Items tagged with Currency
As sanctions continue to be implemented against Russia, the Russian ruble has been overtaken by the Robux. If you are not familiar with what a Robux is, it is in-game currency in the popular kid's game, Roblox.
The international community has been taking aim on Russia's economy with stiff economic sanctions since...
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Apple made a huge amount of announcements today as it pertains to OS X and iOS 8, but one theme managed to translate throughout: it's opening itself up a bit more than it has in the past. That means that third-party keyboard apps will now be supported throughout the OS, and third-party apps will have access to the Touch ID fingerprint sensor....
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While the Chinese government wants nothing to do with Bitcoin, a Lamborghini dealership in Costa Mesa, California, has enough faith in the digital currency to begin accepting it as legal tender. That move would be impressive enough for a "regular" car dealer; for one that sells cars that average $200,000 USD, it's quite notable. The dealer,...
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Bitcoin, the virtual currency that's exploding in popularity on the web, isn't finding many fans among Chinese government officials, Just the opposite, really. China's central bank issued a warning to financial institutions that trading Bitcoins is risky business, and not long after, the country's government put in...
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As crazy as this sounds, a single Bitcoin is worth almost as much as a single share of Apple. Bitcoin, a volatile virtual currency that's decentralized and uses cryptography to control transactions and prevent double-spending, has been steadily soaring for the past several months. It was viewed as a big deal when shares of Bitcoins went north...
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If you stop a random stranger on the street and ask that person what a Bitcoin is, you might get a confused stare. Try asking that same question a year from now and maybe every person you ask will say, "It's a digital currency that's decentralized and uses cryptography to use control transactions to prevent double-spending." Or they'll simply...
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Despite still being in its infancy and having a highly sporadic value, Bitcoin has quickly established itself as a real, respected currency. Now, thanks to Bitcoin trading service Bitcoiniacs, and ATM builder RoboCoin, Bitcoin's validity is set to become strengthened even further. Next week, Vancouver will welcome the...
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Bitcoin is a digital currency that has been rather volatile both in regard to its legality and in terms of its value. Up and down it goes, and the value has dropped again to $129 after hitting $140 the previous day in the wake of the shutdown of online marketplace Silk Road by the FBI. Silk Road was a space where illegal drugs and other shady...
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Who could have ever guessed that a digital currency would cause so much commotion, and for so long? Well beyond the "fad" stage is Bitcoin -- a digital currency that suddenly has the investing world's attention, and even high-stakes players are investing in what amounts to nothing in hopes of it paying off. While it's...
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Bitcoin, the digital currency that has its fair share of supporters and haters, has been deemed illegal in Thailand. Writing in a blog post on Monday, Bitcoin announced that over the last several months, it has been trying to get its currency registered by the Thailand government to ensure it was offering its digital...
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When you're suddenly launched into money, you have the potential to do some wild things. Not that the Winklevoss twins were ever poor, but after the Facebook ordeal that landed 'em millions, they've started to make a serious name for themselves. They've rekindled a start-up scene in Southern California, and now...
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Of all the current Internet curiosities, Bitcoin is one of the most fascinating. The digital/virtual currency is decentralized, has no change fees, and no state oversight to speak of, and nobody seems to know exactly what to do with it even as it grows in popularity and value. Case in point: On Mt. Gox, a major...
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The first time I heard of "Bitcoin", I admit that I found the premise to be a little far-fetched... something that simply wouldn't work. But time and time again, examples creep up that give some credence to the currency, and even today, online vendors have been adding Bitcoin to their lists of accepted payment...
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