Category: News

A New Bitcoin World

Canadian Luxury Home Listed for Sale on Beijing Craigslist for 1,075 Bitcoins

Canadian Luxury Home Listed for Sale on Beijing Craigslist for 1,075 BitcoinsAn eight-bedroom luxury home in Canada has been listed for sale on the Beijing Craigslist website with an asking price of 1,075 bitcoins. Also Read: State-Funded Bitcoin Data Center Infuriates Montana Locals With an Asking Price of Nearly $3 Million USD and Such a Narrow Marketing Strategy, the Listing Immediately Aroused Curiosity Approximately one month

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June 23, 2017 0

18-Year Old Erik Finman Details How Bitcoin Made Him a Millionaire

finmanThis week the 18-year old entrepreneur, Erik Finman, recently did an Ask Me Anything (AMA) on a technology subreddit where he details his experiences investing in bitcoin, which led to him becoming a millionaire by age 18. Also Read: Australian Financial Authorities Look Into Ethereum’s Conflicts of Interest Eighteen-Year-Old Entrepreneur Makes His First Million Investing

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June 23, 2017 0

Netcents and VISA Team up to Offer Bitcoin Purchases via Credit Card

Netcents and VISA Team up to Offer Bitcoin Purchases via Credit CardNetcents and VISA have announced a partnership to facilitate the direct purchase of bitcoins using a credit card. Also Read: Cryptocurrency Hedge Funds Outperform Rivals Netcents Have Announced That They Will Be Partnering With VISA to Allow Customers to Purchase Bitcoin Using a Credit Card Netcents are a wallet service provider and payment processor that

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June 23, 2017 0

South Korean Officials Bash ICO:s and Plan to Approach Bitcoin ‘Cautiously’

officialsOn June 18, government officials from South Korea revealed some opinions concerning cryptocurrency ‘speculation’ taking place in the region. Also read: Korea Steadily Becoming a Cryptocurrency and Fintech Hub  Speculation and Unreasonable Profits South Korean financial regulators and government agencies have been watching and researching the use of digital currencies within the country. According to the

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June 22, 2017 0

Hackers Use NSA Exploit to Mine Monero Using Victims’ Computers

Hackers Use NSA Exploit to Mine Monero Using Victims' ComputersReports have surfaced detailing a malware trojan that uses an NSA hacking tool to infect Windows computers with a cryptocurrency mining bug. The virus identifies available resources on a victim’s PC that can be used to initiate the mining of XMR (Monero). The Trojan Was First Reported by Russian Antivirus Dr.Web Bleeping Computer has reported

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June 22, 2017 0

Singlepoint Acquires Funding to Tackle Cannabusiness Banking Problems With Bitcoin

Singlepoint Acquires Funding to Tackle Cannabusiness Banking Problems With BitcoinUS cannabis merchants could soon have a major new service to accept payments using bitcoin, which would sidestep the federal ban on cannabis businesses using bank accounts. Also read: Washington State Bill to Ban Bitcoin for Pot Fails Funding Acquired Singlepoint Inc. is a publicly traded holding company based in Phoenix, Arizona, that focuses on

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June 21, 2017 0

Bitstamp Initiates Litecoin Trading Function as the Currency’s Price Surges

BitstampEuropean digital currency exchange Bitstamp rolled out Litecoin trading on Monday. The trading function will be accomplished by using trading pairs. It is paired with USD, EUR, and BTC. Now customers are able to effectively trade Litecoin via Bitstamp’s service.  Also read: China Blames Bitcoin Transactions for Leading to More Synthetic Drug Deaths Bitstamp’s official press release

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June 21, 2017 0

State-Funded Bitcoin Data Center Infuriates Montana Locals

State-Funded Bitcoin Data Center Infuriates Montana LocalsCitizens of Bonner have complained to their local council about noise pollution coming from a state-funded data processing center owned by Project Spokane LLC – a blockchain security company. Also Read: State of Montana Funds Bitcoin Mine to Bolster Local Jobs “It’s a Horrendous Noise,” Elaine Nagle Who Lives Near the Site Told Local News

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June 21, 2017 0

Investment Legend Bill Miller Still Bullish on Bitcoin

Investment Legend Bill Miller Is Still Bullish on BitcoinIn a recent interview with CNBC, investment legend Bill Miller described bitcoin as “a true disruptor and true innovation in money”. Also Read: Global Bitcoin ATM Proliferation Nearly Doubled During May Miller Revealed That He and His Son Are Still Highly Bullish on Bitcoin Famed investor Bill Miller discussed his thoughts on bitcoin with CNBC

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June 21, 2017 0

GPU Shortage Intensifies as Cryptocurrency Mining Offers up to Twice the Average Russian Monthly Wage

GPU Shortage Intensifies as Cryptocurrency Mining Offers up to Twice the Average Russian Monthly WageEuropean consumers in general and especially russian consumers have faced massive graphics card shortages following a dramatic increase in demand for cryptocurrency mining hardware. With some miners claiming that they can make up to $1600 USD a month and the average Russian wage sitting at less than $700 USD monthly it is unlikely that demand will

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June 21, 2017 0