IRS to crack down on Bitcoin Tax Evasion

This is one of the more funny “news” articles floating around the web today. Financial Times has reported that Bitcoin and other virtual currencies are going to come under closer scrutiny in the days ahead as they are an apparently

Bitfloor’s Customers May See Resolution Soon

In a non-official update from the AudenX email list there has allegedly been significant traction in the process to return funds to Bitfloor’s Depositors. These funds have been in limbo Since early April when the website’s main bank account was

Sky is Falling (Again) According to American Banker

In an article titled “The Last Straw For Bitcoin”  the author spends 2 whole pages describing why in his opinion Bitcoin has already been dealt a death blow. They make two, actually make that three, of the most common and

DigitalMagus7 Release Bitcoin 2013 Conference Video

If you couldn’t make it the Bitcoin 2013 conference in person, have no fear a generous Bitcoin enthusiast has made a 17 video playlist from the event available on youtube.   Team Bitcoin gives this guy a lot of props

Khan Academy Releases Bitcoin Learning Video

Bitcoin Learning Khan Academy the free learning website has taken notice of Bitcoin and released an excellent video. Bitcoin seems daunting on the surface to many non-IT people. The word cryptography or encryption is enough for most people to zone

Bitcoins Desirable Characteristics

Bitcoin has several desirable qualities that make it an attractive option to today’s paper fiat currency. This article will kick off a series focusing on the unique characteristics and qualities that make Bitcoins stand out as a leader of currencies.

MT Gox Announces Mandatory Identity Verification

In what is surely a direct response to the recent shutdown of Liberty Reserve and DWOLLA businesses on money laundering allegations MT. GOX announced on there website today that they will only accept currency deposits from verified account holders. Users

No Bitcoin in Paypals immediate future

Despite the 80%+ of people polled by Paypal wanting to ditch there wallet for wireless transactions with there smartphones or some similar solution, Bitcoin won’t be in the cards for Paypal until it becomes regulated. The Paypal CEO, David Marcus

Unofficial update to the Bitfloor Saga

A Reddit user, AudenX, has pioneered the effort to keep the resolution of the Bitfloor situation moving forward. In an email sent out to concerned Bitfloor customers who have money tied up with Bitfloor since the sudden shut down over

Bitcoin Blockchain explained in Infographic

This is a phenomenal visual breakdown and explanation for what the blockchain is what the blockchain does, It is obviously simplified but still a great break down of the Bitcoin Blockchain in infographic format.