Ashraf Shokry

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Bitcoin Startup Coinbase Surges Past 1M Consumer Wallets In The Post-Mt.Gox Era

Today Coinbase announced that it has created more than 1 million consumer Bitcoin wallets on its platform, pointing to increased interest in the market for the cryptocurrency. The company started 2013 with fewer than 13,000 wallets in the bag.<p>That Coinbase grew greatly in 2013 is not surprising, as …

Mt. Gox files for bankruptcy protection after losing $473M worth of Bitcoins, has $63M in debt

The rumors were true: Mt. Gox lost a boatload of Bitcoins.<p>The former popular Bitcoin exchange, which shut down suddenly this week to “protect the site” and its users, announced this morning that it is officially filing for bankruptcy protection, the Wall Street Journal reports.<p>In a Tokyo District …

Bitcoin creator and 64-year-old train collector deny claims that they are one and the same

A 64-year-old model train enthusiast living near LA named as the reclusive creator of Bitcoin by Newsweek magazine has denied any connection, while the mysterious "Satoshi" also appears to have weighed into the debate online<p>• <b>Who is the reclusive billionaire creator of Bitcoin?</b><p>A 64-year-old model …

Beware Bitcoin, warns Washington state financial regulator

Watch out: Bitcoin is volatile, unregulated and you could lose it all!<p>Yes, this warning might seem obvious to anyone savvy enough about the virtual …

Overstock’s Bitcoin bet brings in $20-30K every day, CEO says

Overstock.com recently announced that it has done more than $1 million in Bitcoin sales since the company started offering customers the ability to …