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>> BITCOIN Latest News

SEP 25, 2014 - Forbes

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Business Bringing Bitcoin Legitimacy, Potential Regulation

By Christoph Hargreaves-Allen Earlier this year, the US Marshals Service auctioned 30,000 bitcoins confiscated in the FBI’s bust of the Silk Road online marketplace. Estimated at $17.4 million, they were all bought by one bidder. To the delight of Jon Matonis, executive director of the Bitcoin Foundation, the Marshals’ auction proves that [...]

Tags: Business Bringing Bitcoin Legitimacy, Potential Regulation,  Bitcoin Latest News

SEP 25, 2014 - Forbes

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Why One Should Think Twice Before Trading On The Bitcoin Exchanges

In my September 14 article, I voiced concern over Huobi, one of the Big 3 cryptocurrency exchanges in China. I wrote that the company’s fast expansion may increase its systemic risk – Well, even I am surprised that the prophecy was validated this soon. Rumour began circulating on the Chinese social [...]

Tags: Why One Should Think Twice Before Trading On The Bitcoin Exchanges,  Bitcoin Latest News

SEP 25, 2014 - Forbes

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Bitcoin Savings & Trust Comes Up $40 Million Short On The Trust Part

Bitcoin is the buzz! Well, the latest buzz anyhow in the weird world of cyber-currencies. It seems like only yesterday that Liberty Reserve went down, see http://news.sky.com/story/1096745/global-cyber-money-scam-worth-6bn-busted but here we are again. This article is not whether Bitcoin is going to make it or not as a cyber-currency. There are thousands [...]

Tags: Bitcoin Savings & Trust Comes Up $40 Million Short On The Trust Part,  Bitcoin Latest News

SEP 24, 2014 - Yahoo! News

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Federal government sues Kansas bitcoin business

LEAWOOD, Kan. (AP) — A Kansas company that offered bitcoin-generating computers is being sued by the Federal Trade Commission, which said it bilked more than 20,000 consumers out of as much as $50 million.

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SEP 24, 2014 - ABC News

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Federal Government Sues Kansas Bitcoin Business

FTC alleges Kansas bitcoin company cost consumers up to $50 million; company vows to fight

Tags: Federal Government Sues Kansas Bitcoin Business,  Bitcoin Latest News