Mizuho Bank has became ensnared in North American legal fallout from Mt. Gox which collapsed last month after losing $400 Million worth of customers’ digital currency.
Warren Buffett, who earlier this month said he wouldn’t own bitcoin because he doesn’t consider it a store of value or reliable means of exchange, again dismissed bitcoin on Friday.
The U.S. derivatives regulator is studying whether it should regulate virtual currencies, its chief said on March 11, 2014, as regulators across the globe start taking the emerging technology more seriously.
Sure, everyone knows Bitcoin, but there is also Litecoin, Dogecoin and other cryptocurrencies. Moreover, the music business is about to get its own alternative currency, called Songcoin.
Mt. Gox lost millions of bitcoins in February, but hackers claim it still has some customer resources.
Ebay, the internet’s largest auction house and marketplace, has filed a patent that enables them to process transactions involving digital currencies, such as Bitcoin.
Bitcoin, the crypto-currency first appeared in 2009, stays strong, despite all frenzy surrounding it.
Dorian Prentice Satoshi, identified by Newsweek magazine as the founder of Bitcoin, denies that he’s one of virtual currency’s founders.