Mt. Gox Wednesday filed for liquidation in a Tokyo court, abandoning its plans for civil rehabilitation and giving its creditors even less hope of recouping their losses, according to a Wall Street Journal report.
ZaZZZ machines have a notable feature: They accept only a limited number of payment options including the ZaZZZ Card, cash, and perhaps most notably, bitcoin.
Singapore should adopt a light touch approach in regulating virtual currencies such as bitcoin, and instead allow technology to do most of the “governing” to safeguard against illegal activities.
Bitcoin can now buy you a 120-foot tri-deck mega yacht.
Don’t forget where you squirrelled away the bitcoins; keep track of online gaming characters; save your passwords for photographs and savings accounts or risk it all disappearing down the back of the internet, the Law Society is urging.
BTC China, a leading digital currency exchange, has installed mainland China’s first bitcoin ATM in Shanghai, in defiance of local banking regulations that have effectively outlawed the exchanges used to convert local currency yuan into bitcoins, and vice versa.
Today’s CoinDesk Bitcoin Price Index is $486.78 as of 7:40amET.
The founder of Mt. Gox, Mark Karpeles, won’t head to the U.S. to respond to a Treasury Department inquiry concerning the Japanese bitcoin exchange’s bankruptcy flap.
Mark Karpeles, CEO of bankrupt Japan-based bitcoin exchange Mt. Gox, has filed an emergency motion stating that he needs more time before choosing whether to appear for formal questioning in the U.S.
Texas-based mining hardware manufacturer CoinTerra has managed to ship its 5,000th TerraMiner just 10 weeks after launching full-scale production. The hardware manufacturer shipped the 1,000th unit in late February. At the time, CoinTerra said its kit powered 6 percent of the bitcoin network.