- LONDON, April 2 (Reuters) - Financial traders have a new toy: Bitcoin, a digital currency variously dismissed as a Ponzi scheme or lauded as the greatest invention since the Internet. (Huffington Post)
- Bank robberies of the future may not reveal the traditional security camera shot of the ski-masked gun holder but rather we will watch them evolve slowly in front of our eyes as the money hops around the globe. (Forbes)
- There's a lot of talk about dongles recently. Square has always relied on a dongle and now PayPal is sporting a fancy triangle-shaped dongle, nicknamed the 'Blue Dorito'. (Forbes)
- Virtual currency Bitcoin could be an alternative to mobile phone payment systems in Africa, such as M-Pesa, say experts. Bitcoin transactions occur when a buyer uses software to encrypt a specific number of virtual coins with a code. (ITWeb)
- Recent months have not been kind to proponents of Bitcoin, the virtual peer-to-peer currency that soared to a value of over $30 last summer on a surge of public interest and media reports. The currency operates over the Internet with no central control. (MIT Technology Review)
- Security researchers have disabled the latest botnet created with Kelihos malware, stopping a 116,000-bot-strong operation devoted to Bitcoin hacking and other crimes. (Ars Technica)
- I wrote on Monday about Swedens move toward an ever-more-cashless society: The country is pointing the way -- with other European and North American countries following its lead -- toward ever-more-digital financial transactions. (Atlantic Online)
- Thing Seven: Bitcoin Of The Realm: The hot new toy/Ponzi scheme/weapon of financial destruction sweeping Wall Street is something called Bitcoin, which is fake online money that some people think will become a new global currency. (Huffington Post)
- It also had the capability to generate and steal Bitcoins from user wallets. Bitcoin is a virtual currency that is untraceable once lost. (PC Magazine)
Monday, April 2, 2012
Bitcoin
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