This morning, Newegg announced that they’ve started accepting Bitcoin on their website (via BitPay), making them one of the largest and most popular internet retailers to jump on the cryptocurrency bandwagon to date. Newegg’s homepage is currently prominently featuring Bitcoin, and they’ve created a helpful “about Bitcoin” page on their site to help educate those that […]
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Xapo CEO predicts $1 Million Bitcoin price
April 3rd, 2014 
CryptoBadger The Wall Street Journal posted a short interview with Wences Casares, CEO of bitcoin startup Xapo, regarding his thoughts on the future of bitcoin. Casares predicts that one decade from now, a single bitcoin will be worth somewhere between half a million dollars and a million dollars. That’s quite the lofty predication, and one that […]
KNC announces 100 Mh/sec scrypt mining rigs
March 20th, 2014 CryptoBadger Yesterday, KnCMiner began accepting pre-orders for their first ASIC scrypt-based mining rigs. Dubbed the “Titan”, KnCMiner claims that each unit will be capable of mining scrypt-based coins (Litecoin, etc) at a rate of at least 100 Mh/sec—far in excess of what GPU-based rigs are capable of today. KnCMiner hasn’t shared power consumption estimates thus far, […]
Newsweek seemingly outs Bitcoin creator Satoshi Nakamoto
March 6th, 2014 CryptoBadger In a story published this morning, Newsweek has finally exposed the identity of Bitcoin creator Satoshi Nakamoto. Or at least, Newsweek believes that it has. The story is an odd account of a perhaps over-zealous journalist ambushing a man at his house in California, and proceeding to ask him questions about Bitcoin that he mostly […]
Mt. Gox shuts down
February 25th, 2014 CryptoBadger Mt. Gox has been offline since late yesterday evening, just a few hours after I wrote that something like this was probably imminent. Most are interpreting the unavailability of Mt. Gox’s website as a sign that they’ve shut down for good, and unfortunately that’s probably a safe bet. CNBC posted a good write-up of the […]
More signs of trouble at Mt. Gox
February 24th, 2014 CryptoBadger Last night, Mark Karpeles (Mt. Gox’s CEO) resigned his position from the board of the Bitcoin foundation. Earlier today, Mt. Gox completely deleted all of their past tweets from their Twitter feed. Karpeles stepping down wasn’t exactly a surprise, as many in the Bitcoin community have been calling for his removal for months. However, his […]
TechCrunch: Is Bitcoin the new Paypal?
February 20th, 2014 CryptoBadger TechCrunch posted an article today comparing Bitcoin to the early Paypal days—when fraud, theft, and technical issues ran rampant. TechCrunch’s headline would probably be a bit more accurate if “Mt. Gox” were substituted in place of “Bitcoin” (and to be fair, the body of the article mostly focuses on the current problems plaguing Gox when […]
TigerDirect now accepting Bitcoin
January 23rd, 2014 CryptoBadger Just a couple weeks after Overstock.com went live with Bitcoin payment processing, TigerDirect today announced that they have also begun accepting Bitcoin on their website. TigerDirect is a major electronics and computer parts retailer, and this development makes them one of the largest businesses to accept Bitcoin thus far. Given the success that Overstock is […]
Forbes names Litecoin the best investment for time travelers going back to early 2013
January 13th, 2014 CryptoBadger Forbes published an article today that highlights the tremendous earning power of Litecoin for anyone that had the foresight to buy-in a year ago—it handily beat out top stocks, gold, and even Bitcoin to earn its spot as the top investment of 2013. From the article: The best way to spend a c-note on January […]
Overstock.com to accept Bitcoin in 2014
December 21st, 2013 CryptoBadger CNN is reporting that Overstock.com will begin accepting Bitcoin for purchases made on its site, starting in the second quarter of 2014. Pretty big news for cryptocurrency—Overstock is the largest U.S. retailer to announce support for Bitcoin thus far. Hopefully the news will cause others to take notice. Update 1/9/2014: That was quick—Overstock went live […]
