All Posts Tagged Tag: ‘bitcoin’

Rand Paul’s Presidential Campaign Lets You Donate in Bitcoin

Rand Paul is running for President. The junior Senator from Kentucky has announced his run on his personal website, saying, “I am running for president to return our country to the principles of liberty and limited government.” He is expected to make a formal announcement Tuesday afternoon in Louisville. And the Paul campaign is allowing supporters to donate in Bitcoin. …

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Square Register To Accept Bitcoin, Apple Pay [Report]

Square will reportedly enable its register service for businesses to accept more payment types including Bitcoin and Apple Pay. The company made its plans known in Canada this week. Wired reports: He [CEO Jack Dorsey] says that Square is building a register that will allow companies to accept Bitcoin as well as Apple’s new contactless payment system, Apple Pay. “We’re …

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PayPal Announces Support For Bitcoin Processors

PayPal announced that it will now let merchants accept Bitcoin payments by way of processors BitPay, Coinbase, and GoCoin, which it says have taken steps to ensure customer protection. It will enable this via the PayPal Payments Hub in North America. PayPal has not added Bitcoin as a currency in its digital wallet, and it is not processing Bitcoin payments …

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Wikipedia Banks $140,000 in Bitcoin Donations in First Week

The Wikimedia Foundation lives on donations – that’s how you can read the Wikipedia entry on World of Warcraft and not be bombarded with ads for Mountain Dew Code Red. And garnering enough donations to keep afloat hasn’t always been easy for the non-profit – a fact that can be proven by Jimmy Wales pleading face appearing every once in …

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Wikipedia Donations Can Now Be Made in Bitcoin

If you’ve been putting off donating to the Wikimedia Foundation, waiting to do so in a cryptocurrency, today’s the day. The Wikimedia Foundation, which is responsible for the internet’s largest encyclopedia, Wikipedia – as well as Wiktionary and Wikimedia Commons (among others) – has just announced that it now accepts Bitcoin. This is the 13th method of donation now accepted …

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Kanye West Kills ‘Coinye’ Cryptocurrency

The creators of the cryptocurrency known as “Coinye” were officially shut down after receiving 84 court documents describing copyright violations from Kanye West’s legal team. Coinye, originally called “Coinye West”, a scrypt-based cryptocurrency that featured West’s face as its symbol, was set to be released on January 11. Though, on January 6, West’s lawyers sent the creators of Coinye West …

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Iron Age Coins Unearthed in Britain

Over two dozen of rare Roman and Iron Age coins were discovered inside of a cave in Dovedale, Derbyshire, United Kingdom. Four of the coins were initially discovered by a random cave dweller in the Peak district, which lead to a full-scale excavation by archaeologists. In what has been described as an extremely rare occurrence, 26 coins from two civilizations, …

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Bitcoin Bowl Is Here to Confuse the Hell out of Your Dad

On December 26th, 2014, men, women, and children – food drunk from the previous night’s Christmas feast – will gather in the living room to enjoy the world’s first Bitcoin Bowl. Hello pops, you say as your elderly father picks up the telephone. How’s it goin? You watching the Bitcoin Bowl tonight? The what? The Bitcoin Bowl – I hear …

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DISH Will Soon Let You Pay Your TV Bill with Bitcoin

Starting in Q3, DISH customers will have a new way to pay their bills. Satellite television provider DISH Network Corporation has just announced that it will start accepting bitcoin, making it not only the first pay-TV service to do so–but also the largest company to date. “We always want to deliver choice and convenience for our customers and that includes …

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Yelp Lets Businesses Highlight Bitcoin Acceptance

Yelp announced that it is now showing when businesses accept Bitcoin on business pages. This comes as a new attribute in the “More Business Info” section. “We’re constantly thinking about how to make our business attributes more useful for consumers and businesses,” says Justin Overdorrf, business development lead at Yelp. Business owners accepting Bitcoin as a payment option can update …

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China Bitcoin Crackdown Leads To Exchange Shutdown

BTC38, one of China’s biggest bitcoin exchanges, informed its users that 3rd party payment processors would be suspended. The news came following a major crackdown by the People’s Bank of China. China’s major financial institution has previously come out strongly against the bitcoin. As the digital currency gains momentum despite recent controversy, the PBOC has moved more aggressively to weaken …

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IRS: Bitcoins Are Property And Absolutely Taxable

Good news and bad news has just come down the pipe courtesy of the IRS. The good news? Bitcoins have received a huge boost in terms of U.S. government recognition. The bad news? If you were hoping to invest in Bitcoins for the purpose of evading taxation…it’s a no-go. The IRS announced on Tuesday that they will treat the virtual …

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IRS: Bitcoin is Property, Not Legal Tender

Despite the wild swings in the virtual currency markets and the recent scandal involving the Mt. Gox exchange’s loss of $400M, Bitcoin continues to hold some value online. As the most popular virtual currency, Bitcoin is becoming increasingly popular with investors looking for risky, (though potentially lucrative) investments and tech aficionados who want to be in on the ground floor …

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Bitcoin Creator Possibly Found. Anyone Care?

If anyone was anticipating a major furor over the creator of Bitcoins being discovered, they’re no doubt disappointed. As of now a Japanese American known by the alias Satoshi Nakamoto is thought to be the creator of the digital currency. He was reportedly found in Southern California where he presently resides. The man denied any and all involvement with the …

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Winklevoss Twins Use Bitcoins To Go To Space

While others are busily speculating as to whether or not recent scandals, including multi-million dollar theft and even murder, will help spell the end for Bitcoins….these guys just used theirs to buy tickets to space. Clearly the Winklevoss Twins aren’t bothered about the fluctuating value of Bitcoins. The money spent is thought to be a mere drop in the bucket, …

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Winklevoss Twins Are Going to Space Thanks to Bitcoin and Richard Branson

Following in the footsteps of notable names like Lance Bass, Cameron and Tyler Winklevoss are pursuing a trip into space–and they are paying their way with bitcoin. “Cameron and I have decided to use our bitcoin to take the plunge, or rather propulsion, into space. Why? Because Bitcoin and Sir Richard Branson’s Virgin Galactic are two technologies that meaningfully represent …

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Autumn Radtke, CEO Of First Meta Virtual Currency Exchange, Found Dead

Autumn Radtke, the 28-year-old CEO of virtual currency exchange First Meta, has died. According to multiple reports, suicide is suspected, but not confirmed. The Daily Mail cites “police sources” as saying they have “strongly suspected” suicide, and reports that she was discovered in her Singapore apartment on February 28th. Officials are reportedly awaiting toxicology test results to determine the cause …

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Bitcoin Exchange Mt. Gox At Heart Of Criminal Probe

Mt. Gox, the Bitcoin exchange that went dark following a major theft, is now at the heart of a criminal probe. Both Manhattan U.S. Attorney Preet Bharara and the Federal Bureau of Investigation are gathering information to determine what led to the disappearance of 750,000 Bitcoins, valued at as much as $400,000,000. They are also working to determine whether or …

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Bitcoin Exchange Giant Vanishes; Is the End Near?

Bitcoin trader Kolin Burgress is not happy with Mt. Gox. The London-native hopped a plane and headed all the way to Tokyo, Japan to let the Bitcoin exchange giant know how he felt about losing $320,000 worth of the currency. “I may have lost all of my money,” said Burgess. He had been picketing the building since February 14th, demanding …

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Bitcoin Crash: Beginning Of The End?

Even when the value of the bitcoin was going up, soaring to ridiculous heights, there were whispers of doubt. “It’s the 90’s ‘dot.com’ bubble all over again”. Despite the skepticism, speculators looking to get rich quick ignored the warnings, vying to get a hold of as much of the cryptocurrency as possible. One man even took advantage of their real …

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Bing Can Now Tell You How Much Your Bitcoins Are Worth

2013 was the year of cryptocurrency. Bitcoin, dogecoin and others attempted to decentralize the currency system by creating a method of payment that was anonymous and mostly untraceable. As you can imagine, it became very popular. Now, you may be sitting on a pile of bitcoins, but you have no idea how much they’re worth. Sure, you could use any …

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That Yahoo Ad Malware Reportedly Made Bitcoin Slaves Out Of Infected Machines

Yahoo recently confirmed that it was running ads that were spreading malware on some of its sites. Now we learn that said malware was apparently turning infected machines into Bitcoin slaves. The Guardian reports: According to Light Cyber, a security research firm which warned Yahoo of the attacks in late December, one of the malware programs delivered in the attack …

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China Bans Banks From Accepting Bitcoins

For some time now, the digital currency known as “bitcoins” has been ballooning in value thanks to a lot of speculation and the promise that the money will be finite. Currency 101 dictates that the more of something there is, the less value it has, a process known as inflation. This is why it would make sense to barter with …

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Virgin Galactic Accepting Bitcoin for Ticket to Space

CNBC reported on Friday that Sir Richard Branson has permitted his space startup, Virgin Galactic, to accept Bitcoin as fare for a flight to space. Branson made the announcement in a blog post at Virgin. “The virtual currency has really captured the imagination recently as one of the world’s most innovative businesses looking to the future. So we think it …

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The Next Election May Be Funded By Bitcoin

Bitcoin is the currency of the future, or at least that’s what crypt-anarchists and futurist would have you believe. On the other hand, the government seems like it doesn’t know what to do with the digital currency. Well, at least most of the government that is. The Hill reports that the Federal Election Commission has proposed that election campaigns be …

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Defense Distributed Is Now Entering The Bitcoin Game With Dark Wallet

Remember Defense Distributed? They were the guys that made the first 3D printed gun – the Liberator. The goal was to make a gun that couldn’t be controlled by anybody but the people making it. Now the group has teamed up with Unsystem to do the same thing with commerce. Defense Distributed and Unsystem announced this week their intention to …

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Bitcoin Value Drops And Bounces Back

Bitcoin values dropped 20% in just 3 hours after the online drug enterprise, Silk Road was shut down and had its domain seized. Silk Road’s founder, Ross William Ulbricht was arrested on Tuesday and the site was seized by the FBI just hours later. Silk Road used Bitcoin as its only form of currency so it is easy to see …

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“Silk Road”, The Online Black Market Seized by FBI

Are you familiar with the Deep Web and Silk Road? Deep Web is not part of the surface web, which means you cannot access its content through search engines like Google or Yahoo. Therefore, obtaining a URL address from the dark corners of Deep Web is relatively hard to find.  Sites are only accessible by using anonymizing software like the …

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Commodities Dealer Accepting Bitcoin for Gold

The revelations by Edward Snowden about the illegal wiretapping being carried out by the U.S government have made it clear that privacy is becoming a rare commodity. One company is taking that “commodity” notion literally. Agora Commodities is the first gold, silver, platinum, and palladium dealer accepting Bitcoin for bullion. We already know that you can buy Reddit Gold with …

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Julian Assange, Eric Schmidt Discuss Censorship, Bitcoin And The Internet In Recently Published Conversation

It’s been a while since we’ve heard anything about Julian Assange, the WikiLeaks founder that’s still hiding out in the Ecuadorian embassy in London after the UK approved his extradition to Sweden. During that time, he has entertained a number of guests, including Google CEO Eric Schmidt. WikiLeaks shared a verbatim transcript of a five-hour conversation between Google CEO Eric …

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