Tag Archives: Electronic money

Mt. Gox CEO Mark Karpeles: ‘I Am Still In Japan’

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Mark Karpeles, the chief executive of troubled Bitcoin exchange Mt Gox, has sought to calm market concerns by insisting he remains in Japan, where the company is based. Karpeles says he is working...

Will Bitcoin Survive This Test?

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Since its inception, Bitcoin has survived several tests. In the beginning, came the user test. The digital currency passed it, as many companies and organizations began to accept Bitcoins as a...

Collapse of exchange spells trouble for bitcoin

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TOKYO (AP) — The sudden disappearance of one of the largest bitcoin exchanges only adds to the mystery and mistrust surrounding the virtual currency, which was just beginning to gain legitimacy...

Bitcoin Basics For Dummies

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Bitcoin technology was unleashed on the World Wide Web about five years ago, but 2013 marked a time of unprecedented growth for the digital currency. As the price of a bitcoin increased over 6000...

For Overstock CEO, Bitcoin Isn’t Just A Publicity Stunt

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To get to Patrick Byrne’s house in Utah, one will drive by snow-covered trailers and the rusted-out trucks from which they’ve been unhitched. Overstock’s CEO does not live in a glamorous neighborhood...

An open source library launched by BitPay to make it easier to build Bitcoin apps

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The concept of bitcoin is not a completely new phenomenon and after being around for almost five years, they are being recognized by everyone. The reason for its popularity is that its user base has...

Bitcoin entrepreneurs bullish despite tech trouble

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BERLIN (AP) — A freeze on Bitcoin withdrawals imposed by three major exchanges won't cause any long-term harm to the digital currency's credibility, entrepreneurs attending a Bitcoin conference said...

Bitcoin Hit By ‘Massive’ DDoS Attack As Tensions Rise

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A “massive” distributed denial of service (DDoS) attack is hitting Bitcoin, according to trading venues, in what has been a tense week over alleged flaws in the various systems run by the virtual...

Bitcoin Trading Technology In Question As Currency Dives After Glitch

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A software glitch, enabling Bitcoin traders to effectively defraud exchanges, has prompted a severe war of words – between the currency organisation and a Japanese trading venue that questioned...