A bitcoin ATM machine is shown at a restaurant in San Diego, California. The price of bitcoin plummeted by 20 per cent over the weekend hitting a one-year low. Photograph: Mike Blake/Reuters

The price of bitcoin fell nearly 20 per cent this weekend to its lowest level of the year, prompting worries of a crash. “As the price is going down, (...)

The ever-expanding universe of what you can buy with bitcoin includes a hotel stay in Rome, a kimono in Tokyo, and cable TV in the US. Photo: Bloomberg

He’s known as Bitcoin Jesus in the world of cyber-currencies. Though he can’t promise you heaven, he is offering a haven: a condo in the Caribbean tha(...)

Mark Karpeles (left), chief executive officer of Mt Gox, leaves the Tokyo District Court yesterday. Photograph: Tomohiro Ohsumi/Bloomberg

Bitcoin’s faltering reputation as a viable currency has been dealt a severe blow, with its biggest exchange filing for bankruptcy in the wake o(...)