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
A Bitcoin trade group met with representatives of several U.S government agencies Monday as regulators debate whether the?on-line?currency should comply with currency rules. Bitcoin critics have raised questions about the ability to ...
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 ...
MasterCard and Visa are now taking action against VPN providers, according to Swedish payment provider Payson. Customers of Payson have apparently received an email stating that VPN services are no longer able to accept Visa or MasterCard ...
Tags: Payment Service, mastercard, visa
IDG News Service - A simple piece of malicious software is circulating that steals Litecoins, a virtual currency based on the Bitcoin system. Security vendor ESET wrote the malware infects Windows computers. The program tries to steal ...
Tags: Computer Products, software, network
The number of malware samples that use P-to-P (peer-to-peer) communications has increased fivefold during the past 12 months, according to researchers from security firm Damballa. The largest contributors to this increase are advanced ...
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
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 ...