Search Results for: bitcoins
Virtual Currency that is rival to Bitcoin, attracts attention and has soared in value
March 28th, 2016
A new virtual gold rush is underway. Even as Bitcoin, riven by internal divisions, has struggled, a rival virtual currency — known as Ethereum — has soared in value, climbing 1,000 percent over the last three months. Beyond the ...
Mizuho to face U.S. lawsuit over Mt Gox bitcoin losses
March 16th, 2016
A U.S. lawsuit accusing Japan’s Mizuho Bank of concealing problems at the now-bankrupt Tokyo-based Mt Gox bitcoin exchange can move forward, a federal judge in Chicago has ruled. U.S. District Judge Gary Feinerman rejected on Monday the bank’s argument ...
Bitcoin Group withdraws from its IPO and ASX listing application
March 10th, 2016
Bitcoin Group Ltd has issued a press release to inform investors in relation to its IPO and ASX listing application. Below is the press release as it was published by the company: The Directors of Bitcoin Group Ltd would firstly ...
Bitcoin Faces Another Hurdle That Points to Trouble Ahead
March 7th, 2016
Bitcoin is going through a rocky patch. While it isn’t anything particularly new for the cryptocurrency, this week’s roadblock with transaction limitations has users and enthusiasts worried. Users have been reporting that their transaction times have been slowing down, in some ...
The First Bitcoin Mining Fund has been launched
March 7th, 2016
Genesis Mining, which provides computer equipment to create bitcoins in the cloud, has launched the world’s first fund that invests in hardware used to create the digital currency, according to Reuters. The company said it registered the fund, called the ...
Russia ranks 5th for number of cryptocurrency users
February 29th, 2016
The four countries ahead of Russia are the United States, where 1.2 mln people uses Bitcoin, followed by China — 355,000 people, the third place is occupied by Germany — 250,000 users Russia ranked 5th in the world for ...
Burger King in the Netherlands Accepts Bitcoin
February 22nd, 2016
The Burger King Arnhem branch also announced that anyone that pays in bitcoin will receive a second burger (Whopper) for free and the restaurant will host bitcoin meetups for tourists and bitcoin enthusiasts. The Netherlands’ Arnhem city is known ...
Operators of Bitcoin Mining Operation Butterfly Labs Agree to Settle FTC Charges
February 19th, 2016
Butterfly Labs and two of its operators have agreed to settle Federal Trade Commission charges that they deceived thousands of consumers about the availability, profitability, and newness of machines designed to mine the virtual currency known as Bitcoin, and ...
Mt. Gox Bankruptcy Claim Update Shows Investigation is Far From Over
February 18th, 2016
Based on the information provided in the report, the investigation regarding the missing Mt. Gox funds is still on-going, and a fair amount of funds have been recovered by the bankruptcy estate so far. Plenty of Bitcoin enthusiasts have ...
New Digital Currency Zcash Promises Total Anonymity and Privacy
February 18th, 2016
The creators of a new digital currency say that mathematical algorithms will ensure that its users keep their transactions counterparties and amounts encrypted. While digital currencies such as Bitcoin are known for their pseudonymity, it is often possible to ...
