Silk Road 2 administrators have revealed that hackers manipulated computer code and siphoned off £1.6m ($2.7m) worth of Bitcoin. Silk Road 2 appeared after its predecessor, the original Silk Road, was shuttered…
Tag: Bitcoin
Bitstamp suspends Bitcoin withdrawals
Bitstamp has suspended customer withdrawals of Bitcoins from the site to their own wallets. Bitstamp’s action follows a similar suspension imposed by Mt Gox imposed last week. Slovenia-based Bitstamp claimed a denial-of-service…
India questions Bitcoin’s credibility; refrains from pronouncing it illegal
New Reserve Bank of India (RBI) Governor Raghuram Rajan has reiterated the central bank’s concerns over the credibility of virtual currencies like Bitcoin pointing out the ambiguities surrounding Bitcoin’s value. Speaking at…
Mt Gox: Bitcoin ‘transaction malleability’ bug forced us to suspend withdrawals
Mt Gox has revealed in an update on its site that it temporarily suspended Bitcoin withdrawals to address a design issue that inherently affects all transactions where Bitcoins are sent to a…
Bitcoin stealing malware found on Mac OS X
A new malware known to target Apple Mac OS X systems and spy on users’ web traffic in order to steal their bitcoins has been discovered just a couple of days back….
Mt. Gox pauses Bitcoin withdrawals citing technical issues
World’s largest Bitcoin exchange Mt. Gox has temporarily suspended Bitcoin withdrawals with immediate effect citing technical issues. Mt. Gox revealed that a number of customers are facing issues while withdrawing Bitcoins and…
Apple removes ‘Blockchain’ Bitcoin app from App store
Apple has taken off Blockchain, a Bitcoin wallet app for iPhones using which users were able to send and receive Bitcoins, from its App store. The iPad informed Blockchain.info, the developer of…
Microsoft allows Bitcoin trading app on Windows Phone 8
Microsoft has approved an update to Kraken app for Windows Phone 8 that adds Bitcoin trading capabilities to the app making it the first ever app on the platform to have such…
Sweden’s largest Bitcoin exchange Kapiton.se MIA; users complain of missing funds
Scenes at Sweden’s largest Bitcoin exchange Kapiton have been chaotic since November last year and users of the exchange have been filed official police complaints with the police about missing funds. The…
Yahoo’s malware laden ads turned millions of PCs into Bitcoin mining machines
Recent malware laden ads that showed up on Yahoo websites wasn’t just infecting vulnerable systems with Trojans, they were also dropping Bitcoin mining software onto victim systems in a bid to create…
Zynga testing Bitcoin in-app payments
Zynga is also joining the Bitcoin bandwagon and has announced that it is testing Bitcoin based in-app payments for a few of its titles. Zynga has partnered with Bitcoin payment processor BitPay…
Taiwanese regulators issue warning against use of Bitcoin
Financial regulators of multiple countries have handed out warnings against the use of virtual currencies like Bitcoins and the latest to join the list is Taiwan. The country’s Financial Supervisory Commission (FSC)…
FinCEN rules in favour of Bitcoin miners
Financial Crimes Enforcement Network (FinCEN), US has cleared up one issue that pertains to Bitcoin mining by siding Bitcoin miners ruling that those who mine it for their own purpose and not…
Bitcoin operators, exchanges in India suspend operations amid government warning
Bitcoin operators and exchanges in India have suspended operations temporarily after Reserve Bank of India (RBI) issued a circular on Christmas eve cautioning users of the risks involved with virtual currencies like…
Reserve Bank of India cautions users on risks associated with virtual currencies like Bitcoin
Reserve Bank of India (RBI) has cautioned users of virtual currencies like Bitcoin, Litecoin, and Dogecoin on the risks associated with them and that it is looking at the use and trading…