The company has developed a sophisticated payment platform, offering instant payment services towards its customers. While having also developed partnerships with many international banks, BTCGaw is able to provide online automatic and ...
Tags: alternative currency markets, system, Lights
A US financial regulator warned consumers Tuesday that using the online currency Bitcoin is fraught with risks including theft by hacking and fraud. The Financial Industry Regulatory Authority issued the general warning amid a spate of ...
Tags: Bitcoin, US Regulator
Bitcoin exchange MtGox faced massive hacker offensives last month, coming under some 150,000 DDoS attacks per second for several days ahead of its spectacular failure, a report said Sunday. The Tokyo-based exchange, which filed for ...
Tags: Bitcoin, Consumer Electronics
Secretive Bitcoin creator Satoshi Nakamoto is a 64-year-old man living near Los Angeles who has declined to talk about his role in the digital currency, according to a report from Newsweek.? Newsweek found Nakamoto, the alleged Bitcoin ...
Tags: Bitcoin, Computer Products
A streetwear clothing store in Bergenfield, N.J., will sell you a camouflage hoodie for about 0.10862 bitcoin. It's received bitcoins for online orders, but so far no one has walked into the Jeffersons storefront and asked to pay with it. ...
Tags: transactions, market niche, form of payment
On Wednesday, Apple removed the Blockchain wallet app, the only remaining app that could be used to make Bitcoin payments on the iOS platform, from its App Store. And Bitcoiners are pissed off. How pissed off? One particular Apple customer ...
Tags: wallet app, monopoly on payments, Bitcoin
After the Chinese government denied bitcoin as legal tender, it is once again feeling the squeeze in India. "There is no underlying or backing of any asset for virtual currencies. As such, their value seems to be a matter of speculation," ...
As Bitcoin's popularity grows, so does talk about its standing as legal tender, but there are lingering issues that need to be sorted out before people start using Bitcoin to buy everyday things, experts said on Monday. Bitcoin has been ...
The price of bitcoins may be soaring, but China isn’t too thrilled with the virtual currency. On Thursday, it moved to regulate use of bitcoins, stating that its financial institutions could not deal in the virtual currency. ...
Tags: bitcoins, usage, investment
Bitcoin scored several big wins this week, including endorsements from U.S. federal officials and Virgin Group founder Richard Branson, signalling its progress toward wider acceptance. Bitcoin has battled concerns about volatility, ...
Tags: Bitcoin, Bit-Part, Gaining Momentum
Technically savvy people may be the coin of the realm at the Bitcoin Foundation these days. The foundation, which handles most of the back-end development work for the digital currency, currently has just two full-time staff members and ...
Tags: Bitcoin Foundation, Staff
Mt. Gox is requiring all users to verify their accounts in order to make non-bitcoin currency deposits and withdrawals, less than a week after U.S. authorities said they shut down online payment processor Liberty Reserve for alleged money ...
Tags: Bitcoin Exchange, Mt.Gox, Liberty Reserve
It appears Canada's anti-money laundering regulator will leave Bitcoin exchanges in the country alone for now. LibertyBit, which exchanges the virtual currency Bitcoin for U.S. and Canadian dollars, has been told it does not have to ...
Tags: Computer Products, software
The Electronic Frontier Foundation has resumed accepting bitcoins donations, saying some of the legal ambiguity around the virtual currency has disappeared. The influential digital watchdog stopped accepting bitcoins two years ago citing ...
Tags: Eff, Bitcoin, Computer Products
The seizure of funds of the largest bitcoin exchange, Mt. Gox, was triggered by an alleged failure of the company to comply with U.S. financial regulations, according to a federal court document. The U.S. District Court in Maryland on ...