We often confuse digital currency with digitized currency. The world is changing rapidly, evolving every day. And since the Covid-19 pandemic digitized money is being promoted to that, the spread of the
A hacker shut down four New Jersey Internet gambling sites for half an hour last week and threatened more cyber-attacks over the holiday weekend unless a ransom was paid using the online
New York’s powerful banking regulator Benjamin Lawsky said Wednesday that digital currencies like Bitcoin pose a major challenge, but should not be stifled. Lawsky, the outgoing superintendent of the state’s Department of
In a fresh possible headache for regulators, including in India, ‘gold for Bitcoin’ trades are emerging as a new fad in the world of anonymous transactions, fuelling further the appetite for virtual
Bitcoin investors voiced anger Wednesday after the first creditors’ meeting for failed Tokyo trading exchange Mt. Gox, whose spectacular collapse hammered the digital currency’s reputation and left a trail of unanswered questions.
Banks in the European Union should refrain from offering customer accounts in virtual currencies like Bitcoins until regulatory safeguards are in place, the bloc’s banking watchdog said on Friday. The EU’s executive European
Europe should update its laws to reflect the rise of digital currencies, the head of a Bitcoin start-up said, after a successful U.S. auction of Bitcoins was seen as a sign of
A list of potential bidders for the Bitcoin auction was accidentally leaked by the U.S. Marshals Service on Wednesday, according to the agency. The Marshals Service confirmed that it accidentally released the
The co-owner of two Bitcoin-related Websites is paying almost $51,000 to settle federal civil charges that he sold shares in the businesses without registering them as securities offerings. The Securities and Exchange
U.S. and Canadian customers of failed Tokyo-based Bitcoin exchange Mt. Gox have agreed to settle their proposed class action lawsuits that alleged the company defrauded them of hundreds of millions of dollars.
In June 2011, when customers of now-bankrupt Bitcoin exchange Mt. Gox agitated for proof that theTokyo-based firm was still solvent after a hacking attack, CEO Mark Karpeles turned to the comedy science