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virtual currency articles
Bitcoin's big mystery: who created the virtual currency system?
- It’s no secret that Bitcoin comes with its fair share of controversy but what most people don’t realize is, it’s also shrouded in a veil of mystery. That’s because, even five years after its launch, nobody knows who came up…
Microsoft to replace Points system with real currency, gift cards
- Microsoft is doing away with the points system used to purchase virtual goods on the Xbox gaming console. In its place, Redmond will adopt a gift card system according to sources familiar with Microsoft’s Xbox plans as first reported by…
Amazon launches its own currency called Amazon Coins
- Amazon has announced that, starting today, users can purchase apps, games and in-app items in the Amazon Appstore and on Kindle Fire using the company's own Amazon Coin currency. To get buyers up and running with the new payment option,…
US Treasury Department issues virtual currency regulations
- The US Treasury Department’s Financial Crimes Enforcement Network (FinCEN) has enforced regulations on firms that issue or exchange virtual currencies like Bitcoin. The guidelines are similar to those in place for traditional money order facilities like Western Union, requiring new…
Dotcom: Mega now accepts Bitcoin, new services & features teased
- Internet entrepreneur Kim Dotcom recently announced via Twitter that the ambitious successor to MegaUpload is now accepting Bitcoin as payment. Members can purchase cloud storage space using the virtual currency through Bitvoucher.
Cybercriminals targeting online gamers, by the thousands
- Phishing sites and emails designed to look like official bank notifications are nothing new, but perhaps you should look closer next time you get a suspecting email for your favorite online game. Kaspersky Labs is reporting that during 2012 they…
BitFloor breached, hacker makes off with $250,000 in BitCoins
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The future of BitFloor, the largest BitCoin exchange in the United States is uncertain after its founder announced yesterday that the company has suspended operations due to hackers compromising its server and making off with 24,000 BitCoins...
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