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The Canadian Bitcoin bank goes offline after hackers steal 896 bitcoins -- valued at more than $580,000 -- through a flaw with the Web site.
Silicon Valley investors back the security startup, which aims to safeguard user accounts with a multi-signature wallet.
As Dogevault's website becomes unavailable, users of the popular wallet report mysterious withdrawals of hundreds of thousands of the virtual currency from their accounts.
Financial services company aims to provide a secure, insured banking service that will take the cryptocurrency mainstream.
An investor group that includes Virgin Group Chairman Richard Branson and Yahoo co-founder Jerry Yang is betting that Bitcoin has a bright future despite recent setbacks.
Government agency cautions about the use of cryptocurrencies, saying they’re more likely to be used by “fraudsters to perpetrate fraudulent investment schemes.”
Aiming to become the new hot virtual-currency exchange, Kraken lands $5 million in a Series A round of funding from Hummingbird Ventures.
Bitcoin suffered a PR black eye with Mt. Gox's bankruptcy filing, but Coinbase co-founder Fred Ehrsam says bad news for the few will translate into good news for the many.
A site that houses more than 1.4 million bitcoin wallets has been down for more than 16 hours, but says users still have control over their virtual money.
Without any regulatory or government oversight, the government forbids commercial banks to provide customers with the cryptocurrency.