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 ...
Bitcoin exchange MtGox faced 150,000 attacks per second: report
Bitcoin exchange MtGox faced massive hacker offensives last month, coming under some 150,000 DDoS attacks per second for several days ahead of its spectacular failure, a report said Sunday.
Ecuador heralds digital currency plans (Update)
Ecuador is planning to create what it calls the world's first digital currency issued by a central bank, which some analysts believe could be a first step toward abandoning the country's existing currency, ...
Bitcoin faces biggest threat yet: a miner takeover
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.
States debate digital currency
Now that consumers can use digital currencies like bitcoin to buy rugs from Overstock.com, pay for Peruvian pork sandwiches from a food truck in Washington, D.C., and even make donations to political action committees, states ...
Australian claims huge bitcoin robbery
An Australian man claimed Friday to be the victim of a massive bitcoin robbery, saying hackers had stolen more than one million dollars of the digital currency from his website.
Dark Web bazaar Silk Road touts reopening
Silk Road, the online black market bazaar for drugs, hacker tools and other illicit goods, says it is back a month after the FBI took down the website.
University's bitcoin gimmick masks accountability problem with online currency
Cumbria University is to allow some students to pay their tuition fees in bitcoin, the digital currency hitherto more associated with drugs and guns. ...
Tip jar goes digital with Bitcoin startup
Amid the roiling sea of gadgetry at the Consumer Electronics Show was a contingent of Bitcoin startups intent on bringing the controversial digital currency mainstream.
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 ...
Entrepreneurial teen mines bitcoins, pays father for the power
One sign that Evan Neal isn't your typical 16-year-old: He contributes several hundred dollars toward the monthly electric bill at his father's house to cover the cost of running his energy-hungry computer equipment.
Is bitcoin the wave of the future or a dangerous fad?
As customers ate lunch at a popular restaurant in Washington's Adams Morgan neighborhood, few had any inkling they were on the front lines of an international monetary war that's featured FBI raids, the Deep ...
Vegas casinos now accepting cybercurrency Bitcoin
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.
Banking group sees limited future for Bitcoin
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.