bitcoin

3 Minutes

Video Games

Microsoft Engineer Steals $10 Million By Exploiting Payment System To Sell Xbox Gift Cards For Bitcoin

B. Simmons July 2, 2021

An unusual approach, but clearly effective. Per Bloomberg, one of Microsoft’s engineers has been sentenced to 9 years in prison, as well as charged a fine for $8.3 million. One Volodymyr Kvashuk, hired in...

2 Minutes

Tech

U.K. Police Raid Bitcoin Mining Facility They Thought Was A Weed Farm

B. Simmons May 28, 2021

Would’ve been funny if they had 420 rigs mining, though. So the whole NFT thing really dredged this up, but cryptocurrency is a massive energy drain. Not just mining (which is an even larger...

1 Minute

Tech

Ohio Now Accepts Tax Payments In Bitcoin

B. Simmons November 26, 2018

Well, technically… Ohio has become the first state in the nation to start accepting bitcoin as payment for taxes. Companies can get in on the program by going to OhioCrypto.com and register to pay...

2 Minutes

Tech

Ticketfly Slowly Coming Back Online After Hack

B. Simmons June 2, 2018

“We won’t be intimidated by criminal threats” There’s been a lot of hacking going around recently. But in Ticketfly’s case, it came with a healthy dose of blackmail. On Thursday, the ticket company was...

1 Minute

Tech

Mt.Gox is Dead and Your Bitcoin is Gone

B. Simmons March 1, 2018

Just like Dino Time 3D. Bitcoin exchange Mt.Gox has lost everyone’s money Bitcoin. CEO and professional doughy guy Mark Karpeles has admitted that all the money Bitcoin is gone and he’s very sorry. Where’d...

1 Minute

Tech

50 Cent Forgot that He Got Paid in Bitcoin Once, Now has Extra $7 Million

B. Simmons January 26, 2018

He’ll probably find that blinged out skull in his diswasher next week. 50 Cent, or Fiddy as some call him, is an interesting figure. He has an amazing ability to make large amounts of...

2 Minutes

Tech

Man Buys $4000 Bitcoin Mining Rig Online, Gets Boss Baby instead

B. Simmons January 24, 2018

It could’ve been worse. Not much worse, but worse. Look, it’s not terribly hard to get ripped off online. It’s something that’s been happening since the dawn of the internet. But it’s rare for...

1 Minute

Tech

Bitcoin Drops Below $10,000

B. Simmons January 17, 2018

“How are you so flush, man?“ Look, I’ll be the first to admit that me and the cryptocurrency thing don’t really mix. But hey, I still get stuck with it. Which means we all...

1 Minute

Tech

Hackers Rob Bitcoin Mining Site to the Tune of $70 Million

B. Simmons December 8, 2017

Bitcoin heists are less entertaining than actual bank heists. It hasn’t been a good week for Bitcoin. First, Steam stops accepting it as a viable payment option. Then, hackers rob NiceHash, a Bitcoin mining...

1 Minute

Tech Video Games

Steam’s Not Taking Bitcoin Anymore

B. Simmons December 7, 2017

Your money’s no good here. Do you use Bitcoin? Well, guess what? It’s no longer usable on Steam. Valve announced that they’d be dropping support for Bitcoin in a blog post Wednesday. To put...

1 Minute

Tech

Secret Service Agent Gets Busted for Stealing Bitcoin

B. Simmons November 8, 2017

Does it again after submitting guilty plea. Shaun Bridges, 35, was part of a government investigation of deep-web market Silk Road. And during that, he decided to appropriate around $800,000 worth of Bitcoin for...