It could well be the largest investment raised for a startup in the virtual-currency space.
Once approved, the licenses would add to a nascent digital currency industry taking hold in New York.
'I do not have the courage. I cannot,' Wright wrote in a blog post.
Blockchain, the technology that underlies Bitcoin, is generating interest from investors.
Tech entrepreneur Craig Wright told the news organization that he is the man behind the pseudonym Satoshi Nakamoto.
Digital payments in gold are on the rise, thanks to innovative Canadian startup BitGold. This payment system, in fact, could change everything.
There is currently a lot of debate within the community about Bitcoin's long-term technical viability, as the system is designed now.
The cybersecurity guru says that government needs to find a way to work with companies like Bitcoin.
Paying the ransom was the "quickest and most efficient way" of regaining access to the affected systems, hospital president said.
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.
The 10 men, all in their 20s and with Dutch nationality, were arrested in coordinated raids at 15 locations across the Netherlands.
'The fundamentals are broken and whatever happens to the price in the short term, the long-term trend should probably be downwards,' developer wrote.
Take It From The Pros
'Mike Tyson's Digital Wallet' is a mainstream service that lets consumers buy and sell bitcoin at any bitcoin ATM.
The latest name to float to the surface in the hunt for Satoshi Nakamoto is Craig Steven Wright, an Australian entrepreneur and academic.
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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