Mt. Gox

Bitcoin has come a long way from being a questionable unit of transaction for illicit uses to near-mainstream acceptance. It hasn't been a cakewalk for the digital currency. Satoshi Nakamoto, widely recognized as the founder of bitcoin, mailed the white paper "Bitcoin: A Peer-to-Peer...

The Bitcoin Foundation was launched in 2012 as a way to provide legitimacy to bitcoin and cryptocurrencies at a time when they were relatively unknown. For two years, the foundation worked to lobby lawmakers, create public awareness and help bitcoin technology advance with the changing times....

In a major step forward for the bitcoin community, Apple Inc. (NASDAQ: AAPL)'s iOS store debuted its first ever cryptocurrency trading app on Tuesday. The app, called ShapeShift, allows users to quickly convert digital currencies from one type to another quickly and easily. The app was seen as a...

The excitement surrounding bitcoin's rise as a digital currency has been overshadowed by the public's worries about the cryptocurrency's safety and security. The Mt. Gox collapse, coupled with several other security breaches at bitcoin exchanges, has given bitcoin a bad reputation. However Case, a...

Digital currencies have earned a bad reputation over the past year as scams and illegal activities dominated the news coverage surrounding cryptocurrencies. From the mysterious collapse of the Mt. Gox exchange to the Silk Road trial, consumers have become increasingly apprehensive about using...

Circle, an internationally accessible banking operation that recently integrated a bitcoin arm, has launched a new smartwatch-compatible app that will allow users to manage their wallets conveniently using their wearable devices. Another Option For Mainstream Adoption The app marks another...

With the negative press from the Mt. Gox exchange failure finally beginning to subside, bitcoin looked poised for a revival as CoinBase’s new regulated exchange began to improve confidence in the cryptocurrency. However, bitcoin suffered yet another setback on Tuesday as reported that...

Bitcoin prices lost roughly 6 percent on Wednesday, February 4, as worries about the currency’s security resurfaced. The cryptocurrency was trading near $225 on Thursday morning as investors’ enthusiasm about Coinbase’s recently unveiled regulated exchange was replaced by...

Juniper Research released a report on Wednesday forecasting that bitcoin transactions will sink from 2014’s more than $71 billion to around $30 billion by the end of 2015. The research consultancy noted that the currency will likely see a 58 percent decline in usage due to growing...

Bitcoin fell sharply lower this week, dropping from $267 to $224 on Tuesday. The crypto-currency is down another 21 percent on Wednesday, and now trades near $177. The coin, said to usher the world into a digital age, seems to be losing momentum as consumers lose confidence in the currency...

TechCrunch, with its article on Butterfly Labs’ deceptive tactics, brought a reminder that not all bitcoin investments are good investments. Bitcoin is a revolutionary technology that is growing faster than the Internet. Just like the Internet boom, bitcoin is poised to create massive...

Bitcoin has provided spectacular returns for buy and hold investors. However, some investors have lost money in bitcoin. This article discusses some of the most common pitfalls and how to avoid them. Panic Selling Bitcoin is a volatile asset because it is in a price discovery phase. One...

Was bitcoin’s October and November price run-up from $134 to $1,242 the result of insider fraud at Mt. Gox? Over Memorial Day weekend, a detailed analysis of bitcoin exchange Mt. Gox’s trading data made that claim. Unfortunately the report, which appeared late Sunday night, has been removed...

Only one quarter into 2014, the year has already been a wild ride for bitcoin. This article outlines the top eight stories from the first quarter of 2014. Mt. Gox Collapse The collapse of Mt. Gox was stunning both in its scope and impact. While most of the community suspected Mt. Gox had...

The world’s second largest economy grew at its slowest pace in 18 months during the first quarter, but came in above expectations. China’s economy grew 7.4 percent from January to March, slightly below Chinese policymakers’ target of 7.5 percent.  The data, although not overly positive, could...