Tag - bitcoin

 
 

BITCOIN

BUSINESS
Aug 4, 2015
Investigators say Mt. Gox was broke six months before bitcoin bourse bit the dust
Bitcoin exchange Mt. Gox Co. appears to have run out of money six months before it announced in February last year that it was filing for bankruptcy after tens of millions of dollars worth of the virtual currency and client funds disappeared, investigative sources said Tuesday.
Japan Times
BUSINESS / Companies
Apr 3, 2015
Singapore firm Quoine sees bitcoin being big in Japan
Many Japanese may be skeptical about the encrypted currency bitcoin due to last year's Mt. Gox fiasco, but a Singapore-based venture sees a big opportunity in fostering a bitcoin market in Japan.
WORLD
Feb 25, 2015
Islamic State using bitcoin, officials suspect
Islamic State is likely using the bitcoin virtual online currency as a tool to secretly raise funds and settle transactions, a diplomatic source said Tuesday, quoting officials in the U.S.-led coalition against the group.
Japan Times
BUSINESS / Markets
Jan 16, 2015
Mt. Gox chief was thought by U.S. to be Silk Road mastermind
The former head of the bankrupt Mt. Gox Co. bitcoin exchange was originally believed by U.S. investigators to be the secret mastermind behind the Silk Road online drug marketplace, an agent who infiltrated the website told jurors at the trial of the man prosecutors now accuse of running it.
Japan Times
BUSINESS
Dec 4, 2014
Bitcoin policymaker tries to gain converts before election
The man who single-handedly made Japan an oasis for bitcoin entrepreneurs was holding court with political supporters. The price of admission: ¥10,000.
Japan Times
BUSINESS
Nov 28, 2014
Horie sees bitcoin as route to more security, less government
The failure earlier this year of Tokyo-based bitcoin exchange Mt. Gox may have stirred Japanese doubts about the credibility of the digital currency.
BUSINESS / Companies
Nov 26, 2014
Bitcoin exchange Kraken to help in Mt. Gox bankruptcy
U.S. bitcoin exchange operator Payward Inc said on Wednesday it will work on retrieving some millions of dollars lost by Tokyo-based Mt. Gox, once the world's largest bitcoin exchange before it collapsed in bankruptcy this year.
JAPAN / Crime & Legal
Oct 23, 2014
Creditors sue CEO of failed Mt. Gox for damages from bitcoin losses
Three creditors of Mt. Gox, a Tokyo-based bitcoin exchange operator that went bankrupt in February, have filed a lawsuit with the Tokyo District Court, demanding that its CEO, Mark Karpeles, pay ¥23.5 million in damages, it was learned Wednesday.
WORLD / Crime & Legal
Oct 10, 2014
Bitcoin payments by pedophiles frustrate child porn battle
In a two-story building in the English university town of Cambridge, researchers at the U.K.'s Internet Watch Foundation pore over online images of sexually abused children in an effort to remove them from the Web. It is dispiriting work, and this year it grew more complicated when they found a new payment button next to the icons of Visa, MasterCard and PayPal: bitcoin.
Japan Times
BUSINESS
Aug 18, 2014
Mt. Gox insider's Kraken exchange to open in Japan next month
Jesse Powell knew Mt. Gox was not long for this world more than two years before the once-dominant bitcoin exchange went bankrupt in February.
Japan Times
BUSINESS / Companies
Jul 23, 2014
Ex-Goldman trader says his bitcoin exchange will fill Mt. Gox void
Yuzo Kano quit Goldman Sachs Group Inc. twice: once for a rival bank, the second time to open Japan's first bitcoin exchange since the collapse of Mt. Gox.
BUSINESS
Jun 18, 2014
Mt. Gox gets bankruptcy OK
Mt. Gox Co., once the world's largest bitcoin exchange, won approval of its U.S. bankruptcy filing, giving a boost to the Japanese investigation into the disappearance of 650,000 units of the digital currency.
Japan Times
WORLD / Crime & Legal
Apr 29, 2014
Bitcoin traders settle suit over failed Mt. Gox
U.S. and Canadian customers of failed Tokyo-based bitcoin exchange Mt. Gox have agreed to settle their proposed class-action lawsuits that alleged the company defrauded them of hundreds of millions of dollars.
Japan Times
BUSINESS / Companies
Apr 21, 2014
Mt. Gox CEO Karpeles sought both control, escape
In June 2011, when customers of now-bankrupt bitcoin exchange Mt. Gox agitated for proof that the Tokyo-based firm was still solvent after a hacking attack, CEO Mark Karpeles turned to the comedy science fiction novel "The Hitchhikers Guide to the Galaxy".
Japan Times
BUSINESS / Companies
Apr 8, 2014
U.S. court can't reach Mt. Gox's Karpeles: lawyer
Mt. Gox Co. principal Mark Karpeles is beyond the reach of a U.S. court where he and the bankrupt bitcoin exchange are being sued for consumer fraud by two American depositors, his attorney told a federal judge.
COMMENTARY
Apr 4, 2014
African e-money is the next currency killer
All the talk of bitcoin in recent years has overshadowed the e-finance revolution in Africa, India and eastern Europe, where a service called M-Pesa has replaced banking for millions of people who don't have a bank account.
COMMENTARY / World
Apr 1, 2014
The bitcoin rhapsody to continue
Attempts to save on remittance fees by using bitcoins could lead to an addiction, which in turn risks the loss of one's savings.
Japan Times
BUSINESS
Mar 30, 2014
Mt. Gox workers challenged CEO
Two years before Mt. Gox filed for bankruptcy, a half dozen employees at the Tokyo-based bitcoin exchange challenged CEO Mark Karpeles over whether client money was being used to cover costs, according to three people who participated in the discussion.
BUSINESS
Mar 21, 2014
Mt. Gox finds 200,000 'forgotten' bitcoins in old online wallet
After filing for bankruptcy protection and announcing it had lost nearly 850,000 bitcoins, Mt. Gox finds 200,000 'forgotten' bitcoins worth ¥51 billion.
BUSINESS / Tech / FOCUS
Mar 21, 2014
Is bitcoin start of a financial revolution?
Bitcoin may not be the messiah of a new currency its hard-core fans yearn for, but it may herald the deeper financial revolution the Internet has been waiting for.

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