It’s now been over seven months since I’ve been writing about Bitcoin and other digital currencies that exist around the globe. One thing I’ve failed to do for you the readers is… What the heck is Bitcoin anyway?!! Over the next few weeks I will be covering the following things to help bring you into…
Nearly a week ago one of the largest Bitcoin communities “Bitcointalk.org” was taken over by a social engineering attacker. It was found that the ISP hosting their site fell victim to a phishing attack and allowed the phisher access to the website behind the scenes. Hours later after the administrator found out what happened, sent…
Towards the beginning of April, two federal agents were accused of blackmailing defendants in the trial of the underground drug market “Silk Road” and stealing over $1.5 million dollars worth of Bitcoin. This week these two agents were charged. These two agents were charged with money laundering, wire fraud, theft of government property, and a huge…
There is a lot of skepticism that comes by using new technology. How safe, how secure, can it be hacked, what happens if this, etc. A Redditor recently created a post as an example to show how far he’s willing to go to prove that Bitcoin is truly a trusting, legitimate, and secure means of…
Have you ever wondered… How can I make sure that my Bitcoins are safe, even in the event of my death but not giving access to anyone to them BEFORE that happens. Currently, there is not a great way to do this. Here are a few ways to manage this conundrum. “LockTime”. Each transaction done…
ESPN reported on April 1st that the St. Petersburg Bitcoin bowl had reached an agreement with Bitpay to dissolve their contract early and that the Bitcoin bowl was only a one time thing. “The decision to rebrand the event to the St. Petersburg Bowl was a mutual one between both BitPay and ESPN.” Theres no…
A fellow Bitcoin’er is climbing Mt Everest. If he makes it to the top, he has plans of placing a Bitcoin flag on the top. If he succeeds, it will truly be closest that Bitcoin has made it to the moon!! Not that this is a nature preserve type blog but.. There are a lot…
Tmobile Poland announced yesterday that they have begun accepting Bitcoin as a form of payment for pay as you go phones. Why would anyone transfer currency to Bitcoin just to pay a silly bill? How about a 20% discount on your bill?!! Tmobile will not be actually holding any Bitcoins. They are using a third…
TO THE MOOOOONNN!!!!!!!!! That’s what I’m going with. I forgot to post what the price was last week. It was sitting at $237 per coin. Today it has closed at $278. Making all investors happy! This week has been beyond hectic in the Bitcoin world! First up. Today, the US Marshal Service put on it’s…
Welcome back to another installment of BTC Weekly. I apologize for missing last weeks article. I was on vacation shredding deep powder in Colorado and didn’t have a chance to get an article up! So, this weeks will cover quite a bit of information! Googles I/O conference is scheduled for May of this year. It…