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  • November 23, 2014
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  1. Business - Banking & Finance - UNITED STATES

    Media frenzy in US after Newsweek says it tracked down bitcoin's creator

    Posted Mar 07th 2014, 11:04am by McClatchy-Tribune

    ... McClatchy-Tribune After car chase, Japanese American identified by Newsweek issues denial Report naming bitcoin's creator triggers frenzy The day started with a possible answer to one of the digital era's greatest mysteries: who created the bitcoin virtual currency that has become a multibillion-dollar global phenomenon? From there, with the revelation by Newsweek magazine ...

  2. Business - Banking & Finance - bitcoin

    Mt Gox exchange shutdown sparks Chinese bitcoin gold rush

    Posted Feb 26th 2014, 11:32pm by DANNY LEE

    ... Danny Lee danny.lee@scmp.com Exchange closure sparks bitcoin rush Chinese investors rushed to buy bitcoin, seeing it as potentially undervalued, after the value of the virtual currency fell following the shutdown of the Mt Gox bitcoin exchange this week. Since Tuesday, more than 30,000 bitcoins have changed hands in China. That's four times the usual trade volume, ...

  3. Business - Banking & Finance - Money

    Hong Kong's first bitcoin shop to open this week in Sai Ying Pun

    Posted Feb 23rd 2014, 05:11am by DANNY LEE, Angela Meng

    ... Danny Lee and Angela Meng Outlet will turn cash into virtual currency, while three other firms pursue plans for ATMs New shop first in HK to sell bitcoin over the counter Hong Kong's first retail outlet for the virtual currency bitcoin will open on Friday. The 400 sq ft shop in Sai Ying Pun, in Hong Kong Island's Western district, is the brainchild of Asia Nexgen ...

  4. News - Asia - CURRENCIES

    Japan considers regulation of bitcoins in wake of Mt Gox failure

    Posted Mar 04th 2014, 11:18pm by AFP

    ... considers tax on bitcoins Japan is looking at ways to tax bitcoin transactions, a report said yesterday, in the wake of the spectacular failure of the Tokyo-based Mt Gox exchange after ... believe purchases made with bitcoins can be subject to consumption and corporate taxes, even though the unit is not a legal currency, the Yomiuri said without citing sources. "However, many ...

  5. Comment - Blogs - bitcoin

    SCMP’s Bitcoin Daily Report: Mt Gox loses Bitcoin Foundation role

    Posted Feb 24th 2014, 05:55pm by DANNY LEE

    ... Danny Lee danny.lee@scmp.com Mt Gox chief executive Karpeles resigns Mt Gox chief executive Mark Karpeles resigned on Sunday from the board of the Bitcoin Foundation, putting the spotlight back on the besieged bitcoin company. In a statement posted on the industry lobby group’s website, executive director Jon Matonis said the Tokyo-based firm had submitted its resignation from ...

  6. News - World - FINANCE

    850,000 bitcoins lost as Mt Gox exchange files for bankruptcy

    Posted Feb 28th 2014, 07:04pm by Danny Lee and Agencies

    ... executive Mark Karpeles apologises for collapse of company Troubled bitcoin business Mt Gox yesterday filed for bankruptcy, ending days of speculation about the Tokyo-based company's dire ... by foreigners, had lost 750,000 of its users' bitcoins and 100,000 of its own. At the current bitcoin price of about US$565, that would total some US$476 million. Just hours before the bankruptcy ...

  7. News - World - FINANCE

    US federal prosecutor investigating failed bitcoin exchange Mt Gox

    Posted Feb 27th 2014, 11:30pm by BLOOM

    ... Bloomberg in Washington US prosecutor probes failed bitcoin exchange Manhattan federal prosecutor Preet Bharara has sent subpoenas to Mt Gox, other bitcoin exchanges, and businesses ... to the shutdown of Tokyo bitcoin exchange Mt Gox. Mt Gox, which had the largest market share of all digital-currency exchanges as recently as last April, went offline on Wednesday after halting customer ...

  8. News - World - FINANCE

    Customers turn to paper to secure their bitcoin funds

    Posted Feb 28th 2014, 11:21pm by DANNY LEE

    ... Danny Lee and Reuters danny.lee@scmp.com Customers turn to paper to secure virtual funds Don't bet on bitcoin exchanges to keep your money safe, investors and fans of the troubled ... Tokyo exchange lost bitcoins worth millions of dollars when it fell victim to cybercriminals. The digital heist has triggered an investigation in Japan, and has left fans of the online currency ...

  9. News - World - FINANCE: ANALYSIS

    Failure of Mt Gox bitcoin exchange hurts virtual currency’s prospects

    Posted Feb 26th 2014, 09:14pm by AP

    ... Associated Press in Tokyo Collapse of Tokyo-based Mt Gox could be fatal to virtual money's quest to gain wider acceptance Failure of bitcoin exchange hurtscurrency's outlook The sudden disappearance of one of the largest bitcoin exchanges adds to the mystery and mistrust surrounding the virtual currency, which was beginning to gain legitimacy beyond the technology ...

  10. Business - Banking & Finance - FINANCE

    Bitcoin exchange Mt Gox faces questions over US$350m theft

    Posted Feb 25th 2014, 11:56pm by DANNY LEE

    ... Danny Lee danny.lee@scmp.com Mt Gox goes offline amid bankruptcy rumours after huge theft of customers' digital currency, 'which went unnoticed for several years' Bitcoin exchange loses US$350 m The once dominant virtual currency exchange Mt Gox, now a shadow of its former self, was keeping silent over the theft and mismanagement of US$350 million worth of bitcoins ...




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