Attorneys representing the FTC have argued that Butterfly Labs should not be allowed to resume operations on the basis that doing so would jeopardise assets which should be preserved for possible consumer redress. As part of their argument, the FTC presented an expert witness who testified that the machines BFL shipped to customers were already obsolete. Continue reading
Author Archives: cazalla
Breakout Gaming ICO Concludes
The Breakout Gaming Initial Coin Offerring has concluded with a total of 387.65244039 BTC being raised. The funds have since moved from 33Bghpzm4pgbSRgnqS63ZBf6dnSjbGc6Sf, having been split up and sent to various addresses. Following the sale, Breakout Gaming's CEO Billy Chung and head of marketing Gian Perroni spoke to CoinDesk1 and used it as an opportunity to misrepresent the facts surrounding the sale/scam. Continue reading
Despite Qntra's mention, CoinDesk only linked to us via a Google cache page. LOL ↩
GAW Miners Continue Scam While CoinFire Is Defaced
Yesterday CoinFire published an article titled "Is GAW Miners lying about partnerships? Telling statements from Walmart, Amazon, Target and More" in which some of the claims made by Josh Garza are proven to be false, specifically: Continue reading
Ben Bernanke & Mervyn King Share Their Thoughts On Bitcoin
Former Federal Reserve Chairman Ben Bernanke and ex-Bank of England Governor Mervyn King both spoke at the CME Group conference held in Florida this past Monday through Wednesday where they were asked by an audience member what they thought about Bitcoin. Continue reading
Gavin Andresen: Core Development Has More Resources Than Ever! But We Can't Pay You
Gavin Andresen of the illegitimate Bitcon Fundation has posted an article titled "Strengthening the Core" in which he claims development of Bitcoin Core is less centralised than ever before while taking a dump on Satoshi for having previously completely controlled the project. Continue reading
Canadian Bankers Association On Bitcoin: "We're Not For It Or Against It"
Terry Campbell, president of the Canadian Bankers Association shared his views on what he thinks Bitcoin is and is not in a short interview with the Edmonton Journal. The CBA represents 60 domestic banks as well as foreign bank subsidiaries/branches operating in Canada. Continue reading
BitPay Begins Promoting Bitcoin Black Friday 2014
In anticipation of Bitcoin Black Friday, BitPay has begun to ramp the November 28th event by sharing some statistics from last year's event while promising that this year's sale is going to be bigger and better than ever before, for the following reasons: Continue reading
KnCMiner: Moving To 16nm, Plan To Offer Cloud Mining
KnCMiner has announced that their plans to move from 20nm to 16nm are well under way, having finalised what they say are the most important contracts in the process. The 16nm chips are expected to be deployed in early 2015 as part of KnC's new mining platform called Solar. Continue reading
Jim Robinson, Tim Draper Confirmed Bidders On Next USMS Bitcoin Auction
Jim Robinson, a co-founder and managing partner at RRE Ventures stated in an interview with Bloomberg his intention to bid on the next USMS auction. Tim Draper also confirmed his intention to bid via an email sent to Bloomberg News earlier today. Both men are investors in the exchange "Mirror" which recently re-branded from the name Vaurum. Continue reading
Melanie Shapiro's CryptoLabs Launches GSM Enabled Hardware Wallet With Camera
CryptoLabs, a startup founded by Melanie Shapiro, today announced via TechCrunch the launch of their bitcoin hardware wallet named Case. In the introductory video, Shapiro describes Case as the easiest and most secure wallet, telling TechCrunch: Continue reading