Bitcoin http://kut.org en Bitcoin Exchange Mt. Gox Goes Dark After Theft Report http://kut.org/post/bitcoin-exchange-mt-gox-goes-dark-after-theft-report "The website of major bitcoin exchange Mt. Gox was offline Tuesday amid reports it suffered a debilitating theft, a new setback for efforts to gain legitimacy for the virtual currency," <a href="http://www.npr.org/templates/story/story.php?storyId=282335422" target="_blank">The Associated Press reports</a>.<p>Also Tuesday, all the posts had been <a href="https://twitter.com/MtGox" target="_blank">erased from the Mt. Tue, 25 Feb 2014 15:53:01 +0000 Mark Memmott, NPR 9843 at http://kut.org Bitcoin Exchange Mt. Gox Goes Dark After Theft Report What's a Bitcoin ATM Doing in a Downtown Austin Bar? http://kut.org/post/whats-bitcoin-atm-doing-downtown-austin-bar <p><span style="line-height: 1.5;">The first cash-dispensing&nbsp;</span>Bitcoin<span style="line-height: 1.5;"> ATM machine in the U.S. launched today, and it’s right here in Austin.</span></p><p>Bitcoin is a form of digital currency that was first developed in 2009; it is a peer-to-peer payment system that operates outside of a central authority or bank. As&nbsp;<a href="http://kut.org/post/austin-bitcoiners-bring-online-currency-offline-stores">previously reported by KUT</a>, Bitcoin was created for and traditionally used as a web-based currency, but some are attempting to move the currency offline.</p><p>The new Bitcoin ATM represents a big step in the process of trying to brand Bitcoin as a more “mainstream” form of currency.</p><p> Thu, 20 Feb 2014 23:43:01 +0000 Kelly Krupa 9820 at http://kut.org What's a Bitcoin ATM Doing in a Downtown Austin Bar? Austin Bitcoiners Bring Online Currency Offline, Into Stores http://kut.org/post/austin-bitcoiners-bring-online-currency-offline-stores <p></p><p>Bitcoin is blowing up, both in the successful and not-so-successful sense.</p><p>The currency is as volatile as a Texas summer is miserably hot. But the volatility’s not stopping Austin movers and shakers from capitalizing on the craze.</p><p>Last week, a&nbsp;Bitcoin&nbsp;startup that will help grow the online currency&nbsp;<a href="http://www.mystatesman.com/news/business/angel-investors-form-a-network-to-support-bitcoin-/nX6Px/">popped up in Austin</a>. But some Austin&nbsp;Bitcoin’ers&nbsp;are trying to moving the currency offline and into the real world.</p><p> Thu, 06 Jun 2013 14:15:00 +0000 Andrew Weber 7330 at http://kut.org Austin Bitcoiners Bring Online Currency Offline, Into Stores