Home / Tag Archives: Bitcoin

Tag Archives: Bitcoin

Bitcoin surpasses $15,000 value

Earlier this week, we saw Bitcoin managing to hit the $10,000 value landmark. In the days following, it has shot up well past that number, with the cryptocurrency now sitting at $15,000 in value per coin. Bitcoin crossed the $15,000 mark for the first time earlier today, marking another major …

Read More »

Steam will no longer take Bitcoin as a form of payment

Due to the fanfare surrounding digital currencies last year, Steam began accepting Bitcoin as an official method of payment for its games and services. Since then, the Bitcoin network has been charging more for transaction fees despite rapid changes in its valuation, causing Valve’s gaming platform to drop the method …

Read More »

MegaUpload 2 won’t even host files itself

Since the original MegaUpload was shut down by authorities in 2012 and its many assets seized, original founder Kim Dotcom has been trying to develop a new file locker which cannot fall foul to old pitfalls. He’s not quite managed it yet, but MegaUpload 2.0 might make it a reality, …

Read More »

Bitcoin value falls after $77 million exchange hack

spending-bitcoins-e1470234799161.jpg

Bitcoin value has plummeted once again after $77 million worth of the digital currency was stolen during a hack on the Hong-Kong based exchange, Bitfinex. The security breach was discovered on Tuesday, all transactions have been suspended and an investigation is under way. In an update on the exchange website, …

Read More »

Bitcoin and Ether up as Pound tanks following Brexit

Today is a crazy day, with everyone scrambling to make sense of what is a momentous event that will have ramifications for years and decades to come. In the short term though, as panic sets in and speculation runs wild, the British pound’s value has dropped significantly and digital currencies …

Read More »

Australian man claims he is Satoshi Nakamoto, bitcoin creator

The real identity behind Satoshi Nakamoto, the pseudonym said to be the creator of the bitcoin digital currency, has been a mystery for years. Several individuals have been connected with the identity, but though there was some evidence, nothing ever stuck. Now though, Australian Craig Wright has come forward with …

Read More »

You can now buy games on Steam using Bitcoin

While the fanfare surrounding digital currencies like Bitcoin seems to have settled down a bit over the last year, plenty of people still have some left over to use and now, you can use your Bitcoins on Steam. We first heard that Valve may roll out Bitcoin payments on the Steam …

Read More »

LA hospital pays Bitcoin ransom to hackers

Recently, a hospital in LA was hacked, with the attackers locking up work systems and likely getting away with private information regarding patients. Now in an effort to try and protect their privacy, the hospital has given in to a $17,000 Bitcoin demand in hopes that the attackers won’t do anything …

Read More »

Ross Ulbricht appeal kicks off with attack on corrupt feds

Convicted Silk Road founder Ross Ulbricht has served a year of his double-life sentence without parole, but is now getting the chance to appeal his original conviction. The first step on that road is a big one too, as his legal team submitted a 140+ page document requesting the original trial …

Read More »

Bitcoin pricing reacts to rumors of supposed creator’s reveal

The last few days have been quite tumultuous for the digital currency known as Bitcoin. Although it regularly experiences violent up and downswings in value, it’s taken a jump of 20 per cent, following the rumored revelation that Australian Craig Wright is the currency’s inventor, known as Satoshi Nakamoto. Bitcoin …

Read More »

Silk Road investigating agent given 71 months in jail

As much as the judge may have thrown the book at accused Silk Road founder Ross Ulbricht, handing him a life-sentence for running the dark-net marketplace, some would argue that the corrupt secret service agents working the case deserve worse. The second of them has now been sentenced however and has been …

Read More »

Bitcoin pyramid scheme fuels 24 hour boom and bust

Since its peak a couple of years ago, the price of Bitcoin has jumped around within a relatively confined range of values, often settling between two and three hundred dollars. However in the past 48 hours, it’s value has exploded, doubling almost overnight before starting to crash down again. This stupendous …

Read More »

UK tech retailers suffering from a series of DDOS attacks

Over the last 24 hours it would seem that several prominent UK tech retailers have been targeted by DDOS attacks, which may also turn out to be linked to a group demanding large Bitcoin ransoms. Affected sites include Overclockers UK, Novatech, SCAN and Aria. All of these websites have been …

Read More »

Mt Gox CEO charged with embezzling bitcoins

The former CEO of Mt Gox, Mark Karpelès has been officially charged with embezzlement by Japanese prosecutors. The former head of the Mt Gox Bitcoin exchange is said to have embezzled ¥321 million or £1.7 million. The exchange itself fell apart in 2014 after hundreds of thousands of Bitcoins disappeared …

Read More »

Silk Road investigating officer pleads guilty to Bitcoin theft

One of the two agents accused of siphoning off Bitcoins during the investigation of the Silk Road dark-net marketplace, has pleaded guilty. Ex-Secret Service agent Shaun Bridges, 33, appeared in federal court and admitted to money laundering and obstruction of justice, having secretly moved over $800,000 worth of the digital …

Read More »