One of the members of the exchange BTC-e has been taken into custody for alleged money laundering charges, and his role in the Mt. Gox bitcoin heist, which saw 850,000 bitcoins being stolen.
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Former Mt Gox CEO Mark Karpeles is set to go on trial in Japan for losing million of dollars worth of bitcoins. Those affected hope to claw back some of their money from Karpeles through the trial.
After three years, bitcoin's price has risen above $1,000. The last time the cryptocurrency reached this height, Mt. Gox's closure sent the currency spiraling down to the $250 range.
Consumer electronics trader CeX is set to replace the Pound with Bitcoin as the currency of choice for transactions carried out at its Glasgow based store, making it the first reseller to do so.
A U.S bankrupcy filing reveals Mt. Gox continued trading Bitcoins despite being robbed of 750,000 BTC. Analysts and investors are now wondering why Mark Karpeles didn't pull the plug earlier.
Australian businesses are continuing to accept Bitcoin payments weeks after exchange Mt. Gox became bankrupt. The crypto-currency's volatility has not deterred Imbiss25 and Glowgolf from trading it.
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