Google was reported to be making plans to develop Android Pay that would work alongside the already established Google Wallet, which was aimed to beat its top competitor Apple Pay.
Tags: Bitcoin
USAA creates research team to study use of bitcoin technology
USAA, a San Antonio, Texas-based financial institution serving current and former members of the military, is studying the underlying technology behind the digital currency bitcoin to help make its operations more efficient, a company executive said.
Bitcoin prices fall after Altcoin Exchange hacking, Is the much-touted `cash of the future' on the wane?
Bitcoin as a convenient digital currency has gained widespread use the past several years. Hack attacks have happened, and the recent one that happened to the Bitcoin and Altcoin Exchange Cryptoine, which led to stoppage of its operations, got many people's attention. It underscored the need to step up security measures.
Bitcoin Prices Hit Record $286.28 Highs for 2015?
Bitcoin's been growing larger and larger by the minute. Bitcoin has been making some very major gains lately. According to the latest reports, the price of Bitcoin for 2015 has continued to rise, and over the last week, bitcoin has gained $15 in price.
IBM looking at adopting bitcoin technology for major currencies
International Business Machines Corp is considering adopting the underlying technology behind bitcoin, known as the "blockchain," to create a digital cash and payment system for major currencies, according to a person familiar with the matter.
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As the price of Bitcoin goes up, many companies on e-commerce are looking on the possibilities of tapping the potential of Bitcoin in their businesses.
Bitcoin could be the next step in cracking a recent Pirate Bay-related hacking. The Pirate Bay, the notorious file-sharing torrent site, has been on shaky ground ever since it returned to the Internet.
Bitcoin was founded on the precept that peer-to-peer transactions should be made easy and cheap. However, terrorists organizations gave allegedly exploited the alternative payment method.
Bitstamp, one of the largest exchanges for trading the digital bitcoin currency, said it has temporarily suspended service after "some" of its "operational wallets were compromised" on Sunday, resulting in loss of about 19,000 bitcoins.
After skyrocketing to more than a thousand dollars in price late last year and attracting global attention, bitcoin, the leading digital currency, has stalled.
Hundreds of alleged usernames and passwords for online document-sharing site Dropbox were published on Monday on Pastebin, an anonymous information-sharing website.
Tech-savvy Venezuelans looking to bypass dysfunctional economic controls are turning to the bitcoin virtual currency to obtain dollars, make Internet purchases -- and launch a little subversion.
A man who helped to promote bitcoin wants to remain in the business despite pleading guilty Thursday to indirectly helping send more than $1 million in the digital currency to users of the illicit online marketplace Silk Road, his lawyer said.
Bitcoin is catching on at U.S. online merchants including Overstock.com and Expedia, as customers use a digital currency that just a few years ago was virtually unknown but is now showing some staying power.
