Day

The Texas Department of Banking has issued a memorandum earlier today, outlining its stance on bitcoin exchange guidelines and other forms of digital currency. The department’s regulatory view of digital currencies is due in part of the Texas Money Services Act. Texas...

Popular Chinese Bitcoin exchange Huobi made an announcement on its website that it will be halting voucher deposit services. This is due to the recent warning that the People’s Bank of China (PBOC) made regarding Bitcoin. The Bank is aiming to further limit Bitcoin businesses in...

How will the IRS ruling of Bitcoin as property rather than a currency, affect the growth, ease of use and adaptation of Bitcoin in the future? On March 25 2014, the Internal Revenue Service (IRS) issued Notice 2014-21, stating the following: “For federal tax purposes,...

Mining for bitcoin at one point in time was very easy and did not require much electricity or that much computer power. As the digital currency is becoming more widespread, mining for the coins is also becoming difficult. Much energy and proficient computers with well-equipped...

New progress for bitcoin is in sight, Joystick Interactive has recently announced that they will begin accepting bitcoin as a payment method for their services. The company is a well-known and high profile advertising organization that works directly with patrons such as Google...

A Seattle businessman has purchased an Andy Warhol-styled work of art and paid for it in bitcoin. Warhol’s piece, titled 200 One Dollar Bills sold for $43.8 million back in 2009 at an auction. 200 Bitcoins The Warhol-inspired work, titled 200 Bitcoins, was created by German...

Prypto Group Limted, and Ireland based company has announced that their public offering of 120,000 shares will be listed on digital currency exchange BitcoinBourse.eu. This will be effective until April 15, 2014. Prypto has chosen BitcoinBourse.eu because of their easy to use...

Bill Downe, the Chief Executive of the Bank of Montreal (BOM) said on April 1st that his bank would be receptive to dealing with bitcoin transactions on the condition that the digital currency becomes more regulated. This is the first major form of approval from any chief of a...

KnCMiner has announced that it is accepting Litecoin payments for their products. It says on the mining hardware company’s website, “We are happy to announce that we now accept Litecoin payments for our products, as well as Bitcoin payments and USD bank transfers.” Good News for...

Johannes Ullrich, an instructor at SANS Technology Institute, made an announcement that hackers had been able to penetrate security cameras, and they used them to mine for Bitcoin. Security Cameras Turned into Bitcoin Miners Ullrich announced on Monday that he found Hikvision...