Bitcoin

This April 3, 2013 file photo shows bitcoin tokens. (AP Photo/Rick Bowmer, File)

US agency warns consumers about Bitcoin risks

WASHINGTON (AP) — Federal regulators are warning consumers about the risks of using virtual currencies such as Bitcoin. The Consumer Financial Protection Bureau said Monday that it will begin fielding complaints from people who rely on […]

08/11/2014

Dorian S. Nakamoto, who Newsweek claims is the founder of Bitcoin, listens during an interview with the Associated Press, Thursday, March 6, 2014 in Los Angeles. (AP Photo/Damian Dovarganes)

Nakamoto hires lawyer in Newsweek bitcoin fight

LOS ANGELES (AP) — The man Newsweek claimed is the creator of bitcoin has hired a lawyer in an attempt to clear his name, repeating a denial he made to The Associated Press more than […]

03/17/2014

Dorian S. Nakamoto, who Newsweek claims is the founder of Bitcoin, listens during an interview with the Associated Press, Thursday, March 6, 2014 in Los Angeles. (AP Photo/Damian Dovarganes)

Controversy marks Newsweek’s comeback

NEW YORK (AP) — A mystery man. A splashy reveal. A media frenzy. Newsweek staked its return from the dead on a story it knew would get attention. A cover story claiming it had uncovered […]

03/08/2014

Dorian S. Nakamoto smiles during an interview with the Associated Press, Thursday, March 6, 2014 in Los Angeles. (AP Photo/Nick Ut)

Man said to create bitcoin denies it

LOS ANGELES (AP) — Dorian Prentice Satoshi Nakamoto said Thursday that he is not the creator of bitcoin, adding further mystery to the story of how the world’s most popular digital currency came to be. […]

03/07/2014

Penny and Phil Sound Bite

What is a Bitcoin ?

BitCoin, the virtual currency has been in the news a lot lately from stories about it’s alleged founder Temple City resident Satoshi Nakamoto to the bankruptcy of it’s Japanese exchange, Mt. Gox.  But what is BitCoin and […]

03/07/2014

This April 3, 2013 file photo shows bitcoin tokens. (AP Photo/Rick Bowmer, File)

CEO of bitcoin exchange found dead in Singapore

SINGAPORE (AP) — The American CEO of a virtual currency exchange was found dead near her home in Singapore. A police spokesman said Thursday that initial investigations indicated there was no suspicion of “foul play” […]

03/06/2014

This April 3, 2013 file photo shows bitcoin tokens. (AP Photo/Rick Bowmer, File)

Tokyo bitcoin exchange files for bankruptcy

TOKYO (AP) — The Mt. Gox bitcoin exchange in Tokyo filed for bankruptcy protection Friday and its chief executive said 850,000 bitcoins, worth several hundred million dollars, are unaccounted for. The exchange’s CEO Mark Karpeles […]

02/28/2014

Bitcoin trader Kolin Burges, right, of London and American Aaron (only his first name was given) hold protest signs as they conduct a sit-in in front of the office tower housing Mt. Gox in Tokyo Tuesday, Feb. 25, 2014. (AP Photo/Kaori Hitomi)

Major bitcoin exchange said to be insolvent

TOKYO (AP) — One of the world’s largest bitcoin exchanges has seemingly disappeared, delivering a severe blow to the virtual currency as it struggles to gain legitimacy. A coalition of virtual currency companies said Tuesday […]

02/25/2014

Feb. 12, 2014: Attendees of the Inside Bitcoins conference in Berlin examine Bitcoin buttons. (AP Photo/Frank Jordans, File)

What’s a bitcoin? A look at the digital currency

LONDON (AP) — Early Tuesday, the world’s most established exchange for Bitcoin disappeared from the Internet, sending the price of the virtual currency tumbling and prompting fears that the world’s biggest experiment in electronic cash […]

02/25/2014

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