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First Mt. Gox, then Bitstamp: Two of the three largest Bitcoin exchanges by trading volume have halted withdrawals in the past week, following a "massive and concerted attack " by a bot network that has exploited the method by which the Bitcoin network confirms transactions. As a resu...
The wealthiest nations in the world have widely divergent approaches to regulating Bitcoin , and some of them aren't regulating digital currencies at all, according to a report on 40 nations plus the European Union that was prepared by the Law Library of Congress last month. The repor...
PayPal does not want people selling Bitcoin on its platform. It appears that related goods and services, such as Bitcoin mining rigs -- that is, specialized computers designed to mine the cryptocurrency by solving complex math problems -- may also be forbidden. Users on Bitcointalk, a...
The price of Bitcoin dropped sharply today after Mt. Gox announced that it was temporarily halting Bitcoin withdrawals on its trading platform. For months now, some Mt. Gox users have found it difficult to withdraw funds from their accounts; the withdrawal freeze will help Mt. Gox's t...
In the course of testifying before members of the New York State Department of Financial Services on Wednesday, two government prosecutors as much as admitted that Bitcoin represents a technological breakthrough and perhaps is, as many Bitcoin proponents have long argued, a better for...
When it comes to major retailers accepting payment in Bitcoin , Overstock and TigerDirect are only the beginning. This revelation came in testimony by Fred Ehrsam, co-founder of the Bitcoin exchange and wallet service Coinbase , during the second day of hearings organized by New York ...
At the Bitcoin 2013 conference in San Jose, Calif., last May, Michael Terpin noticed something missing. At the conference, digital wallet and Bitcoin exchange service Coinbase had announced a $6.1 million Series A round led by Union Square Ventures. But while venture capital firms suc...
Sometimes the future can sneak up on you. Like when you find out that a startup incorporated in the British Virgin Islands, whose employees live in New Hampshire and whose products are made in Portugal, is selling digital-currency ATMs to Saudi Arabia and Singapore. These are only two...
