Tag

Dubai Bitcoin & Pizza For 0.034 BTC, you can have yourself a yummy vegetable slice of pizza in Dubai. The Pizza Guys pizzeria has already had customers buy a slice using bitcoin. The New York style pizzeria is owned by Rami Badawi and Amber Haque, and just celebrated its 1...

At the end of January, the Feds aka the FBI shutdown the infamous black market site known as Silk Road, seizing about 144,336 bitcoins. That happens to be one of the largest collections of the virtual currency in the world! The FBI is currently still in possession of those...

Bloomberg TV Discusses Bitcoin  Former Federal Reserve Bank Examiner Mark Williams, BlockChain chief security officer Andreas Antonopoulos and Bloomberg’s Matt Miller took part in a live discussion on Bloomberg TV. The “Street Smart” program focused on the...

Bitcoin has undergone tremendous hardship throughout the last few days. A software bug has created a crack within the bitcoin walls, allowing attackers to effect the bitcoin ecosystem. Bitcoin prices fell to a low in a span of a week. Both Bitstamp and Mt.Gox were hit with a...

Bitcoin has had perhaps the worst week ever as two major bitcoin exchange institutions were targeted for ‘DoS’ (Denial of Service) by hackers, forcing the exchanges to halt operations. This led to some crude remarks made by John Normand, Managing Director and Head of...

Silk Road administrator “Defcon” has announced that the believed ‘most secure’ website in the world has been compromised. All of the Silk Road 2 bitcoins have been stolen. The amount of stolen bitcoins is said to be 4474.266369160003 BTC, worth roughly...

Due to regulatory uncertainties, most gold dealers will likely avoid accepting digital currency for gold payments, says industry insiders. This comes in contrast after select gold distributors were willingly trading their precious metals for bitcoin not too long ago. In an...

Goodwill shoppers now have the opportunity to shop at thrift stores using their hard earned bitcoins. A group of nonprofit Goodwill shops throughout the US will welcome bitcoin transactions, using San Francisco-based payment terminal Revel Systems Inc. Revel will be adding a...

The entrance of Tel Aviv’s Bitcoin Embassy reads, “Welcome to the new economy”. This is in light of the enthusiasm displayed by the Israeli bitcoin community. Israel Bitcoin Embassy The Israel Bitcoin Embassy opened its doors several months ago to support and...

While more and more business accommodate themselves to accept bitcoin, China remains distant from fully making the the leap to use the digital currency. Before the Chinese government banished bitcoin back in December 2013, China’s involvement with the currency added to...