Federal Reserve of Boston Published Paper on Bitcoin

The Federal Reserve Bank of Boston published a paper earlier in September titled, “Bitcoin as Money?”, which discusses how some features of bitcoin have “hampered its ability to perform the functions required of fiat money – as a medium of […]

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Bank of England: Bitcoin, other digital currencies pose risk to British economy

The Bank of England (BoE) released a new report Thursday highlighting what it exactly thinks about bitcoin and other peer-to-peer decentralized digital currencies. The report, like so many other previous central bank studies, suggests they are harmful and could pose […]

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FBI reveals how they found Silk Road, security experts claim unlikely

The FBI released much awaited information Friday detailing how exactly they identified the location of the Silk Road servers, which were hosted through Tor as a hidden service. If done correctly, hosting a website through Tor effectively hides the real […]

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Hacker threatens to expose bitcoin founder Satoshi Nakamoto after accessing email

The true identity of Satoshi Nakamoto, the creator of the peer-to-peer decentralized virtual currency bitcoin, is still unknown. Newsweek supposedly found out who the founder was – Dorian Nakamoto – but it turned out to be false and helped discredit […]

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PayPal’s Braintree developing ways to process payments using bitcoin

In “the coming months,” PayPal’s Braintree will have completed a way to process payments using the peer-to-peer decentralized digital currency bitcoin. Bill Ready, who is head of the online and mobile payments platform, announced the news in a conference and […]

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BitPay opens bigger Amsterdam office amid 1,900% growth in European bitcoin acceptance

The peer-to-peer decentralized digital currency bitcoin’s popularity has dramatically soared to new heights this past year. From the United States to Canada, from Europe to Asian, the virtual currency has become an accepted payment method or form of money for […]

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MIT Coop bookstore now accepting Bitcoin

Massachusetts Institute of Technology (MIT) students can now purchase textbooks, clothing and school supplies at the MIT bookstore, the MIT Coop, BitPay announced Thursday. In doing so, the bookstore – which was founded as a cooperative in 1882 – becomes […]

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Study: Majority of U.S. consumers ‘unlikely’ to purchase, use bitcoin

It’s no secret that bitcoin and other peer-to-peer decentralized virtual currencies have become mainstream over the past several months. From major companies, like Dell and Expedia, incorporating digital currencies into their business models to the bankruptcy of Mt. Gox, the […]

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Xapo warns it will bypass New York customers if BitLicense passes

In July, the New York Department of Financial Services (NYDFS) presented a new plan that would establish the strictest regulations against bitcoin in the United States thus far. Some of the measures unveiled consist of instituting compliance officers, maintaining required […]

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CheapAir accepting dogecoin, litecoin; Whole Foods customers can use bitcoin

Last year, CheapAir became the very first online travel agency to install bitcoin as a payment method option. It announced in July that it had generated more than $1.5 million in bitcoin sales. A lot of its sales have been […]

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