AP EXPLAINS: What is bitcoin? A look at the digital currency

NEW YORK — It’s worth more than an ounce of gold right now, it’s completely digital and it’s the currency of choice for the cyberattackers who crippled computer networks around the world in recent days. When the attackers’ “ransomware” sprang into action, it held victims hostage by encrypting their data and demanding they send payments

AP EXPLAINS: What is bitcoin? A look at the digital currency