Bitcoin and the Bitcoins Stampede

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The Bitcoin — the first decentralized, peer-to-peer digital currency — was introduced on the web in 2009, but interest is bubbling up once again. Building on the idea that money is essentially a medium for translating value, the Bitcoin uses cryptography (or encrypting digital information to ...

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The first time I heard of "Bitcoin", I admit that I found the premise to be a little far-fetched... something that simply wouldn't work. But time and time again, examples creep up that give some credence to the currency, and even today, online vendors have been adding Bitcoin to their lists of accepted payment methods. Most recently, Kim Dotcom's...

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A new piece of malware is floating around, but that seems like par for the course these days. What makes this malicious bit of code notable is the goal its creators have in…

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Skype users beware: Kaspersky has discovered a new trojan that's spreading through Microsoft's chat service. Revealed late last week, the malware campaign is believed to have only began on March 1 but has grown rapidly and the infection is essentially being distributed through crafty spam.






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If you haven’t been paying too much attention to our Bitcoin coverage lately, you’ve been missing out on an emotional, often hilarious roller coaster of monetary value. In a majority of the posts…

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Who could have ever guessed that a digital currency would cause so much commotion, and for so long? Well beyond the "fad" stage is Bitcoin -- a digital currency that suddenly has the investing world's attention, and even high-stakes players are investing in what amounts to nothing in hopes of it paying off. While it's a bit more legitimate...

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Satoshi Nakamoto doesn't exist. Or, at least, if he does, he's one of the rare modern individuals who is practically impossible to locate. Nakamoto is the creator of Bitcoin. Over the years since the virtual currency's inception, there have been several quixotic expeditions to find him...











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For most of its brief existence, Bitcoin has been widely associated with Silk Road—the anonymous cybercurrency, naturally enough, wound up backing transactions on the shadowy online market for drugs, hacking services, and other illegal activities. So it makes sense that the value of Bitcoin would

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Federal authorities said Wednesday that they have arrested a San Francisco man accused of running an online marketplace for illegal drugs and other illicit goods. Users of the Silk Road Web site made purchases using Bitcoin, a digital currency that helped mask their identity. During the past four

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When the FBI arrested Silk Road boss Ross William Ulbricht and took his site down, they seized the site’s assets which were primarily the currency of choice on the anonymous online drug bazaar: Bitcoins. A whole lot of Bitcoins. In the criminal complaint against Ulbricht, the FBI said that the

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The alleged mastermind behind the Silk Road has asked a judge for more time to put together the best possible bail proposal during a recent court appearance. Magistrate Judge Joseph Spero was skeptical about what Ross Ulbricht’s public defender Brandon LeBlanc could put together in that short amount of time...











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Four years ago, Christopher Koch was working on a thesis paper about encryption. His research led him to the budding digital currency known as Bitcoin and on a whim, purchased 5,000 Bitcoins for just $27. He quickly forgot all about his investment until widespread news reports jogged his memory this past April.











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