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
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
Bitfilm Festival's Fundraiser Coins Now Available To Supporters
As part of a fundraising campaign, The Bitfilm Festival has launched a coin that allows participants to show their support and pocket some extras for doing so. The coins, capped at 2100, can be purchased for 50 mBTC each and to date, 33 have been sold while a further 2,067 remain. Continue reading
CryptosNews Join The Shenanigans At StartJOIN
CryptosNews, a news website project by the Europe Crypto Group has received a small amount of backing1 from none other than Max Keiser and Stacy Herbert. Continue reading
11 backers, raised £265 so far ↩
Gamer Currency HYPER Goes Where Bitcoin Can't (Into The Bin)
Heavily promoted by David Seaman, HYPER, a PoS altcoin marketed at gamers which claims it can go where Bitcoin cannot, has released details of upcoming developments. 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
Liberty Reserve Founder Arthur Budovsky Extradited
The most prominent department of the United States government that prosecutes persons today announced that it has extradited Costa Rican citizen Arthur Budovsky from Spain. Assistant US Attorney General Caldwell is quoted in the Department's press release noting that Budvosky had already renounced his United States citizenship, operated his venture in the country outside of the United States otherwise known as Costa Rica, and had at the time of his extradition been storing his corporeal form in Spain which is another country which is not in the United States.