On Friday, the New York State Department of Financial Services announced it will be holding a public hearing on virtual currency regulation, specifically considering whether a certification called BitLicense might help manage the spread of online currencies like Bitcoin. The new license would require consumer protection services, as well as anti-money laundering requirements, designed to […]
An Australian bitcoin bank holding over US$1 million of the crypto-currency has been hacked, leaving an unknown number of users with nothing – one of the largest thefts in the currency’s four-year history.
Completely forgetting about the $27 in Bitcoin he bought while researching the online currency is the best investment move Kristoffer Koch is ever likely to make. Four years after his 2009 research on encryption, media coverage of the currency earlier this year jogged the Norwegian’s memory and he was amazed…
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