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Bitcoin is a cryptocurrency first described in a 2008 paper by pseudonymous developer Satoshi Nakamoto, who called it a peer-to-peer, electronic cash system. (wikipedia) Through 2013 it has seen huge gains punctuated by high volatility.

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Bitcoin defies talk of China crackdown

Bitcoin

The price of bitcoin rose on Tuesday despite growing uncertainty regarding regulation in China, including a possible deadline for the country's banks to stop handling the virtual currency.

Not all bitcoins were lost at Mt.Gox

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Tokyo-based bitcoin exchange Mt.Gox claims to have nearly a quarter of the 850,000 bitcoins it said it lost in February, according to Kyodo News International.

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Bitcoin and money

Do you really know bitcoin ? Here are 11 myths

While there were plenty of other big surprises in 2013, no business story likely was more unique than bitcoin, the online simulated currency that threatened to shake up the global monetary system.

Bitcoin and money

Bitcoin bust: CEO of Bitcoin exchange arrested

Two executives of a bitcoin exchange have been arrested on charges of selling bitcoins to be used to buy and sell illegal drugs anonymously, according to a statement from the Manhattan U.S. attorney's office.

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