Bitcoin

Mt. Gox

Mt. Gox Files for Bankruptcy in the U.S.

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Just days after it sought protection in Japan, once popular Bitcoin exchange Mt. Gox has been forced to file for bankruptcy in the US in the hope of climbing out of the huge hole it’s found itself in. Still reeling from the loss of 850,000 Bitcoins (currently worth around $549 million) and debts of more […]

Mt. Gox

Mt. Gox CEO’s Blog Hacked, Accused of Theft and Fraud

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The Bitcoin community has been angrily pressing for details on what the Bitcoin exchange Mt. Gox has described as a massive hacker attack that stole hundreds of millions of dollars worth of its users’ bitcoins and left the company bankrupt. Mt. Gox’s staff isn’t talking. So another group of hackers say they’ve broken into the […]

Bitcoin

This Satoshi Nakamoto (Not That Other One) Might Be the Man Behind Bitcoin

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This story just keeps getting weirder. As Dorian Nakamoto, the man fingered by Newsweek as Satoshi Nakamoto, the mysterious creator of bitcoin, was leading reporters around Los Angeles on a wild goose chase and giving his story to the AP, a message appeared on an Internet message board, which simply said “I am not Dorian […]

Satoshi Nakamoto

Meet Satoshi Nakamoto: The Man Who Created Bitcoin

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Satoshi Nakamoto stands at the end of his sunbaked driveway looking timorous. And annoyed. He’s wearing a rumpled T-shirt, old blue jeans and white gym socks, without shoes, like he has left the house in a hurry. His hair is unkempt, and he has the thousand-mile stare of someone who has gone weeks without sleep. […]

Bitcoin

Bitcoin Exchange Poloniex Hacked, Loses Around $50,000

All continues to not be well in the world of Bitcoin and related cryptocurrencies. Another exchange has been hacked, with the perpetrators making off with 76.69 bitcoins (a little under $50,000 at current trading rates). On Tuesday, the owner of the Poloniex exchange admitted on the Bitcoin Talk forum that around “12.3 percent of the […]