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The Feds Have $25 Million In Bitcoin From the Silk Road. Now What?

Yesterday, the US District Attorney's Office for the Souther District of New York announced the forfeiture of 29,655 bitcoins from the servers it seized from Ross Ulbricht, the owner of defunct...

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As Bitcoin Takes Off, Regulators Want In

Digital currency is inching its way onto Wall Street, with a new "bitcoin center" next door to the New York Stock Exchange. As bitcoin gains prominence and popularity, regulators — like New York's...

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Answers to Questions about Bitcoin, Even Some You Didn't Even Know You Wanted...

Bitcoin. It's the latest tech "disruption" because if it's successful it could upend banks, Wall Street and good-old, cold-hard cash. But if it's not all about the Benjamins, then what's it all...

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Arrest at JFK Prompts Fresh Scrutiny of Bitcoin

There are new questions about bitcoin, following the arrests of two men on charges they laundered money using the virtual currency. One of the arrests took place at JFK Airport.The charges come just as...

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Bitcoin's Future & The Emerging Markets Crisis

The virtual currency Bitcoin means different things to different people.If you’re the Wiklevoss Twins, who own Bitcoin Trust, it means an estimated value of $55 million.If you’re Robert Faiella and...

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Bitcoin: Funny Money or Future of Commerce?

Some people think it's funny money, and others believe it's the future of global commerce.This week, New York state regulators wrapped up two days of hearings on bitcoin, the largely unregulated,...

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The Most Well-Known Bitcoin Exchange is Falling Apart. What now?

The Bitcoin exchange Mt. Gox has been offline since yesterday, and it looks very possible that the site could be dead. A purported internal document has been circulating widely online. It says that...

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Pensions. Be Afraid.

From San Jose to Detroit, from Illinois to Rhode Island, cities and states across the country are grappling with how to pay for pensions and retiree health care costs. In New Jersey, Governor Chris...

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The Pseudonymous Man Behind Bitcoin Has Been Found, and He's Not a Pseudonym

Of all the curious facets of the culture of Bitcoin, the strangest by far has been the mystery behind its creator, Satoshi Nakamoto. Long thought to be a pseudonym, journalists have pointed the finger...

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On the Subject of Doxing

Yesterday, I wrote an article about how doxing differs from reporting, and about Newsweek's article alleging that it had found the elusive creator of Bitcoin, Satoshi Nakamoto. In the post I said that...

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Obamacare Between Two Ferns

The Gabfest panelists have much to talk about this week: Obama's new foray into comedy, Wes Anderson's directorial style, the reworking of Sagan's Cosmos, the confusion over virtual currency, and...

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#23 - A Bitcoin Story for People Who Don't Care About Bitcoin

When Wired reporter Andy Greenberg read Newsweek's cover story claiming to have found mysterious Bitcoin creator Satoshi Nakamoto, he was disappointed. Not so much that the mystery had been solved, but...

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TLDR #23 - A Bitcoin Story for People Who Don't Care About Bitcoin

When Wired reporter Andy Greenberg read Newsweek's cover story claiming to have found mysterious Bitcoin creator Satoshi Nakamoto, he was disappointed. Not so much that the mystery had been solved, but...

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Can the Economy Get Out of Its Perpetual Rut?

This week Money Talking revisits topics discussed in recent months: whether the economy can get out its perpetual rut and Bitcoin. After a severe winter that sent the economy into negative territory at...

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TLDR #23 - A Bitcoin Story for People Who Don't Care About Bitcoin

This is a repeat of TLDR #23When Wired reporter Andy Greenberg read Newsweek's cover story claiming to have found mysterious Bitcoin creator Satoshi Nakamoto, he was disappointed. Not so much that the...

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Bitcoin’s Young and Wild Days May Be Coming to An End

New York State plans to issue new rules in the first quarter of 2015 for the buying and selling of bitcoins, the digital currency made up of bits and bytes, instead of dollars and cents. Bitcoin...

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The Beginning of the End of Bitcoin?

In January 2009, the mysterious Satoshi Nakamoto launched Bitcoin, the first decentralized, digital currency.In the wake of the Great Recession, the idea of a peer-to-peer banking system had a lot of...

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How Will Digital Currencies Change Our Way of Life?

Wall Street journalists Paul Vigna and Michael J. Casey talk about cybermoney in The Age of Cryptocurrency: How Bitcoin and Digital Money are Challenging the Global Economic Order. Vigna and Casey...

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Understanding Bitcoin: The Untraceable Digital Currency

New York Times technology and business reporter Nathaniel Popper discusses the dramatic rise of Bitcoin. Digital Gold: Bitcoin and the Inside Story of the Misfits and Millionaires Trying to Reinvent...

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In the age of the Panama Papers, is Bitcoin technology the future?

The Panama Papers raise an age-old debate on how to balance privacy and transparency. Is Bitcoin technology, known as “blockchain,” the answer? Photo by Yoshikazu Tsuno/AFP/Getty ImagesEarly April’s...

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