As the technology behind bitcoin develops, we’ll get a system that essentially automates trust and verification.
The price of bitcoin has fallen by $50 in the last 24 hours, dropping below $400 for the first time this year.
Cryptocurrencies now have the same status as commodities such as oil and gold.
Shaun Bridges, 33, appeared in federal court in San Francisco and admitted to money laundering and obstruction of justice.
It’s more impossible than hanging onto an airplane as it takes off.
Around 19,000 bitcoins are reported lost.
The digital currency has faced scandals, theft and a lack of attention over the last twelve months
Federal authorities shut down Silk Road last year, though a new Internet marketplace under the same name was launched in November
The announcement might signal a shift in Japanese attitudes toward virtual currencies
This could be the year of the Bitcoin hedge fund, as the virtual currency’s enthusiasts on Wall Street and beyond search for increasingly innovative ways to profit off its legendary volatility
Karpeles, who lives with his cat, relieves stress by driving around Tokyo at night in a Honda Civic he bought as a company car at Mt. Gox, people close to him said
An online exchange shut down and now a hacker has wiped out a digital wallet company
The bitcoin exchange Mt. Gox said that it lost 850,000 bitcoins because of hacking and has filed for bankruptcy. "I'm very sorry," the CEO said