Bitcoin

Bitcoin

Sen. Joe Manchin Seeking Complete U.S. Ban on Bitcoin

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A Democratic U.S. senator is asking the federal government to take this remarkable step: completely ban Bitcoin. Sen. Joe Manchin of West Virginia sent a letter today to the Treasury Department, the Federal Reserve, and other regulators characterizing the virtual currency as encouraging “illicit activity” as well as being “highly unstable and disruptive to our […]

Dogecoin

A Man is Trying to Sell His Vacation Home in Dogecoin

The Dogecoin started off as a penniless Internet joke. But Matt Thompson plans on selling his vacation home for this meme-inspired currency. The 27-year-old entrepreneur has been selling games and gadgets over the Internet for years, but nothing as big as his Wisconsin vacation home, which he is offering for 100 million Dogecoins. Dogecoin (pronounced […]

Bitcoin

Bitcoin Exchange Mt. Gox Collapses, Throws the Currency Into Chaos

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The Bitcoin community is on edge as a leaked document shows that the Mt. Gox exchange, a longtime pillar of the virtual currency, is missing hundreds of millions of dollars worth of customer money and is heading for bankruptcy. Meanwhile, the leaders of high profile Bitcoin companies, including Coinbase and Circle, issued a public letter […]

Bitcoin

U.S. Treasury: Bitcoin Miners and Investors Won’t Be Regulated

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Bitcoin miners and investors will not be regulated by the US Treasury. The clarification came in a pair of rulings on Thursday from the Financial Crimes Enforcement Network (FinCEN), a bureau of the US Treasury Department, which said that people who mine virtual currencies for personal use and businesses that buy and sell virtual currencies […]

Sacramento Kings

The Sacramento Kings Now Let You Use Bitcoin to Buy Tickets and Merch

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Another step for Bitcoin entering mainstream commerce and consciousness. The Sacramento Kings basketball team has started to let fans pay for tickets and merchandise using the cryptocurrency — becoming the first professional sports team to hop on the Bitcoin bandwagon. People who visit the Kings’ physical retail store in Sacramento can already go in and […]