News tagged with digital currency

Bitcoin 'mining pool' promises to stay small

The largest group of bitcoin miners, which maintains and processes transactions in the digital currency, is promising to avoid majority control of the currency as a temporary measure to maintain the payment system's credibility.

dateJul 17, 2014 in Internet
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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 ...

dateJul 10, 2014 in Internet
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MtGox says co-operating with Tokyo police

Failed Bitcoin exchange MtGox said Wednesday it has submitted "electronic records" and other documents to the Tokyo police after it collapsed in February admitting losing half a billion dollars' worth of the digital currency.

dateMar 26, 2014 in Business
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Nakamoto hires lawyer in Newsweek bitcoin fight

The man Newsweek claimed is the creator of bitcoin has hired a lawyer in an attempt to clear his name, repeating a denial he made to The Associated Press more than a week ago that he has never had anything to do with the ...

dateMar 17, 2014 in Internet
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