Bitcoin

Bitcoin

Court: Bitcoin is a Currency, Can Be Regulated by United States

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In the case of a Texas man accused of massive Bitcoin-based fraud, a federal judge has ruled that bitcoins are “a currency or form of money,” and are therefore subject to relevant US laws. The case revolves around Bitcoin Savings and Trust (BTCST), a virtual Bitcoin-based hedge fund that many suspected of being a scam. […]

Amazon Coins

Amazon Launches Amazon Coins, Gives Kindle Fire Users $5 Free

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E-commerce leviathan Amazon is taking a step into social gaming: Amazon Coins, its new virtual currency, is now live in the U.S. To kick it off, Amazon announced that it would put $5 worth of the currency — equivalent to 500 Coins — into all Kindle Fire users’ accounts to use on apps and in-app […]

Bitcoin

Nearly Half of All Bitcoin Exchanges End Up Failing

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Imagine a world where the Nasdaq, the Nikkei and the FTSE all failed within the span of a week and you have an idea how crazy the world of virtual currency trading has become. Wired reports that a new study from computer scientists Tyler Moore of the Southern Methodist University in Dallas and Nicolas Christin […]

Bitcoin

PayPal Interested in BitCoin, Considers Adding it to the Site

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PayPal currently doesn’t have much of a relationship with the virtual currency Bitcoin, but that may soon change. The company’s president David Marcus seems to be very interested in the virtual currency, and says his company is “thinking about” potentially including it one day, according to a Bloomberg video interview published on Wednesday. Bitcoin wasn’t […]

OKCupid

Dating Site OKCupid Now Accepts Bitcoin as Payment

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The world and his brother — well…the media, at least — has gone Bitcoin crazy in recent times, and the latest company to cash in on that attention ride that wave is dating site OKCupid, which is now accepting payments in the digital currency. The newest addition to the growing list of companies to support […]