(Reuters) - Bitcoin enthusiasts were buzzing about the arrest of a high-profile promoter of the digital currency at Monday night's weekly Bitcoin trading session in Manhattan's financial district.
Charlie Shrem's detention on money laundering charges the day before shocked New York's Bitcoin community, which meets in a small conference room to trade the currency. It is contemplating the end of a world of intrigue away from the watchful eyes of police and regu…
Bitcoin remains a mystery to many on Main Street America. However, many analysts and experts think that the digital currency's future lies in the payments business, a $500 billion dollar industry for tradition financial institutions like JP Morgan and Visa. The problem with current payment technology is that, while effective, it is very slow, inefficient, and vulnerable to hacks and cyberattacks. Bitcoin, while it has many problems of its own, solves a number of the issu…
Read moreMore than money, bitcoin's real value lies in its algorithms
Blockchain technology that powers bitcoin and other digital currencies is showing up in a variety of other applicationsMore than money, bitcoin's real value lies in its algorithms
CEX.IO — is the first and leading commodity exchange in the Bitcoin community.Here you can buy or sell GHashes, Futures Contracts for the Bitfury ASIC chips or just trade on the increase or decrease of chip values. We are the first exchange that offers you an opportunity to buy GHashes and avoid all the usual problems you can face when buying mining equipment, like the usual delays in delivery, breakage losses, the need for a sufficient power supply or cooling devices, and …
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