The Winklevoss brothers gave a keynote talk at Bitcoin 2013, a conference that brought together enthusiasts of the virtual currency. SAN JOSE, Calif. (CNNMoney) The Winklevoss brothers' legal battle with Facebook (FB ) over the social network's messy creation made them rich . They eve...
The Winklevoss brothers' legal battle with Facebook (FB ) over the social network's messy creation made them rich . They eventually walked away with stock worth around $150 million at today's share price. (They haven't disclosed how much of the stock they're still holding.) A few mont...
The Winklevoss brothers' legal battle with Facebook (FB ) over the social network's messy creation made them rich . They eventually walked away with stock worth around $150 million at today's share price. (They haven't disclosed how much of the stock they're still holding.) A few mont...
U.S. law enforcement officials cracked down this week on the Bitcoin economy's biggest exchange, Mt. Gox, accusing its operator of running a money transmitting business without the proper license and freezing several of its key financial accounts. The move sent a brief chill through t...
U.S. law enforcement officials cracked down this week on the Bitcoin economy's biggest exchange, Mt. Gox, accusing its operator of running a money transmitting business without the proper license and freezing several of its key financial accounts. The move sent a brief chill through t...
U.S. law enforcement officials cracked down this week on the Bitcoin economy's biggest exchange, Mt. Gox, accusing its operator of running a money transmitting business without the proper license and freezing several of its key financial accounts. The move sent a brief chill through t...
You can now spend bitcoins at your local mall. But is anyone actually doing that? Last week, bitcoin payment processor BitPay announced a deal with Gyft , a seven-month-old Google Ventures-backed software app that lets users buy and upload retail gift cards to Android-based smartphone...
You can now spend bitcoins at your local mall. But is anyone actually doing that? Last week, bitcoin payment processor BitPay announced a deal with Gyft , a seven-month-old Google Ventures-backed software app that lets users buy and upload retail gift cards to Android-based smartphone...
Global risk consultant Ian Bremmer thinks virtual currencies are here to stay. NEW YORK (CNNMoney) Bitcoin is getting a lot of attention right now. But someone will eventually build a better virtual currency, says global risk strategist Ian Bremmer. "I would be very surprised if Bitco...
Global risk consultant Ian Bremmer thinks virtual currencies are here to stay. NEW YORK (CNNMoney) Bitcoin is getting a lot of attention right now. But someone will eventually build a better virtual currency, says global risk strategist Ian Bremmer. "I would be very surprised if Bitco...
Global risk consultant Ian Bremmer thinks virtual currencies are here to stay. NEW YORK (CNNMoney) Bitcoin is getting a lot of attention right now. But someone will eventually build a better virtual currency, says global risk strategist Ian Bremmer. "I would be very surprised if Bitco...
The code on the left records a bitcoin transaction from July 2011. Converted into text, it generates a portrait of Federal Reserve Chairman Ben Bernanke. NEW YORK (CNNMoney) Here's a little-known quirk of cyber currency Bitcoin: There are coded messages hidden in the ledger that track...
The code on the left records a bitcoin transaction from July 2011. Converted into text, it generates a portrait of Federal Reserve Chairman Ben Bernanke. NEW YORK (CNNMoney) Here's a little-known quirk of cyber currency Bitcoin: There are coded messages hidden in the ledger that track...
Bitcoin prices continue their roller coaster ride. NEW YORK (CNNMoney) Bitcoin prices are back in rally mode, just one week after it looked like the bubble had started to burst. Early Friday, Bitcoin prices traded as high as $136.43 before pulling back to $119.36. That's more than dou...
Bitcoin prices continue their roller coaster ride. NEW YORK (CNNMoney) BItcoin prices are back in rally mode, just one week after it looked like the bubble had started to burst. Early Friday, Bitcoin prices traded as high as $136.43 before pulling back to $119.36. That's more than dou...
Bitcoin prices continue their roller coaster ride. NEW YORK (CNNMoney) Bitcoin prices are back in rally mode, just one week after it looked like the bubble had started to burst. Early Friday, Bitcoin prices traded as high as $136.43 before pulling back to $119.36. That's more than dou...
Trading in Bitcoins on Mt.Gox since Wednesday. NEW YORK (CNNMoney) The price of Bitcoins has plunged more than 75% in the past two days, sparking a rush of activity that overwhelmed trading platforms and suggested the bubble in the virtual currency has burst. Bitcoins were down to $61...
Charlie Shrem (left) and Alex Likhtenstein are partners in the New York City bar EVR, which now accepts Bitcoins as payment for bar tabs. NEW YORK (CNNMoney) Servers at the New York City bar EVR spent Sunday night learning how customers can use the virtual currency Bitcoin to pay thei...
Charlie Shrem (left) and Alex Likhtenstein are partners in the New York City bar EVR, which now accepts Bitcoins as payment for bar tabs. NEW YORK (CNNMoney) Servers at the New York City bar EVR spent Sunday night learning how customers can use the virtual currency Bitcoin to pay thei...
42-year-old media entrepreneur Jeff Berwick hopes to bring Bitcoin ATMs to a city near you soon. Berwick expects to put the first two ATMs in Los Angeles and Cyprus in the next two weeks and is choosing between several different retail locations in both areas. He added that orders are...
Bitcoin prices were very volatile in overnight trading. NEW YORK (CNNMoney) The price of the virtual currency bitcoin, already volatile in recent weeks, went through wild swings in overnight trading Tuesday and Wednesday. According to prices quoted on Mt.Gox, the main trading exchange...
Shares of the cyber-currency bitcoin have surged in the past week as investors seek safe havens following the unprecedented bailout of Cyprus' banks. Bitcoin is an unusual place to seek security. It's a four-year-old digital currency developed by a hacker who still remains anonymous. ...
Shares of the cyber-currency bitcoin have surged in the past week as investors seek safe havens following the unprecedented bailout of Cyprus' banks. Bitcoin is an unusual place to seek security. It's a four-year-old digital currency developed by a hacker who still remains anonymous. ...
Shares of the cyber-currency bitcoin have surged in the past week as investors seek safe havens following the unprecedented bailout of Cyprus' banks. Bitcoin is an unusual place to seek security. It's a four-year-old digital currency developed by a hacker who still remains anonymous. ...
Occupy Wall Street offshoot, Strike Debt, is buying people's emergency room debts for pennies on the dollar and forgiving them. NEW YORK (CNNMoney) Occupy Wall Street offshoot, Strike Debt, announced Friday that it has abolished $1.1 million in medical debt for more than 1,000 people....
Bitcoin sounds like something from science fiction: A purely digital currency, created by an anonymous hacker, that operates outside the world's traditional banking systems. The four-year-old currency is very real, though, and it's trading an all-time high, tripling in value in the la...
Bitcoin sounds like something from science fiction: A purely digital currency, created by an anonymous hacker, that operates outside the world's traditional banking systems. The four-year-old currency is very real, though, and it's trading an all-time high, tripling in value in the la...
Bitcoin sounds like something from science fiction: A purely digital currency, created by an anonymous hacker, that operates outside the world's traditional banking systems. The four-year-old currency is very real, though, and it's trading an all-time high, tripling in value in the la...
Bitcoin sounds like something from science fiction: A purely digital currency, created by an anonymous hacker, that operates outside the world's traditional banking systems. The four-year-old currency is very real, though, and it's trading an all-time high, tripling in value in the la...
If your house is hit by a space object -- such as the remnants of the meteor that stunned people in the Urals region of western Siberia -- it won't be a major hit to your bank account. "Your insurance covers falling objects," said Robert Hartwig, president of the Insurance Information...
