News tagged with bitcoins

US government sues Kansas bitcoin business

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.

Sep 24, 2014
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The economy of bitcoins

The massive spread of the cryptocurrency or digital currency, Bitcoin, opens up new pathways for researchers to study social action on markets. This reveals interesting feedback between the exchange rates ...

Aug 07, 2014
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Bitcoin ATM builder targets money-transfer business

In a makeshift office - a living room crowded with desks, monitors and a beanbag chair - programmers are hacking away on computers, aiming to make their mark on the multibillion-dollar financial services industry.

Jul 10, 2014
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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
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Venture capitalist wins US bitcoin auction

A California venture capitalist announced Wednesday he won the US government auction of bitcoins, and plans to use them to help emerging economies that are "hamstrung by weak currencies."

Jul 02, 2014
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US Marshals to auction seized bitcoin

The U.S. Marshals Service said Thursday it will auction roughly $18 million in bitcoins seized last fall from Silk Road, a website that was effectively the eBay of illegal drugs.

Jun 12, 2014
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