Tagged with: Bitcoin

Survey: People Don’t Know, Don’t Trust Bitcoin or Google Glass

Survey: People Don’t Know, Don’t Trust Bitcoin or Google Glass

People think Bitcoin is funny money and Google Glass has no specs appeal -- if they even know what these new technologies are. Many people are still unaware of Google's smartglasses or digital currencies, according to new research from the UK, and those that do are worried about the privacy or financial issues of these hot ...

Report: Mt. Gox Likely to Be Liquidated, Rather than Re-Build

Report: Mt. Gox Likely to Be Liquidated, Rather than Re-Build

Mt. Gox, once the world's biggest bitcoin exchange, is likely to be liquidated after a Tokyo court dismissed the company's bid to resuscitate its business, the court-appointed administrator said on Wednesday. CEO Mark Karpeles is also likely to be investigated for liability in the collapse of the Tokyo-based firm, the ...

Shelly Palmer Talks About Heartbleed on Good Day Wake Up

Shelly Palmer Talks About Heartbleed on Good Day Wake Up

Shelly Palmer chats with Juliet Huddy and Ben Simmoneau on Fox 5's Good Day Wake Up about Heartbleed. ...

Amazon Has No Plans to Accept Bitcoin

Amazon Has No Plans to Accept Bitcoin

Like bitcoin? Like Amazon? Want to use bitcoin to buy stuff from Amazon? I have some bad news for you. Not going to happen anytime soon. “Obviously it gets a lot of press and we have considered it,” Amazon payments head Tom Taylor told Re/code in a recent interview, “but we’re not hearing from customers that it’s ...

U.S. Senator Who Wanted to Ban Bitcoin Has Backed Off a Bit

U.S. Senator Who Wanted to Ban Bitcoin Has Backed Off a Bit

A previous outspoken critic of Bitcoin says he's starting to come around on the virtual currency, one month to the day after he called on regulators to ban it. In an interview with the Washington Post, Sen. Joe Manchin (D-W. Va.) said recent moves by the Internal Revenue Service, private Bitcoin entrepreneurs and other ...

IRS Will Tax Bitcoin as Property, Not Currency

IRS Will Tax Bitcoin as Property, Not Currency

The federal government will tax digital money such as Bitcoin like property, not currency, the IRS said Tuesday in its first significant guidance on the virtual coin. Although Bitcoin may operate like coin and paper currency and can be used to pay for goods and services, no country accepts it as "legal tender," the Internal ...

Mt. Gox Finds 200,000 Bitcoins (~$116 Million) in ‘Unused Wallet’

Mt. Gox Finds 200,000 Bitcoins (~$116 Million) in ‘Unused Wallet’

Mt. Gox has discovered 200,000 missing bitcoins in a wallet no longer in use, the troubled Bitcoin exchange announced Thursday, reducing the number of missing bitcoins from 850,000 to 650,000. "We believed there were no bitcoins left in old wallets, but found 199,999.99 bitcoins on March 7," Mt. Gox Chief Executive Officer ...

A Mt. Gox Update Lets Users See Their Bitcoin Balance

A Mt. Gox Update Lets Users See Their Bitcoin Balance

Mt. Gox, the embattled Bitcoin exchange, has updated its Web site to allow its users to see account balances. The Japan-based company opened user accounts for inquiry on Tuesday, but cautioned that the amount of bitcoins they seemingly have would not "constitute a filing of rehabilitation claims." The wording on the Mt. Gox ...

Mt. Gox CEO: We Traded Non-Existant Bitcoins for Two Weeks

Mt. Gox CEO: We Traded Non-Existant Bitcoins for Two Weeks

MtGox continued trading for at least two weeks despite knowing that it did not hold enough bitcoins to return every customer their money, according to a deposition from the CEO of the embattled bitcoin exchange. Mark Karpeles, MtGox’s chief executive, gave the deposition to the Northern District of Texas bankruptcy court ...

Robocoin Plans 10 New Global Locations for its Bitcoin ATM

Robocoin Plans 10 New Global Locations for its Bitcoin ATM

Robocoin, the bi-directional Bitcoin ATM, is ramping up its nascent footprint — with launches planned for 10 more global locations. The company said on Tuesday it will be shipping its first Bitcoin ATMs to two more U.S. locations — Boston and Seattle — and also ramping up globally, with machines heading for Israel, ...