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Tokyo-based exchange's countersuit claims its one-time partner still holds more than $5 million in exchange customer funds.
CoinLab files lawsuit against key Bitcoin exchange Mt. Gox alleging breach of contract in deal to manage North America operations.
With $500,000 in VC funding and a bank partnership, Seattle-based startup CoinLab agrees to handle the U.S. and Canada operations of the world's largest exchange for the virtual currency.
A Vancouver coffee shop will see the first of five ATMs expected in major Canadian cities.
The troubled Bitcoin exchange, which claims to have lost nearly $500 million in the crypto-currency to theft, wins a brief reprieve from a pair of US lawsuits.
Coinsetter hopes to capitalize on recent interest in the virtual money by creating a platform that will allow investors to short the currency, which has appreciated 1,500 percent since January.
The peer-to-peer virtual currency is up nearly 350 percent in the past two months, thanks largely to uncertainty in Europe's banking community.
Cameron and Tyler Winklevoss, who parlayed Facebook cash into a multimillion dollar Bitcoin stake, say making money means working with the Feds. Meanwhile, the Bitcoin Foundation is about to hire its first D.C. lobbyist.
The peer-to-peer currency's value has surged 50 percent in recent days, but an exchange outage and unrelated hack knocked its value down a bit.