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  • September 20, 2014
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  1. News - World - INTERNET

    Bitcoin Foundation members quit over election of troubled ex-Disney child star

    Posted May 18th 2014, 06:26am by Reuters

    ... Reuters in San Francisco Ructions on bitcoin board as former child actor joins The most prominent trade group pushing adoption of the bitcoin has been rocked by controversy as it begins its annual conference. At least 10 members of the non-profit Bitcoin Foundation have resigned over the election of one-time Disney child star and bitcoin entrepreneur Brock Pierce as a new ...

  2. News - World - INTERNET

    Under-fire Bitcoin paying the price for virtual growth with Silk Road arrest

    Posted Oct 05th 2013, 12:00am by MCT

    ... McClatchy-Tribune Online currency seen as easy payment system for criminals, as Silk Road arrest shows, but backers see crackdown as part of its evolution Bitcoin paying the price for virtual growth The once-obscure bitcoin has been making news all year. There have been stories about the wild swings in the virtual currency's exchange rate, moves by financial regulators ...

  3. News - Hong Kong - INTERNET

    CUHK just one of data hijackers' half a million targets

    Posted Aug 07th 2014, 04:25am by DANNY LEE

    ... of their servers. Users are then taken to a webpage demanding a ransom of 0.6 bitcoin (US$350) to free the information. The hackers have called their ransomware Synolocker and target systems using software developed by Taiwanese company Synology. Leonhard Weese, president of the Bitcoin Association of Hong Kong, warned of the effects of the cyberattack on bitcoin- the digital currency that was last ...

  4. News - World - INTERNET

    Online drug marketplace Silk Road shut down as FBI arrest owner

    Posted Oct 03rd 2013, 12:00am by Reuters

    ... according to the charges. Authorities also seized US$3.6 million worth of digital currency Bitcoin, which was used instead of cash or credit cards to complete transactions on Silk Road. The charges against Ulbricht said his website generated sales of more than 9.5 million Bitcoins- roughly US$1.2 billion. The raid yesterday was not the first time the US government has made arrests related ...

  5. News - World - INTERNET

    UK government warns of new online ransom scam CryptoLocker

    Posted Nov 17th 2013, 06:38am by AP

    ... that the files will be lost irrevocably unless a ransom is paid, either through Bitcoin, a tough-to-trace cyber currency, or MoneyPak cash cards. Ransoms tend to be US$100 or US$300, according ...

  6. News - World - INTERNET

    Online drug bazaar Silk Road back within weeks

    Posted Nov 07th 2013, 09:49pm by Reuters

    ... for purchase from independent sellers using the anonymous Bitcoin digital currency. On October 1, the US Federal Bureau of Investigation shut down the original Silk Road and arrested its alleged ...



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