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Someone in 2010 Bought 2 Pizzas With 10,000 Bitcoins -- Which Today Would Be Worth $20 Million

On May 22, 2010, a developer bought two pizzas using 10,000 units of a then-little-known digital currency called bitcoin. Today, 10,000 bitcoins are worth more than $20 million. Bitcoin is going nuclear. Its price is tearing upward, with each bitcoin worth $2,128 — a little shy of its all-time-high of $2,185 reached earlier Monday morning. Just a year ago, it was trading at just

6 Cryptocurrencies You Should Know About (and None of Them Are Bitcoin)

In the 21st century, money is no longer limited to bills, coins and credit cards. In fact, some money is truly international — not owned by any particular government — and regulated “by the people” instead of a central entity. It also exists wholly on the internet. This type of money is called cryptocurrency. You may have heard of or

Billionaire Investor Draper Leads $4.2 Million Funding in Blockchain Startup

Texas-based Factom Inc., a blockchain technology company that secures data, said on Wednesday it has raised $4.2 million in financing from a slew of global investors led by billionaire investor Tim Draper. Blockchain technology powers the digital currency bitcoin and enables data-sharing across a network of individual computers. It has gained worldwide popularity due to its perceived usefulness in recording and