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Bitcoin
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Remember That Bitcon ATM idea? Here It Is Actually Working [VIDEO]
31 Oct 2013 by Jasmine Stone / No Comments
Remember the story about a bitcoin ATM opening in Canada? Well, they’ve already installed it and its working as we speak. The machine now lives at Waves Coffee House in Vancouver’s downtown area. It uses palm-recognition for users to log in to their accounts, which is pretty nifty – but could get pretty gross pretty quickly.
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The World’s First Bitcoin ATM Is On Its Way [VIDEO]
28 Oct 2013 by Jasmine Stone / No Comments
If you’ve been reading our stories on bitcoins recently you’d be forgiven for thinking that Bitcoin is only used by the most nefarious online criminals, because they are largely untraceable. You’d be partially wrong though, as absolutely anyone can use Bitcoin anywhere in the world. And now, the ever-progressive Canada is launching the very first Bitcoin ATM.
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This Is How People Are Using Bitcoins To Have People Killed
18 Oct 2013 by Jasmine Stone / No Comments
“Hitman Network” is a site that hires out three hitmen who are willing to kill anyone who isn’t under 16 or a major politician (nice morals there – what about a 17 year-old disabled chap, that’s a-okay?). What’s more, these guys won’t do it for real cash. Nah – they want bitcoins.
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Will This Be The World’s Greatest Crime Bust? They’re Arresting Silk Road Users Now
09 Oct 2013 by Jasmine Stone / No Comments
The seizure of the hidden Silk Road website and arrest of the founder and head administrator, Ross Ulbricht may have precipitated the arrest of users of the site in Sweden, Britain, and the USA.
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The FBI Are Trying To Get Silk Road Owner’s $80 Million Worth Of Bitcoins
08 Oct 2013 by Jasmine Stone / No Comments
So the alleged founder of Silk Road, Ross Ulbricht, appeared in court today. If you still don’t know what Silk Road is, here’s everything you need to know. When the FBI shut his site down, they also seized all of its assets – a whole lot of Bitcoins – Bitcoins, which used to belong to the site’s users.
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Your Fantasies Have Come True: Here’s An Erotic Novel About Bitcoins
02 Oct 2013 by Jasmine Stone / No Comments
Ever since Bitcoin hit the big time, disrupting online commerce, and presenting itself as the potential future of currency, you’ve been waiting for one thing, and one thing only: a Bitcoin-themed erotic novel. And baby, it’s so here.
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New York Calls Bitcoin A Wild West For Criminals – Pulls Biggest Players Into Court
13 Aug 2013 by Jasmine Stone / 1 Comment
The state of New York will set the tone for the US government’s official relationship with virtual currency, Bitcoin when the New York State Department of Financial Services meets every major Bitcoin player in court. Shortly after a federal judge recently ruled that Bitcoin is real money, 22 digital-currency companies and investors have been subpoenaed by […]
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American Judge Ruled Bitcoin “Can Be Used As Money” In Bitcoin Ponzi Scheme Case
08 Aug 2013 by Jasmine Stone / No Comments
Civil action case against Trendon Shavers and his company Bitcoin Savings and Trust for running a Ponzi scheme has in an American Judge ruling Bitcoin can be used as real money.
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Thailand Becomes First Country In The World To Declare Bitcoin Illegal
30 Jul 2013 by Jasmine Stone / No Comments
Thailand has the ignomous distinction of being the first country in the world to ban Bitcoin. This, from AP: The company overseeing bitcoins in Thailand said on its website that the central bank informed it on Monday that it’s illegal to trade bitcoins, move them in or out of the country, or use them to […]
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Friday Morning Spice
31 May 2013 by Seth Rotherham / No Comments
Comrades Marathon security beefed up. Microsoft brings back start button. 3 more SARS virus deaths. Elon Musk is tapping Cameron Diaz. The French have finally made a word for French kissing. Bitcoin operator curtails anonymity.
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What Does Liberty Reserve’s Downfall Mean For Bitcoin?
30 May 2013 by Jasmine Stone / 1 Comment
On Tuesday, the Department of Justice shut down online payment system Liberty Reserve. The network was charged with money laundering, with the founder Arthur Budovsky and four others being arrested. This closure has raised the question if Bitcoin will be next, because Bitcoin’s exchange is very similar to that of Liberty Reserve.
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Tech Report – Bitcoin Explained In Under Four Minutes [VIDEO]
09 May 2013 by Jasmine Stone / No Comments
Are you still unsure of how exactly this decentralised currency works, or keen to get in on the action? Then check out this video for a step-by-step process of opening a Bitcoin wallet.
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Meet The People Racing To Build The World’s Best Bitcoin Mining Rig
24 Apr 2013 by Jasmine Stone / 1 Comment
Now that the price roller coaster has ended, and it has been strongly confirmed that Bitcoin is a commodity worth investing in, the race to see who can mine the remaining Bitcoins fastest is on. In a big, big way.
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Tuesday Morning Spice
16 Apr 2013 by Seth Rotherham / No Comments
Obama makes announcement. Gold tanks. China posts disappointing growth figures. SA gives Zim close to R1 billion. Google boss worried about drones. Twitter buys music company. Bitcoin mining bad for environment. Massive Wordpress hack.
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This Cartoon Showing The Difference Between Bitcoin And Other Investments Is Genius
15 Apr 2013 by Jasmine Stone / 1 Comment
You’ll have heard a lot of finance types talking down the usefulness of Bitcoin as a currency, and/or a commodity in the last few weeks. The guys over at the Joy of Tech have nailed the central thesis of why no one’s listening to those Finance types
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Obviously Zuckerberg’s Nemeses, The Winklevoss Twins, Own 1% Of Bitcoin
12 Apr 2013 by Jasmine Stone / No Comments
Identical twins, Tyler and Cameron Winklevoss have amassed the single largest portfolio of online currency over the last six months, and it’s all in Bitcoins. The Winklevii, as they are better known, say they own nearly 1% of all available Bitcoins.
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Wednesday Morning Spice
10 Apr 2013 by Seth Rotherham / No Comments
Schalk Burger ‘stable’ in hospital. Bitcoin clears $200. US student stabbing rampage. J Arthur Brown admits fraud. 14-year-old kid about to play Masters. Pirated porn in the Vatican. Charlize and Seth dating? Rihanna single again. $1billion art donation.
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Everything You Want To Know About BITCOINS – Spending, Buying, Selling
08 Apr 2013 by Seth Rotherham / No Comments
It won’t be long before your mother starts asking questions about Bitcoins – that’s how big this thing has blown up in recent weeks. So best you prepare to answer all her questions, with this handy guide.
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Radical Website Plays Audio For Bitcoin Transactions In Real Time
02 Apr 2013 by Jasmine Stone / No Comments
Virtual currency, Bitcoin is now valued at over $1 billion (R9,25 billion), and unlike traditional currency , you “can download every Bitcoin transcation that’s ever taken place and, more interestingly, tap into those transactions in close to real time.” University student Maximillian Laumeister created the “Listen to Bitcoin” website, which produces a sound for every transaction […]
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Silk Road – The Web’s Online Drug Marketplace Of Choice
25 Mar 2013 by Jasmine Stone / 1 Comment
Of course you can buy drugs online. The Silk Road website is an underground Ebay-esque marketplace that has become the premier destination for buying and selling drugs online – and authorities are powerless to shut it down. The website was founded in February 2011, and recent research has shown that over a six month period […]
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Stripping For Virtual Money – Welcome To The World Of Bitcoin
19 Nov 2012 by Jasmine Stone / 3 Comments
Bitcoin is a fast-growing digital currency that can be used to buy anything from electronics to cupcakes online. What makes it unique is the fact that there is no central issuer. Instead, a peer-to-peer network regulates Bitcoins’ balances, transactions and issuance according to consensus in network software.
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