Chinese police nab suspects after $87 mn cryptocurrency theft

Chinese police have arrested three suspects alleged to have stolen assets worth 600 million yuan ($87 million) through hacking, state media reported Sunday, as cyber criminals target holders of bitcoin and other virtual currencies.

Bitcoin exchange brings on technology chief

A bitcoin exchange headed by Cameron and Tyler Winklevoss announced Friday it hired a former New York Stock Exchange executive to head its technology team as it seeks to bring cryptocurrency to a wider market.

Bitcoin hits 4-month low after currency exchange theft

The price of bitcoin has fallen to a four-month low of $6,370, days after South Korean virtual currency exchange Coinrail said hackers had stolen over $37 million, or almost a third of the virtual currency it had stored.

Zimbabwe warns against cryptocurrencies

Zimbabwe's central bank on Monday warned against trading in cryptocurrencies, saying virtual currencies such as bitcoin were not regulated in the country.

Quebec wary of bitcoin gold rush

At the site of a former cocoa factory in Canada's Quebec province, tiny holes punctured in the walls of a warehouse allow fresh air to cool thousands of whirring processors connected by a tangle of wires.

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