bitcoin

A new kind of cryptocurrency is being developed right here in Central Florida with the aim of changing the way people use the virtual currency.

Suarez told CNBC’s Jon Fortt yesterday there would be to paying city employees with the frequently fluctuating cryptocurrency Bitcoin:

A Tampa teenager, an Orlando resident and a British man have been identified by authorities as the hackers who earlier this month took over Twitter accounts of prominent politicians, celebrities and technology moguls to scam people around globe out of more than $100,000 in Bitcoin.

Bitcoin has minted a new breed of billionaires, but it’s also stoked fears of a bubble. Bitcoin may be the best known cryptocurrency but it’s not the only one out there. Intersection explores the promise and pitfalls of cryptocurrency with a panel of experts.