A 64-year-old physicist, identified by Newsweek magazine as Bitcoin's creator, was chased by reporters through Los Angeles and denied any role in the digital currency, saying he first heard of it three weeks ago.

Bitcoin's mysterious inventor, Satoshi Nakamoto, has apparently been discovered by Newsweek reporter, Leah McGrath Goodwin. And I'm torn.

Ripple Labs, which facilitates payments in mainstream and virtual currencies, is creating a developer portal and supporting a new accelerator. Already its efforts have made it possible to connect the Ripple payment network to websites that run on Magento's e-commerce platform.

Flexcoin, a Bitcoin bank, was forced to shutdown after hackers stole 896 units of the digital currency, the Guardian newspaper reported.

Pock.io is allowing consumers in the U.K. to buy gift cards from large merchants such as Apple by using Bitcoin and other digital currencies.

Payments played a major role in the 2014 Mobile World Congress in Barcelona. Here are some of the biggest announcements that came out during the conference, and a few from just before or afterwards that were no less important to the mobile payments community.

Some governments are getting into the digital currency game, offering their own alternatives to cash with traits that differ in meaningful ways from cross-border cryptocurrencies like Bitcoin.

Federal Reserve Board Chair Janet Yellen said today that the central bank does not have the power to supervise Bitcoin, the most widely-recognized digital currency.

The Royal Canadian Mint, which casts coins for the Canadian federal government, has started a pilot test of its MintChip digital currency. Through these tests, the Mint must make clear what this new currency is and what it is not.

Sen. Joe Manchin (D-W.Va.) wants federal regulators to ban Bitcoin.

The Dutch startup Eaze introduced a "Nod to Pay" app for Google Glass that uses the headset's camera and ability to sense motion to enable Bitcoin payments.

Account holders at MtGox, the massive Bitcoin exchange that abruptly shut down this may not be left completely empty-handed. If the Tokyo company files for bankruptcy, its customers could retrieve some of the funds it is holding hostage.

Mt. Gox, the Bitcoin exchange that halted withdrawals this month, went offline as industry peers distanced themselves from the Tokyo-based company in an effort to defend the virtual currency.

The chief executive officer of Mt.Gox, the Tokyo-based Bitcoin exchange where prices are tumbling after it halted withdrawals, stepped down from the board of a key advocacy group for the virtual currency.

New features from the merchant services provider BitPay aim to simplify the process of making Bitcoin payments to merchants.

Bitcoin holders are offering the virtual money for $110 on the online exchange Mt.Gox, down from $829 two weeks ago, following its decision to halt withdrawals earlier this month.

Silicon Valley Bank and MasterCard Inc. launched the Commerce.Innovated. accelerator to find and nurture innovators in payments technology.

Allowing merchants to set up recurring debits or pull money from a Bitcoin account seems in conflict with the Bitcoin protocol itself, which was built for push transactions, allowing consumers to have a better handle on what payments they make. But pull transactions are just what a partnership between Coinbase and Balanced will enable.

Amazon.com Inc. is expanding the use of its digital currency, Amazon Coins, to all apps and games in the mobile Amazon Appstore.

The Bitcoin community is in limbo after two big exchanges halted withdrawals due to a technical feature within the Bitcoin protocol that allowed fraudsters to manipulate transaction IDs.