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Bitcoin prices crater as Mt. Gox suspends both BTC and cash withdrawals

2014-02-09 14:55:25| Extremetech

Mt. Gox's decision to suspend all BTC withdrawals from its accounts has triggered a significant decline in Bitcoin prices. Once the largest exchange by far, Mt. Gox has suffered numerous declines in the past year.

Tags: prices cash crater btc

 

Johns Hopkins researchers creating zerocoin, an untraceable alternative to bitcoin

2014-02-08 10:46:22| Apparel - Topix.net

In a drab computer lab at Johns Hopkins University, a team of researchers is trying to build something that has never existed before: a digital currency that changes hands completely in secret.

Tags: alternative creating researchers johns

 
 

Bitcoin takes a dive as Mt. Gox suspends withdrawals

2014-02-07 22:25:04| InfoWorld: Top News

Bitcoin's value declined sharply Friday, just as Mt. Gox, an online exchange for buying and selling the digital currency, announced that it was temporarily suspending withdrawals. Bitcoin was trading for roughly $750 late morning U.S. Pacific time according to target="_blank"CoinDesk, which aggregates the price of bitcoin across several exchanges. Bitcoin had been trading for about $850 for much of this week.

Tags: takes dive withdrawals suspends

 

Bitcoin explained: Crypto fad or the future of money?

2014-02-07 17:30:12| Extremetech

So far Bitcoin has been a speculator's dream for a few, a way to exchange money almost anonymously for some, and a subject of much puzzlement for most. We look at what it's good for, what it's not, and where it may go in the future.

Tags: money future explained fad

 

Apple removes Blockchain, last bitcoin wallet app, from mobile store

2014-02-06 14:45:21| InfoWorld: Top News

Apple on Wednesday removed Blockchain, the last remaining application in its mobile store for transmitting bitcoins, signaling the continuing uncertainty around the virtual currency. U.K.-based Blockchain wrote Thursday on its website that Apple told it the application, which is a "wallet" that can be used to store and send bitcoins, was removed due to an "unresolved issue." Blockchain said it received no prior warning of a problem.

Tags: store mobile apple app

 

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