Tag

A group of researchers at John Hopkins University are building a rival to Bitcoin and other digital currencies. Zerocoin is the name they’ve picked, and unlike other virtual currencies, this one claims to be completely untraceable. Yep, totally anonymous. Critics are saying that...

What are the Advantages and Disadvantages of Bitcoin? After learning about mining, you are probably wondering what the overall advantages and disadvantages of Bitcoin are. There are quite a few advantages that make Bitcoin a one of a kind digital currency that has no likeness. Of...

Meltdown Comics Hollywood-based Meltdown Comics has joined the list of small business accepting bitcoins this past Thursday. Although comic books have been sold online for digital currency before, Meltdown Comics is the first to accept bitcoins at a physical storefront. They took...

Robocoin Ambassador Program Bitcoin ATM manufacturer Robocoin has created a new system which allows fans of digital currency to be heavily involved with spreading bitcoin awareness, as well as making a few extra bucks. The Robocoin Ambassador Program allows participants to earn...

The US government seized over $100 million worth of bitcoins after a crack down of illegal drug sales on the black market. One man affected by the crackdown was Peter Ward. Ward, who describes himself as a “cybertechnohippy”, wants his coins back and is ready to...

 HKCEx Bitcoin Exchange HKCEx is China’s newest bitcoin exchange, and makes claim of being the most secure bitcoin trading platform on the Hong Kong market. The exchange has just secured an investment for $2 million, which is being backed by local financial organizations,...

FinCEN, The United States Financial Crimes Enforcement Network has publicized rulings that clarify where the digital currency space will fall under. The network says that those who are mining for personal gain and companies that buy and sell transferable virtual currency for the...

Bitcoin has the opportunity to go against pre-existing payment processors like Visa, Western Union and Citigroup. So the question is, what is stopping them from doing so? It seems the answer is the lack of support the majority of society has in bitcoin. But is it really...

Chinese Bitcoin Exchange BTC China has once again begun taking in deposits using its corporate bank account, after the Chinese government shut down their operations back in December 2013. CEO of BTC China, Bobby Lee, acknowledged that his customers can purchase bitcoins by...

What is Bitcoin Mining? A government is the one who decides when to print paper money. However, due to the fact that Bitcoin is decentralized, it has a different way of churning coins: mining. There are two main aspects to mining: confirming transactions to the block chain and...