With more Bitcoin ATMs becoming available world wide, one of the fastest growing cities in the world and often referred to as the world's most modern city has just gotten a little more modern with a new Bitcoin ATM.Using the KYC (Know-Your-Customer) procedure the ATM makes contact with your mobile phone which you insert into the…
First Overstock and then TigerDirect, more online companies seem to accept Bitcoins as an official payment method and all though there are still many big companies that haven't, streaming website Netflix with over 40 million subscribers is planning on starting accepting Bitcoins as payment method for its monthly subscription fee. You can buy bitcoin with…
With Bitcoins becoming more and more popular and having serious value as more stores start to accept them as a payment method it has become a primary target for hackers, which over the past few months have stolen more then 750,000 Bitcoins from Mt. Gox and even more Bitcoins were stolen if you combine the other online…
A homeless man from Minnesota has been spotted begging people on the street for Bitcoin donations. The man spotted near the University of Minnesota was holding a sign asking people to make a small deposit to his wallet using the virtual currency Bitcoins which with its low transaction costs and speed seems to getting more popular…
The IRS (Internal Revenue Service) officially announced on Tuesday March 25th 2014 that from now on any Bitcoin transaction made should be taxed, if not, taxpayers will be subject to penalty, users must also report any transaction made. While additional taxes are never desirable, an array of useful online tools can be found here. This currently only…
We all farm them but what about creating our own Alternative Coin? The website Coingen allows you to do just this by filling out a simple form.Coingen is still in beta however many users have reported that the service works great, for 0.1BTC you can create your own alternative virtual currency. The website asks for…
A Dutch judge has succeeded in purchasing an illegal fire weapon from the US over the internet using Bitcoins as payment method, this was done as an experiment to see how far it was possible to go with Bitcoins.The experiment was also a way to show how easy it is and dangerous to purchase illegal…
A new app called "EAZE" is now available and lets users pay with Bitcoins using their Google Glass. By using voice and image recognition the user can look at a QR code and nod with their head to confirm a payment, which will be made using Bitcoins.The company claims to be the first mayor payment solution…
A new website called Pock.io now allows you to purchase Gift e-cards using Bitcoins as currency, these e-cards can then be used to purchase online items in the different stores the card is valid. Currently the website offers several of the most popular e-cards among these are the Amazon gift card, iTunes gift card, PSN and…
According to its Treasury Minister, Senator Philip Ozouf a small island in the English Channel called Jersey will become world's first Bitcoin Island. The cryptocurrency was introduced on the island to replace local cash and is mentioned to be used to pay for small things like newspapers, Bus tickets, drinks, etc. but Senator Philip Ozouf…
The Search engine owned by Microsoft called Bing has just added support for Bitcoins to its currency converter which is intergated in to its search engine, the company announces on a blog postBing currently allows you to compare the price of bitcoins to over 50 currencies among those are dollars to pounds, euros to pesos or…
World's biggest Bitcoin exchange Platform called Mt. Gox has been shut down and since there have been absolutely no transactions made from the Address over the past couple of days, we could declare Mt. Gox officially dead as many of us don't expect the service to be around for much more longer. The problems of…