South Korean cryptocurrency exchange Bithumb was hacked between Tuesday night, June 19, and Wednesday early morning, June 20. The hackers got away with $31.51 million worth of virtual currency, the exchange said in a statement on Wednesday.
Security June 20, 2018
Xapo has now been granted conditional approval from Switzerland for its operations. The move is seen as a regulatory breakthrough for virtual currency wallet providers.
Business Tech January 30, 2017
New York's Department of Financial Services has issued the state's first charter for a bitcoin exchange to startup company ItBit.
Money May 8, 2015
Bitcoin is set to get regulated in the U.S. with the first licensed bitcoin exchange being opened by start-up Coinbase Inc. The exchange is poised to bring much needed legitimacy to the non-government backed cryptocurrency, which has often been under the scanner
Business January 26, 2015
Bitstamp servers were compromised, leading to 19,000 bitcoins worth about $5 million to be stolen. However, no hackers have stepped up to claim responsibility for the incident.
Business January 6, 2015
The CFPB released an advisory detailing the risks associated with using virtual currencies such as bitcoins. Hackers, scams and a lack of protection from banks make virtual currencies risky business, the bureau says.
Business Tech August 12, 2014
Mt. Gox, once the biggest bitcoin trading exchange, has declared bankruptcy on Friday. Customers are clueless if they can still recover their money. So are the governments.
Business March 2, 2014
Amid reports that popular bitcoin trading exchange Mt. Gox has filed for bankruptcy after losing around $480 million, Dell SecureWorks has warned that over 100 families of bitcoin malware are lurking around to steal your cryptocurrency. A U.S. senator has also sent out an appeal to regulators and wants to throw the bitcoin down the well. No wishes included.
Business February 28, 2014
Mt. Gox has been showing a blank website after clearing its Twitter clean and after it resigned its seat on the board of directors of Bitcoin Foundation. Mt. Gox has fallen.
Business February 25, 2014
Russia's government and central bank have knocked out Bitcoin by declaring it illegal.
Legal February 11, 2014
Bitcoin soared to a record high of $900 after receiving favorable testimony from U.S. officials.
Money November 19, 2013
Feature | Science