Bitcoin and the Bitcoins Stampede

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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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The world's first bitcoin ATM, complete with a palm scanner. Photo: David Ryder/WIRED > View all Mitchell Demeter (left), co-founder of Bitcoiniacs, watches Paul Baraich unload the world's first bitcoin ATM at a coffeeshop in Vancouver, BC. Photo: David Ryder/WIRED

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Nov. 12 - 13, 2013 San Francisco, CA Tickets On Sale Now The good news is that you can now buy a car with Bitcoin. The bad news is that the only ones available are commercial off-road vehicles built in …

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Dubbed as a high-security bitcoin web wallet and a Bitcoin Foundation silver member, Input.io has been hacked with total of 4100 BTC siphoned off. The secure web wallet has revealed that it is not in a position to pay all ... Read More

The post Secure Bitcoin wallet Inputs.io hacked; unable to pay all user balances appeared first on Techie News.

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If you stop a random stranger on the street and ask that person what a Bitcoin is, you might get a confused stare. Try asking that same question a year from now and maybe every person you ask will say, "It's a digital currency that's decentralized and uses cryptography to use control transactions to prevent double-spending." Or they'll simply...

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An Australian entrepreneur going only by the name TradeFortress responsible for running Bitcoin wallet service Inputs.io claims two hackers recently infiltrated the website and stole roughly 4,100 Bitcoins, or about $1.18 million based on current conversion rates.











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What seems to be a trend now, another online repository and Bitcoin exchange, Bitcash.cz, based out of Czech Republic has been hacked and wallets of as many as 4000 users have been emptied.
The hack attack which allegedly happened on ...

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Apple has removed Coinbase’s iOS app from its App Store without any clarification less than a month after it first appeared.
First reported by Bitcoin Blogger, the Coinbase app delisting was confirmed by developer Craig Hammell later on with a ... Read More

The post Coinbase Bitcoin wallet app delisted from Apple App Store appeared first on Techie News.

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Those looking to generate some extra cash by mining for Bitcoin now have a couple of new hardware options courtesy of ASRock. The motherboard maker has released two new motherboards designed specifically for mining the digital crypto-currency that’s topped tech headlines this year.











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