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.
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.
The European Union's banking watchdog on Friday issued a warning over virtual currency trading amid huge swings in the value of Bitcoin, a lack of regulation and money laundering risks.
The Obama administration is joining with private companies in a partnership aimed at training enforcement officials about the virtual currency Bitcoin and fighting crime arising from its use.
Anyone interested in modern technology has heard of the digital currency called Bitcoin, even if few people understand how it works.
The UK government has shown its intention to regulate bitcoin and other digital currencies, drawing them into the realms of financial regulation applied to banks and other financial services. But bitcoin is not a bank or ...
The rise of electronic currency will lead to the phasing out of physical cash in Australia within a decade, according to Professor Rabee Tourky, Director of the Australian National University (ANU) Research School of Economics.
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 Web, allegations ...
Several sensational scandals in the United States and abroad have increased U.S. and foreign governments' scrutiny of bitcoin, an expanding digital currency that critics say is ripe for criminal abuse.