The price of bitcoin has crashed to below US$290, its lowest since November 2013, and far below its all-time-high of US$1,242 later that same month. For about three hours the price sat below US$300. This…
Efforts to explain Bitcoin and cryptocurrencies in general have generally focused on how they are both a new form of money as well as a challenge to existing forms of money. Cryptocurrencies are novel…
In terms of a life-cycle of technology, it is easy to see Bitcoin as being at the same developmental stage as babies going through the “terrible twos”. All of its technological possibility lies ahead…
Virtual currency Bitcoin is not a subject that ever draws neutral reactions. Against those who see the radical possibilities of a frictionless payment system designed for the internet, there is a growing…
Cryptolocker, a particularly vicious form of malware that first appeared in September 2013, is a game-changer. After getting into your computer, it will encrypt all your data files, from your word documents…
Universities are facing a dilemma now that students have been discovered mining cryptocurrencies using campus facilities. Are these students displaying entrepreneurship or unacceptable behaviour? Harvard…
The recent crash of popular bitcoin exchange MtGox has given some commentators the opportunity to hint at the collapse of bitcoin itself. There are historical comparisons to be drawn here with the 2001…
The Bitcoin craze has hit Iceland, where an entrepreneur has set up his own cryptocurrency and announced plans to give every citizen a handful for free. Baldur Odinsson says he is setting up a new cryptocurrency…
While cryptocurrencies such as Bitcoin are relatively new, there are still opportunities for new players to enter the scene and make good money. You may have seen the launch of Nyancoin, based upon the…
Cumbria University is to allow some students to pay their tuition fees in bitcoin, the digital currency hitherto more associated with drugs and guns. But target students probably don’t already have ready…
The cryptocurrency Bitcoin has been in the news lately with a sudden surge in value followed by a spectacular crash – not to mention the unfortunate tale of US$4 million in Bitcoin on a hard drive…