European regulator tells banks to shun Bitcoin

Europe`s top banking regulator today called on the region`s banks not to deal in virtual currencies such as Bitcoin until rules are developed to stop them being abused.

Tokyo court starts Mt. Gox bitcoin bankruptcy proceedings

Bankruptcy proceedings began today for the Mt. Gox bitcoin exchange, a move that was widely expected after the Tokyo District Court decided earlier this month that the company would not be able to resurrect itself.

Cybercrime part of sophisticated online economy: Study

The dark world of cybercrime has evolved from one of rogue individuals to a functioning market-based economy with its ups and downs, code of conduct and "innovation."

After denial, Bitcoin creator identity still a mystery

The world was little closer to knowing for sure who invented Bitcoin Friday, despite Newsweek`s claim to have unmasked the enigmatic "Satoshi Nakamoto" behind the computer-coded currency.

`World`s first` Bitcoin shop opens in Hong Kong

A shop selling the virtual Bitcoin currency opened in Hong Kong today, as fresh concerns grew in Asia over the currency`s viability and security.

Cyber thieves blamed for Bitcoin heist: Researchers

A gang of cyber criminals using an army of infected computers made off with at least USD 220,000 worth of Bitcoins and other virtual currencies, security researchers have said.

Silk Road 2.0 hacked for $2.7mn in bitcoin

Silk Road 2.0 has been reportedly hacked by attackers who made off with nearly 2.7 million dollars in bitcoin, the site`s complete holdings.

Second Bitcoin exchange halts withdrawals following hack attack

A Bitcoin exchange firm in Slovenia reportedly halted withdrawals of the virtual currency after discovering a hack attack on its systems.

Cyber attack on bitcoin a big warning to currency`s users

A massive cyber attack from unknown sources that has been spamming bitcoin exchanges is highlighting some of the dangers people can encounter when they exchange cash for digital currencies like the bitcoin, experts said on Wednesday.

Ransomware, scams and scoops predicted for 2014

Warning against the threats posed by ransomware such as Cryptlocker, AVG Technologies Australia security advisor Michael McKinnon has reportedly said that the emergence of such sophisticated modern malwares can result in scams and scoops.

Bitcloud developers plan to `replace` Internet

A new project has been launched that could replace the Internet.

Bitcoin successor Dogecoin hacked for first time

Virtual currency Dogecoin that was named after a silly meme had been reportedly hacked for the first time with users` estimated loss of 21 million Dogecoins.

UK warns of ransom scam targeting tens of millions

The British government has issued an unusually stark warning about a cyberscam that locks users out of their computers unless they pay a ransom, saying that tens of millions of people may soon be targeted.