Bitcoin

Crooked Silk Road Investigator Arrested Again
Legal

Crooked Silk Road Investigator Arrested Again

The former Secret Service agent who was caught stealing bitcoins during the Silk Road case appeared to be fleeing the country ahead of a nearly 6-year sentence.
10 People Arrested in Connection With Bitcoin Money Laundering Scheme
Bitcoin

10 People Arrested in Connection With Bitcoin Money Laundering Scheme

The 10 men, all in their 20s and with Dutch nationality, were arrested in coordinated raids at 15 locations across the Netherlands.
Prominent Bitcoin Developer Declares the Digital Currency a Failure
Bitcoin

Prominent Bitcoin Developer Declares the Digital Currency a Failure

'The fundamentals are broken and whatever happens to the price in the short term, the long-term trend should probably be downwards,' developer wrote.
Kia Kokalitcheva
Mike Tyson and His Face Tattoo Will Represent New Bitcoin Digital Wallet Product
Make More Happen

Mike Tyson and His Face Tattoo Will Represent New Bitcoin Digital Wallet Product

'Mike Tyson's Digital Wallet' is a mainstream service that lets consumers buy and sell bitcoin at any bitcoin ATM.
Has the True Identity of the Bitcoin Founder Finally Been Revealed?
Bitcoin

Has the True Identity of the Bitcoin Founder Finally Been Revealed?

The latest name to float to the surface in the hunt for Satoshi Nakamoto is Craig Steven Wright, an Australian entrepreneur and academic.
Nina Zipkin
EU Cracks Down On Bitcoin, Anonymous Payments Systems to Curb Terrorism Funding
Security

EU Cracks Down On Bitcoin, Anonymous Payments Systems to Curb Terrorism Funding

EU interior and justice ministers will gather in Brussels on Friday for a crisis meeting in the wake of the Paris attacks.
Bitcoin Hits $300 Mark
Digital Currencies

Bitcoin Hits $300 Mark

The last time the cryptocurrency was priced this high was in July.
Daniel Roberts
Bitcoin Is Now Tax Free in Europe
Bitcoin

Bitcoin Is Now Tax Free in Europe

The European Court of Justice ruled the virtual currency can be treated in the same way as traditional money.
Matt Clinch
New York Just Issued Its First BitLicense
Bitcoin

New York Just Issued Its First BitLicense

A bitcoin startup called Circle Internet Financial is now permitted to offer digital currency services in the state.
Bitcoin Is Now Classified as a Commodity in the U.S.
Bitcoin News

Bitcoin Is Now Classified as a Commodity in the U.S.

The digital currency has the same designation as gold or oil.
Matt Clinch
Japanese Court: Bitcoin Can't Be Owned, People Can't Sue Mt. Gox for Compensation
Bitcoin

Japanese Court: Bitcoin Can't Be Owned, People Can't Sue Mt. Gox for Compensation

A judge ruled that bitcoins don't have the 'tangible qualities' needed to constitute owned property by Japanese law.
Ex-CEO of Defunct Bitcoin Exchange Mt. Gox Arrested in Japan
Crime

Ex-CEO of Defunct Bitcoin Exchange Mt. Gox Arrested in Japan

Hundreds of millions of virtual currency dollars are missing.
Tech Glitches Ground Planes, Freeze the NYSE: This Week's Headlines (VIDEO)
Weekly News Roundup

Tech Glitches Ground Planes, Freeze the NYSE: This Week's Headlines (VIDEO)

Plus: CitiGroup dips its toe in Bitcoin's pond and how Elon Musk's money is being used to protect AI from obliterating humanity.
Tanya Benedicto Klich
Citigroup Is Testing Its Own Bitcoin: 'Citicoin'
Money

Citigroup Is Testing Its Own Bitcoin: 'Citicoin'

Taking a page out of Bitcoin's playbook, the banking giant is exploring innovative ways to transact across borders without a bank account.
Kim Lachance Shandrow
Bitcoin
Bitcoin 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.