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  • New Bitcoin Foundation chief eyes crowdfunding

    The newly appointed head of the Bitcoin Foundation, a group that promotes development of the digital currency, believes crowdfunding is one part of the solution for its troubled finances.

    Written by Tim Hornyak14 April 15 12:57
  • Bitcoin Foundation hit by big bitcoin losses

    The Bitcoin Foundation, formed in 2012 to promote the virtual currency, has rejected claims by a board member that it's bankrupt but has acknowledged significant financial problems -- ironically as a result of a big drop in the value of its bitcoin holdings.

    Written by Martyn Williams08 April 15 07:06
  • Bitcoin Foundation said to be out of cash

    The Bitcoin Foundation, an organization that promotes development of bitcoin, is "effectively bankrupt" and has shed most of its staff, a member of the foundation's board of directors has said.

    Written by Tim Hornyak07 April 15 16:13
  • Bitcoin bank Flexcoin shuts down after massive theft

    Flexcoin, a site that described itself as the "world's first bitcoin bank," has closed after it got hacked and all of the bitcoins it had placed in online storage were stolen, the site recently announced.

    Written by Zach Miners04 March 14 18:38
  • Lawmaker seeks US ban on Bitcoin

    Bitcoin's wild volatility, and its ability to facilitate crimes such as money laundering, make it dangerous to Americans and it must be banned, U.S. Senator Joe Manchin said Wednesday.

    Written by Zach Miners26 Feb. 14 22:42
  • Bitcoins, other digital currencies stolen in massive 'Pony' botnet attack

    Cybercriminals have infected the computers of digital currency holders, using a virus known as "Pony" to make off with account credentials, bitcoins and other digital currencies in one of the largest attacks on the technology, security services firm Trustwave said.

    Written by Zach Miners24 Feb. 14 21:30
  • Mt. Gox quits Bitcoin Foundation board

    Major Bitcoin exchange Mt. Gox has quit the Bitcoin Foundation's board of directors, the foundation said.

    Written by Tim Hornyak24 Feb. 14 07:23
  • What's 1 bitcoin worth? Ask Bing

    Bing is highlighting bitcoin currency conversions at the top of its search results, the Microsoft-owned search engine said Monday.

    Written by Zach Miners10 Feb. 14 18:37