In the past year, numerous businesses all over the world have entered the bitcoin economy by allowing its customers to pay for the goods or services in the digital currency. This way, they save money on credit and debit card transaction fees and get a little bit of publicity from the … [Read more...]
Idaho Finance Department issues investor alert regarding bitcoin
An influx of investor advisories from states? It appears so after several state departments have issued consumer alerts warning individuals about the risks posed by peer-to-peer decentralized digital currencies like bitcoin. The latest is the Idaho Department of Finance, which … [Read more...]
Study: Majority of Americans did not change passwords amid Heartbleed bug
Businesses and government agencies are still working to contain the immense Heartbleed computer bug, an OpenSSL security flaw that infected computers all over the world. Despite most technology experts and computer firms urging people to change their passwords, there are still a large … [Read more...]
MasterCard’s lobbying focus in Washington will be on bitcoin
In a quarterly federal lobbying disclosure record report, it was discovered that MasterCard would be paying lobbying firm Peck Madigan Jones to focus on peer-to-peer decentralized digital currencies like bitcoin. Five of the firm’s lobbyists will centre on bitcoin and mobile payments … [Read more...]
Bloomberg incorporating bitcoin prices into financial terminals
Bloomberg is planning to incorporate bitcoin prices into its suite of financial data terminals, according to a blog post written by the company on its corporate website. Some experts say that this measure is another step toward complete legitimacy and perhaps even a supposed stamp of … [Read more...]
Bitcoin advocate Stefan Molyneux’s YouTube, Google accounts disabled
Stefan Molyneux is a libertarian commentator who operates Freedomain Radio, a YouTube channel that allows him to pontificate on the matters of political philosophy, history, libertarianism and virtual currencies. He has been a staunch supporter of bitcoin and has recorded numerous … [Read more...]
New Yelp feature helps consumers find businesses that accept bitcoin
Are you interested in doing business with a retailer that accepts bitcoin as a method of payment? Well, instead of doing an extensive web search, visitors can now simply visit Yelp and it will inform them if the merchant does in fact accept bitcoins or not. Yelp officially … [Read more...]
Report says Toyota transferring U.S. sales group to Texas
Is Texas the true "model of success?" Latest potential news could solidify the Lone Star State as the economic hub of the United States. According to Automotive News, unnamed sources close to the situation say that Toyota Motor Sales U.S.A. is transferring its sales and marketing … [Read more...]
Federal Reserve likely to continue QE taper citing improved economy
This week, members of the Federal Open Market Committee (FOMC), including Federal Reserve Chair Janet Yellen, will hold a meeting over its monetary policy initiative. Experts suggest the Fed is signalling that it will continue with further tapering of its monthly bond-buying … [Read more...]
Nevada financial watchdog issues investor guidance on bitcoin, virtual currencies
Over the past several months, federal governments and central banks have issued warnings notifying consumers about the dangers and risks associated with investing in bitcoin. Now it seems there are states that are following the same route and publishing their own cryptocurrency … [Read more...]
Bitcoin cannot be accepted as payment for alcohol in the State of Ohio
In the months and years to come, experts project that state governments would be implementing rules and regulations pertaining to bitcoin. New York is on the verge of installing bitcoin licenses (PDF), while more states have been issuing investor alerts (as we reported Monday … [Read more...]
Federal Reserve data: Americans have more than $850 billion in credit card debt
Despite the total amount of credit card debt decreasing since the Great Recession, Americans are still drowning in it and addicted to credit. According to economic data published by the Federal Reserve, credit card debt totals nearly $850 billion – it dropped by $2.4 billion in … [Read more...]
Hackers mined bitcoins using Iowa State University servers
The IT staff at Iowa State University discovered that its servers had been hacked and compromised the names, birthdates and social security numbers of approximately 30,000 students. Another nearly 20,000 students had their university identifications breached. According to a letter … [Read more...]
Report: Revenue from bitcoin must be declared to French authorities
In most nations to date, governments have announced that bitcoin would be subjected to tax, even though most states have not identified the peer-to-peer decentralized digital currency as a legitimate form of money. The same can be found in France, where the Ministry of Economy and … [Read more...]
Legalized marijuana adding much-needed revenue into state coffers
Green with envy? This past January, the states of Colorado and Washington legalized the sale of marijuana designed for both medicinal and recreational usage. The two states permit licensed shops to sell marijuana to anyone over the age of 21. The change has caused tremendous … [Read more...]
2014 Q1 saw increase in bitcoin wallet attacks: report
In the first three months of 2014, there were numerous reports of various attacks against bitcoin exchanges and digital wallets. A new report has outlined that there has been a significant surge in the number of attacks against bitcoin wallets. Late last year, Kaspersky Lab, a … [Read more...]
FEC (Federal Election Commission) delays vote that would allow bitcoin campaign donations
We reported this week that the Federal Election Commission (FEC) would be reviewing a request made by a political organization that would allow donors to contribute to political campaigns with bitcoin of up to $100. It is now being reported that the FEC has delayed a formal vote on … [Read more...]
Americans not heading to stocks amid low interest rates, Fed stimulus
Finance experts and market analysts are encouraging investors to put their money into the stock market as numerous stocks are hitting record highs. Wall Street is also pleased because the Federal Reserve will likely keep interest rates low for until at least until late 2015 and its … [Read more...]
Danish political party considering internal blockchain voting
The technology of bitcoin has been lauded by both its staunch supporters and avid opponents. One common statement is that the cryptocurrency technology can move far beyond a currency, such as electronic payments systems and now perhaps voting. A Danish website, Version2, is … [Read more...]
FEC (Federal Election Commission) mulling bitcoin donations for political campaigns
Several political incumbents and hopefuls in the United States have already established bitcoin platforms for financial contributions, despite concerns that it might not be fully permitted by the Federal Election Commission (FEC). This could help transform the way campaigns finance … [Read more...]
