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Is Bitcoin money or just technology?

April 8, 2014 - 8:00 am in News

Bitcoin is not money, the deputy director of the Dutch Payments Association has declared. Comparing the digital currency to tulip bulbs, which famously rocketed in price during the ‘Tulip Mania’ bubble of the early 1600s, Gijs Boudewijn dismissed suggestions…


Bitstamp renews withdrawals

February 25, 2014 - 3:34 pm in News

Bitstamp is in the process of restoring full services to all accounts following an issue that prompted the bitcoin exchange to disable withdrawals to…


WARNING! Pony Trojan is stealing from wallets

February 25, 2014 - 3:29 pm in News

A trojan named “Pony” has been blamed for stealing more than $220,000 worth of cryptocurrencies from users’ online wallets. Many of those users…


Harvard University students are mining Dogecoins

February 25, 2014 - 3:26 pm in News

Supercomputers are pretty amazing. They’re mostly used for research since they specialise in processing, analysing, and doing computations on ridiculous amounts of data at high speeds. Supercomputer simulations have been used to understand earthquakes, model…

Tibanne CEO Mark Karpeles At Mt.Gox Bitcoin Exchange And Bitcoin Images

Mt. Gox just lost 744,400 BTC!

February 25, 2014 - 3:21 pm in News

A document has surfaced suggesting that troubled Japan-based bitcoin exchange Mt. Gox will close for one month as part of a four-step rebranding plan, and that CEO and former Bitcoin Foundation board member Mark Karpeles will step down from his executive position…


AMD declares price jump in graphics card because of mining

February 25, 2014 - 3:16 pm in News

If you search for “R9 290X” right now on Froogle, the online shopping portion of Google’s search engine, you’ll likely find that graphics cards based on the GPU found in AMD’s Radeon R9 290X graphics card are being sold for over $700 despite the…