Bitcoin Called 'Unstable' By Microsoft, Dropped As A Payment MethodMicrosoft employees told reporters at Bleeping Computer that the cryptocurrency's market was too volatile to keep using for online transactions.
Morgan Stanley: Bitcoin May Actually Be Worth $0Morgan Stanley executive director James Faucette has reportedly sent a memo to his group's clients that suggested the true value of Bitcoin was $0.00.
Bitcoin's Creator Still A Mystery As Net Worth Nears $20 BillionThe cryptocurrency has made its creator, who reportedly owns 980,000 Bitcoins, one of the richest people in the world as their digital fortune is now worth $19.4 billion.
New Security Based On Bitcoin Prices LaunchesA new security based on bitcoin prices made its debut on the Chicago Mercantile Exchange, a week after a rival security launched on an exchange.
People Mortgaging Their Homes To Buy Bitcoin, Report SaysAccording to reports, a number of investors looking to cash in on the soaring prices have resorted to putting their houses up as collateral to fund the venture.
First-Ever Bitcoin Futures Begin Trading On CBOEThe first-ever bitcoin future began trading Sunday as the increasingly popular virtual currency made its debut on a major U.S. exchange.
Bitcoin Keeps Soaring, Value Increases Over $4,000 In 36 HoursThe cryptocurrency has soared to a price of over $16,000 per share on Dec. 7; a jump of over $4,000 in just 36 hours of trading.
Cryptocurrency ‘Bitcoin’ Is Piquing Interest Among Some InvestorsIt looks like a typical ATM, but it isn't. When customers put in cash, they get bitcoin in return.
NJ School District's Computers Held Hostage For Bitcoins, Disrupting Tests A New Jersey school district is hoping to resume standardized testing after delays because its computer network was shut down in an online attack.
Texas Man Charged In New York In First Bitcoin Ponzi Scheme CaseFederal prosecutors in New York on Thursday announced the first bitcoin securities fraud case, accusing a Texas man of engineering a Ponzi scheme involving bitcoins.
Man Behind Alleged Black Market Drug, Hacking Website Pleads Not GuiltyU.S. District Judge Katherine Forrest set the Nov. 3 date as 29-year-old Ross William Ulbricht pleaded not guilty to four charges in a rewritten indictment returned earlier this week.
Bitcoin Operators Charged In NYC 'Silk Road' Drug BustThe top executive of a Manhattan-based Bitcoin company and a Florida Bitcoin exchanger have been charged with conspiring to commit money laundering by selling more than $1 million in Bitcoins to users of the black market website Silk Road, which let users buy illegal drugs anonymously, authorities said Monday.

More From CBS New York

Download Weather App
Bloomberg WCBS Tri-State Business Index
Hear It On Demand

Watch & Listen LIVE