Posts Tagged ‘Bitcoin’

Bitcoin now a playable word in Scrabble

Merriam-Webster has released the sixth edition of its Official Scrabble Players Dictionary, with 300 new words added, including Bitcoin. The word has already been added to Merriam-Webster’s regular unabridged version in 2016; however, it’s only this year that the official Scrabble Dictionary has finally been updated. Bitcoin is described as a noun by the dictionary and […]

Slovenia Plays Host to the World’s First “Bitcoin City”

Slovenia has announced that its largest shopping center — coincidentally known as BTC City — will transform into a complete bitcoin city, in which every store and venture will accept cryptocurrency and operate via blockchain technology. The complex, located in the country’s capital of Ljubljana, contains over 500 retail stores. Details regarding the center’s newfound approach […]

South Korean Court Rules Bitcoin Has Economic Value

The Suwon District Court in South Korea has ruled that bitcoin has an economic value for the first time. This overturned an earlier court ruling which did not recognize the digital currency. The case involves the confiscation of 191 bitcoins. View Source

Your Sloppy Bitcoin Drug Deals Will Haunt You for Years

Researchers at Qatar University and the country’s Hamad Bin Khalifa University published findings that show just how easy it may be to dredge up evidence of years-old Bitcoin transactions when spenders didn’t carefully launder their payments. In well over 100 cases, they could connect someone’s Bitcoin payment on a dark web site to that person’s […]

Bitcoin Price Dives Below $9,700 as India Hints at Hard Line on Crypto Usage

Arun Jaitley, India’s finance minister, criticized cryptocurrencies during a speech before the country’s parliament. Jaitley, who was ostensibly presenting the Union Budget, took time to state that the government does not consider cryptocurrencies to be legal tender and that regulators will take “all measures” to eliminate their use in criminal activities. The finance minister did […]

Big Differences Between Gold and Bitcoin, According to World Gold Council

Due to its success as a store of value Bitcoin is often labeled ‘digital gold.’ In a document published on Jan. 25, the World Gold Council (WGC), the market development organization for gold, shed light on its stance towards cryptocurrencies. WGC sees gold remaining an integral store-of-value investment in the age of cryptocurrencies. According to […]