Bitcoin

Bitcoin
Bitcoin is a decentralized digital currency that can be exchanged directly from peer to peer. Unlike modern fiat money, Bitcoin, which has often been called 'cash for the Internet,' is not printed like dollars or other fiat currency and it is not controlled, backed or distributed by any bank or central government authority. An estimated 11 million bitcoins are in circulation today, though only 21 million bitcoins can ever be created.
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News and Articles About Bitcoin

Operator of Bitcoin Stock Exchange Penalized By the SEC
Bitcoin

Operator of Bitcoin Stock Exchange Penalized By the SEC

U.S. securities regulators on Monday ordered the operator of two exchanges to resolve claims that he failed to register them.
Australia Probes Bitcoin Crime Links as Currency Craves Legitimacy
Bitcoin news

Australia Probes Bitcoin Crime Links as Currency Craves Legitimacy

A top law enforcement agency is investigating bitcoin's role in organized crime as politicians and financial regulators embrace the digital currency as a legitimate part of modern business.
How Bitcoin Could Make Voter Fraud and Stolen Elections Impossible
Bitcoin

How Bitcoin Could Make Voter Fraud and Stolen Elections Impossible

The same technology that makes Bitcoin an alternative currency could be adapted to make elections impervious to cheating at a fraction of the current cost.
Matt Odell
Where to Stash That Cryptocash? This Man Put It Under His Skin.
Next Big Thing

Where to Stash That Cryptocash? This Man Put It Under His Skin.

Martijn Wismeijer keeps his Bitcoin handy -- right between his thumb and index finger.
Kim Lachance Shandrow
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U.S. Charges Texas Man With Running Bitcoin Ponzi Scheme
Bitcoin

U.S. Charges Texas Man With Running Bitcoin Ponzi Scheme

The man allegedly gained control of as much as 7 percent of the bitcoin market by promising investors up to 7 percent weekly interest.
NY Considering Bitcoin Licenses for Small Businesses, Startups
Next Big Thing

NY Considering Bitcoin Licenses for Small Businesses, Startups

The 'Transitional BitLicense' would let certain virtual currency companies operate within a lighter regulatory framework.
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Hundreds of Alleged Dropbox Passwords Leaked
Security

Hundreds of Alleged Dropbox Passwords Leaked

A member of an anonymous information-sharing website claims to have hacked close to 7 million accounts.
Business Is Eager to Embrace Bitcoin But Regulators Are Not
Bitcoin

Business Is Eager to Embrace Bitcoin But Regulators Are Not

Retailers worldwide increasingly see Bitcoin as just another payment method but governments are suspicious it is a rival to currency.
Matt Odell
Is This the Next Bitcoin?
Next Big Thing

Is This the Next Bitcoin?

There's a new digital monetary system in town.
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Blockchain Raises $30 Million in Biggest-Ever Funding Round for a Bitcoin Company
Bitcoin

Blockchain Raises $30 Million in Biggest-Ever Funding Round for a Bitcoin Company

The world's largest Bitcoin wallet service just sealed a record venture capital deal. Backers include none other than billionaire Richard Branson.
Kim Lachance Shandrow
Accepting Bitcoin Payments Increasingly Looks Like Smart Business
Bitcoin

Accepting Bitcoin Payments Increasingly Looks Like Smart Business

The novel new form of payment has advantages for businesses over credit cards for ordinary transactions.
Matt Odell
Bill Gates: Bitcoin Is 'Better Than Currency'
Bitcoin

Bill Gates: Bitcoin Is 'Better Than Currency'

That's right. America's richest man believes Bitcoin is a promising payments solution. Why? Because it's 'cheap.' However, his outlook isn't as bright on the anonymity aspect.
Kim Lachance Shandrow
What Do Snoop Dogg, Marc Andreessen and Peter Thiel Have in Common? Reddit, Y'all.
Funding

What Do Snoop Dogg, Marc Andreessen and Peter Thiel Have in Common? Reddit, Y'all.

With so much drama in the LBC, somehow, someway, Snoop still keeps coming up with funky-ass investments like every single day.
Kim Lachance Shandrow