Fraudulent schemes have scammed at least $11 million in Bitcoin deposits from unsuspecting cyber customers over the past four years, according to new cyber security research from Southern Methodist University, Dallas.
It is traded on special stock exchanges and is accepted not only by various online shops, but also by thousands of brick-and-mortar stores across the globe: the virtual currency Bitcoin. The users benefit from its advantages: ...
A Florida bitcoin exchanger who admitted he enabled the digital currency to be funneled to the black market website Silk Road for drug sales was sentenced on Tuesday to four years in prison.
As customers ate lunch at a popular restaurant in Washington's Adams Morgan neighborhood, few had any inkling they were on the front lines of an international monetary war that's featured FBI raids, the Deep Web, allegations ...
Several sensational scandals in the United States and abroad have increased U.S. and foreign governments' scrutiny of bitcoin, an expanding digital currency that critics say is ripe for criminal abuse.
In his graduation research, computer science student Krzysztof Okupski has developed software to encrypt messages with the Bitcoin network. Using his software, it costs around 50 cents to send an A4 page of text. This easily ...
Bitcoin is the new money: minted and exchanged on the Internet. Faster and cheaper than a bank, the service is attracting attention from all over the world. But a big question remains: are the transactions really anonymous?
Scientists have crunched data to predict crime, hospital visits, and government uprisings—so why not the price of Bitcoin?
A bitcoin company that was shut down after being sued by the U.S. government will be allowed to resume some of its business, a federal judge has ruled.
A company that offered bitcoin-generating computers is being sued by the U.S. Federal Trade Commission, which said it bilked more than 20,000 consumers out of as much as $50 million.