A 25-year-old Alabama man has been arrested for allegedly hacking into the U.S. Securities and Exchange Commission's X account to make an announcement that led to a spike in the price of bitcoin, the Justice Department said.
The bItcoin creator finally revealed himself as the Australian tech entrepreneur Craig Wright and not Satoshi Nakamoto as what most speculators thought of. His revelation puts an end to ten years of speculations who came up with the original ideas and the fundamentals of the digital cash system.
In the world of technological advancement, United Kingdom’s scientific adviser has urged the UK government to adapt digital ledgers using blockchain technology for public services. Using such technology will not only make data secure but would also create a faster approach on the day-to-day activities.
Suspects from the online extortion gang, DD4BC, have been apprehended with the joint forces of Interpol, Austria, Bosnia-Herzegovina, and Germany, working together to crack the group.
Australian police raided the Sydney home and office on Wednesday of a man named by Wired magazine as the probable creator of bitcoin and holder of hundreds of millions of dollars worth of the cryptocurrency, Reuters witnesses said.
Since last month, U.S. warplanes have struck Islamic State's oil infrastructure in Syria in a stepped-up campaign of economic warfare that the United States estimates has cut the group's black-market earnings from oil by about a third.
U.S. prosecutors on Tuesday unveiled criminal charges against three men accused of running a sprawling computer hacking and fraud scheme that included a huge attack against JPMorgan Chase & Co and generated hundreds of millions of dollars of illegal profit.
Mark Karpeles, the former head of defunct bitcoin exchange Mt. Gox, was arrested on Saturday in connection with the disappearance of hundreds of millions of dollars worth of the virtual currency, Japanese media reports said.
The suspected mastermind behind the underground website Silk Road was convicted on narcotics and other charges on Wednesday for his role in orchestrating a scheme that enabled around $200 million of anonymous online drug sales using bitcoins.
A top Australian law enforcement agency is investigating bitcoin's role in organized crime, a senior official said, just as politicians and financial regulators embrace the digital currency as a legitimate part of modern business.
Tech-savvy Venezuelans looking to bypass dysfunctional economic controls are turning to the bitcoin virtual currency to obtain dollars, make Internet purchases -- and launch a little subversion.
Bitcoin entrepreneur Charlie Shrem has reached a plea deal to resolve U.S. charges that he engaged in a scheme to sell over $1 million of the digital currency to users of illicit online marketplace Silk Road, his lawyer said Friday.
Bitcoin evangelist Charlie Shrem talked to Bloomberg about his participation in a Bitcoin documentary debuting at Tribeca Film Festival today following his indictment over conspiracy and laundering charges involving the virtual currency and the online black market Silk Road.
As the investigation on the collapse into bankruptcy of Mt. Gox, all issues and liabilities return to its CEO Mark Karpeles, who is now preparing his defense with his lawyers in Japan.
Industry and European Commission-backed Internet Watch Foundation said in its latest report that its researchers have found one website that accepts Bitcoin payments in exchange for child pornographic materials, the Telegraph said.
The Associated Press report said that Mt Gox has been investigating the financial discrepancy that caused the virtual money exchange to shutter down last week.
Federal Reserve Chairwoman Janet Yellen has told a Senate Banking Committee on Thursday that the agency does not have authority to supervise or regulate Bitcoin, Techspot said in a report.
In a news conference in Japan today, government spokesman Yoshihide Suga disclosed that relevant authorities have started collecting information about Bitcoin trading with a goal to introduce regulatory measures on the virtual currency.
