Bitcoin Exchange Mt. Gox Disappears, Not Getting Help From Authorities

Bitcoin Exchange Mt. Gox Disappears, Not Getting Help From Authorities

After concerns arose yesterday, it now appears that the bitcoin exchange Mt. Gox has gone offline entirely—taking the bitcoin in its possession with it.

Read more…


    



A Quick and Complete History of Bitcoin So You’re Not Totally Lost

A Quick and Complete History of Bitcoin So You're Not Totally Lost

News stories that are really big unfold over months or years, and tackling them can take almost constant media coverage. But all of that distilled information can start to feel overwhelming in itself, and that’s where the infographic recap comes in really handy.

Read more…


    



Should Bitcoin Be Illegal?

Should Bitcoin Be Illegal?

As the Silk Road came tumbling down today, and its signature currency—Bitcoin—has been pushed into the spotlight again. Will Bitcoin survive? Should it survive? Should people keep using it if it does? We’re here to talk it out.

Read more…


    



This Video Explains Everything You Need to Know About Bitcoin in Three Minutes

What is a bitcoin? Like exactly? It’s digital currency and it’s been around for a while now so what’s all the fuss these days? It’s because more and more places are accepting bitcoins as real currency. If you’re still a little bit confused on where bitcoins come from (or how you can just invent digital currency), watch the video explainer above by Duncan Elms. Get to mining. [Duncan Elms via Digg] More »

BitInstant founder says BitCoin debit card to launch within next two months

BitInstantbacked BitCoin debit card to launch within next two months

A BitCoin debit card could be in your very near future thanks to the efforts of trader-backed BitInstant. That fund transfer outfit, dedicated solely to the digital currency, has partnered with an undisclosed international bank to launch a branded debit card within six to eight weeks. News of the development first surfaced yesterday during an online chat with company co-founder, Charlie Shrem, in which he confirmed the cards would cost users $10 apiece to purchase and carry a 1% bitcoin transfer fee, as well as $1.50 ATM withdrawal fee. To further streamline the exchange process, users will be able to make quick transfers under $1000 by scanning a QR code overlay on front or by accessing the personal BitCoin address listed on back — all possible with a single confirmation. Initially, the cards will be denominated solely for USD, GBP and EUR, but more foreign currencies could soon be added in the lead up to its official debut. For now, those are the only bits Shrem was willing to share, as further details on this plastic alternative will be forthcoming prior to official launch. Until then, there’s always AMEX.

Filed under:

BitInstant founder says BitCoin debit card to launch within next two months originally appeared on Engadget on Mon, 20 Aug 2012 23:12:00 EDT. Please see our terms for use of feeds.

Permalink   |  sourceCoding In My Sleep  | Email this | Comments