches—called “multisig”—for authorizing transactions. This has the potential to...
A new ruling by the IRS classifies Bitcoin as property that may be taxed. In other words, it is not a legal currency and hence the axe of the taxman is going to fall on Bitcoin users. From now...