At first the documentary filmmaker thought the virtual currency was 'bananas.'
The auction follows the recent criminal conviction of the mastermind behind the online black market.
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.
When MyCoin suddenly shut down, some $387 million in investor cash bit the dust. Officials suspect that the exchange scammed customers all along.
Backed by the NYSE, the thriving San Francisco startup beat the Winklevii to the punch and is now processing trades in 24 states.
A list of big, important predictions from the investors at venture capital firm Andreessen Horowitz.
See? Bitcoin is not dead.
Weekly News Roundup
Brush up on the latest from Apple, Google, Bitcoin, Etsy and other innovation news in a snap.
Times just got even tougher for the fledgling cryptocash.
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.
Payments and Collections
Officials believe a revamped system would ultimately cut down on the losses the city incurs each year from unpaid violations.
Credit and debit cards may get a little safer, but theft online will grow. And Bitcoin still won't gain big traction.
Bitcoin's awareness and adoption grew by leaps and bounds this year, but its value did the opposite, plummeting by more than 56 percent.
The state's banking regulator says it will soften proposed rules for virtual currencies.
is a decentralized digital currency that can be exchanged directly from peer to peer created by an unknown person who went by the alias “Satoshi Nakamoto” who published the bitcoin payment system in 2009. Some of the advantages of using bitcoin is that purchases can be made without any middle men or transaction fees and can be made anonymously.
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