Bitcoin, the world’s most well known cryptocurrency, has begun 2017 by rising above the $1000 mark for the first time in three years. The digital currency also performed better than any state central bank in the world, climbing 125% in 2016! While the currency has been known for its volatility in... Read more

Banking experts are claiming that several high-profile banks have decided it’s cheaper to pay hackers in bitcoin than deal with damaging and embarrassing cyber attacks. According to cybersecurity company Malwarebytes, the City of London is a literal ground zero for ransomware attacks compared to the rest of Europe. The cyber-security... Read more

Bitfinex, the popular online bitcoin storage exchange has told its users that they will all lose 36% of their assets following a cyber-attack. The exchange, based in Hong Kong, said it had lost up to $65m following the successful cyber-attack that occurred last week. News of the hack, and the subsequent... Read more

Or rather, International Business Machines has announced that it will be making a big push to utilise the same blockchain technology that underpins crypto currency BitCoin. In a statement on its website, IBM unleashed a slew of announcements and investments yesterday all centred around the how it will look to... Read more

According to Wired Magazine, Satoshi Nakamoto,  the pseudonym given to the creator of digital currency Bitcoin may be none other than 44 year old Australian cryptoligist Craig Steven Wright. ‘Either Wright invented bitcoin,’ Wired’s report states, ‘Or he’s a brilliant hoaxer who very badly wants us to believe he did.’... Read more

 The inventor of bitcoin, Satoshi Nakamoto, has been nominated for the 2016 Nobel Prize in Economics. Satoshi Nakamoto is the name given to the person who invented the ubiquitous BitCoin currency. Whether individuals and governments see it as the future of some sort of non regulated economic personification of personal freedom, or the grease... Read more

The agent who pleaded guilty in July to stealing $700,000 worth of bitcoin has been jailed for his crimes. US undercover Drug Enforcement Agent, Carl M. Force was handed a prison sentence of 6 and a half years for admitting to charges of money laundering, obstruction of justice, and extortion.... Read more

A recent report by Trusted Reviews has unearthed some upsetting news for users of a torrent management software called uTorrent. According to the report, uTorrent’s most recent update came bundled with another tool called Epic  Scale, and it has been accused of mining Bitcoin in the background, a fact that... Read more

Coinbase, the Bitcoin wallet app is now looking fresh and sleek after the app’s latest redesign. Along with the new design, the app also has a flurry of new and improved updates. This new makeover has come to both iOS and Android and it mostly appears to give users a... Read more

The good ol’ people of New York City want to make it simpler for the users of the fair city to make it even easier to pay for their near 10 million annual parking tickets fines. The city is currently accepting peoples pitches for different payment systems that would make... Read more

A former Bitcoin Foundation board member and CEO of the now-obsolete exchange BitInstant, Charlie Shrem, has been incarcerated for two years in prison for assisting Silk Road users swap cash for digital currency anonymously. As you will probably be aware, The Silk Road, was an online marketplace that was synonymous... Read more

Microsoft is definitely  going through a transformation phase. What, with the latest acquisitions, mobile market changes and Windows developments it looks like the guys over at Redmond have really started to get it together again. So, it comes as no surprise (ok, a little surprise) that the company has jumped... Read more

Despite a bumpy road, Bitcoin is still a big player in the financial world and the third largest PC seller on the planet, Dell, has become the latest in a long line of US retailers to begin accepting Bitcoin as a form of payment online. In recent months many businesses... Read more

Bitcoin has now has a legitamte place on eBay.   The new category for digital items has recently been added to eBay.  This is making some waves because of the trading potential that it will bring to the marketplace.  This new category called ‘Virtual Currency’ will make selling Bitcoins, Dogecoin,... Read more

Following the news that one of the largest Bitcoin exchanges filed for bankruptcy, MtGox released a statement on its website giving more details about what happened. The company had closed down after losing approximately 750,000 bitcoins much to the fury of customers. In the statement the firm  claim that it... Read more

There is a new financial index on the block and it’s called, the Winkdex.  Yes, you’ve guessed it, it comes from the minds of the Winklevoss brothers.  The Winkdex was released publicly Wednesday 19 February and it provides a regularly updated figure for the price of the virtual currency, Bitcoin. ... Read more

Trader in the virtual currency Bitcoin are having a bit of a tough time of things of late. India is the latest in a line of countries becoming increasingly concerned with Bitcoin. After some initial momentum that saw numerous Bitcoin exchanges emerge in India, the Reserve Bank of India has issued a... Read more

The Prosecutor General’s Office in Russia, recently made its stance quite clear on the virtual currency Bitcoin. Any use of Bitcoin will be considered “potentially suspicious,” as the Russian government has linked Bitcoin use to illicit activities. “Systems for anonymous payments and cyber currencies that have gained considerable circulation, including... Read more