Bitcoin

If Craig Wright is who he says he is, the Australian entrepreneur is the creator of bitcoin previously known only by the pseudonym Satoshi Nakamoto — who is supposedly worth about 1 million bitcoins, or some $450 million. But how exactly do you use That's because bitcoin, the digital currency, has largely been supplanted by … Read more

Banks mostly aren't interested in bitcoin, but they are interested in the software that runs the digital currency — the blockchain. Banks run on systems that were in some cases built decades ago and as a result are slow, costly and cumbersome. The In what appears to be a first for Hollywood, moviegoers will be … Read more

The US Securities and Exchange Commission (SEC) has settled with Sand Hill Exchange, an experimental stock market that used bitcoin. Sand Hill, a Boost VC graduate that began operating late last year, agreed to pay a $20,000 settlement for alleged  Bitcoin's biggest problem is still the threat of a 51% attack, according to Dr Dirk … Read more

Coinbase has announced the launch of its Instant Exchange, which will allow users to buy and sell bitcoin whilst protecting them against the digital currency's price volatility. Users with euro, dollar or pound Coinbase accounts will be able to Bitcoin has finally broken above the noted 50 day Exponential Moving Average (EMA) at US$233 and … Read more

By way of background, Bitcoin is a crypto-currency that has gained notoriety in recent months due to its rising exchange value and relation to illegal transactions. Each Bitcoin is defined by a public address and a private key,  TOKYO — The Mt. Gox bitcoin exchange in Tokyo filed for bankruptcy protection Friday and its chief … Read more

By way of background, Bitcoin is a crypto-currency that has gained notoriety in recent months due to its rising exchange value and relation to illegal transactions. Each Bitcoin is defined by a public address and a private key,  Effective immediately, Mt. Gox has submitted their resignation from the board of directors. We are grateful for … Read more

Things are not getting much better for MtGox, the once-largest Bitcoin exchange on the internet. The company has reportedly been subpoenaed by federal investigators in the United States, and their CEO has asked  Editor's note: Brian Armstrong is the co-founder and CEO of Coinbase, a leading consumer, merchant, and developer platform for Bitcoin purchasing, selling, … Read more

Things are not getting much better for MtGox, the once-largest Bitcoin exchange on the internet. The company has reportedly been subpoenaed by federal investigators in the United States, and their CEO has asked  Manchin, who is a member of the Senate banking committee, suggested in the letter — titled "Manchin Demands Federal Regulators Ban Bitcoin" … Read more

SINGAPORE (Reuters) – The apparent collapse of Tokyo-based bitcoin exchange Mt. Gox isn't bothering Anthony Hope and others who have ditched steady careers in government and finance to build bitcoin companies – and who stand to lose money they  The eye of big finance is finally turning towards cryptocurrency. Responding to requests from clients, Goldman … Read more