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In a letter sent to the Treasury, Federal Reserve and several financial regulatory agencies, senator Joe Manchin calls the bitcoin digital currency “disruptive to our economy.” He claims bitcoin is risky for its potential use in criminal activity, and that it should...

Karpeles’ Private Chat The failing bitcoin exchange Mt. Gox’s CEO Mark Karpeles has spoken through a web chat revealing little about what is going on with the exchange. He told an industry consultant on Tuesday that he has no plan of calling it quits regarding the troubled...

Would you believe that a shoe maker knows more about fixing clothes than a tailor? Apparently, Bruce Richards of Marathon Asset Management would, as he, who doesn’t know what Bitcoin is, was seen on Bloomberg Television’s “Market Makers” explaining what...

New Statement Released by MtGox In another non-attempt to sooth the frayed nerves of its concerned customers, MtGox founder and CEO Mark Karpeles issued another statement this morning. Dear MtGox Customers, As there is a lot of speculation regarding MtGox and its future, I would...

SecondMarket Bitcoin Exchange While Mt. Gox may be living its final days, SecondMarket looks to capitalize in the bitcoin exchange system. It looks to conduct bitcoin activities through a new stand-alone exchange in New York. SecondMarket’s monthly board meeting, which...