When mainstream traders begin to request that bitcoin price data be added to services like Yahoo! Finance and Google Finance, it’s hard to make the case that digital currencies are purely a fringe investment. As of today, bitcoin prices are now listed right alongside the major world currencies like the Euro and the Yen. Simply…
Yesterday, Google’s Chrome team removed and automatically uninstalled popular browser-extension bitcoin wallet KryptoKit, leaving thousands of users without access to their bitcoins. Google cited vague “terms of service” violations as the cause, but otherwise provided no explanation for their actions. The developers quickly cried foul over the move, and within hours Google relented, restoring the…
As the line between plugin-based web apps and dedicated desktop programs blur, browser-powered plugins have become increasingly popular. One of the best known and most trusted of these is a Chrome extension called KryptoKit, which works as both a bitcoin wallet and an encrypted messaging system. With over 6,100 users and a nearly 5-star rating,…
Speaking at SXSW yesterday, Google’s Director of Ideas, Jared Cohen, claimed that Bitcoin-like payment system are clearly not going away. “I think it’s very obvious to all of us that cryptocurrencies are inevitable,” Cohen said. “There’s lots of value to it, [but] there’s a danger to it not being regulated.” While Cohen does believe that…