News Digest
Bitcoin
Bitcoin creator unmasked: Craig Wright provides ‘proof’ he invented crypto-currency
Australian tech entrepreneur Craig Wright has confirmed his identity as the creator of the Bitcoin crypto-currency Bitcoin.
Dutch arrest 10 men for using Bitcoin to launder €20m drugs money
Ten men suspected of using the digital currency Bitcoin to launder up to €20 million ($22 million) of criminal money made from online drug deals have...
Police raid Sydney house after ‘mystery of bitcoin creator is solved’
Police have raided the Sydney home of a man named as the likely creator of cryptocurrency bitcoin.
Police raid Sydney house after bitcoin ‘creator is named’
Police have raided the Sydney home of a man named as the likely creator of cryptocurrency bitcoin.
Bitcoin exchange CEO spent embezzled funds on prostitutes
The head of collapsed Bitcoin exchange MtGox is facing fresh embezzlement charges, with allegations arising that he spent stolen funds on prostitutes.
Former head of bitcoin virtual currency exchange held over ‘missing millions’
Mark Karpeles, the former head of defunct bitcoin exchange MtGox, was arrested on Saturday in connection with the disappearance of hundreds of millions...
Hong Kong lawmakers urge ban on bitcoin as scam victims turn to police
Hong Kong lawmakers are urging authorities to ban bitcoin after more than 25 people flocked to police headquarters to complain about a scam involving the...
Gone: Bitcoin trading company abruptly closes, sparking scam worries
Investors in MyCoin fear they have fallen victim to a scam after it closed down suddenly — with up to $387 million possible in losses.
All the rage a year ago, bitcoin sputters
After skyrocketing to more than a thousand dollars in price late last year and attracting global attention, bitcoin has stalled. The currency’s...
US auctions off 50,000 bitcoins worth $18.6m after Silk Road closure
U.S. Marshals began auctioning off 50,000 bitcoins on Thursday, the ones seized during the prosecution of the alleged owner of Silk Road, an Internet black-market...
Bitcoin prices fall for fourth straight month
Bitcoin prices declined for the fourth straight month in October, as investors’ concerns about the digital currency continue to grow amid a number...
Reddit plans bitcoin-style currency to give back to users after raising $50M
Millions of dollars’ worth of shares in online link-sharing website Reddit will be divided between users in the form of a bitcoin-style cryptocurrency.
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