Bitcoin entrepreneur Naphex recently unveiled a beta version of his adult webcam site XOtika.tv for public testing and enjoyment. At present the service is only tested to work on Google's Chrome web browser, but the technological aspects of the service are continually iterating at this time for continued improvement. Even at this early stage though Naphex has recruited a number of high quality talents to provide numerous entertainment options for viewers. Unlike some older services like LiveJasmin which have happened to eventually sign on with third party Bitcoin payment providers, XOtika is built around Bitcoin and works to leverage advantages inherent to Bitcoin for the benefit of users and performers. Between the solid and improving technological base and the early stable of high quality entertainers XOtika has the potential to be the first serious contender born in Bitcoin to enjoy success in the live online adult entertainment industry.
Category Archives: People
Bryan Micon To Return To Las Vegas To Face Charge
The Las Vegas Review Journal reports (archive) that Seals with Clubs operator Bryan Micon will return to Las Vegas to face a charge of operating an unlicensed interactive gaming system. Micon came to the attention of the Nevada Gaming Commission earlier this year for operating the now defunct Seals with Clubs bitcoin poker site which was relaunched by Micon himself as SwC Poker.
Court records1 indicate Micon will be released on his own recognisance after being booked with a hearing set for Thursday, June 25th at which Micon is expected to attend. Continue reading
Not verified by Qntra at this time. ↩
Shaun Bridges Pleads Guilty to Silk Road Theft
Shaun Bridges who was charged the same day as Carl Mark Force IV has plead guilty to money laundering and obstruction of justice charges. Bridges as an agent of the United States Secret Service used passwords he coerced from a customer service representative of the Silk Road to move what prosecutors describe as $820,000 in Bitcoin value to a Bitcoin address under his control from Silk Road accounts.
Hulk Hogan Puts Denton's Control of Gawker Media on Life Support
A Pinellas county Florida suit by Terry 'Hulk Hogan' Bollea against Gawker Media and two private individuals, Heather and Bubba "the Love Sponge" Clem, is part of a storm of misfortune that is placing Nick Denton's continued control of Gawker Media in jeopardy. The lawsuit relates to Gawker's publication of a sex tape where Bollea fucks Heather Clem. The tape also features Bubba "the Love Sponge Clem" giving his blessing for the coital act between Bollea and his ex-wife Heather. The Hulkster is seeking $100 million in damages against Gawker Media for their role in the publication of this sex tape. Gawker posted the tape on October 4th 2012 and an injunction was issued in April 2013. As of the time of this reporting the original post features a link that they purport still hosts the video though it no longer does. Continue reading
CoinJar COO Ryan Zhou Caught Impersonating Dice Site's Developer
Co-founder and COO of CoinJar Ryan Zhou – better known as Zhoutong and for his involvement in the two thefts which plagued Bitcoinica back in 2012 – has been found once again with his hand in the cookie jar this time impersonating the developer of the bitcoin gambling sites BitDice.me and DogeDice.me on the subreddit /r/bitcoinmarkets.
Starting with a now deleted post in which an unknown user – arguably Zhoutong himself – complained that BTC-e had locked their account containing over 100 BTC and would not release the funds unless the user was forthcoming with identity documents. BitDice.me has since confirmed BTC-e locked the user's account at its behest after the funds were withdrawn from the dice site earlier this year when a user exploited the fact the dice site's administrator foolishly left test code on the live site which enabled users to add the site's own bitcoin to their account. Continue reading
U.S. Treasury: Bitcoin Used In Money Laundering, Terrorist Financing
The U.S. Department of the Treasury today released (archive) two documents with the stated aim of helping the public and private sector understand the methodology used by supposed criminals to facilitate money laundering and terrorist financing. The two documents – titled the National Money Laundering Risk Assessment (NMLRA) and the National Terrorist Financing Risk Assessment (NTFRA) – cite Bitcoin as just one method supposed criminals use to launder money and supposedly fund terrorist organisations such as ISIL/ISIS. Continue reading
FBI Counterterrorism AD Michael Steinbach: "Prevent encryption above all else"
During a House Homeland Security Committee hearing in Washington, D.C. on June 3rd, 2015, FBI Counterterrorism Division Assistant Director Michael Steinbach enlightened those present to the difficulties his agency faced in using encrypted data from the private sector. “When a company, a communications company or a ISP or social media company elects to build in its software encryption, end-to-end encryption, and leaves no ability for even the company to access that, we don’t have the means by which to see the content”, Steinbach said, insisting that such content was useful for the interception of terrorism activities, particularly amongst supporters of ISIS abroad. Continue reading
Exodus From New York Begins
In the wake of New York's adoption of regulations which seek to regulate rather than submit to Bitcoin, Erik Voorhees has taken his altcoin exchange startup ShapeShift.io and taken it out of New York. Voorhees previously acquired the fledgling accountless Bitcoin gaming site Satoshi Dice leading it to a long reign as the most popular Bitcoin gambling site of the time. Stock in Satoshi Dice was traded on MPEx as S.DICE where it similarly enjoyed a long reign of popularity until Voorhees sold the site in full to close the security as part of a settlement with the United States Security and Exchange Commission over his first Bitcoin startup FeedzBirds. The exodus of businesses from New York, the United Kingdom, and other jurisdictions that wish to regulate themselves out of relevance in the Bitcoin space is likely to continue.
Popescu's Response to Bharara's Ulbrict Sentencing Commentary Inquisition
Bharara Seeks To Prosecute Silk Road Trial Commenters
Popehat has obtained a subpoena pushed through by Preet Bharara's office seeking information on a number of persons who commented on a May 31st article by Nick Gillespie published on Reason Magazine's website. The article in question concerned Ulbricht's pre-sentencing letter to Judge Katherine Forrest. Preet Bharara's office intends to prosecute the emotionally distraught commenters under the Federal Statute prohibiting the interstate communication of threats. This is the same statute under which just days ago a conviction won by Federal prosecutors from another office was overturned and sent for retrial under more restrictive jury instructions as criminal threats must be demonstrated to have a culpable state of mind on the part of the speaker for them to be actually criminal. Let us consider each of the eight instances of speech that Preet Bharara wants to prosecute as criminal: Continue reading