The Russian telecommunications regulator Roskomnadzor has blocked access to five bitcoin-related websites because the cryptocurrency “contributes to the growth of the shadow economy.” The sites include Bitcoin.org, a primary community resource… Read more »
On Monday the bitcoin exchange Bitstamp suspended operations after discovering a security flaw that allowed the theft of around 19,000 bitcoins, worth roughly $5 million. On Friday morning, its co-founder said… Read more »
It’s kind of trendy for retailers to start accepting bitcoin. Services like Coinbase are making it easier for them to do so, and it provides good publicity, as the cryptocurrency remains… Read more »
The attacker redirected traffic to fool cryptocurrency miners’ systems into connecting with his “mining pool” — giving him the proceeds of their hard work. Read more »
The European Banking Authority, which has already pointed out that consumers using bitcoin do so without regulatory protection, has issued an opinion listing 70 risks of virtual currencies and laying out… Read more »
The report, posted on Sunday as an analysis of public logs, suggests that the systems of failed bitcoin exchange MtGox played host to automated bots that artificially pushed the bitcoin price… Read more »
The man identified by Newsweek as being the inventor of the cryptocurrency Bitcoin has issued a categorical denial, claiming the story hurt his job prospects and confused his family. Read more »
In the two months since Overstock started accepting Bitcoin payment, the e-commerce giant has accepted $1 million worth of sales in the cryptocurrency. What’s more, the firm, which partnered with Coinbase… Read more »
The embattled exchange appears to be done for, leaving around $63.6 million in debts. Meanwhile, regulators around the world are still scratching their heads as to how to handle Bitcoin. Read more »