The Independent reports that more than 20,000 people in Britain have been investigated by Law enforcement for comments they have made online in a story about a law enforcement investigation of a tabloid columnist for an online comment. Continue reading
Category Archives: Europe
GCHQ Says Its Surveillance Ability is Crippled Post-Snowden
According to the Telegraph the British Intelligence gathering agency Global Communications Headquarters, or GCHQ, is warning people that it apparently can no longer effectively track people they refer to as "some of the world's most dangerous crime lords." Problems they claim to face in the post-Snowden age include people taking better operational security measures to avoid surveillance as well as a fear on their part to engage in many of the kinds of surveillance that have been revealed because they might be discovered. They also report that cooperation from communications companies has become problematic in smuggling and fraud cases as the companies insist requests concern matters that involve “direct threat to life” now. Continue reading
Belarus Experiences Bonanza/Currency Panic
In dueling narratives in today's news headlines in Belarus the country is simultaneously experiencing both a trade bonanza and a currency panic to which strong capital controls have been imposed in response. As this happens a Russian Member of Parliament hinted in a tweet that if President of Belarus Aleksandr Lukashenko warms relations with the west in an effort to improve economic prospects he might face a fate similar to Libya's Ghaddafi who fell in a coup supported by the United States after entering into a détente. Continue reading
btcXchange.ro Dispute Heats Up
Earlier this week Romanian Bitcoin exchange btcXchange.ro issued an advisory that customers withdraw both Bitcoin and Leu denominated funds from their platform by today, December 19th. Today they issued a further advisory that issues on their platform are related to an ongoing dispute between that platform's management and their developer. Continue reading
Spanish CyberSquat Raided in 'Counter-Terrorism' Operation
There are report that Kasa de la Muntanya has been raided by Spanish police for its connections to Anarchist activity in an operation that has been described as being "Counter-Terrorism" in nature. At least 11 people have been arrested. Kasa de la Muntanya had in the past been profiled by the BBC as being a 'Cyber Squat' and has been described by Julia Tourianski on Twitter as a place that housed several families. An online profile describes Kasa de la Muntanya as a social center which has been occupied since 1989. Continue reading
Citigroup's Buiter: Gold a Shiny Bitcoin
According to Marketwatch Citigroup's "Global Chief Economist" William Buiter has some thoughts on Gold, Bitcoin, and other currencies in response to a Swiss referendum on how much gold the Swiss central bank should be keeping in reserves and where. Among those thoughts: Continue reading
Bank Hacker Who Blackmailed For Bitcoin to be Sentenced
Lewys Martin who plead guilty to hacking Halifax Bank and demanding a ransom of 2800 BTC in exchange for not releasing the details of 28,000 account holders will likely have his sentence announced according to City AM. A detail of particular note is that the police:
managed to trace Martin despite him using specialised software to shield his IP address.
European Parliament Mulls Google Breakup
Reuters reports that the European Parliament is working on a resolution that proposes a forced split between Google's European search engine business and the rest of their operations. Reuters offers that: Continue reading
Netherlands Repatriates Some Gold
There are reports that the Netherlands has repatriated a substantial portion of its gold holdings from the Federal Bank of New York to their own physical custody. This move changes their allocation of gold held at home from 11% to 31%, and the portion held at the Federal Reserve Bank of New York from 51% to 31% while the remainder of their holdings are split between the Bank of England and Canada. There is no news yet as to whether they've drilled the bars and found tungsten.
Imperial College Hosts Bitcoin Technology Competition for Students
The Business School of Imperial College in London is hosting a competition for students to compete on developing "new forms of Bitcoin technology." The projects will count as course credit and cash awards of up to £3,000 are available, with grants up to £500 available for equipment expenses. The Imperial College press release seems to emphasize the idea of "Blockchain Technology" rather than Bitcoin itself, but it remains to be seen what form the actual student projects will take.