Silver Law Group has filed two lawsuits: one against Paul Vernon, CEO of Cryptsy a cryptocoin to cryptocoin exchange, and Trendon Shavers, also known as "pirateat40", operator of a ponzi scheme, Bitcoin Savings and Trust. Many of Cryptsy's customers have been disappointed with the service, as complaints of users missing coins have surfaced. These complaints became so numerous, the company sent out a blanket email to their users addressing the issue: Continue reading
Monthly Archives: October 2014
Taiwan: Regulators Approve Listing of Mining Chip Maker
In Taiwan, regulators have approved the listing of semiconductor design house Alchip Technologies on the Taiwan Stock Exchange. Alchip reportedly produces ASIC mining chips for KNC miner and Avalon as well as chips unrelated to Bitcoin mining.
Swedish Enforcement Agency To Look If Debtors Own Bitcoin
The Swedish Enforcement Authority, which is a government agency that enforces judgements both public and private, has announced it will begin investigating whether debtors have stashed away or hidden bitcoins. Continue reading
Pool's Closed For Crypto Money Expo
Crypto Money Expo, the brainchild of Eyal Abramovitch, is an online Bitcoin conference which runs December 5th through 6th, 2014. Speakers include Matthew Rosak1, Peter Todd2, Sam Onat Yilmaz3, David Johnston4, J.R Willett5, Kirk St Johns6, Ofir Beigel7, Aric Fedida8, Evan Duffield9 and Matan Guter10. Continue reading
New Paper: Bitcoin over Tor a Bad Idea, Especially bad for SPV
In a new paper by Alex Biryukov and Ivan Pustogarov outline deterministic man in the middle attacks that can subject Bitcoin users over Tor to a number of adverse circumstances. From the paper: Continue reading
GoCoin Gets Cozy With iGaming Operator
GoCoin today announced its agreement with Cozy Games1, a Malta based iGaming operator which provides a suite of white label products such as slots, bingo, table and networked jackpot games amongst other gambling services for online casino operators. The partnership with GoCoin will enable Cozy Games to accept Bitcoin, Litecoin and Dogecoin deposits. Continue reading
Which uses what is by far the most frustrating method of navigating a website I have ever seen. Kill me now. ↩
Bitcoin Shop Attempts to Strengthen Shareholder Equity
Bitcoin Shop announced an equity redemption in a press release given to Market Watch. The officers and directors unanimously agreed to the redemption of 12,750,000 shares of their common stock. This redemption serves as a discounted buyback of the founders' common stock as the total payment for the 12,750,000 shares was filed as $2,491. This implies the stock was redeemed for $0.0002 per share, a 40,000% discount of the current market value of BTCS at $0.09 per share. Continue reading
Breakout Gaming Fall Short In Attempt To Raise 10,000 BTC
Breakout Gaming, the gambling startup which is backed by various poker pros such as Johnny Chan, Huck Seed, Jennifer Harman plus many more, yesterday launched their "Initial Coin Offering" in the hopes of raising between 7,000 and 10,000 bitcoin. Continue reading
Julian Assange: "Bitcoin's Blockchain Most Intellectually Interesting Development In The Last Five Years
Julian Assange, the Wikileaks co-founder who continues to remain confined to the Ecuadorian embassy in London despite plans to leave, shared his thoughts on how the Bitcoin blockchain could be used to break Orwell's dictum that he who controls the past controls the future and who controls the present controls the past. Continue reading
BitFury Capital Announces Investment in GoCoin
Bitfury Capital has announced an investment in the Payment processor GoCoin. Bitfury Capital is the Investment arm of the Bitfury Group.