Bitcoin

Price Of Bitcoin Rises 27%, While Price of Bitcoin Cash Triples
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A Bloomberg columnist asks whether this week’s rise in bitcoin’s price is a turning point — or just a “dead cat bounce”? After hitting a year’s low of about $3,143, down about 80 percent from January highs, Bitcoin has risen 27 percent this week. Short-sellers are closing their positions, while fans smell fresh opportunity. Even […]

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French Tobacco Shops Will Sell Bitcoin and Ethereum Starting January 2019
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Tobacco shops are a staple of daily life across France, selling cigarettes, newspapers, magazines, and lottery tickets. Come January, these most traditional of merchants will take a plunge into the future by adding cryptocurrencies to their wares. From a report: The French Federation of Tobacco Vendors (French Confederation Nationale des Buralistes), which represents the 27,000 […]

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Bitcoin value dips in wake of South Korean exchange hack     – CNET
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A South Korean cryptocurrency exchange was hacked on Sunday.

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First Government Office in the US To Accept Bitcoin As Payment
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Long-time Slashdot reader SonicSpike quotes the Orlando Sentinel: If cash, check or credit card seems too old-fashioned, Seminole County, Florida Tax Collector Joel Greenberg said this week his office will begin accepting bitcoin as payment for new IDs, license plates and property taxes starting next month. Greenberg said accepting bitcoin and bitcoin cash as a […]

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Bitcoin heist suspect reportedly walked out of low-security prison, onto flight
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Enlarge / The view taking off from Keflavik International Airport. (credit: Eric Salard / Flickr) One of the suspects arrested in Iceland’s “Big Bitcoin Heist” has reportedly fled the country for Sweden. According to the Associated Press, Sindri Thor Stefansson likely left a “low-security prison” in the southern region of the country on Wednesday. He […]

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Bitcoin thirst spurs Icelandic heist—“Grand theft on a scale unseen before”
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Enlarge / Reykjanes is just southwest of the capital, Reykjavik. (credit: Jennifer Boyer) Eleven people have been arrested in Iceland as a result of what local media are calling the “Big Bitcoin Heist”—600 mining computers were recently stolen from Icelandic data centers in four separate burglaries between December 2017 and January 2018. According to the Associated […]

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50 Cent admits he ‘has never owned, and does not now own’ any bitcoin
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 Reports last month that rapper 50 Cent had forgotten about $7 million or so in bitcoin he owned have been given the lie by the man himself, who declares in court documents that he “has never owned, and does not now own, a bitcoin account or any bitcoin,” nor did any of his companies. Read […]

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Bitcoin Won't Be the Dark Web's Top Cryptocurrency For Long
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Bitcoin has essentially become the poster child for cryptocurrencies, and that’s a problem for cybercriminals dealing on the dark web. From a report: Researchers from Recorded Future, a threat intelligence company, looked through 150 of the dark web’s top marketplaces and forums and found that bitcoin’s boom is driving shady characters away from the cryptocurrency. […]

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Forget $9,000… Bitcoin falls below $7,500 $7,000 [Updated]
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Enlarge (credit: Chris Ratcliffe/Bloomberg via Getty Images) If there were any lingering doubts about whether the Bitcoin bubble was over, those should be gone now. After falling below $9,000 last Thursday for the first time since November, Bitcoin has fallen south of $7,500 as of this writing. Bitcoin was trading at right around $8,250 at […]

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