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Japan’s involvement with bitcoin has taken a massive blow due to all of the negative press surrounding the Japanese failed bitcoin exchange, Mt. Gox. Since then, warnings of the risks involved with dealing in the digital currency have been spread throughout the world by...

In the latest announcement from KnCMiner, a Bitcoin mining manufacturer, the company has announced the start of its cloud hosted mining program and data center in Sweden. The mining company also announced updates to its upcoming scrypt miner which will allow over three times the...

The United Arab Emirates (UAE) is getting lost in the digital payments shuffle and may be left out, if it doesn’t get on board soon. Fully aware of the fact, they are looking to upgrade payment technologies and fast. UAE Payment Technologies The UAE’s bank is spending...

Mining hardware company, Butterfly Labs (BFL), has been hit with almost 300 complaints via the Federal Trade Commission (FTC) in just 18 months, as per documents received by Ars. The complaints against BFL accuse the firm of fraud and failing to deliver products to customers on...

Amid People’s Bank of China (PBOC) crackdown on Bitcoin, Li Ka-shing, the richest man in Asia, has decided to increase investment in Bitcoin. Through Horizons Ventures, the billionaire has transferred an undisclosed amount of money into Bitpay, a payments processor for virtual...

The First National BNAK of Swiftcoin has created the first brick and mortar currency exchange in Montevideo, Uruguay. Locals can now set up accounts, as well as purchase and sell digital coins like bitcoin and swiftcoin for cash or precious metals. First National BNAK of...

On Tuesday, eBay shareholders asked eBay CEO John Donahoe questions regarding the state of the online retailer at a shareholders meeting in San Jose. Some questions addressed topics such as Amazon, an unpopular seller policy, and bitcoin. eBay CEO The meeting started off with the...

More Than half of all Bitcoin Transactions are from Gambling Sites. But is the Future of Bitcoin a Safe Bet? There are many parallels between the risk of betting on bitcoin as the currency of the future and the risk of placing a bet on the Yankees. For one bitcoin enthusiast...