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By Nitesh Bualang
In Bitcoin
Apr 1st, 2014
0 Comments
1093 Views
Price of Bitcoin on the rock following IRS’s decision The price of bitcoin has been on a free fall since the IRS announced that it is moving in to tax capital gains made in virtual currency transactions. Through Notice 2012-21, the IRS has resolved to treat Bitcoin (or other virtual currencies) as pr...
By Jessica Geraldo
In Bitcoin
Mar 25th, 2014
0 Comments
1425 Views
Bitcoin ATM makes an appearance in Dubai.There has been a report that 400 cryptocurrency ATM’s arrived in Dubai; these are exciting times for the city if these reports are true. This story has recently broken after the pictures of some ATM’s were posted on a twitter page owned by Sergey Yusupov. He c...
By Jessica Geraldo
In Bitcoin
Mar 25th, 2014
0 Comments
1028 Views
The Bitcoin exchange Vircurex halted withdrawals of certain cryptocurrencies this week. Those currencies affected are BTC, LTC, FTC and TRC. If you have any of these currencies and you wish to withdraw them then for the moment this will not occur. The company was hacked twice in 2013 and the company ...
By Jessica Geraldo
In Bitcoin
Mar 22nd, 2014
0 Comments
1131 Views
Mt. Gox found Bitcoins, according to their website; they have announced that some currency has been found in a wallet that hadn’t been used since 2011. This would be great news if the assumption that this currency belonged to the company and was not customer currency. It would go some way into repayi...
By Jessica Geraldo
In Bitcoin
Mar 21st, 2014
0 Comments
1153 Views
The ill-fated Bitcoin exchange, Mt Gox legal proceedings are underway to trace some of the money that customers lost when the collapse of the company happened. Lawyers are trying to trace any money that the owner, Mark Karpeles, is believed to have stashed away, whether in other companies or accounts...
By Hank Wonety
In Bitcoin
Mar 21st, 2014
0 Comments
1052 Views
Donations sought for Ross Ulbricht, the alleged owner of the infamous Silk Road website. This site has been removed from the internet, as it is believed to have been a front for criminals and drug users to conduct business deals that were illegal. Ross Ulbricht the man Ross Ulbricht has pleaded not g...
By Nitesh Bualang
In Bitcoin
Mar 20th, 2014
0 Comments
900 Views
The largest purchase using Bitcoins has been announced; it is for a managed home with a price tag in excess of $500,000, with the money being paid in Bitcoins. The actual price paid and the new owner of the property has been kept secret, but this is just one item which highlights the fact that [&hell...
By Jessica Geraldo
In Bitcoin
Mar 20th, 2014
0 Comments
1130 Views
History has been made, BAS Nederland accepts Bitcoin, the first energy company in the world that has taken the cryptocurrency step forward. This is great news for those people in the Netherlands, an opportunity to move forward into the cryptocurrency markets. But this is not as surprising as many mig...
By Nitesh Bualang
In Bitcoin
Mar 19th, 2014
0 Comments
1026 Views
Cyprus issues warning to its citizen’s concerning the dangers related to the cryptocurrency markets. This comes after the collapse of the financial situation in Cyprus last year. Many of the citizen’s feel they have no alternative to the financial problems the country is having. Many have little fait...
By Audry Foreman
In Bitcoin
Mar 19th, 2014
0 Comments
1022 Views
Another cryptocurrency exchange has fallen foul to thieves. The CoinEx.pw exchange has been hacked. The official announcement as to the way forward will be released in a few days, but an answer with regard to the problems has been posted on the company’s Twitter page. Speculation had been flying arou...
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