Bitcoin Mining utility hidden in Watch Dogs Torrent, The Karma side of the story
Published in Editorials

Whenever a new game hits the streets you can bet there will be a less-than-legal copy either right before, or right after. This was the case with the new game "Watch Dogs. Shortly before the retail release there were multiple copies available from different sources. One of the most popular sources was BitTorrent. Sadly, someone decided to taint that version with a bitcoin mining utility.

Tuesday, 18 March 2014 06:58

Warren Buffett does not like Bitcoin

One of the richest men in the world, big business magnate and the most successful investor of the last century, 83 year old Warren Buffett, spoke to CNBC about the current state of the economy. The conversation touched on the Bitcoin or the great attention that this virtual currency is currently gets.

Bitcoins send the Winklevoss brothers into space
Published in News

Since the end of last year, Virgin Galactic owned by Richard Branson allows payment of its services through the virtual currency Bitcoin. This option was used by Cameron and Tyler Winklevoss, and they paid their trip into space completely in bitcoins, but will have to wait a bit more until commercial flights of this type start to happen.

Since the 18th August of 2008. when the domain was purchased, and after on January 12th 2009. the first recorded transactions between Satoshi and Hal Finney took place, many have wondered who is Satoshi, since he was listed as the person who created a new virtual currency - Bitcoin.

Mt. Gox collapses under investigation in Japan
Published in News

Taro Aso, the Japanese finance minister, said that the local government is still investigating the case of Mt.Gox collapse, the best known Bitcoin exchange office, which was located in Tokyo. As word of possible criminal activity behind this case, it is possible to be a responsible and serious legal consequences.

Charlie Shrem, vice president of Bitcoin Foundation, which is among other things responsible for lobbying in favor of digital currencies, was arrested earlier this week in New York. With him was arrested Robert Faiella, a senior official of the same organization.

After Zynga, Overstock allows Bitcoin payments
Published in News

Shortly after Zynga's publication that they are testing the Bitcoin payments within their online games, news arrived that one more American online store has done the same.

China bans Bitcoin
Published in News
Friday, 06 December 2013 06:34

China bans Bitcoin

Alan Greenspan, former head of the FED, the US Federal Reserve and also the most influential financial institutions, called the recent rapid growth in the value of Bitcoin a speculative bubble. His word in the financial world have very great significance, and the People's Bank of China reacted immediately and banned banks that were carrying out transactions in that virtual currency.

Over $1 million in Bitcoins stolen
Published in News
Monday, 25 November 2013 21:56

Over $1 million in Bitcoins stolen

BIPS, one of Europe's most popular wallet services for virtual currency Bitcoin was the previous day target of extensive DDoS attacks during which 1295 Bitcoin coins  were stolen which amounts to around $1.02 million.

Monday, 29 July 2013 21:21

Bitcoin banned in Thailand


Using known decentralized virtual currency Bitcoin is prohibited until further notice in Thailand. The decision was made by the Central Bank of Thailand, responsible for the regulation of the complete financial market of that Asian country. Following their recommendation for unfinished existing Thai laws on issues of virtual currency and the lack of centralized control, recently they banned trade of Bitcoin coins, buying and selling products in the Bitcoin currency, each sending of Bitcoin coins outside of Thailand and receiving Bitcoin coins from person or institution outside Thailand.