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Tokyo-based exchange's countersuit claims its one-time partner still holds more than $5 million in exchange customer funds.
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.
A Vancouver coffee shop will see the first of five ATMs expected in major Canadian cities.
CoinLab files lawsuit against key Bitcoin exchange Mt. Gox alleging breach of contract in deal to manage North America operations.
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.
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 currency's value has surged 50 percent in recent days, but an exchange outage and unrelated hack knocked its value down a bit.
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.
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.