Bitcoin

Mt. Gox

Bitcoin Traders Settle Class-Action Lawsuit vs. Mt. Gox

By

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. The class action plaintiffs agreed to support a plan by Sunlot Holdings to buy the shuttered exchange and accept their share of bitcoins […]

Bitcoin

MIT Students Raise $500k, Give $100 in Bitcoin to Every Undergrad

By

Two MIT students have successfully raised more than half a million dollars in order to give all 4,528 undergraduate students on campus $100 worth of the cryptocurrency to use as they see fit. Rather than being another Bitcoin publicity stunt, the pair say that the intention is to establish a genuine ecosystem for digital currencies […]

Bitcoin

Bitcoin Mining Software Found Hiding in 5 Malicious Google Play Apps

By

Researchers scouring the official Google Play market have unearthed more Android apps that surreptitiously abuse end-user devices to carry out the computationally intensive process of mining Bitcoins. The malware, dubbed “BadLepricon” by its creators, was stowed away inside six five separate wallpaper apps that had from 100 to 500 downloads each, according to a blog […]