The Khan Academy posted an introduction to bitcoin mechanics, including brief overviews of the block chain, mining, and how transactions work: It’s a bit dry, but if you’re fuzzy on the basics of how digital currencies work, you’ll probably find it enlightening.
Archive for the ‘News’ Category
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Coinlab sues Mt. Gox for $75 million
May 3rd, 2013 
CryptoBadger If you’re wondering what’s going on with the price of digital currencies over the past day or so, this lawsuit between two of the biggest players in the bitcoin arena is likely to blame. From the Gawker article: The Coinlab-Mt. Gox juggernaut was supposed to bring a new level of service, along with the legitimacy […]
Forbes journalist living on bitcoin for a week
May 1st, 2013 CryptoBadger A Forbes staffer is chronicling her week-long experiment to live solely on bitcoin for one week. Her journey only began yesterday, but you can read about how the first day went by clicking the link.
BBC News Report on Bitcoin
May 1st, 2013 CryptoBadger The BBC posted a short “how it works” video about Bitcoin today: (click here if the video won’t load for you) While short, the video is interesting, accurate, and up to usual high BBC standards. Keep your eyes open for a shot of cgminer running about 2 minutes in. =)
CNET: Bitcoin is the future of money
April 29th, 2013 CryptoBadger CNET posted an opinion piece on Bitcoin today that delivers a positive outlook on the future of cryptocurrency. While there are a couple minor misconceptions in the article, it’s always nice to see good press on digital currency in mainstream news. A snippet: Crypto-currency is a certifiable Pretty Big Deal. The Facebook antagonists otherwise known as […]
Nearly half of Bitcoin exchanges fail
April 27th, 2013 CryptoBadger A recent Wired UK study concluded that a whopping 45% of Bitcoin exchanges have failed, usually resulting in the loss of users’ deposits. Exchanges that manage to stick around are typically under constant attack from hackers looking to commit virtual heists. From the article: Exchanges handling 275 Bitcoins’ worth of transactions each day have a […]
Mt. Gox adding support for Litecoin “soon”
April 24th, 2013 CryptoBadger Mt. Gox, the world’s largest bitcoin exchange, released a statement today regarding their handling of the recent DDoS attack that caused their site to be unavailable for several hours. Buried in the “Recent Frequently Asked Questions” portion of the release is this interesting tidbit: “When will you be adding Litecoin (LTC) to Mt. Gox?” : […]
PayPal president “kinda thinking about” supporting Bitcoin
April 24th, 2013 CryptoBadger David Marcus, president of PayPal, says that he is considering the possibility of supporting Bitcoin as a PayPal funding instrument in the future: (skip to 2:50 in the video for the Bitcoin comments) A transcript of Marcus’s response: So I’ve been spending a lot of time looking at [Bitcoin], and it’s truly fascinating actually: the […]
Bitcoin on the Colbert Report
April 18th, 2013 CryptoBadger A hilarious piece on bitcoin appeared on the Colbert Report yesterday: (video removed) (Click here to go directly to the video if you can’t see it here.)
Steve Forbes: Bitcoins are not money
April 17th, 2013 CryptoBadger According to Steve Forbes, bitcoin does not qualify as a currency. The basic reason? Bitcoins do not have a fixed value, thanks to their outrageous volatility: Money is most optimal when it is fixed in value just as commerce is facilitated when we have fixed weights and measures. When you buy a pound of hamburger […]
