Photo via Flickr user btckeychain.

No Bitcoin for Amazon: Online retail giant says it’s not seeing enough demand

Overstock.com has made a big fuss about accepting the digital currency to the point where you’d expect other major online retailers to follow suit, but Amazon says it won’t be one of them. In an interview with Re/code’s Jason del Rey, Amazon payments head Tom Taylor said they’ve considered accepting bitcoin, but there’s no rush. “We’re… Read More

Photo via Flickr user btckeychain.

Uncle Sam wants a piece of the bitcoin action

Did the bitcoin party just end in the U.S.? If you were using the digital currency to avoid paying Uncle Sam capital gains on investments, then you bet. In its first ruling on bitcoin, the IRS has done the inevitable and clarified how it will be taxing the increasingly popular form of electronic money. It… Read More

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Need to know how much a Bitcoin is worth? Ask Bing

Microsoft announced today that Bing is now capable of currency conversions with Bitcoin. To figure out how much a Bitcoin is worth in a particular currency or how much of a Bitcoin it’s possible to afford with a given amount of money, just use “btc” in currency conversions in place of another currency. For example,… Read More

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Bitcoin commerce reaches record highs during Black Friday weekend

In yet another reminder of the digital currency’s massive growth over the past several weeks, Bitcoin transactions reached record highs during Black Friday weekend. According to Coinometrics, which measures the cryptocurrency economy, there were a record 102,010 Bitcoin transactions on Nov. 29. Meanwhile, leading Bitcoin merchant processor service BitPay announced today that Black Friday was… Read More

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This university is the first in the world to accept Bitcoin for tuition

The Bitcoin craze has made its way to the educational system. The University of Nicosia in Cyprus announced today that it will allow students to pay for tuition fees with Bitcoin, becoming the first accredited university in the world to do so. Starting this spring, Bitcoin will be accepted throughout the entire University of Nicosia system, which includes… Read More

The world's first Bitcoin ATM was installed

World’s first Bitcoin ATM sees 81 exchanges, $10,000 in transactions during first day

History was made in Bitcoin world on Tuesday when the world’s first Bitcoin ATM opened in Vancouver, B.C. At the Waves Coffee House in downtown Vancouver, 81 people made Bitcoin transactions that totaled $10,000. About one-third of those 81 were first-time Bitcoin users. Operated by Las Vegas-based Robocoin and Vancouver-based Bitcoiniacs, the ATM scans your palm… Read More

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How geeks do charity: Use your GPU to churn out goats

Your computer’s graphics processor might be more charitable than you think. CoinLab, a Seattle-based tech startup that focuses on the Bitcoin digital currency, has come up with a way for PC users to take advantage of their spare GPU cycles to raise money to buy goats for impoverished families around the world. Yes, real goats…. Read More

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You are the machine: CyborgCamps to probe human-technology interaction

Drop the word “cyborg,” and most casual conversations will take a jarring turn toward Star Trek, Terminator, or Battlestar Galactica, where beastly human-machine hybrids threaten to take over the world. But that’s not what cyborg means anymore — at least not to Amber Case and organizers of two upcoming CyborgCamps: one happening this weekend in Seattle (it’s not too late to snag… Read More