Recent developments associated with Bitcoin, its silver-like sister Litecoin, and other crypto-currencies forced many merchants to start thinking seriously about accepting these digital alternatives to cash and plastic cards. In fact, some businesses
Fred Wilson, of Union Square Ventures, said the advent of bitcoin reminded him of a similar meteoric rise in peer-to-peer, distributed-system technology with global implications: the commercial internet. "Virtual currencies
The CEO of BitInstant, a Bitcoin exchange, has been arrested at JFK airport for running an illegal wire service, the New York Post's Kaja Whitehouse reports.
The founder of a prominent Bitcoin exchange company has been arrested and charged with running an illegal scheme to sell the digital currency to customers trafficking narcotics on the now-defunct drug website Silk Road, prosecutors said Monday.
Federal charges were made public early Monday against two men accused of operating a bitcoin exchange business in connection with the ongoing investigation involving the Silk Road online marketplace.
