Ethereum Developer to Insurers: Consider Covering Bitcoin Risk

A Canadian insurance industry magazine reports that at the Annual Engineering Insurance Conference Ethereum Developer Ethan Wilding offered statements including: "If you are working in the insurance industry, this is something you might want to consider, get some actuarial scientists on it and see if it's not something you can get involved in and make a big name for yourself as a premier Bitcoin underwriting company." The conference was hosted by The Boiler Inspection and Insurance Company of Canada which the magazine notes presented on their electrical transformer oil and gas inspection program.

Dell Sells Excess Capacity To Bitcoin ASIC Miners

Contracts that are short and cheap, provide huge capacity and room to grow quickly are just some of the requirements that bitcoin miners demand from data centres. But these needs are not met by the type of product that your typical colocation company provides. On the other hand, it's nothing new that some companies find themselves with more space than required but what is new is that now, that excess capacity is being used for bitcoin ASIC hosting. Continue reading

Judge Forrest Rejects Illegal Search Defense In Ulbricht Case

Ulbricht's lawyers defense that the FBI illegally collected evidence in the case against him has been rejected by Judge Katherine Forrest on the grounds that Ulbricht insufficiently established that the server searched was his. Wired describes the ruling as based on a technicality. Some reactions to the ruling: Continue reading

Andreas Antonopolous Testifies Before Canadian Senate Committee

On Wednesday, October 8, Bitcoin advocate Andreas Antonopolous testified before the Canadian Senate Committee on Banking, Trade, and Commerce on the subject of digital currencies and regulation. The meeting was the one in a series of eleven scheduled by the Senate Committee on the subject of the “Study on the use of digital currency.” Previous meetings featured presentations by representatives from Visa and Mastercard; the Bitcoin Embassy, the Bitcoin Alliance of Canada, and the  Bitcoin Foundation; BitPay and PayPal; the Canada Revenue Agency; CAVirtEx, the Bitcoin Strategy Group and Bit Access; and the Bank of Canada, among others. Continue reading

Wix.com Integration With snapCard Allows Sites To Accept Bitcoin

All Wix members can now accept bitcoin on their websites or blogs with the snapCard widget. Wix.com is an online based website builder that includes simple drag n' drop features as well as free hosting for their members. In conjunction with Boost.vc, Snapcard was founded on Black Friday in 2013. Their goal is to "help bring liquidity to the Bitcoin currency" by giving users the ability to purchase items from online retailers such as Amazon and Staples. Continue reading