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Bitcoin Now Surpasses $10,000—Heading to $100K in 10 Years?
Bitcoin has no officially reached the $10,000 mark after only breaking the $9,000 level two days ago. For context, the cryptocurrency is only worth $1,000 ten months ago. It is not the only cryptocurrency that is powering forward. Although some still remain skeptical, such as those that equate it only…
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Cryptsy on Verge of Bankruptcy After $7.5m Bitcoin Theft
Popular cryptocurrency exchange Cryptsy is on the verge of bankruptcy after the startup admitted that it had fallen victim to an online heist in July 2014, during which a total of $9.58 million-worth of Bitcoins and Litecoins. The company has been left with outstanding liabilities of around 10,000BTC – approximately…
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Silk Road Reloaded Moves to Obscure I2P Network Over Tor
Silk Road Reloaded, the latest version of the infamous darknet black market, has eschewed the Tor network for the little-known but more secure I2P network Silk Road, its clones, and its successors alike have opted for Tor as their network of choice, but concerns over the level of anonymity the…
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Expedia Accepts Bitcoins, as Some Retailers Remain Unsure
Popular travel site Expedia recently confirmed it will begin accepting bitcoins, giving customers the opportunity to book their next hotel visit with the digital currency. Expedia customers booking accommodations will see bitcoin as a new payment option, and will be ushered to a unique payment site. Transactions authorized directly from…
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AMD Radeon GPU’s In Short Supply Due To Mining Popularity Boom
Cryptocurrencies are literally one of the coolest things on the planet right now, and just like a gold rush people are flocking in big numbers to strike it rich by mining the coins. The main component of doing such a thing is AMD graphics cards and while they can be…
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