A number of bitcoiners have become rather disenchanted with their web wallets recently, what with a bug in Blockchain.info’s web wallet leading to the theft of around 50 bitcoins. On top of this, Android discovered a flaw that rendered generated bitcoin addresses unsafe.
Bitcoin is the virtual currency that everyone seems to be talking about. It's compelling and growing in popularity, but also highly controversial; Bitcoin has been ruled illegal in Thailand and the US government plans to launch a ...
Banking regulators and U.S. law enforcement officials on Monday will hear from a trade group representing Bitcoin, a sign that Washington is trying harder to understand how to regulate virtual currencies.
Amanda BillyRock joins JJ and Darren in the studio : The United States government is looking for options to regulate bitcoin : Researchers from George Mason University’s Mercatus Center call for a hands off approach to bitcoin : The U.S. government has seized $5 Million from Mt. Gox accounts : Gold tariffs in India cause gold prices to Soar there
Bitcoin has become a hot topic of conversation these days. First introduced in 2009, the alternative currency has rapidly expanded to a market capitalization of over $1 billion.1 The increase in widespread adoption of bitcoin has generated an entire ecosystem of bitcoin miners, investors, companies and users.
SecondMarket’s Bitcoin Education Center is designed to help you learn more about the bitcoin ecosystem: what it is, how it works, and how it is evolving.
Financing novelty projects can be a challenge when it comes to gather supporters, but Bitcoin might be a great help. In these cases, when the projects sound too outrageous for conventional financial investment, cryptocurrency steps in to change the game.
A common fear among bitcoin bears has been that the loosely regulated, somewhat anonymous digital currency would lead to an increase in fraud and other criminal activity. But amid regulators and law enforcement scrambling to prevent bad actors from engaging in money laundering, drug and weapons smuggling, and tax evasion, all under the helpful cover of a nation-less cryptocurrency, comes a report of the most basic of online crimes that has affected products as commonplace as the iPhone.
noun[mass noun]a digital currency in which transactions can be performed without the need for a central bank:bitcoin has become a hot commodity among speculators [count noun] a unit of bitcoin:bitcoins can be used for online transactions between individualsOrigin:
Financial markets, like many interactions in the world, are often self-exciting. Said differently, events within a dataset can actually serve as the impetus for more of the same events to a calculable extent.
ZeroBlock, the first Bitcoin news aggregator, was launched in May and, according to the founders of the service, the Bitcoin community is loving this new service. ZeroBlock is the first cross-platform that shows real time Bitcoin market data and an updated news feed, all in the same place.
As the service keeps growing, it’s now time to get an Android version. Bitcoin Examiner talked with Dan Held, one of ZeroBlock’s founders to know more about the platform and the idea behind it.
Supporters of Bitcoin spent Saturday engaging in personal exchanges in Berlin, taking place in a mobile art space which supports the cryptocurrency. Its official recognition by the German state earlier this month is only aiding its expansion.
If you have been involved in Bitcoin for any significant length of time, you have probably at least heard of the idea of “proof of work”. The basic concept behind proof of work is simple: one party (usually called the prover) presents the result of a computation which is known to be hard to compute, but easy to verify, and by verifying the solution anyone else can be sure that the prover performed a certain amount of computational work to generate the result.
As the world's first decentralized digital currency, Bitcoin has the potential to revolutionize online payments systems in a way that benefits consumers and businesses. Instead of using an intermediary such as PayPal or submitting credit card information to a third party for verification—both of which often include transaction fees and other restrictions—Bitcoin allows individuals to pay each other directly for goods or services.
Federal agencies will attempt to regulate Bitcoin, according to the Mercatus Center's Jerry Brito. Given that regulation simply cannot control the new currency, the question is whether that regulation will foster its growth or relegate it to illicit uses.
The digital currency Bitcoin is one of the hottest things to hit the tech world since the invention of the mobile app. This year, major investors have poured cash into Bitcoin startups, and the mainstream media finally began paying attention.
In order to progress you need fans and users, but the biggest sign of greatness is when you gather some haters. Bitcoin is on a progressive growth and, like all good things, it has acquired a good number of haters along the way. Here are some of the ‘not so happy’ guys – without any kind of order – when the matter is cryptocurrency…
Bitcoin's public ledger makes it pretty tough for big-time criminals to launder money through the network. At least that's what researchers at the University of California and George Mason University found (Sure, you can steal bitcoins.
Just in time for tax season, the Canada Revenue Agency has announced its policy for how you can declare BitCoins on your tax return.
Canada’s Revenue Agency says users of bitcoins are obligated to pay taxes on transactions using the alternative currency, the CBC reported.
The agency told the CBC that two tax rules apply to the digital currency, depending on how it’s used. Barter transaction rules apply to bitcoins used for goods or services, according to the report. Bitcoins bought and sold for speculative purposes are subject to captial gains or income taxes, depending on the specifics of the case, the agency says.
The real-world implications are beginning to be felt, as one realtor in Saskatoon quoted in the story has listed houses priced in bitcoins.
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