The value of bitcoin on a Tokyo exchange was less than half that on other platforms Wednesday, two weeks after it suspended withdrawals claiming a bug in the software that underpins the virtual currency.
A freeze on Bitcoin withdrawals imposed by three major exchanges won't cause any long-term harm to the digital currency's credibility, entrepreneurs attending a Bitcoin conference said Wednesday.
Hong Kongers snapped up HK$500,000 ($65,000) in Bitcoin vouchers on Thursday to mark the Lunar New Year in what organisers said was the biggest ever giveaway of the currency—though some were confused about how to use it.
Cumbria University is to allow some students to pay their tuition fees in bitcoin, the digital currency hitherto more associated with drugs and guns.
Las Vegas is getting one more novelty. Starting this week, patrons will be able to use the online currency Bitcoin to pay for rooms, food and drinks at two downtown casinos.
Salt Lake City-based Overstock.com says it's the first major retailer to accept digital Bitcoins as payment for goods.
US basketball outfit the Sacramento Kings said Thursday they would begin accepting Bitcoin, the first professional sports team to accept the virtual currency.
(Phys.org) —Bitcoin transactions may be anonymous, but they're also completely transparent. This makes stealing easier, but cashing in on the theft without getting caught a lot more difficult. That's one of the findings ...
The online currency Bitcoin has shown unexpected success but its future as a broadly accepted exchange medium is limited, according to a report by a global banking group Thursday.