Asicminer, a Hong Kong–based bitcoin mining operation, has taken an unorthodox step to gain an advantage over other computing systems running the algorithms that generate the virtual currency. To save money on energy, Asicminer puts ...
Tags: Cloud Service, Electrical, Electronics
Yahoo, has acknowledged that its service sites were used by hackers to enslave massive numbers of ordinary PCs who did so to generate bitcoins, and by extension, real earnings. Ads were placed on Yahoo web sites that when clicked by users, ...
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," ...
Companies trying to cash in on the newfangled bitcoin craze are having trouble getting old-fashioned bank accounts, The Wall Street Jounal reported. Lenders are leery of dealing with virtual-currency companies because of concerns that the ...
The feared Cryptolocker ransom Trojan has infected at least a quarter of a million PCs worldwide, a success rate probably generating somewhere in the low millions of dollars in ransom payments, a new analysis by Dell SecureWorks has ...
Yesterday, the central bank asked pay agency and other banks can not provide the currency payment and settlement services for bitcoin. This news was confirmed. Market analysts believe that the bitcoin will be out of China market in the ...
The world's first bitcoin ATM has opened in Canada, enabling bitcoin owners to exchange the digital currency for cash, and vice versa, ABC reported. The machine uses a palm scanne to access each bitcoin owner's account. Users who don't ...
Tags: Bitcoin ATM, Service, Bitcoin, Economy
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
A new round of shorting is emerging on China's bitcoin market after the central bank announced last week that the vitrual currency is not legal tender. A platform under Baidu, where users can pay to improve their network speed, has ...
The price of a single bitcoin reached US$1,000 Wednesday, demonstrating a new level of interest for the digital currency that earlier this year was trading for just $30. Bitcoin trading surpassed the $1,000 mark on the Tokyo-based Mt. ...
A new malicious software programme, advertised for sale on underground forums, claims to mine and steal bitcoins, according to a Danish security company. The Atrax malware is notable for its low US$250 price and use of TOR, short for The ...
First, the US had a debate over whether or not to regulate the currency for a long time and didn't give it green light until this Monday. It means the virtual money has taken a big step toward becoming a mainstream currency. Second, ...
Tags: Bitcoins, economy, web service
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 Silk Road online marketplace has resurfaced about a month after U.S. officials shut down the website that was only accessible through the Tor anonymity service. They had arrested Ross William Ulbricht - who was alleged to be the ...
Tags: Silk Road, online marketplace