internet
DarkMarket Could be the New Silk Road the Authorities Can't Take Down

The original Silk Road got seized by the powers that be. Its successor got hacked apart and robbed. Third time's a charm? Maybe. The minds behind a new proof-of-concept marketplace called "DarkMarket" say their model is impossible for the authorities to take down. Read More >>

bitcoin
Mt. Gox Gives Up and Files for Liquidation

The failed bitcoin exchange Mt. Gox has given up on its plan to rise from the ashes under bankruptcy protection. Instead, according to the Wall Street Journal, it's asked a Tokyo court for permission to be liquidated. Read More >>

money
You Can Now Buy and Sell Virtual Currency on eBay

It turns out eBay has quietly added a new category to its ever-popular auction site which allows users to buy and sell virtual currency on the site. Read More >>

money
Why the Future of Bitcoin Depends on the Silk Road Trial

Over the weekend, Ross Ulbricht's lawyer, Joshua Dratel, filed a motion asking the court to dismiss all charges against the Silk Road kingpin. It's largely what you'd expect from a bullish defence attorney. But here's the twist: Dratel throws Bitcoin under the bus. Read More >>

wtf
Hull Council Jumping On the Crypto-Bandwagon With HullCoin

Hull Council -- an organisation which, by its own admission, is suffering from 'breathtaking reductions' in funding -- has had a root around the bottom of the discarded policy drawer, and come up with its magic plan to solve all economic woes: its very own version of Bitcoin, lovingly dubbed HullCoin. Read More >>

money
One in 20 Bitcoin Owners Use Them to Purchase Drugs? I'm Not Buying That

Bitcoin, the headline-grabbing crypto currency, has courted genuine controversy, what with its fluctuating worth and mismanaged banking firms. It's also regularly been linked to black market trading, given the relative anonymity it affords its traders. But can one in 20 Bitcoin owners really be using it to get their drug fixes? Read More >>

money
What Bitcoin Would Have Been Like if it Existed in the '90s

Bitcoin! It's wild! It's crazy! It's all the rage! But what if instead of bubbling up to the surface and making waves here in the twenty-teens it had gotten popular way back in the '90s? Well, it would have looked a little something like this. Read More >>

money
Mt. Gox Found Over £70 Million of Bitcoin in a Random Wallet

Bitcoin is big money. When Mt. Gox went down, hundreds of millions in bitcoin disappeared. Now, the trouble exchange just happens to have stumbled into 200,000 'coin it thought was lost, or roughly $116 million (£70 million). Read More >>

bitcoin
MtGox Was Still Trading After Having Lost Most of its Bitcoins

It looks like the situation surrounding MtGox just keeps getting worse and worse. It turns out that despite not having enough Bitcoins to return to its customers, MtGox continued trading anyway. Read More >>

humour
Conan O'Brien Explains Bitcoin Once and for All

We have endeavoured time and again to explain Bitcoin, but do any of you really understand it? It doesn't help that the mysterious digital currency keeps disappearing. Thankfully, here's a Conan O'Brien bit to set the record straight once and for all. Read More >>

money
Hackers Claim Mt. Gox Still Has Investors' Bitcoins

The Bitcoin exchange Mt. Gox filed for bankruptcy protection last week admitting to an outstanding debt of around $63.6 million (£38 million). Now, a team of hackers claims that the company still has investors' bitcoins. Read More >>

bitcoin
Bitcoin Cash Machine Appears in London's Tech City

Those of you fortunate enough to live near London's Tech City can get your hands on some Bitcoin more easily than ever before, thanks to a newly-installed Bitcoin cash machine. It's in good company, joining Seattle and Austin, which were the first cities to host pop-up Bitcoin ATMs last month. Read More >>

money
The Guy Who Invented Bitcoin is (Surprise!) a Reclusive Weirdo

Bitcoin, like all great fantasies, has a compelling creation myth: one Satoshi Nakomoto existed on the internet just long enough to give birth to everyone's favourite cryptocurrency before disappearing for six years. Theories abounded as to the man's true identity. No one could track him down. That is, until Newsweek did just now. Read More >>

bitcoin
HMRC Bins Plan to Tax Bitcoin Transactions

The UK may soon emerge as one of the world's bitcoin safe havens, after tax inspector HMRC revealed it's giving up on its plan to add 20 per cent VAT to transactions made in the virtual money. Read More >>

bitcoin
More Bad News From Mt.Gox: All the Bitcoin Money is Gone

The Mt.Gox saga just gets sadder and sadder. Not only did the company file for bankruptcy, but Mt.Gox CEO Mike Karpele went on Japanese TV a few minutes ago and admitted that everybody's money is gone. Gone, gone, gone. Read More >>

bitcoin
The Six Biggest Bitcoin Heists in History

Ever since a single Bitcoin became worth a small fortune, there have been people trying to steal them. Sure, there have some small-time thieves who've stolen a few hundred pounds worth of Bitcoin here and there. But there have also been heists. Massive, highly orchestrated attacks that lead to millions of dollars worth of cryptocurrency changing hands. And they just keep happening. Read More >>

Login
X

Don't have a Gizmodo UK account?