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Saturday, October 19, 2019  Spokane, Washington  Est. May 19, 1883
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Stories tagged: bitcoin

UPDATED: Thu., June 13, 2019, 7:49 p.m.

Researchers: Bitcoin’s carbon footprint equal to Las Vegas

Researchers calculate that the electricity required for the virtual currency bitcoin generates as much carbon dioxide as cities like Las Vegas or Hamburg.

UPDATED: Sun., Oct. 21, 2018, 9 p.m.

Pioneer of cryptocurrency boom falls on hard times

Last month, beset by millions of dollars in debt, ongoing legal problems and questions about its unconventional financing, Giga Watt laid off 80 percent of its staff and suspended all …

Student charged in elaborate digital money theft scheme

A Massachusetts college student who was named his high school’s valedictorian for his savvy tech skills hacked into unsuspecting investors’ personal cellphones, email and social media accounts to steal at …

UPDATED: Fri., June 15, 2018, 10:16 p.m.

Bitcoin’s astronomical rise last year could be buoyed by market manipulation, researchers say

Researchers at the University of Texas at Austin found that at least half of bitcoin’s astronomical returns last year may have been a result of manipulation.

Seattle company installs bitcoin ATM at the Spokane Valley Mall

Local residents can use cash and their driver’s license to buy cryptocurrency at a new bitcoin ATM in the Spokane Valley Mall.

Bitcoin backlash as ‘miners’ suck up electricity, stress power grids in Central Washington

Bargain electric rates are attracting digital currency entrepreneurs, but three public utilities districts are reassessing how they deal with the surging demand, and whether they should even try to keep …

Power-sucking Bitcoin ‘mines’ spark backlash

Bitcoin “miners” who use rows of computers whirring at the same time to produce virtual currencies began taking root along New York’s northern border a couple of years ago to …

UPDATED: Mon., March 26, 2018, 7:41 p.m.

Pragmatic barter put in use at Praxis Coworking

Praxis Coworking is changing the concept of entrepreneurship in more ways than one, from an intermingled office space to, now, their own cryptocurrency.

Bitcoin mining company begins operations in Butte

A company created to mine for the digital currency bitcoin has begun operation at facility in western Montana.

UPDATED: Wed., March 14, 2018, 9:54 a.m.

Google to ban cryptocurrency and related advertisements

Google says it is going to ban advertisements for cryptocurrencies such as bitcoin, as well as related content like trading advice and cryptocurrency wallets.

UPDATED: Fri., March 2, 2018, 1:09 p.m.

Bitcoin heist: 600 powerful computers stolen in Iceland

Some 600 computers used to “mine” bitcoin and other virtual currencies have been stolen from data centers in Iceland in what police say is the biggest series of thefts ever …

U.S. Treasury official urges regulation of crypto currencies

A senior U.S. Treasury official touring Asia has urged banks and financial regulators in the region and elsewhere to do more to tighten oversight of booming trading in bitcoin and …

UPDATED: Fri., Jan. 19, 2018, 5:26 p.m.

SEC letter shows bitcoin funds won’t happen soon, if ever

It may be a while, if ever, before investors can buy an exchange-traded fund made up of bitcoin and other digital currencies.

Bitcoin prices fall as South Korea says ban still an option

Prices of bitcoin and other digital currencies have skidded after South Korea’s top financial policymaker said Tuesday that a crackdown on trading of crypto currencies was still possible.

UPDATED: Wed., Jan. 3, 2018, 7 p.m.

Bitcoin loses dazzle as second-tier crypto coins catch up

Bitcoin alternatives are closing the gap with the market leader after names like stellar and cardano became red hot as 2017 was closing.

A look at the year of bitcoin

Bitcoin came into its own this year. The digital currency – which was created nearly nine years ago – became a highflying investment vehicle, prompting much discussion about its existence, …

UPDATED: Fri., Dec. 22, 2017, 7:35 p.m.

Still gift shopping? Here’s something more popular than Bitcoin, Netflix or marijuana

Are you shopping for a millenial? Chances are, they still have student debt.

UPDATED: Fri., Dec. 22, 2017, 7:36 p.m.

Bitcoin goes on wild ride and it may only get crazier

What’s a bitcoin worth? Lately nobody knows for sure, but it’s far less Friday than it was Thursday.

New Bitcoin-based security bounces in trading debut on CME

A new security based on the price of the digital currency bitcoin is trading lower after its debut on the Chicago Mercantile Exchange, a week after another such security launched …

As Bitcoin, other currencies soar, regulators urge caution

The public’s interest in all things bitcoin and efforts by entrepreneurs to fund their businesses with digital currencies is starting to draw more attention from regulators.

UPDATED: Thu., Dec. 14, 2017, 8:55 p.m.

As Bitcoin, other currencies soar, regulators urge caution

The public’s interest in all things bitcoin and efforts by entrepreneurs to fund their businesses with digital currencies is starting to draw more attention from regulators.

UPDATED: Wed., Dec. 13, 2017, 2:53 p.m.

Venezuelans seeing bitcoin boom as survival, not speculation

As Venezuela’s national currency loses value at a catastrophic rate, thousands have begun turning to the world of cryptocurrency to salvage what little value remains from their increasingly worthless bolivars.

UPDATED: Mon., Dec. 11, 2017, 3:20 p.m.

Bitcoin futures soar amid frenzy over virtual currency

Bitcoin’s debut on a major U.S. exchange is a hit so far, with the price of the first-ever futures contract for the virtual currency rising 18 percent.

UPDATED: Sun., Dec. 10, 2017, 7:51 p.m.

Bitcoin futures rise as virtual currency hits major exchange

The first-ever bitcoin future jumped after it began trading Sunday as the increasingly popular virtual currency made its debut on a major U.S. exchange.

South Korea mulling ways to curb craze for bitcoins

South Korea is studying ways to regulate speculative trading in crypto currencies as the latest surge in prices stokes a craze over bitcoins.

UPDATED: Thu., Dec. 7, 2017, 7:24 p.m.

Bitcoin soars then falls back; banks raise risk concerns

The price of bitcoin swung wildly Thursday, rising to more than $19,000 only to fall sharply within minutes, as both the euphoria and anxiety surrounding the virtual currency escalated just …

UPDATED: Thu., Dec. 7, 2017, 4:05 p.m.

Bitcoin tops $17,000; hack raises concerns ahead of U.S. trade

Bitcoin surged past $17,000 Thursday as the frenzy surrounding the virtual currency escalated just days before it starts trading on major U.S. exchanges. Bitcoin has gained more than $5,000 in …

UPDATED: Mon., Dec. 4, 2017, 8:15 p.m.

CBOE to start bitcoin futures trading Sunday

The CBOE Futures Exchange will start trading bitcoin futures Sunday, making it the first traditional exchange to allow investors to bet on the future price of the cryptocurrency.

Bitcoin surges past $10,000 threshold, only to plunge

The price of bitcoin surged through $10,000 on Wednesday, adding to its ten-fold jump in value this year and fueling a debate as to whether the virtual currency is gaining …

Tech company pledges bitcoin donation to build youth home

A tech company in Eugene has pledged to donate $2 million to construct a facility for homeless teenagers in western Oregon, but the gift will be made in bitcoin.