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The General Warning Amid a Spate of Scandals Involving The Digital Currency
Mar 12, 2014A 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
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Secretive Bitcoin Creator Satoshi Nakamoto Is a 64-Year-Old Man Living Near Los Angeles
Mar 9, 2014Secretive 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
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The Price of Bitcoins Moved to Regulate Use of Bitcoins
Dec 10, 2013The 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
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The Price of a Single Bitcoin Reached US$1,000 Wednesday,Demonstrating a New Level
Nov 29, 2013The 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. ...
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A New Malicious Software Programme Claims to Mine and Steal Bitcoins
Nov 27, 2013A 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 ...
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Bitcoin Scored Several Big Wins This Week
Nov 25, 2013Bitcoin 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
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Bitcoin Seems to Be a Great Way to Hide Cash
Aug 30, 2013On 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
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Bitcoin Wallet Service Plans to Issue Refunds to People
Aug 21, 2013A 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
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Technically Savvy People May Be The Coin of The Realm at The Bitcoin Foundation These Days
Jun 3, 2013Technically 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
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Mt. Gox Is Requiring All Users to Verify Their Accounts
May 31, 2013Mt. 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
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It Appears Canada's Anti-Money Laundering Regulator Will Leave Bitcoin Exchanges
May 24, 2013It 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
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Most People Would Put Jeff Garzik in The Former Camp
May 22, 2013With 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
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The Electronic Frontier Foundation Has Resumed Accepting Bitcoins Donations
May 22, 2013The 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
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The U.S. District Court in Maryland on Tuesday Ordered The Seizure of Mt. Gox's Funds
May 20, 2013The 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 ...
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Washington's Biggest Problem May Just Be That Policymakers on The Hill Don't Know Enough
May 19, 2013Washington's biggest problem when it comes to Bitcoin may just be that policymakers on the Hill don't know enough about it, yet. That was the general consensus of a panel of legal experts speaking Saturday at a Silicon Valley conference ...
Tags: Bitcoin, Washington