News

Yesterday, Overstock.com surprised everyone by announcing Bitcoin as a payment method of their website, 6 months early then planned. It created a huge buzz in the Bitcoin community, as it was the first multi Billion dollar company to accept the digital currency as a payment method. Today, 24 hours later, Overstock’s CEO announced via Twitter that they processed over $124,000 in 780 ... Read More »

Overstock.com has just integrated Bitcoin payments on their website, after announcing in December that they would do that around q2 2014. This makes them the first major online Retailer to accept the digital currency. CEO Patrick Byrne says “When I first head about Bitcoin I felt I had tipped my hand. I didn’t want someone else to beat us”. This is the ... Read More »

Bitcoin mining pool Ghash.io was the most talked about story today on the Bitcoin reddit. Several people made warnings about Ghash.io approaching 51% of the network hashrate, and therefore potentially forming a big danger to the Blockchain. Ghash.io has just released this official press release, where they state that they will take “all necessary precautions to prevent reaching 51% of all ... Read More »

Ghash.io, a popular Bitcoin mining pool is approaching a hashrate of 51% on the bitcoin network. Several miners have started boycotting the pool, by switching their miners to less popular pools to distribute the hashrate throughout the network. They are doing this, because a 51% attack can have devastating effects on the Blockchain. In the past 24 hours, Ghash.io has ... Read More »

Stocks of online game company Zynga Inc have soared since they started accepting Bitcoin for in-game purchases. Zynga, mostly known for small games on Facebook like Farmville, has teamed up with BitPay to integrate Bitcoin payments in 7 games. They may expand it to more games in a later stage. Their ZNGA stock has risen from 3.8$ to $4.16 at the ... Read More »

This year’s international CES in Las Vegas will have at least 2 confirmed Bitcoin company’s attending the show. Both Blockchain.info and Bitpay will be there, together at Booth 36057. They have confirmed this info on Reddit as well. The yearly Consumer Electronics Show event in Las Vegas is worlds biggest Electronics expo, and its awesome to see that these Bitcoin related ... Read More »

Do you want to create the next big Crypto Currency after Bitcoin, but don’t have the knowledge to make it happen? Then that can be possible. Coingen.io is a new website currently in Beta that lets uses create their own Bitcoin or Litecoin clone, without any effort. You just send them some details like: The title of your coin The Abbreviation A ... Read More »

The 2nd most popular Crypto currency after Bitcoin called Litecoin has surged in price reaching $32 this morning. The sudden price increase was due to Litecoin being undervalued in comparison to Bitcoin’s price. The price is currently hanging arround $29 at the time of writing this article. With the surge in price in Bitcoin after Zynga announced that they will ... Read More »

Online Bitcoin wallet website Blockchain.info now hosts over 1 million wallets on its website. This is the biggest milestone the company has reached so far, and they are planning to celebrate it with big prizes. Less then a year ago, Blockchain.info had 100,000 wallets created, and by october 2013 they reportedly reached the 500,000th created wallets milestone. Now, just a few ... Read More »

World’s biggest social network Facebook has started testing Bitcoin payments for their advertisement platform. This image below was sent to us this morning by a employee of Facebook Netherlands in Amsterdam, who is currently participating in the test. As you can see, it displays the option to pay with Bitcoin on the Facebook Ads payment setup page. Facebook is holding ... Read More »