virtual currency

Bitcoin Mining Boom Sputters as Prospectors Face Cash Losses

April 12, 2014
Bitcoin Mining Boom Sputters as Prospectors Face Cash Losses

By Olga Kharif, businessweek.com The bitcoin mining rush is sputtering. Speculators, known as miners, use powerful computers to solve complex software problems and verify transactions […]

The bitcoin mining rush sputters as profitability wanes

April 12, 2014
The bitcoin mining rush sputters as profitability wanes

By Olga Kharif, irishtimes.com The bitcoin mining rush is sputtering. Speculators, known as miners, use powerful computers to solve complex software problems and verify transactions […]

US Congressman to Submit Bitcoin Tax Bill

April 9, 2014
US Congressman to Submit Bitcoin Tax Bill

By Stan Higgins, Coindesk.com US Congressman Steve Stockman of Texas is preparing to introduce a new bill, the ‘Virtual Currency Tax Reform Act’, which, if […]

Bitcoin Shop Appoints New Independent Public Accounting Firm

April 9, 2014
Bitcoin Shop Appoints New Independent Public Accounting Firm

By Ali Najjar, coinreport.net Virtual currency e-commerce marketplace, Bitcoin Shop, has appointed Marcum LLP as its new independent public accounting firm. The appointment will be […]

Bitcoin’s PR Problem; Is Regulation The Way To Restore Confidence?

April 5, 2014
Bitcoin’s PR Problem; Is Regulation The Way To Restore Confidence?

By Teresa Rivas, blogs.barrons.com Bitcoin is in the news again, from the Chicago Sun Times becoming the first major U.S. newspaper to allow subscribers to […]

eBay Adds New ‘Virtual Currency’ Category to US Site

April 5, 2014
eBay Adds New ‘Virtual Currency’ Category to US Site

By Jon Southurst, Coindesk.com eBay’s main US site has introduced a category for ‘Virtual Currency’, with listings for dozens of bitcoin and altcoin-related activities – […]

Bitcoin Shop Inc.’s Share Value Continues to Tumble

April 1, 2014
Bitcoin Shop Inc.’s Share Value Continues to Tumble

marketwatch.com Mar 31, 2014 (ACCESSWIRE via COMTEX) — On Mar 27, Bitcoin Shop Inc. (otcqb:BTCS) stock volume continued to soar, with 1,312,669 shares changing hands, […]

Taxing Bitcoin: IRS remains silent

March 26, 2014
Taxing Bitcoin: IRS remains silent

voiceofrussia.com When Bitcoin first emerged in 2009, it quickly became the currency of choice for illicit, black market dealings that took place in the shadows […]

Exchange Vircurex Freezes Withdrawals, Claims Lack of Reserves

March 24, 2014
Exchange Vircurex Freezes Withdrawals, Claims Lack of Reserves

By Jon Southurst, Coindesk.com Beijing-based virtual currency exchange Vircurex has frozen most of its digital currency withdrawals effective immediately, claiming it no longer has the […]

Bitcoin virtual currency sparks BOT warning

March 20, 2014
Bitcoin virtual currency sparks BOT warning

By The Nation, Nationonmultimedia.com The Bank of Thailand has issued a warning over the digital currency Bitcoin, which cannot be used to repay debts legally […]

Is Bitcoin a Digital Currency or a Virtual One?

March 19, 2014
Is Bitcoin a Digital Currency or a Virtual One?

By Danny Bradbury, Coindesk.com Is bitcoin a virtual currency, a digital currency, or both? And why does it matter? In press reports, it’s often referred […]

Bitcoin, Meet Darwin: Crypto Currency’s Future

March 13, 2014
Bitcoin, Meet Darwin: Crypto Currency’s Future

By Mathew J. Schwartz, informationweek.com First-movers rarely survive, but some experts see a real future for government-issued crypto currency. In five years, might the Bitcoin […]

Beware Bitcoin, warns Washington state financial regulator

March 13, 2014
Beware Bitcoin, warns Washington state financial regulator

By Todd Bishop, geekwire.com Watch out: Bitcoin is volatile, unregulated and you could lose it all! Yes, this warning might seem obvious to anyone savvy […]

Bitcoin: Just add water and stir

March 12, 2014
Bitcoin: Just add water and stir

By Winthrop Quigley, abqjournal.com Bob Dylan put it this way: To live outside the law you must be honest. The appeal of the virtual currency […]

Bitcoin Shop Begins Trading Under the Stock Symbol “BTCS” Effective March 5, 2014

March 5, 2014
Bitcoin Shop Begins Trading Under the Stock Symbol “BTCS” Effective March 5, 2014

By Bitcoin Shop, marketwatch.com SILVER SPRING, MD, Mar 04, 2014 (Marketwired via COMTEX) — Bitcoin Shop, Inc. (otcqb:TUCND), the virtual currency ecommerce marketplace www.bitcoinshop.us , […]

Bitcoin debacle shatters myth of virtual money

March 5, 2014
Bitcoin debacle shatters myth of virtual money

By Peter Morici, foxnews.com Bitcoin believers were shaken to their digital souls when Mt. Gox, the world’s largest exchange, defaulted on $470 million worth of […]

The Bitcoin myth [Commentary]

March 5, 2014
The Bitcoin myth [Commentary]

By Peter Morici, baltimoresun.com Bitcoin believers were shaken to their digital souls when Mt. Gox, the world’s largest exchange, defaulted on $470 million worth of […]

OK, so what the hell is a Bitcoin?

March 4, 2014
OK, so what the hell is a Bitcoin?

By Peter Moon, afr.com A reader emailed us a very good question this week. Just what exactly is a Bitcoin? The virtual currency that has […]

The Bitcoin blasphemy

March 4, 2014
The Bitcoin blasphemy

By Joe Nocera, rutlandherald.com Whenever I read a story about Bitcoin, the virtual currency that has been so much in the news these days, I […]

Solpower to change its name to Bitcoin Collect as virtual currency and medical marijuana industries show major interest

March 4, 2014
Solpower to change its name to Bitcoin Collect as virtual currency and medical marijuana industries show major interest

By Pete Rizzo, online.wsj.com POMPANO BEACH, Fla., March 3, 2014 /PRNewswire/ — Solpower Corporation (OTCPink:SOCR) today announced that it has filed the appropriate documents with […]

Bitcoin machines open in Singapore, Hong Kong

March 4, 2014
Bitcoin machines open in Singapore, Hong Kong

By Newley Purnell, theaustralian.com.au BITCOIN machines began operating in Singapore and Hong Kong even as the once-dominant Mt.Gox exchange said on Friday it was filing […]

Interpreting the Recent FinCEN Rulings on Virtual Currencies

March 3, 2014
Interpreting the Recent FinCEN Rulings on Virtual Currencies

By Ryan Deming, bitcoinmagazine.com This article is a review of the current FinCEN administrative rulings as they apply to the use of virtual currencies in […]

PayPal washes its hands of bitcoin scam

March 2, 2014
PayPal washes its hands of bitcoin scam

By Rupert Jones, theguardian.com Will Phillips is £5,300 out of pocket after falling victim to a very 21st-century financial scam involving hacked PayPal accounts and […]

Japan exchange collapses leading to Bitcoin investors losing money

March 2, 2014
Japan exchange collapses leading to Bitcoin investors losing money

By PTI, dnaindia.com In a rude jolt to growing virtual currency frenzy in India, bitcoins worth crores of rupees held by some Indians have vanished […]

Bitcoin is not real money

March 2, 2014
Bitcoin is not real money

By Larry Kudlow, dailycaller.com Just before the bankruptcy of the Mt. Gox bitcoin digital-money (or virtual-currency) exchange, Japanese finance minister Taro Aso predicted the inevitable […]