Overstock CEO: We’re Now Averaging $15,000 A Day In Bitcoin Sales

Overstock CEO: We’re Now Averaging $15,000 A Day In Bitcoin Sales

Aug 13, 2014

Overstock Overstock.com CEO Patrick Byrne says Bitcoin holders have boosted his company’s bottom line as a reward for his decision earlier this year to become the first major retailer to accept the digital currency. Reached by phone by Business Insider Tuesday, Byrne confirmed a report  from Reuters’ Gertrude Chavez-Dreyfuss that Bitcoin sales...

Bitpay announces sponsorship of college football bowl game

Bitpay announces sponsorship of college football bowl game

Jun 19, 2014

Merchant bitcoin payments processor BitPay has announced that it will sponsor the St. Petersburg Bowl, an annual college postseason football game sanctioned by the National Collegiate Athletic Association (NCAA), through 2016.     ESPN Events and the Bitcoin payment processor BitPay have reached an agreement for BitPay to sponsor the St. Petersburg...

DISH becomes world’s largest company to accept Bitcoin

DISH becomes world’s largest company to accept Bitcoin

May 29, 2014

US satellite service provider DISH Network has announced that it will start accepting bitcoin payments later this year. The Colorado-based company is one of the biggest content providers in America, with more than 14 million pay-TV subscribers. DISH plans to start accepting bitcoin payments in the third quarter of 2014, but it has not yet revealed an exact...

Darkcoin gaining value due to privacy qualities

Darkcoin gaining value due to privacy qualities

May 21, 2014

Someone out there likes anonymous money. In only a month, the little-known bitcoin alternative known as Darkcoin has rocketed nearly tenfold in value–from around 75 cents a coin to almost seven dollars. Its selling point: Darkcoin offers far greater anonymity than bitcoin, mixing up users’ transactions so that it’s incredibly difficult to trace a payment to a...

‘Bitcoin Decoded’ co-author featured on TV special report

‘Bitcoin Decoded’ co-author featured on TV special report

May 19, 2014

“Bitcoin Decoded” co-author Tom Mitsoff was recently featured on a special report on the evolution of Bitcoin by KYTX CBS 19 TV in Tyler, Texas. Mitsoff was interviewed for the two-part feature by Justin Earley, KYTX-TV news co-anchor. Here is part one of the report: And here is part...

Guess what Mark Karpeles found? $116M worth of Bitcoins!

Mt. Gox, the Bitcoin exchange that famously went bust last month after reportedly losing 850,000 bitcoins worth $450 million to theft, has some good news that anyone who has lost change in a couch cushion can relate to. Earlier this month, Mt. Gox CEO Mark Karpeles says he stumbled upon an old bitcoin wallet from 2011 containing 199,999.99 bitcoins worth...