Bitcoin sinks after hackers steal $65 million from exchange

Aug 3, 2016

Bitcoin sinks after hackers steal $65 million from exchange

Bitcoin plunged after one of the largest exchanges halted trading because hackers stole about $65 million (¥6.6 billion) of the digital currency. Bitcoin slumped 5.3 percent against the dollar as of 10:17 a.m. on Wednesday in Tokyo, bringing its two-day drop to 13 percent. ...

Jul 15, 2016

Karpeles released on bail in bitcoin embezzlement case

Mark Karpeles, head of the collapsed Mt. Gox bitcoin exchange, was released on bail Thursday after his arrest in August 2015 over the alleged theft of ¥341 million of clients’ money. The Tokyo District Court approved the ¥10 million bail of French-born Karpeles, 31, ...

Australian programmer confirms he invented bitcoin

May 2, 2016

Australian programmer confirms he invented bitcoin

Australian tech entrepreneur Craig Wright told the BBC on Monday he was the creator of controversial digital currency bitcoin, ending years of speculation about a person who until now has gone by the pseudonym Satoshi Nakamoto. The BBC said Wright gave technical proof supporting ...

Feb 5, 2016

Student admits stealing online shopping account details: police

Police referred a 16-year-old high school student to prosecutors on Friday on suspicion of using software on other people’s computers to obtain the online account details of several hundred people, including records of their online shopping. The male student from Tokyo’s Ota Ward is ...

Dec 10, 2015

Why bitcoin's founder matters, as spotlight hits Australian

Since the founding of the cryptocurrency bitcoin in 2009, its inventor — or inventors — have been shrouded in mystery. For six years, that individual or group has lurked behind the pseudonym “Satoshi Nakamoto” and hoarded a pile of the digital currency so large ...

Dec 9, 2015

Police raid Sydney home of alleged bitcoin mastermind

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, witnesses said. More than a dozen federal police officers ...