Auction site CryptoThrift has announced that they have lost more than 15 BTC in a breach of a hot wallet they used for keeping coins in escrow. The incident happens nearly one year after Bitmit, another auction site was hacked for a similar amount. Bitmit shutdown after the operators could not find a buyer who could cover losses. According to CoinThrift the attack occurred early the morning of October 5th but went undiscovered for some time. They report contacting Australian Federal Police about the incident.
Gavin Andresen Proposes Scalability Roadmap and Hardfork
On the blog of Peter Vessenes's Bitcoin Foundation Gavin Andresen offered an outline of measures he would like to see to improve the ability of Bitcoin to scale in the future, and one measure he proposes is a hard fork over blocksize. The measures mentioned include: Continue reading
RockMiner R4 Devices Seized at Customs, One Person Detained
Four Rockminer R4 Bitcoin miners were seized by the Customs Service in Chita, Russia along with the Russian Citizen transporting them according to a report by Coinside.ru's Maxim Primakov. According to the report this action may be supposed to be the beginning of a practical campaign against Bitcoin by the Russian Government following longstanding rhetorical opposition to Bitcoin by elements of the Russian Government.
Coinside's report offers hope that Customs officials along the European border may be less capable or inclined to seize Bitcoin mining devices, but cautions their readers about having mining devices delivered by Russian Post as the time taken to receive a Bitcoin miner is a critical factor that affects its possibility to mine profitably.
Andreas Schildbach Releases 4.0 Version of Bitcoin Wallet for Android
Early this morning Andreas Schildbach released version 4.o of his "Bitcoin Wallet" for Android devices and announced the release on his Google Plus page. Continue reading
Bitcoin Prices Dip Under $300, Rebound
Bitcoin prices hovered around $300 today for several hours as a substantial ask wall was placed on Bitstamp at exactly $300. The ask wall's life came to an end with an intense 10 minutes and three million dollars of trading captured on video.
2 Bitcoin Users Who Decided To Break Bad
A British woman, convicted of purchasing poison via the Internet but cleared of attempted murder, says she was inspired by AMC's Breaking Bad. Continue reading
American Green To Continue Bitcoin Vending Machine Rollout
Taking credit cards is a proposition that some marijuana dispensaries cannot accept. This has forced many of them to remain a cash only business, something which has its own set of problems. This is an issue that the ZaZZZ machine from American Green hopes to solve. Continue reading
Silk Road Lawyers Challenge Justice Department "Leaky Captcha Theory"
The defense team for Ross Ulbricht is challenging the assertion by the prosecution in a filing last month that the Silk Road servers and eventually the alleged Silk Road mastermind was found due to a leaky misconfigured captcha on the site. Among the documents released challenging the Government's assertion are configuration files and traffic logs according to Brian Krebs.
Is This 3rd Time Lucky For Andreas M Antonopoulos?
"Mastering Bitcoin", a new book that will "tell you everything you need to know about joining one of the most exciting revolutions since the invention of the web" has been completed and sent to the publisher1 for production. Continue reading
O'Reilly. ↩
Breakout Gaming Release BRO Coin Details
Breakout Gaming, a startup that plans to offer poker, blackjack, slots and fantasy sports amongst other casino type games, have revealed details of its BRO Coin which will be the coin of choice for betting on the site1. Continue reading
Bitcoin may be deposited but must be exchanged for BRO in order to place a wager ↩