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AMC theaters will accept cryptocurrencies beyond Bitcoin
AMC theaters will accept more cryptocurrencies than Bitcoin, including Ethereum, Litecoin and Bitcoin Cash.
Jon Fingas09.16.2021
Fake Walmart press release caused litecoin's price to jump 20 percent
Someone falsely claimed the company would start accepting cryptocurrency for payments.
Kris Holt09.13.2021
PayPal brings cryptocurrency trading to the UK
Users in the UK may feel more comfortable buying Bitcoin now that PayPal is offering it.
Daniel Cooper08.23.2021
Venmo credit card users can turn their cash back rewards into cryptocurrency
Most credit cards these days offer some kind of reward to users, whether it's a percentage of your spending in cash back, airline miles or some other perk. Venmo launched its own credit card last fall, and while it offers up to three percent cash back, the company is now letting users do something relatively unique with that refund. As of today, Venmo credit card users can automatically get that cash back in cryptocurrency.
Nathan Ingraham08.10.2021
PayPal and Venmo will let you send cryptocurrency to third-party wallets
Until now, users have been limited to buying, selling, holding and checking out with crypto.
Kris Holt05.27.2021
Coinbase now lets US users pay for cryptocurrency through a PayPal account
Starting today, PayPal users in the US can link their accounts to Coinbase to make it easier to buy digital currencies like Bitcoin, Ethereum and Litecoin.
Igor Bonifacic04.29.2021
Venmo built crypto trading into its payments app
PayPal-owned payments company Venmo is rolling out the ability to buy and sell cryptocurrency to users.
Saqib Shah04.20.2021
Coinbase fined $6.5 million over cryptocurrency trading claims
Regulators have fined Coinbase $6.5 million for allegedly misleading cryptocurrency buyers about trading volumes.
Jon Fingas03.21.2021
PayPal now lets all US users buy, sell and hold cryptocurrency
PayPal is bringing its newly-announced support for cryptocurrency to all US accounts.
Karissa Bell11.12.2020
PayPal will soon let US users buy, sell and shop with cryptocurrency
The company plans to bring digital currencies to Venmo next year too.
Kris Holt10.21.2020
HTC's blockchain phone can now be bought with real money
HTC is taking its blockchain phone a little more mainstream. Today, the company has announced that the Exodus 1 can be purchased for 750 US dollars. That's right, traditional money. The kind that can be used in any store across the United States. Until now, the beleaguered phone manufacturer has only accepted Bitcoin (BTC), Ether (ETH) and Litecoin (LTC) as tender. Presumably, that was a choice (and not just a lame marketing stunt) to ensure early adopters were open-minded crypto enthusiasts. In addition to USD, the company is adding the Ethereum-powered Binance Coin (BNB) as a way to acquire the niche handset.
Nick Summers02.26.2019
China busts World Cup gambling ring pulling $1.5 billion in crypto bets
Officials in China have busted a World Cup gambling ring that took in over 10 billion yuan (nearly $1.5 billion) in cryptocurrency bets, reports the South China Morning Post. Six individuals allegedly connected to a dark web-based crime syndicate have been arrested and authorities have seized cryptocurrencies found in their possession worth over 10 million yuan. In a statement, police in the Guangdong province said that gambling platform they ran accepted bitcoin, ethereum and litecoin.
Mallory Locklear07.13.2018
Price manipulation caused Bitcoin's huge 2017 surge, researchers say
Bitcoin soared to enormous heights late last year to over $19,000 for a single digital coin. Researchers now say that the digital currency Tether was used to inflate the value of bitcoin late last year. Indeed, a blockchain analysis showed that a tiny number of Tether-backed transactions caused about half of bitcoin's massive surge in value from March 2017 through March 2018.
Kris Holt06.13.2018
Qarnot’s wall-mounted heater doubles as a crypto-mining rig
As a student, I used to joke that my Xbox 360 doubled as the flat's central heating system. A few hours of Red Dead Redemption and boom, I could slip under the covers and fall asleep without an icy-cold mist forming around my breath. Qarnot, however, isn't joking about its new QC-1 "crypto heater." That's right, the startup is promoting its first crypto-mining rig on the inevitable warmth that its innards will produce. Generating Bitcoin and other "digital gold" requires expensive electricity, so why not save some money by heating your home at the same time? That's the pitch, anyway.
Nick Summers03.09.2018
Japan's cryptocurrency exchanges plan self-regulating committee
Government-registered cryptocurrency exchanges in Japan are setting up a self-regulation body in the region. The move, Reuters reports, is an effort to legitimize and establish trust in the area following the $530 million Coincheck theft in January. There isn't a name for the body yet and similarly, there's no word for when all the paperwork will be finalized. It follows Japan's national oversight of the sector last year, and South Korea's crypto regulation in late January.
Timothy J. Seppala03.02.2018
New UK Visa card lets you spend Bitcoin like normal money
With Bitcoin trading at all time high, investors are working out whether it's best to sit on their stockpile or make the most of it while they can. For those wishing to utilise their investment, opportunities can be limited, with only a small number of big companies currently supporting cryptocurrency transactions. London Block Exchange (LBX) wants to change that. It's launching a new Visa debit card that will let users spend their Bitcoin (and other digital currencies) anywhere across the UK.
Matt Brian11.15.2017
Coinbase unlocks instant cryptocurrency purchases
Want your bitcoin purchases in a hurry? That's doable now that Coinbase has opened up instant purchases for cryptocurrency. Whether you're a fan of ethereum, litecoin or plain old bitcoin, you're covered here. Previously you'd have to wait a few days between the initial purchase and actually being able to spend it. Coinbase says that you can buy up to $25,000 and gain access to it immediately. The functionality is available to "many" customers stateside right now and it will roll out to more people soon. Seeing that this deals with ethereum, if you've been waiting to pick up Ghostface's cyrptocurrency now you can do that with a quickness.
Timothy J. Seppala10.13.2017
Bitcoin is worth more than ever, but it's losing clout
To say that Bitcoin has had a roller coaster ride would be an understatement. Between regulatory hurdles, heists and its all-too-common use in online crime, it's sometimes a surprise the cryptocurrency has survived. However, it's faring well -- so well, in fact, that the value of a coin just topped $2,000 US for the first time. While it's mostly a symbolic milestone, it reflects confidence stemming from regulation (particularly in big Bitcoin markets like China and Japan) and a rapid rise that saw its value soar hundreds of dollars in a matter of weeks.
Jon Fingas05.22.2017
Bitcoin and other cryptocurrencies compromised by Pony botnet
It looks like the Pony botnet that stole two million passwords in December has an even more egregious sibling galloping around. According to security firm Trustwave, this more advanced botnet has compromised 700,000 various online accounts up to date (it's been active since September), including 85 Bitcoin and other cryptocurrency wallets mostly from Europe. In the months since the equine-loving hackers got the wallets' private keys, a total of $220,000 have been transferred into and out of the accounts. Because anyone can take over a wallet with the appropriate private key (and cryptocurrencies' transactions go through anonymously), it's unclear whether that much money was actually stolen. Some of those transactions could very well be performed by the original owners themselves. Still, add this incident on top of the $1.2 million Input.io Bitcoin heist in 2013, and it's clear users need to start using (strong) transaction passwords and store their wallets offline. Those who've sadly been negligent in the security department can use Trustwave's Bitcoin tool to check if they own one of the 85 accounts. Considering popular Bitcoin exchange website Mt. Gox just went dark, as well, we hope nobody's retirement funds got wiped out.
Mariella Moon02.25.2014