Bitcoin gang gets 67 new e-currencies; value grows to $13-bn

Last Updated: Sunday, December 29, 2013, 16:00

The total value of these 67 digital currencies in circulation over internet has reached nearly USD 13 billion (over Rs 80,000 crore), out of which bitcoin alone accounts for over USD nine billion, according to market estimates.

Bitcoin operators shut shop in India amid RBI warning

Last Updated: Thursday, December 26, 2013, 19:17

While RBI is yet to come out with a clear regulatory framework for bitcoins, which have been gaining currency across the world over the past few months.

Bitcoin successor Dogecoin hacked for first time

Last Updated: Thursday, December 26, 2013, 16:19

Virtual currency Dogecoin that was named after a silly meme had been reportedly hacked for the first time with users` estimated loss of 21 million Dogecoins.

Bitcoin crashes after China bank measures

Last Updated: Wednesday, December 18, 2013, 22:49

Chinese speculators have driven Bitcoin prices into the financial stratosphere this year, peaking at 7,588 yuan (now $1,250) on November 30.

Not particularly optimistic on Bitcoin future: Google official

Last Updated: Monday, December 16, 2013, 16:10

A concept that came into existence in 2009, bitcoin has become very popular of late with its exchange rate surging past USD 1,000 per unit in November from a little more than USD 200.

Bitcoin fund raises $65 mln after first two months, founder says

Last Updated: Thursday, December 12, 2013, 11:00

A fund established to offer investors exposure to Bitcoin is holding around $65 million in the digital currency after two months in operation, its creator, SecondMarket Chief Executive Officer Barry Silbert, said on Wednesday.

Bitcoin puzzles regulators; advisory likely to warn of risks

Last Updated: Sunday, December 8, 2013, 19:50

As regulatory glare increases on Bitcoin globally and its exchange rates become extremely volatile, Indian authorities may soon issue a public advisory to warn against potential risks associated with this new digital currency concept.

'Bitcoin' becoming a bit too big;regulators scramble for norms

Last Updated: Sunday, December 1, 2013, 13:16

As Bitcoin becomes more popular day by day, regulators are getting worried about potential money laundering risks associated with this digital currency and its possible misuse by fraudsters to lure gullible investors into 'e-ponzi' schemes.

UK warns of ransom scam targeting tens of millions

Last Updated: Saturday, November 16, 2013, 18:24

The British government has issued an unusually stark warning about a cyberscam that locks users out of their computers unless they pay a ransom, saying that tens of millions of people may soon be targeted.

World`s first` bitcoin ATM opens in Canada

Last Updated: Wednesday, October 30, 2013, 13:28

Three young entrepreneurs opened an automated teller Tuesday in this western Canadian city, calling it the world`s first ATM able to exchange bitcoins for any official currency.

'World's first' bitcoin ATM opens in Canada

Last Updated: Wednesday, October 30, 2013, 09:00

Customers use a private key - like a bank PIN number to access their online account of bitcoins on the ATM.

US regulators, Bitcoin group discuss digital currency

Last Updated: Tuesday, August 27, 2013, 10:17

US regulators and law enforcement agencies met on Monday with an advocacy group for Bitcoin, a digital currency that has been under fire for its purported role in facilitating anonymous money transfers.