Bitcoin

Bitcoin
Bitcoin is a decentralized digital currency that can be exchanged directly from peer to peer. Unlike modern fiat money, Bitcoin, which has often been called 'cash for the Internet,' is not printed like dollars or other fiat currency and it is not controlled, backed or distributed by any bank or central government authority. An estimated 11 million bitcoins are in circulation today, though only 21 million bitcoins can ever be created.
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News and Articles About Bitcoin

U.S. Marshals to Auction 50,000 Bitcoins From Silk Road
Bitcoin

U.S. Marshals to Auction 50,000 Bitcoins From Silk Road

The auction follows the recent criminal conviction of the mastermind behind the online black market.
Why This Internet Pioneer Believes Bitcoin Has the Power to Break the Cycle of Poverty
Bitcoin

Why This Internet Pioneer Believes Bitcoin Has the Power to Break the Cycle of Poverty

At 20, Wences Casares launched Argentina's first Internet service provider. Now 40, and with several successful startups under his belt, the serial entrepreneur is on a mission to bring financial security to underserved communities through Bitcoin.
Kim Lachance Shandrow
Hong Kong's Central Bank Warns Against Investing in Bitcoin in Wake of Alleged Pyramid Scheme
Bitcoin

Hong Kong's Central Bank Warns Against Investing in Bitcoin in Wake of Alleged Pyramid Scheme

When MyCoin suddenly shut down, some $387 million in investor cash bit the dust. Officials suspect that the exchange scammed customers all along.
Kim Lachance Shandrow
Coinbase Just Launched America's First Regulated Bitcoin Exchange
Bitcoin

Coinbase Just Launched America's First Regulated Bitcoin Exchange

Backed by the NYSE, the thriving San Francisco startup beat the Winklevii to the punch and is now processing trades in 24 states.
Kim Lachance Shandrow
16 Startup Trends That Will Be Huge in 2015
Predictions

16 Startup Trends That Will Be Huge in 2015

A list of big, important predictions from the investors at venture capital firm Andreessen Horowitz.
Why Etsy's Rumored IPO Matters: Your Weekly News Roundup
Weekly News Roundup

Why Etsy's Rumored IPO Matters: Your Weekly News Roundup

Brush up on the latest from Apple, Google, Bitcoin, Etsy and other innovation news in a snap.
Tanya Benedicto Klich
Bitcoin Continues Downward Spiral, Plunges Below $200
Bitcoin

Bitcoin Continues Downward Spiral, Plunges Below $200

Times just got even tougher for the fledgling cryptocash.
Kim Lachance Shandrow
Bitstamp Expected to Resume Trading Within Hours
Bitstamp

Bitstamp Expected to Resume Trading Within Hours

The Bitcoin exchange, which shut down following a security breach, says it will begin trading the virtual currency again within the next day or so.
NYC Wants Drivers to Pay For Parking Tickets Via Apple Pay, Mobile Apps and Bitcoin
Payments and collections

NYC Wants Drivers to Pay For Parking Tickets Via Apple Pay, Mobile Apps and Bitcoin

Officials believe a revamped system would ultimately cut down on the losses the city incurs each year from unpaid violations.
Geoff Weiss
EMV, CNP, OMG: Big Things Are on the Way in 2015 for Financial Tech
Technology

EMV, CNP, OMG: Big Things Are on the Way in 2015 for Financial Tech

Credit and debit cards may get a little safer, but theft online will grow. And Bitcoin still won't gain big traction.
Matt Rothstein
Bitcoin Named Worst-Performing Currency of 2014
Bitcoin

Bitcoin Named Worst-Performing Currency of 2014

Bitcoin's awareness and adoption grew by leaps and bounds this year, but its value did the opposite, plummeting by more than 56 percent.
Kim Lachance Shandrow
New York Regulator Lays Out Tweaks to Bitcoin Rules
Bitcoin

New York Regulator Lays Out Tweaks to Bitcoin Rules

The state's banking regulator says it will soften proposed rules for virtual currencies.
Microsoft Is Now the Largest Company in the World to Accept Bitcoin
Bitcoin

Microsoft Is Now the Largest Company in the World to Accept Bitcoin

When Bill Gates boosts Bitcoin, Microsoft listens.
Kim Lachance Shandrow