$100,000 in Bitcoin lost in Cannabis Road hack August 25, 2014 Hackers have made off with $100,000 worth of Bitcoin from Cannabis Road, an online marketplace dedicated to Cannabis products, reports cryptocurrency news site Coindesk. Cannabis Road is now offline, and those trying to get onto the website will be greeted with a message informing visitors about the hack and how the developers intend to proceed. [...]
Britcoin surging: A digital currency that claims to uphold “British morals” August 4, 2014 Another day and another cryptocurrency is surging. However, this crypto is not one that has received the attention of Bitcoin, Darkcoin, Peercoin – and understandably so given its size and age. This month-old crypto is none other than Britcoin, a digital currency that "upholds British morals", according to its creator William Thomas. Quite how a decentralised [...]
Bitcoin now legal alternative to US dollar in California June 30, 2014 The governor of California has signed assembly bill 129, which gives Bitcoin and other digital currencies the status of legal money. Jerry Brown's signature has finally clarified Bitcoin as valid form of payment in the golden state after AB-129 was passed in February by the California Senate Banking and Financial Institutions Committee by a 7-1 [...]
Blockchain breaks new ground with DNA wallet June 27, 2014 The blockchain technology which underpins the network of cryptocurency Bitcoin, is breaking new ground through an Israeli startup called DNA.Bits. DNA.Bits is planning to store genetic and medical data, with genetic information available to researchers. However, privacy will be maintained through the use of private keys to keep a digital DNA Wallet. The new technology [...]
Google Glass hits UK: what to expect June 25, 2014 They’re here! And they makes you look just as daft as we thought they would! Google Glass augmented reality specs – a computer you wear on your face, including a camera and personal organiser – have finally hit shelves in the UK – but only for early-adopting geeks rich enough to fork out a cool £1,000. [...]
Bitcoin banned by Bolivian central bank as a threat to national currency June 20, 2014 Bitcoin is facing another crackdown from government authorities after the El Banco Central de Bolivia banned any currency that is not issued or regulated by the Bolivian government. The list of cryptocurrencies that were mentioned by name in the Bolivian central bank's directive included Bitcoin, Namecoin, Peercoin, Quark, Primecoin and Feathercoin. The announcement was the [...]
Bitcoin and the future of free market money June 19, 2014 The correct government response to the rise of cryptocurrencies should be to allow free competition on a level playing field, according to a new monograph published by the Institute of Economic Affairs (IEA). New Private Monies: A Bit-Part Player? was launched at the IEA's offices in Westminster with a panel discussion in front of a [...]
CryptoLocker, GameOver Zeus and the rest of the malware out to get you June 4, 2014 Welcome to the terrifying world of cyber crime. It’s a constantly evolving and increasingly prevalent threat. This week, the Europol’s European Cyber Crime Centre (EC3) has been tackling the CryptoLocker virus, while the US National Security Agency has been pre-occupied with GameOver Zeus. Generally speaking, viruses are malware programs that replicate and wriggle into programs [...]
Darkcoin: The cryptocurrency putting privacy first | City A.M. May 12, 2014 One of the newest cryptocurrencies has been experiencing a surge in recent days. Created on 18 January 2014, Darkcoin has seen its price jump from $1.65 last Thursday to $2.58 today, while its market capitalisation has boomed from less than $7m to more than $11m. This new cryptocurrency has not been been created to lower [...]
Darkcoin: The cryptocurrency putting privacy first May 12, 2014 One of the newest cryptocurrencies has been experiencing a surge in recent days. Created on 18 January 2014, Darkcoin has seen its price jump from $1.65 last Thursday to $2.58 today, while its market capitalisation has boomed from less than $7m to more than $11m. This new cryptocurrency has not been been created to lower [...]