virtual currency

PayPal, the international e-commerce business that allows to do payments and money transfers through the Internet, had not much of a relationship with the virtual currency Bitcoin. But now, PayPal has announced that it has partnered with three leading Bitcoin payments processors - BitPay, Coinbase and GoCoin - in order to enable limited support for…

Norwegian student named Kristoffer Koch bought some Bitcoins for $27 in 2009. Interestingly the coins have now brought him a luxurious apartment.

Bitcoin is the new bubble in the virtual financial space. The meteoric rise of Bitcoin valuation has lured in investors. tech geeks and crooks to the virtual currency market. The virtual currency market is currently on a rollercoaster ride where the fittest will survive only. The latest example of this is Bitcoin exchange BitFloor’s decision to…

The encrypted digital currency Bitcoin is rising pretty fast. Though it already run into a lot of issues, still it already managed to pass $1 billion in total value.

A number of virtual currency systems are already in use around the globe. Amazon has joined that league by announcing its own virtual currency called 'Amazon Coins.' At the time of its launch, Amazon Coins will be available only to the U.S. customers and could be used by Kindle Fire users to pay for apps and in-app purchases.

BitCoin is a very popular type of virtual currency which is often used in peer-to-peer transactions. It is usually used when transactions are meant to be secret and not taxable. A number of virtual exchanges work to aid the users who transact in BitCoins. One such exchange, BitCoinica, had to face two hack attacks recently. And, it's now under…

Bitcoin is a popular electronic cash system that enables users to carry out irreversible transactions which are controlled through a lot of authenticity tools. For long, the option of acquiring Bitcoins was not available to users in Middle East and North Africa (MENA). Bitcoin Nordic has finally introduced a system to do so for users residing in…

World's most popular web game FarmVille now supports the Facebook Credits virtual currency. The game has added in-game currency. It's a new credit based system. Now it's the default buying option in FarmVille. If you want to use the other two systems, you can change it. The popular online game uses two units of in-game currency: Farm Cash and…