How The Tiny Nation Of Georgia Became A Bitcoin Behemoth
The former Soviet nation of Georgia now consumes more power in mining cryptocurrencies than the United States. What's going on?
bitcoin
Time Is Running Out For Atlanta In Ransomware Attack
The deadline to pay off the hackers who have crippled many of the city's online services is fast approaching. It's uncertain whether the city will pay to save its data; it may even be too late.
Rapper 50 Cent, Who Bragged About Owning Bitcoin, Now Denies It
Last month, the artist, whose is filing for bankruptcy, said he "forgot" he owned the cryptocurrency, which by some estimates would have been worth nearly $8 million.
Lloyds Says It Will Block Bitcoin Purchases On Its Credit Cards
The largest British bank becomes the first to impose such a ban. Reports suggest that Lloyds fears that it could end up with unpaid debt if the cryptocurrency falls further.
$400 Million Missing In Hack Of Japanese Digital Currency Exchange
Japanese cryptocurrency exchange Coincheck shut down trading Friday, after hackers stole hundreds of millions of dollars in digital currency. Financial regulators said they were looking into the loss.
Amid Bitcoin Frenzy, SEC Warns Against Risky Cryptocurrency Products
The Securities and Exchange Commission is worried about the rise of new ways to invest in digital currencies like bitcoin. Regulators warn of potential "fraud and manipulation" in proposed funds.
50 Cent: 'I Forgot' Taking 700 Bitcoins For 2014 Album; Stake Is Now Worth Millions
50 Cent agreed to accept bitcoin from people buying his Animal Ambition album. The value of those sales has now skyrocketed: The rapper's holding is worth more than $7.5 million.
Who's Trading Bitcoin? South Korea Wants To Know
Seoul announced that beginning next week, all trading in cryptocurrencies such as Bitcoin and Ether must be traceable. Authorities also say digital currency exchanges in South Korea will be taxed.
Cryptocurrency Investors Worry, Wait After Bitcoin Price Drop
There are hundreds of digital currencies worldwide. The price of the largest, best known one just plummeted by 50 percent. Now, investors are watching for a boom — or a bust.
Long Island Woman Charged With Using Bitcoin To Launder Money To Support ISIS
Zoobia Shahnaz, 27, allegedly bought more than $60,000 in cryptocurrency, got a $22,000 loan and then transferred the money abroad. The Justice Department says she intended to join ISIS in Syria.