Cameron and Tyler Winklevoss are known as those who invested millions in the Bitcoin virtual currency; the twins are strongly convinced that Bitcoin will stay alive only if it has regulatory control.
Amazon Inc. has announced that it has reached an agreement to acquire Israeli chip maker Annapurna Labs Ltd., as a potential boost to its rapidly growing subsidiary which rents computing power to other companies.
Reid Hoffman, founder and CEO of LinkedIn, says that his hopes rest on the digital currency which is able to show all the advantages of banking to those who still don’t get benefit from it.
On January 20, a New York court handed a four-year prison sentence to a Florida Bitcoin exchanger who was selling virtual currency used to buy drugs on the Silk Road website.
Coinbase has raised $75 million in Series C financing, the largest funding round to date for a Bitcoin company.
Ross Ulbricht, the creator of the Silk Road online black marketplace, is facing a number of federal charges related to allegations that he facilitated the illegal activity of marketplace users.
The major UK banks warned bitcoin could negatively impact the financial system and currency in a submission to the UK Treasury.
The North American Bitcoin Conference (TNABC) has been opened on Saturday morning, January 17th, 2015, in the Fillmore Theater in Miami.
Bitcoin price plunged below the $200 mark yesterday, which without a doubt is causing many Bitcoin enthusiasts a bit of concern. The currency has been plunging steadily since the holiday and is now at or below the level set when bitcoin exchange Mt.Gox crashed.
Bitcoin is getting off to a poor start in 2015 after a rough ride last year as the price falls to 20-month low.
The alleged owner of online black market Silk Road may experience life in prison if convicted in a trial where the members of the jury will hear accusations.
Bitcoin exchange Bitstamp confirmed Monday, January 06, 2015, about $5 million in bitcoins was stolen from its hot wallets. The exchange was taken offline after the theft of 18,866 bitcoins was discovered.
The Yomiuri Shimbun reported that most of bitcoins dissapeared from Mt. Gox were as a result of fraud, despite the company’s claims it was due to hacker attacks.
BitPay-sponsored Bitcoin St. Petersburg Bowl became the most watched program broadcasted on December 26.
Coinbase is tracing the consumers’ spending with the use of cryptocurrency acquired through its service.