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
The cyber-extortionists behind the Cryptolocker "ransomware", which encrypts users' files and refuses to decrypt them without payment, have extended their deadline for affect PC users. Cryptolocker uses 256-bit Advanced Encryption ...
Tags: Computer Products, web surcrity
On the surface, Bitcoin seems to be a great way to hide cash. Actually, it's a terrible way to launder money. That's the conclusion of a?new academic study?that analyzed Bitcoin's blockchain, or the public ledger that records bitcoin ...
Tags: Computer Products, software
While Germans can pay each other with Bitcoins, companies need permission from the authorities to use the virtual currency. The German Federal Ministry of Finance said on Monday that Bitcoin is not a full-fledged currency but that it is ...
Tags: Computer Products
A widely used Bitcoin wallet service plans to issue refunds to people who saw their bitcoins stolen as a result of a weakness in its application. Blockchain.info, which has a Web-based service called My Wallet, has also upgraded its ...
Tags: Computer Products, software, Bitcoin Wallet Service, webservice
Google is distributing patches for a cryptography flaw in Android that may affect hundreds of thousands of applications. The patches have been passed to partners belonging to the Open Handset Alliance, a trade group dedicated to ...
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
The founder of Liberty Reserve, an online digital currency and payments system based in Costa Rica, has been arrested and charged with money laundering. Further reading Retailers looking to cut Visa and other 'middlemen' out of the ...
Tags: Payments System, Computer Products, software
Manuel Araoz, a 23-year-old developer in Argentina, has an idea for Bitcoin that doesn't focus on money. Araoz, who works in game development, launched a service this week called Proof of Existence. It's essentially a notary public ...
Tags: Bitcoin Network, Computer Products, Ultrasecure Notary Service
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
With Bitcoin all the rage and startups popping up left and right, it's hard to know who's an expert in the virtual currency and who just has an opinion. Most people would put Jeff Garzik in the former camp. A Bitcoin core developer for ...
Tags: Bitcoin, Jeff Garzik, Computer Products
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 ...
IDG News Service - Bitcoin is growing up. The virtual currency that caught the public's attention last month when its value zoomed briefly past $200 kicked off its first Silicon Valley conference Friday evening and shows no sign of losing ...
Tags: Bitcoin, Silicon Valley
Bitcoin is not going away, the digital currency's developers say, and they're craving more technically savvy people to support its use. "Our bottleneck is not new code, it's code review and testing," said Gavin Andresen , chief scientist ...