(Reuters) – Cyber criminals have infected hundreds of thousands of computers with a virus called “Pony” to steal bitcoins and other digital currencies, in the most ambitious cyber attack on virtual money uncovered so far, according to security firm Trustwave.
Trustwave said on Monday that it has found evidence that the operators of a cybercrime . . . → Read More: ‘Pony’ botnet steals bitcoins, digital currencies, Mt Gox Disappears
A bug in the bitcoin software that makes it possible to alter transaction details over the network has caused panic-selling among holders of the crypto-currency, sending prices crashing below the $600 mark on Monday morning.
Japan-based bitcoin exchange MT Gox last week suspended bitcoin transactions while it investigated technical problems that had emerged during an . . . → Read More: Bitcoin Just Completely Crashed & Causing Massive Sell Off
Bitcoin exchange BitFloor shuttered after virtual heist. Nearly a quarter million dollars worth of the peer-to-peer currency was stolen by accessing unencrypted backup wallet keys. by Steven Musil
Bitcoin exchange BitFloor has shut down operations while it investigates the theft of nearly a quarter million dollars’ worth . . . → Read More: Bitcoins Stolen In Virtual Internet Heist.
I have been having quite a few discussions with the APMEX about these flash sales they have been having. I told them the Sunshine coins were butt ugly but the right price. I told them the Silver American Eagles were lower by .50¢ at another site. I told them the new fractionals were beautiful, but . . . → Read More: Let’s See If I Have Any Pull At APMEX?
A few days ago I asked the question, “What Will Crash First Bitcoin or the Dollar?” The answer is Bitcoin.
Watch the flash crash live at 11:30 in this video.
Now I would like to hear all of those Bitcoin holders tell me again that I don’t get it and that it was not . . . → Read More: Bitcoin Flash Crash
Here is an article that was sent to me about the first Bitcoin theft. I would like to add this to the list of many reasons why not to trust this scam. The thing that I find interesting is that it might take the average person would take 10 years to “mine” a . . . → Read More: Bitcoin Theft: What Happens When No One, Steals Nothing?
I have been inundated with all of this talk about Bitcoin. I first stumbled upon it a few months ago and made a snap judgement that is smells like BS and looked no further into it. Now that I have been asked by multiple sources to either endorse it or ask my opinion on it, . . . → Read More: What Will Collapse First, Bitcoin or the Dollar?