Tag: virtual currency

Crypto Exchange Bithumb Hacked: $32 Million Worth Of Coins Stolen

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

Bitcoin Wallet Provider Xapo Gets Conditional Approval In Switzerland

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 Grants ItBit Charter As Bitcoin Exchange

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

Big Boost for Bitcoin: Coinbase Set to Open First Regulated U.S. Bitcoin Exchange

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

Hackers Steal $5 Million Bitcoins from Bitstamp. What You Should Know

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

Consumer Financial Protection Bureau warns public of bitcoins, other virtual currencies

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

What does Mt. Gox bankruptcy filing mean for Bitcoin users?

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

Post Mt. Gox collapse, Dell SecureWorks warns over 100 families of bitcoin malware lurking to steal your cryptocurrency

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 fallen: Bitcoin exchange site goes offline after leaving Bitcoin Foundation seat

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

Bitcoin faces wrath of Russia

Russia's government and central bank have knocked out Bitcoin by declaring it illegal.

Legal February 11, 2014

Bitcoin soars to record high after officials testify about its benefit to U.S. Senate Committee

Bitcoin soared to a record high of $900 after receiving favorable testimony from U.S. officials.

Money November 19, 2013

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