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."
The bitcoin world kicked into high gear Friday as the US government began auctioning some of the virtual currency seized in an FBI investigation of dark Web bazaar Silk Road.
The Bitcoin digital currency system is in danger of losing its credibility as an independent payment system because of the growing power of a group that runs some of the computers behind it.
The holding company of collapsed virtual currency exchange MtGox is looking to sell the trademark to the word Bitcoin, The Wall Street Journal said Wednesday.
Some 200 virtual currency enthusiasts excitedly traded namecards and participated in panel discussions Saturday at China's first-ever Global Bitcoin Summit—but several expressed shock that the event was given the green ...
Failed Bitcoin exchange MtGox, whose spectacular collapse hammered the digital currency's reputation, is to be liquidated after a Japanese court on Thursday ordered the start of bankruptcy proceedings, said a lawyer appointed ...
A Japanese court Wednesday placed failed Bitcoin exchange MtGox in administration, with an order for bankruptcy expected to be issued soon, its administrator and chief executive said.
One of Australia's biggest banks confirmed Thursday it was distancing itself from digital currencies after reviewing its risk profile.
The head of the Bank of Japan on Tuesday cast doubt on Bitcoin's future, saying the scandal-plagued digital unit "cannot be a currency" unless it proves its reliability.
The boss of a Bitcoin company in Cyprus has fled abroad days after it suddenly stopped operations, in a blow to the virtual currency's once vaunted prospects on the island.