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Butterfly Labs, a Kansas-based Bitcoin mining company that was shuttered under a federal complaint, will soon resume full operations under a judge’s order, reports the Kansas City Star. US District Judge Brian C. Wimes had ruled that Butterfly Labs be shut down in September after...

Recently evidence has begun to emerge that ButterFly Labs may have purchased ButtCoin.org, a website that satirizes Bitcoin, about two months ago. In order to understand why this might be the case, let’s take a step back and look at how we got to this point. The Story Thus...

Mining hardware company, Butterfly Labs (BFL), has been hit with almost 300 complaints via the Federal Trade Commission (FTC) in just 18 months, as per documents received by Ars. The complaints against BFL accuse the firm of fraud and failing to deliver products to customers on...

In February, Butterfly Labs, a popular Bitcoin mining hardware company, was facing a civil lawsuit in an American federal court based on allegations that the company did not deliver products on time. Just today, the Wood Law Firm LLC announced that Butterfly Labs customers across...

Mt.Gox Faces Hardship Mt.Gox customers were recently notified that the Tokyo-based bitcoin exchange company would be halting withdrawals. Due to an increase in withdrawal requests, the Mt.Gox team is facing delays on a technical level. The company claims their operating system is...