Tuesday, July 16, 2019
Attending MIT this fall? Good news! You’re getting a bit of a tuition rebate, in the form of a $100 Bitcoin credit. It’s all part of the MIT Bitcoin Project which is unsurprisingly being spearheaded by the MIT Bitcoin Club. They’ve raised more than $500,000 to find out what happens when the...
The University of Nicosia (UNic), one of the major English language universities in the Mediterranean, will become the world’s first to accept bitcoins for tuition. The university will also begin a new Master of Science course in Digital Currency. According to the university those who wish to pay tuition fees in bitcoins,...
Three young entrepreneurs have opened what they call the world’s first ATM able to exchange bitcoins for any official currency. The machine inaugurated Tuesday, delivered to Vancouver in Western Canada by Robocoin, an American manufacturer, stands against a wall of a popular coffee shop, and resembles an ordinary cash ATM. However,...
US authorities have seized more than $28million (£17m) in the digital currency bitcoins from the alleged mastermind behind the online black market Silk Road. FBI detectives said 144,336 bitcoins were discovered on computer hardware belonging to Ross William Ulbricht on Friday, in the largest seizure of digital currency ever. Silk Road,...
Bitcoin has been recognized for legal and tax purposes in Germany, making it the first country to take an official stance on the status of using the online currency as money. Berlin has acknowledged the virtual tender as a "currency unit" and "private money," according to German newspaper Die Welt. The classification means that some...
For the next two weeks Bitcoin users in the US will be unable to withdraw the virtual currency in dollars. Major exchange Mt. Gox cited an unusually high demand as the reason for the suspension, while customers worried the company has run out of cash. Mt. Gox, based in Tokyo,...
(The Economist)- BITCOIN, the world’s “first decentralised digital currency”, was launched in 2009 by a mysterious person (or persons) known only by the pseudonym Satoshi Nakamoto. It has been in the news this week as the value of an individual Bitcoin, which was just $20 at the beginning of February, hit record highs...