The IRS is cracking down on people who didn’t pay taxes on Bitcoin earnings
If you've been trading Bitcoin and haven't been reporting your earnings to the IRS, you might be getting a surprise in your mailbox. The IRS is cracking down on cryptocurrency traders who didn’t report their earnings on their taxes. Around 10,000 people are expected to get letters.
Facebook’s crypto dreams could be crushed as PayPal exits Libra Association
Facebook's chances of launching its own cryptocurrency, Libra, are growing ever slimmer. Visa and Mastercard are reportedly reconsidering involvement following regulatory scrutiny. Yesterday, PayPal put a nail in Libra's coffin by announcing it would no longer be participating in the Libra Association.
Bitcoin has a massive carbon footprint. This clever new cryptocurrency doesn’t
Bitcoin mining is bad for the environment. Researchers from Switzerland’s Ecole Polytechnique Fédérale de Lausanne believe they have come up with a new low-energy approach to current cryptocurrency approaches. Here's what their concept does differently -- and why it matters.
Get paid in cryptocurrency for viewing ads in the new Brave browser
Brave Software officially launched Brave v1.0 on Wednesday. It’s based on Google’s Chromium browser and relies on Basic Attention Tokens (BAT) to generate revenue. Users can earn tokens by viewing ads and use those tokens to tip their favorite websites. 300,000 sites participate in the program.
Microsoft invention could mine cryptocurrency by reading brain waves
An unusual patent from Microsoft describes a way of monitoring people's brain waves as they watch ads, then rewarding them with cryptocurrency.
Litecoin vs. Ethereum
When you pit Litecoin vs. Ethereum, which is the better cryptocurrency? Both have fast block times and low transaction costs, but does one come out victorious?
Ethereum vs. Bitcoin: What’s the difference?
Ethereum vs. Bitcoin: That's the question many are asking themselves when it comes to investing. What's the difference and how do they stack up when compared?
How to buy Ripple
Ripple is an exciting cryptocurrency for buyers, sellers, and traders. In this guide, we break down just how to make your first XRP purchase and keep it safe.
Bitcoin struggles as it tries to change e-currency
The P2P online currency shirks regulation or outside influence, but security woes and an unstable worth are among its current hangups.
Bitcoin developer halted at US Customs for lack of real cash
Bitcoin experiences some growing pains as its underground aura plagues users and anonymous network is called into question.
DT Debates: Is it time to cut out cash and cards and go all in on digital dollars?
In this week's edition of DT Debates, we discuss whether or not it's time to get rid of physical currency and get on board with all-electronic money system.
Bitcoin prices plummeting, costs more to mine the digital currency
While Bitcoin users continue to build advanced computer rigs to mine for the digital currency, the advantages to mining are quickly slipping away with the falling price of Bitcoins.
The future of money: It’s not in your hands
Deep in the heart of the world's least fiscally responsible city, Digital Trends searches for the future of money at a conference starring Suze Orman, Google Wallet, and a gazillion reasons to worry about the financial services industry's long term plans for us all.
Bitcoin casino on track to earn nearly one million per year
Definitely one way to experiment with your current supply of bitcoins, at least one bitcoin-accepting casino is hauling in tons of the virtual currency.
Canadian man tries to sell his home for Bitcoins
Looking to cash in on the virtual currency craze known as Bitcoins, a man living in Alberta, Canada has put his home up for sale and is looking for payment in the form of Bitcoins to compete the transaction.
Bitcoins can now be used to pay for Domino’s Pizza
As the Bitcoin currency slowly continues to gain support within the online community, a new site is offering a service that will place an order for a Domino's pizza in exchange for a payment in Bitcoins.
Texas family sells Porsche – for 300 Bitcoins?
Continually utilized in more real-world, legitimate transactions, the digital Bitcoin currency was used instead of U.S. currency to purchase a popular Porsche sports car in Austin, Texas.
Will this Bitcoin stuff amount to anything more than a hill of beans?
The recent surge and collapse in Bitcoin values got us thinking about all the things we don’t understand about the virtual currency, and whether they’re a good or a bad idea.
Doxing, Bitcoin, and more tech lingo you need to know
Been on Reddit lately and have no idea what those guys are talking about? Here are some trendy words you should know to keep up with today's Web news.
Google acknowledges critical Bitcoin flaw in Android (and bug fixes are released)
If you're using Bitcoin on an Android phone or tablet, listen up: Your bitcoins are not safe. You need to follow these steps to update and re-secure your wallet, or risk Bitcoin thievery.
The crackdown on Internet drug market Silk Road continues
More online drug vendors are getting arrested as a crackdown on the Silk Road progresses.
Silk Road supporters are trolling the FBI with Bitcoin
Bitcoin users are giving the FBI an earful by sending bitcoin to the address where the law enforcement agency is keeping its seize Silk Road funds.
Sorry, FBI! Silk Road is back online, and still selling illegal drugs
A month after the FBI shut down the infamous online drug marketplace known as Silk Road, a new team has relaunched the site, and users are getting excited.
This university will let you pay tuition in Bitcoin
The University of Nicosia in Cyprus has become the first higher education institution in the world to accept Bitcoin as payment for tuition.
Bitcoin goes nuts, jumps over $1,000 per Bitcoin
Bitcoin has jumped to over $1,000 per Bitcoin repeatedly over the past 24 hours.
The Nio Card is here to help you spend your Bitcoin fortunes
The latest Kickstarter project centered around smart cards is the Nio Card, an all-in-one sliver of anodized metal which will let you make and receive Bitcoin payments, and help keep your smartphone safe too.
Brit loses $7.5m in Bitcoins after throwing away hard drive
British man James Howells is rueing his luck after throwing away an old laptop hard drive. By the time he realized it contained over $7.5m worth of Bitcoins he mined back in 2009, it was too late.
Apps are mining Bitcoins without your knowledge, says Malwarebytes
Malwarebytes has discovered a new type of malware scam that installs a Bitcoin miner on an infected machine and makes money for its developer. The practice is covered by the small print in the EULA.
China bans banks from processing Bitcoin transactions
Likely a first step towards some form of regulation of the popular digital currency known as Bitcoin, China has forbid banks from processing transactions that directly involve Bitcoin.
Illegal online drug store Sheep Marketplace shuts down after $5M Bitcoin heist
Sheep Marketplace, an illegal online drug store, has shut down after a user made off with nearly $5 million worth of Bitcoin currency.
Some dude just bought a Tesla Model S with Bitcoins … and now you can, too
The digital currency Bitcoin has been everywhere in the news, but so far it hasn't made it to many places in real life. Now, though, you can buy a car with it.
Bitcoin Believers aren’t wrong, but don’t mistake their faith for fact
When you dig beneath the surface, Bitcoin really does have the potential to be a game-changing revolution that changes the way we see money forever. But don't mistake potential for a sure payout - Bitcoin's true Believers are glossing over a lot of the fuzzy parts.
Wow. Dogecoin is the most Internet thing to happen, ever
Meet Dogecoin, the Internet's newest, dumbest Bitcoin clone.
Is a Litecoin mining boom leading to a graphics card shortage?
As Litecoin overtakes BItcoin as the most profitable cryptocurrency to mine on a GPU, it would seem AMD Radeon cards are selling out as a result. Find out more about the Litecoin boom and how it relates to Bitcoin.