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Bitcoins are the most prominent of these new digital currencies, which have come under scrutiny from regulators and law enforcement officials.
FBI has arrested Silk Road owner, Ross William Ulbricht, 29, known online as "Dread Pirate Roberts," in San Francisco.
The cyberattack shows that Bitcoin, which exists solely in cyberspace and operates on a software code, is vulnerable to such an assault
Europe should update its laws to reflect the rise of digital currencies, the head of a Bitcoin startup said, after a successful US auction of Bitcoins was seen as a sign of their broadening appeal.
New York’s powerful banking regulator Benjamin Lawsky said that digital currencies like Bitcoin pose a major challenge, but should not be stifled.