Japan minister calls bitcoin ‘collapse’ expected


TOKYO (AP) — Japan's finance minister scoffed at bitcoin woes as inevitable Friday, and Vietnam banned the virtual currency, but enthusiasm was undimmed among its supporters in the aftermath of the...

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


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?


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


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...

Once Mighty Bitcoin Exchange Mt. Gox Is Offline, Likely Dead


Mt. Gox, the one-time monarch of the Bitcoin kingdom, appears to be dead, or at least in a very serious coma. The troubled exchange for the volatile crypto-currency has been offline since at least 10...

Bitcoin Basics For Dummies


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


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...

Bitcoin entrepreneurs bullish despite tech trouble


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


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...