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Overstock.com Exceeds $1M In Bitcoin Transactions In Two Months

2014-03-04 20:48:47| Apparel - Topix.net

Surprise! People have bitcoins and want to spend them, a fact that Overstock.com quickly discovered after they started accepting bitcoin payments.

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Bitcoin bank Flexcoin shuts down after massive theft

2014-03-04 20:08:01| InfoWorld: Top News

Flexcoin, a site that described itself as the "world's first bitcoin bank," has closed after it got hacked and all of the bitcoins it had placed in online storage were stolen, the site recently announced. Flexcoin was attacked and robbed March 2 of all coins in its "hot wallet" -- a term that refers to bitcoin online storage -- the site said in an announcement posted to its home page. The attacker made off with 896 bitcoins, which at current prices across several exchanges would amount to roughly $600,000.

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UK scraps VAT on Bitcoin trades

2014-03-03 21:15:52| BBC News | Business | UK Edition

The UK's tax authority, HMRC, scraps plans to charge VAT on Bitcoin trading, just days after the collapse of one of the virtual currency's leading exchanges.

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Buffett talks up IBM and Pepsi, dismisses bitcoin

2014-03-03 19:52:04| Food - Topix.net

Warren Buffett shrugged off market tremors Monday as the legendary investor laid out his bullish outlook on the U.S. economy and the stock market, talking down geopolitical turmoil and maintaining a positive outlook on holdings like International Business Machines Corp. and H.J. Heinz.

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Bitcoin and Other Cryptocurrencies

2014-03-03 19:37:10| PC Magazine Software Product Guide

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