The MIT Bitcoin Project, which raised over $500,000 in bitcoin earlier this year, has finally gone live. Continue reading
Monthly Archives: October 2014
Bitcoin Options Are Back At IG Markets
IG Markets, the online forex and CFD broker, has brought back bitcoin binary options to the platform. IG Markets previously provided bitcoin options in April of 2013 but removed the offering only a month later. Continue reading
USG Bezzel Rocket Explodes
WKMG in Orlando reports that an unmanned resupply ship commissioned by NASA for the International Space Station has exploded seconds after launch. The craft was an Antares Rocket and Cygnus Resupply craft combination supplied to NASA by contractor Orbital Sciences Corporation.
Update: Video of the explosion Continue reading
LedgerX Thinks Bitcoin is Ready for Options (Again)
New York City startup LedgerX has submitted applications to the U.S. Commodity Futures Trading Commisions (CFTC), to register as a "swap execution facility and derivatives clearing organization." If approved LedgerX would be allowed to list physically-settled digital currency option contracts, particularly Bitcoin denominated contracts. Continue reading
Justcoin Exchange Closing
Justcoin is shutting their doors. The announcement on their blog simply reads:
Justcoin is shutting down. Affected users, check your email
But the email reportedly sent to users goes into a bit more detail. Continue reading
As IPO Fails, Breakout Gaming Plan A Bait And Switch
After the failed Breakout Gaming ICO managed only to raise 80.71 BTC of the 10,000 BTC they were aiming for, the team behind the coin are planning to pull a bait and switch in hopes of salvaging what's left of the non-existent casino. Some of poker's biggest names, such as David Benyamin, Todd Brunson and Johnny Chan have been used to promote the coin and gaming network. Continue reading
Ayo, I'm Tired Of Hearing People Saying Blockchain Technology
If 2013 was the year of "the other 6 billion", 2014 is the year of "blockchain technology". This hysteria, culminating with the Wall St Journal's latest piece which goes so far as to just drop the name Bitcoin altogether in favour of Blockchain1, is yet another attempt to do the impossible – stop Bitcoin. Continue reading
An attempt to remove Bitcoin from the vernacular. ↩
BitPay Lets Bitcoin Customers "Make It Rain"
Tampa, Florida is home to 2001 Odyssey, a strip club which also services user through internet services. Bitpay has partnered with the the club to allow users to pay with Bitcoin for these online services including a feature known as the "Make It Rain Machine." Continue reading
FinCEN: Payment Processors, Others may be Regulated Money Transmitters
FinCEN issued two administrative rulings in regards to "Virtual Currency." The first concerns "exchanges" and supposes they may be regulated as Money Transmitters under the Banking Secrecy Act. The second though supposes that payment processors like BitPay may similarly fall under their purview. This shift comes contrary to the expectations BitPay had disclosed anticipating from FinCEN.
PDFs of the rulings are available here: ruling 1, ruling 2. Extracted plaintext is available below. Continue reading
Blackmailers: Pay Us One Million Euro In Bitcoin Or We Will Spread Ebola
The AFP today report that an individual or group are threatening to release Ebola1 throughout the Czech Republic unless the equivalent of one million Euros in bitcoin is paid to them from the Czech Republic government. Continue reading
Good luck, Ebola-chan! ↩