Any new and disruptive technology has its share of detractors who do their utmost to imbue the perceived threat with negative connotations. This has been happening for eons, and will continue until the end of time. The idea that people would need their…
National Australia Bank is severing ties to digital currencies, saying they’re too risky. NAB has sent letters to business customers who primarily trade in bitcoin and similar crypto currencies, informing them that their accounts will be closed on…
More than a day after bitcoin wallet provider Blockchain.info first indicated it was experiencing a severe outage, its services have been fully restored, a company blog post has revealed. Issues began with Blockchain noting that it had suspended SharedCoin…
Big bitcoin backers the Winklevoss brothers said Wednesday they had used the virtual currency to buy tickets into space on Richard Branson's Virgin Galactic aircraft. Brushing off a rise in doubts over the viability of the crypto-currency, the tycoon…
Early Bitcoin investors Cameron and Tyler Winklevoss have created their own index of the virtual currency, as they gear up to launch the first publicly traded US Bitcoin fund. Announced in a regulatory filing Wednesday, The Winklevoss Index -- Winkdex…
Mutant transaction attacks trigger trading halts at major exchanges. Also, new bitcoin-seeking Trojan targets Mac users. The world's biggest bitcoin exchange Tuesday ceased offering withdrawals after it was subjected to what site administrators said…
By Michael Carney On December 19, 2013 A series of anti-bitcoin actions by the People’s Bank of China (PBOC) over the past two weeks sent bitcoin’s price on a wild ride over the last 48 hours. It reached a 30-day-low of $422 yesterday, down 43 percent…
By Michael Carney On December 16, 2013Bitcoin may be making a few people wealthy, but it’s killing us all. The crypto-currency that’s caught the world by storm has a dark side: its carbon footprint. At today’s value of roughly $1,000 per bitcoin…
