Stripe Breaks Up With Cody Wilson

Payment processor Stripe has terminated their business relationship with Cody Wilson, an activist who designs 3D printed firearms and milling tools for completing AR-15 lower receivers. His charity Defense Distributed currently has listed for sale in their online store a t-shirt, a sticker, a PVC patch, and a nail suitable for use as a firing pin in a 3d printed firearm. Defense Distributed also sold out its limited pre-order of the tabletop CNC mill named "Ghost Gunner" which is the product for finishing lower receivers, though will also support an open design format so that it may also be used for other aluminum milling purposes.

Court Order: BFL to transfer Bitcoins to Court

In a new development in the Case against Butterfly Labs, the Court overseeing the case has ordered bitcoins held by Butterfly Labs to be turned over to the Court appointed temporary receiver. The order also gives the receiver  authorization to convert the bitcoins "to cash on a systematic and reasoned basis." The justification for this measure is at least to ostensibly create reserves with which refunds for Butterfly Labs customers may be paid from. Continue reading

Boost VC Close $6.6 Million In Funding

Boost VC, a startup accelerator founded by Adam Draper and Brayton Williams, have closed USD $6.6 million in bezzle which will be used to fund and develop 200 companies over the next three years. Investors in this round include Adam Draper's father Tim Draper, grandfather Bill Draper, Marc Andreessen, Ben Davenport, Barry Schuler, Rothenberg Ventures, Maven II and Kilowatt Capital. 50% of the capital raised will be used to fund Bitcoin startups. Continue reading

7th Underhanded C Contest Going on Now

The Underhanded C contest opened to challengers yesterday and continues though New Years day 2015. This year's challenge features oversharing sites and National Security Letters in its theme, but with a twist in that the surveillance function is to subtly leak information about the act of surveillance. Last year's challenge involved a social media theme as well, though with a different angle for mischief. Challenges from past years are featured on the site which feature solutions perfect for ramping up a person's paranoia about software quality.