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Financial cryptography

The Biggest Threat to Bitcoin

The Biggest Threat to Bitcoin NEW YORK (AP) — The Bitcoin digital currency system is in danger of losing its credibility as an independent payment system because of the growing power of a group that runs some of the computers behind it. In recent...

Jun 17 2014, 4:55am CDT

The Rise and Rise of Bitcoin Movie Paints Rosy Picture

The Rise and Rise of Bitcoin Movie Paints Rosy Picture Two brothers from Pittsburgh, Pennsylvania, Nicholas and Daniel Mross, are the director and star, respectively, of the first Bitcoin documentary to hit the big screen, getting its premiere at the Tribeca Film Festival...

Apr 25 2014, 2:07am CDT

Could 'Multisig' Help Bring Consumer Protection to Bitcoin Transactions? The bitcoin world, which has never been dull, is getting even more interesting with the growth of multi-signature approaches—called “multisig”—for authorizing transactions. This has the potential to help address one of...

Mar 28 2014, 8:51pm CDT

Warren Buffett Says Bitcoin Is 'A Mirage;' Why Marc Andreessen Thinks He's Wrong Earlier this month, famed dealmaker Warren Buffett warned investors to stay away from Bitcoin, calling it “a mirage,” saying that, while it may be a better way of transmitting money, the “idea that it has some huge...

Mar 26 2014, 7:26pm CDT

The Hottest Cheerleader Photos of 2014 Gallery
Hackers Hit Mt. Gox Exchange's CEO, Claim To Publish Evidence Of Fraud

Hackers Hit Mt. Gox Exchange's CEO, Claim To Publish Evidence Of Fraud The Bitcoin community has been angrily pressing for details on what the Bitcoin exchange Mt. Gox has described as a massive hacker attack that stole hundreds of millions of dollars worth of its users’ bitcoins and left...

Mar 9 2014, 3:51pm CDT

Bitcoin's Keyser Söze Revealed?

Bitcoin's Keyser Söze Revealed? The controversy roiling the Bitcoin community continues with the outing and then cloaking of the man fingered by Newsweek as Bitcoin’s Louis Pasteur. But the unassuming Dorian S. Nakamoto, a Japanese-American man...

Mar 8 2014, 9:00am CST

A Bitcoin founder? Man denies any involvement in the virtual currency

A Bitcoin founder? Man denies any involvement in the virtual currency Dorian Prentice Satoshi Nakamoto: "I got nothing to do with Bitcoin."

Mar 6 2014, 11:37pm CST

AP Exclusive: Man denies he's Bitcoin founder LOS ANGELES (AP) — The man Newsweek claims is the founder of Bitcoin denied he had anything to do with the digital currency. In an exclusive two-hour interview with The Associated Press, Dorian Prentice Satoshi Nakamoto...

Mar 6 2014, 8:26pm CST

Bitcoin Community Responds To Satoshi Nakamoto's Outing

Bitcoin Community Responds To Satoshi Nakamoto's Outing With Disbelief, Anger, Fascination It’s been nearly three years since anyone involved with Bitcoin heard from Satoshi Nakamoto, the inventor of the cryptocurrency that has created fortunes and changed lives. Now it seems that Nakamoto has finally been...

Mar 6 2014, 9:36am CST

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 apparent collapse of...

Feb 28 2014, 3:56am CST

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 medium of exchange....

Feb 25 2014, 6:51pm CST

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 beyond the technology...

Feb 25 2014, 4:41pm CST

Bitcoin Basics For Dummies

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 percent in 2013, more...

Feb 22 2014, 8:16am CST

For Overstock CEO, Bitcoin Isn't Just A Publicity Stunt

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. So when he opens...

Feb 21 2014, 9:31am CST

An open source library launched by BitPay

An open source library launched by BitPay to make it easier to build Bitcoin apps A library launched by the major Bitcoin payments processor for ease of access for developers

Feb 15 2014, 11:48am CST

Bitcoin entrepreneurs bullish despite tech trouble

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 Wednesday. Bitcoin's...

Feb 12 2014, 3:45pm CST

Bitcoin Hit By 'Massive' DDoS Attack As Tensions Rise

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 currency and its...

Feb 12 2014, 6:46am CST

Bitcoin Trading Technology In Question As Currency Dives After Glitch

Bitcoin Trading Technology In Question As Currency Dives After Glitch A software glitch, enabling Bitcoin traders to effectively defraud exchanges, has prompted a severe war of words – between the currency organisation and a Japanese trading venue that questioned whether the core...

Feb 11 2014, 6:26am CST

Bitcoin Charity: Its Biggest-Ever Donation Was Stolen Money

Bitcoin Charity: Its Biggest-Ever Donation Was Stolen Money The head of a Bitcoin charity has admitted accepting a large anonymous donation even though he strongly suspected it was stolen during a raid on a cryptocurrency exchange. Dmitry Murashchik, who goes under the name...

Feb 4 2014, 5:02am CST

The Story Behind 'Milk Road,' The Little Girls' Bitcoin Cookie Stand

The Story Behind 'Milk Road,' The Little Girls' Bitcoin Cookie Stand Last month, a Bitcoin-loving Redditor spotted a cookie and lemonade stand in San Francisco’s Noe Valley that accepted the virtual currency. After buying a Snickerdoodle for a fraction of a Bitcoin, he snapped a photo...

Feb 4 2014, 3:30am CST

Bitcoin's Legality Around The World Last November, the U.S. Senate dove head-first into the world of Bitcoin, prompted by Security and Governmental Affairs Committee Chairman Tom Carper, a Democratic senator from Delaware who has become very interested in...

Jan 31 2014, 8:05pm CST

NY 'Silk Road' bust arrests 2 Bitcoin operators

NY 'Silk Road' bust arrests 2 Bitcoin operators 2 Bitcoin exchangers arrested in 'Silk Road' drug prosecution are charged with conspiracy NEW YORK (AP) — The top executive of a Manhattan-based Bitcoin company and a Florida Bitcoin exchanger have been charged with...

Jan 28 2014, 3:52am CST

 BitInstant CEO Charlie Shrem Arrest shocks Winklevosses, Bitcoin Community

BitInstant CEO Charlie Shrem Arrest shocks Winklevosses, Bitcoin Community This morning, the Bitcoin community was rocked by the news that a vaunted start-up CEO had been arrested for money laundering. BitInstant CEO Charlie Shrem, 24, has been the subject of fawning profiles for his Bitcoin...

Jan 28 2014, 3:25am CST

Google Lets Slip That It's Exploring Possible Bitcoin Integration Plans Since Overstock.com began accepting Bitcoin payments earlier this month, the cryptocurrency community has been buzzing with speculation about which tech company will integrate Bitcoin next.  So Jarar Malik decided...

Jan 23 2014, 2:38am CST

This is the Typical Bitcoin Shopper

This is the Typical Bitcoin Shopper When Overstock began accepting Bitcoins on Jan. 9, it immediately grossed $100,000 in Bitcoin orders, according to its CEO Patrick Byrne. As he told CBS affiliate KUTV in Salt Lake City, “I’ve been hearing from people...

Jan 22 2014, 1:50am CST

Overstock.com Eyes new Market in Bitcoins

Overstock.com Eyes new Market in Bitcoins Salt Lake City-based Overstock.com first major retailer to accept Bitcoin payments SALT LAKE CITY (AP) — Salt Lake City-based Overstock.com says it's the first major retailer to accept digital Bitcoins as payment for...

Jan 21 2014, 2:48am CST

Of Course A Book About Bitcoin Should Be Sold For Bitcoin

Of Course A Book About Bitcoin Should Be Sold For Bitcoin Last spring, people were getting all excited about Bitcoin because its value surged from a movie ticket to a fancy dinner for two in response primarily to Cypriots freaked out that their money was going to be seized by...

Jan 16 2014, 10:26am CST

Bitcoin Breaks Out, You Can Now Pay The IRS In Cryptocurrency

Bitcoin Breaks Out, You Can Now Pay The IRS In Cryptocurrency As bitcoin moves away from being known only to the tech cognoscenti and becomes a real viable currency that is adopted broadly, more organizations arise that look to leverage all this attention and add something of...

Jan 15 2014, 5:21pm CST

$10: One Perspective On What Bitcoin Will Be Worth In 2014

$10: One Perspective On What Bitcoin Will Be Worth In 2014 The Wild West has become a popular metaphor for the unregulated Bitcoin market. Like in old cowboy films, the world of Bitcoin has not only miners and modern a gold rush, but the requisite intrigue, volatility and power...

Jan 15 2014, 3:21pm CST

Bitcoin Anonymity Upgrade Zerocoin To Become An Independent Cryptocurrency

Bitcoin Anonymity Upgrade Zerocoin To Become An Independent Cryptocurrency When a group of cryptographers launched Zerocoin last year, they hoped their cryptography project could upgrade Bitcoin to be as anonymous as its most privacy-focused users have always wanted it to be. Now, after six...

Jan 13 2014, 1:01pm CST