News tagged with bitcoin

MtGox bitcoin plunges as website disappears

The website of Tokyo-based bitcoin exchange MtGox went down on Tuesday after the value of the virtual unit sank to about a quarter of that on other platforms and Japanese regulators said they were unable to step in.

Feb 24, 2014
not rated yet 1

Probing Question: What is Bitcoin?

In 1729, when he was 23 years old, Benjamin Franklin authored a pamphlet titled "A Modest Inquiry into the Nature and Necessity of a Paper Currency." The revolutionary idea he advocated? Paper money printed ...

Jul 10, 2014
3.4 / 5 (5) 3

China online marketplace Taobao to ban Bitcoins

China's largest online marketplace, Alibaba Group's Taobao, said Wednesday that it would ban the trading of Bitcoin and other virtual currencies from January 14, after a government crackdown on the units.

Jan 08, 2014
not rated yet 3

The bubble bursts on e-currency Bitcoin

Many saw it coming, but that didn't stop the Bitcoin bubble from bursting: after rising to dizzying heights, the digital currency suffered its first true crash this week.

Apr 13, 2013
4.3 / 5 (9) 13

Winklevosses make their own Bitcoin index

Early Bitcoin investors Cameron and Tyler Winklevoss have created their own index of the virtual currency, as they gear up to launch the first publicly traded US Bitcoin fund.

Feb 19, 2014
3.5 / 5 (2) 1