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Four years and $100 million later, Bitcoin’s mysterious ...

Bitcoin, the four-year-old virtual currency that approximates cash on the internet , now powers an economy worth more than $1 billion and is widely admired for the technical sophistication that allows it to operate without a central authority. It got its own ticker on CNBC and inspired a legion of startups . And yet, we still don't know where it came from.

Bitcoin was first introduced to the...

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Bitcoin is on the verge of splitting in two - The Verge


Bitcoin is in the midst of a civil war. It has been simmering for some time, though it remained largely out of view to the general public until last month, when a prominent Bitcoin developer announced that the cryptocurrency and the technology underlying were, in his opinion, a failed experiment .

The developer, a former Google engineer named Mike Hearn, believed that bitter infighting...

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FTC shuts down Butterfly Labs, the second-most hated ...

There was skepticism around Butterfly Labs from the beginning.

Like most bitcoin companies, the Missouri-based startup sprang up out of nowhere. In late 2011, there were rumors of a leap in the technology for mining bitcoin. This technological leap had the potential to create massive profits for miners, as well as massive profits for those selling the new equipment to miners. It was the old...

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