The New York Times reports that Coinbase has hired former adviser to the US Senate Homeland Security and Government Affairs Committee John Collins. Coinbase is a California based business that "hosts" wallets on the behalf of users while also serving as a payment processor and online retail counter for exchanging between Bitcoin and United States dollars in a time insensitive manner. Among users Coinbase is notable for its inquiries into user activities and blocking gambling related transactions without regard for their actual legality in the user's jurisdiction.
Category Archives: News
CoinJar Confident Despite Recent Difficulties
CoinJar, an Australian company self-described as "Australia’s leading bitcoin platform", have released a blog update in which they state despite difficulties, the team remains agile, adaptable and confident for what the future might bring. Continue reading
BitWork.io Allows Users To Complete And Set Tasks For Bitcoin
BitWork.io is a new website that allows users to complete tasks set by others and earn bitcoin upon completion. Users can also create a task for others to complete at a rate they are willing to pay for it to be done. Continue reading
Write For Qntra, Earn Equity In Qntra
One of the deciding factors when launching Qntra was that the vast majority of bitcoin news websites are corrupted and/or co-opted by dubious companies who wish to advertise their preorders, nonexistent and misleading products to as wide an audience as possible. Pay the entry fee and they gladly promote anything, the content acts as filler for the scamvertisements.
We're going to change that by using a model that will "provide ample financial and political incentive" to do so. Today marks the day that Qntra was listed by MPEx and if you wish to be a part of that, you can earn equity in Qntra by having qualified articles published here.1
By contributing news, views and commentary, you will receive an amount of shares equal to the word count of your article. Whether you decide to keep them, sell them or perhaps buy more, the choice is yours2. You can contact either cazalla or BingoBoingo if you wish to discuss it further and learn more about how Qntra got its start here.
Justcoin Wounded by Ripple Flaw
Justcoin CTO Andreas Brekken documented on his blog a flaw in the official Ripple gateway implementation wherein transactions may be credited for amounts far greater than the actual amount actually transacted. Justcoin customer balances are affected based on customer reports of an email sent by Justcoin. The culprit in the case is a transaction flag called tfPartialPayment which the Ripple wiki described thusly in older revisions: Continue reading
Newspaper Claims Bitcoin Used To Buy Poisonous Snakes & Spiders
The Irish Mirror, an Irish newspaper has made claims that their undercover investigation revealed poisonous spiders and snakes are being purchased with bitcoin via the Dark Web and then shipped into Ireland where it is legal to breed them. The article goes on to report that lizards, geckos and even rattlesnakes are available for purchase. Continue reading
Review & Testing Requested For Headers First Patch
Headers first changes the way in which the Bitcoin Core client discovers a chain, downloads and verifies it. Pieter Wuille, who has been working on the change, is calling for people to review and test his code. Continue reading
God Is A Gamer By Ravi Subramanian
Ravi Subramanian, a former banker turned writer is a popular Indian author who has written financial thrillers such as If God Was a Banker amongst many other titles. His latest book, God is a Gamer, was published in September and is available for purchase. In the book, bitcoin features as a key ingredient throughout the story. Continue reading
Jon Matonis To Headline Bitcoin4iGaming Conference This November
The Bitcoin4iGaming Conference, which kicks off next month, will be headlined by Jon Matonis. Matonis, who is the Executive Director of the Bitcoin Foundation, believes his role is to educate industry leaders in order that they may navigate the Bitcoin ecosystem. Continue reading
Man Arrested For Using Credit Card at Cyn Nightclub
An extended delay in credit card transaction processing left a Patron of Cyn Nightclub in Fort Lauderdale Florida facing grand theft charges. Trusted third party Wells Fargo which issued the card approved an $80 charge for drinks earlier in the night, but failed to approve $600 in charges later in the night. A second card from trusted third party also failed to approve the later charges. $1000 in bail was successfully paid by one of the card issuers to the Broward County Jail. Continue reading