In their monthly statement today No Such lAbs teased at a potential future product, a piece of hardware capable of running a Bitcoin node. The venture's aim is to produce user auditable hardware to provide persons with an alternative to opaque open in name only computing solutions. Continue reading
Monthly Archives: February 2015
MtGox Parent Company Tibanne Enters Bankruptcy
The Tokyo District Court has issued an order of commencement of the bankruptcy proceeding for MtGox parent company Tibanne. The request for bankruptcy proceedings were made by MtGox creditor Nobuaki Kobayashi late last month. Notification of the proceedings were published on the MtGox website earlier today and a text version is provided below. Continue reading
Love Will Inc (Pheeva Wallet) Win 2015 Olin Cup
Love Will Inc, a startup known for producing products such as the Pheeva Bitcoin wallet, have won the top prize in the 2015 Olin Cup competition. The Olin Cup, a yearly event held by Washington University's Skandalaris Center for Entrepreneurial Studies, awards first place getters a total of $50,000 in investments: Continue reading
BitMarket.pl Account Closed over HYIP Links
Silicon Angle reports that a likely catalyst for the suspension of bank accounts used by BitMarket.pl is a recurring connection between that exchange and High Yield Investment scams. The accounts were closed by BPH, a bank owned by bezzle economy giant General Electric. Silicon Angle also notes that BitMarket.pl was injured in the EgoPay drama.
Foundation Releases Report and Bitcoin 0.5.3.1
The Bitcoin Foundation released their January 2015 report on their development efforts today. Among other accomplishments was iterating the version number of their reference implementation of the Bitcoin protocol to version 0.5.3.1 and subjecting it to further rigor. Continue reading
Preet Bharara and Dratel Battle Over Defense Witness (Plain Text of Filings)
As the Silk Road show trial continues with Preet Bharara's team and Judge Forrest doing everything they can to suppress evidence that might allow for reasonable doubt, while permitting accusatory evidence without regard for its origin the battle has moved on to challenging the defense's witnesses. Continue reading
Coin-Swap Exchange Users Unable To Withdraw Their Coins
An increasing number of users of the altcoin exchange Coin-Swap are complaining about the inability to withdraw their coins from the exchange and claim that their support tickets and emails are yet to be acknowledged. The Coin-Swap exchange features over 50 altcoins which trade against bitcoin, dogecoin and more recently, paycoin. Continue reading