Mark Karpeles plans to split the proceeds with the failed exchange’s creditors.
MtGox creditors and an investment group struck a deal to revive the bitcoin exchange as liquidation proceedings play out in Japan.
The head of what was the world’s biggest bitcoin exchange will almost certainly not step foot in the US for an April 17 court appearance.
People keep stealing bitcoins. A new wallet and vault service backed by some serious investors, offers security and insurance — and a tiny giveaway for signing up.
Will this be the week that ended Bitcoin? It’s too early to know, but the market is recovering even in the shadow of the MtGox mess.
The world of Bitcoin is being rocked by a cascade of events related to the final collapse of Mt. Gox, which a leaked crisis document says could be “the end” of the currency in the public realm for years.
As Mt. Gox continues its downhill slide, here’s a look at what’s happening in the Bitcoin world.
The irrepressible Winklevoss twins are back with a new index tool to gauge the value of bitcoin. It has a terrible name, but could be just what the virtual currency needs right now.
Board members of the Bitcoin Foundation are facing scandal and even jail time. The currency’s supporters, who deserve better, should look at other governance models — including those used by companies and central banks.
Bitcoin took a fall after some bad news this week — but nothing like its notorious crashes of the past. Meanwhile, other currencies, including the lira and the peso, fell just as much.