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Tag Archives: Digital Currency

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 …

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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 …

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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 …

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Australian Senate report to declare Bitcoins real money

Buying and selling Bitcoins in Australia should be a little easier going forward, as the government has declared that digital currencies should now be considered as real money, making their taxation far simpler. It will mean more work for exchanges however, which will now need to monitor their services for …

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ZiftrCoin wants to be the first mainstream cryptocurrency

Since Bitcoin began pulling in headlines and investments from all over the world following its meteoric value rise back in 2013, many other digital currencies have launched hoping to become the next standard in decentralised online payment systems. The newest of the bunch is ZiftrCoin, which the developers claim has …

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Bitcoin begins to make a return after crashing

Bitcoin has always been a pretty volatile currency, or commodity – depending on how you look at it. While it remained practically valueless for years, it eventually ended up peaking at over $1,200 per coin in late 2013. Since then it’s crashed and risen several times, for the most part …

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US is selling off Silk Road bitcoins

Back in 2013, the online, tor accessible drug marketplace Silk Road was shut down and its alleged owner, Ross Ulbricht arrested by the FBI and a collection of other policing organisations. On top of that though, the authorities seized around tens of thousands of bitcoins worth many millions of dollars. Yesterday …

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UK government: hey guys, how do you use bitcoin?

The British government has apparently decided that instead of trying to crack down, or sabotage bitcoin’s future, it wants to embrace it and look to emulate some of its successes within the financial industry. To figure out just how to do that, it’s begun asking users of the cryptocurrency to …

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CEX now accepts bitcoin for buys and trade-ins

If you’ve been sitting on a stockpile of the digital currency bitcoin and spent much of the last couple of weeks pulling your hair out as the value plummeted, then at least you can take solace in fact that you now have a new avenue to spend it. CEX, the …

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Bitcoin starts to recover after new bottom reached

Bitcoin has had quite a star studded history of headlines and peaks, though over the past year has found some stability after hitting a new high of over $1,200 per coin back in December last year. Unfortunately for those that invested in large quantities however, its value has tumbled in …

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Retailers ensure bitcoin continues to grow

One of the early problems bitcoin faced, was the usual chicken and egg scenario of anything new and innovative: it’s not going to be used until its accepted, but why would you accept it if no one is using it? In the case of bitcoin, it took a long time …

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Bitcoin should be regulated by EU, claims finance firm

Circle, a bitcoin financing company that provides wallet functions for online use, as well as new tools for utilising the digital currency, has called on the EU to offer regulatory support for bitcoin, suggesting that the continued growth of its acceptance is an indicator that it could very well be the …

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Hackers to release Bitcoin laundering app

Bitcoin has shot up in popularity through recent years, so much so that the idea of digital currency almost seems normal, with many online stores beginning to accept bitcoins as payment. However, this also means that governments around the world are moving to try and regulate the currency and some …

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Japanese authorities to investigate Mt Gox closure

After the strange demise of bitcoin exchange Mt. Gox, Japanese authorities have pledged to investigate what happened to its business and the funds of its customers, many of whom lost hundreds and thousands of pounds worth of the digital currency when first Gox halted all withdrawals and finally shut down …

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Has bitcoin found its cruising speed?

Bitcoin value has always been susceptible to violent jumps and dips in its value, famously crashing from $30 to $3 back in 2012, then shooting up to $200 and then $1200 in 2013. More recently however, with fallout from Mt Gox, one of the world’s longest running exchanges, we’ve seen …

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$12,000 worth of Dogecoin stolen over Christmas

If you’ve been following digital currencies recently then you might have heard of Dogecoin, it started off as a joke currency which takes its name from the ‘doge’ meme but it has started to pick up some steam recently. The currency is only worth a fraction of what Bitcoin is …

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Bitcoin value on way to record breaking – crash imminent?

Bitcoin is anything but a certain investment. Its value has climbed mountains and filled troughs more than most traded commodities over the past year, going from a near freely available curiosity for the tech savvy, to the £100 plus per-coin, digital currency it is today. Since Bitcoin’s first big value …

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