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US cops make ‘first ever’ Bitcoin seizure following house raid – Register


Reason (blog)

US cops make ‘first ever’ Bitcoin seizure following house raid
Register
American cops have made their first ever seizure of Bitcoin after raiding the house of an alleged drug dealer. The Drug Enforcement Administration seized a haul of 11.02 Bitcoins (worth $814.22 at today’s rates) from an address in South Carolina on
The DEA Seized Bitcoins In A Silk Road Drug RaidTechCrunch
Drug Enforcement Agency Seizes First Bitcoins From Silk Road DealerGizmodo
Drug Enforcement Administration seizes 11 Bitcoins from alleged Silk Road dealerThe Verge
Reason (blog) –Charleston.thedigitel
all 6 news articles »

Reason (blog)

US cops make 'first ever' Bitcoin seizure following house raid
Register
American cops have made their first ever seizure of Bitcoin after raiding the house of an alleged drug dealer. The Drug Enforcement Administration seized a haul of 11.02 Bitcoins (worth $814.22 at today's rates) from an address in South Carolina on ...
The DEA Seized Bitcoins In A Silk Road Drug RaidTechCrunch
Drug Enforcement Agency Seizes First Bitcoins From Silk Road DealerGizmodo
Drug Enforcement Administration seizes 11 Bitcoins from alleged Silk Road dealerThe Verge
Reason (blog) -Charleston.thedigitel
all 6 news articles »

Off-chain Bitcoin Micropayments Implemented in Bitcoinj

The latest improvement to bitcoinj will enable users to make off-block chain micro transactions and has the potential to dramatically reduce the size of blocks going forward. There has been considerable concern about the minimum size of transactions that should be included in blocks. While many voice the opinion that no one should be allowed to police what transactions can be included, it is equally as clear that it is not reasonable for everyone in the world to host every bitcoin transaction on their hard drive. Gavin was particularly excited about the implementation: The block chain recently passed 8GB, a sizable number considering it has to be downloaded over peer to peer communications. The size of bitcoin blocks – the storage unit for bitcoin transactions – depend on many factors, most notably the number of transactions included in it. All other things being equal, a transaction moving 1,000 bitcoins uses the same amount of space as a transaction moving 0.0001 bitcoins. The most significant difference however, is the security required…

The post Off-chain Bitcoin Micropayments Implemented in Bitcoinj appeared first on The Genesis Block.

The latest improvement to bitcoinj will enable users to make off-block chain micro transactions and has the potential to dramatically reduce the size of blocks going forward. There has been considerable concern about the minimum size of transactions that should be included in blocks. While many voice the opinion that no one should be allowed to police what transactions can be included, it is equally as clear that it is not reasonable for everyone in the world to host every bitcoin transaction on their hard drive. Gavin was particularly excited about the implementation: The block chain recently passed 8GB, a sizable number considering it has to be downloaded over peer to peer communications. The size of bitcoin blocks – the storage unit for bitcoin transactions – depend on many factors, most notably the number of transactions included in it. All other things being equal, a transaction moving 1,000 bitcoins uses the same amount of space as a transaction moving 0.0001 bitcoins. The most significant difference however, is the security required…

The post Off-chain Bitcoin Micropayments Implemented in Bitcoinj appeared first on The Genesis Block.

Tennessee Man Accused of Trying to Blackmail Mitt Romney . . . for Bitcoins – National Review Online (blog)


Politico

Tennessee Man Accused of Trying to Blackmail Mitt Romney . . . for Bitcoins
National Review Online (blog)
Brown revealed his claim in a letter sent to PwC and the local Democratic and Republican party offices in Franklin; the letter “demanded that $1 million worth of the digital currency Bitcoin be deposited to a specific Bitcoin account to prevent the
Indictment In Bitcoin Bidding Scheme For Mitt Romney’s Tax ReturnsForbes
Man charged after demanding bitcoin for Mitt Romney tax returnsCoinDesk
Man charged with Mitt Romney extortion attemptPolitico
legal Insurrection (blog) –Deseret News –NPR
all 54 news articles »

Politico

Tennessee Man Accused of Trying to Blackmail Mitt Romney . . . for Bitcoins
National Review Online (blog)
Brown revealed his claim in a letter sent to PwC and the local Democratic and Republican party offices in Franklin; the letter “demanded that $1 million worth of the digital currency Bitcoin be deposited to a specific Bitcoin account to prevent the ...
Indictment In Bitcoin Bidding Scheme For Mitt Romney's Tax ReturnsForbes
Man charged after demanding bitcoin for Mitt Romney tax returnsCoinDesk
Man charged with Mitt Romney extortion attemptPolitico
legal Insurrection (blog) -Deseret News -NPR
all 54 news articles »

Bitcoin Payments Could Quickly Become Competitive Wedge In Online Gaming – Forbes

Bitcoin Payments Could Quickly Become Competitive Wedge In Online GamingForbesLONDON, ENGLAND – JULY 13: Chips pile up next… Have you ever wondered why new technology tends to be exploited in the adult entertainment and online gambling industries fir…


Bitcoin Payments Could Quickly Become Competitive Wedge In Online Gaming
Forbes
LONDON, ENGLAND - JULY 13: Chips pile up next... Have you ever wondered why new technology tends to be exploited in the adult entertainment and online gambling industries first? An ultra-competitive market environment and a willingness to try ...

New EU Deal Puts Creditors And Depositors In Failing Banks At Risk

Finance ministers from the European Union reached an agreement early this morning regarding terms for failing banks in the euro region. The new rules are intended to shield taxpayers, who have extended approximately €1.6 trillion in support since the 2008 financial crisis, from saddling the cost of bank bailouts, shifting liability instead to creditors and depositors. Under the new rules, beginning in 2018, shareholders would assume losses before unsecured creditors and depositors, with exemptions for insured deposits less than €100,000, as well as select individuals and small companies. A Familiar Precedent When depositors in Cyprus faced levies up to 10% in late March as a prerequisite for Cypriot banks to receive capital injections from the ECB and IMF, savers in the island nation rushed to their banks, only to find a series of capital controls preventing them from transferring or withdrawing from their accounts. At the time, Mario Draghi, President of the European Central Bank, assured the world that “Cyprus is no template, Cyprus is no turning point in euro…

The post New EU Deal Puts Creditors And Depositors In Failing Banks At Risk appeared first on The Genesis Block.

Finance ministers from the European Union reached an agreement early this morning regarding terms for failing banks in the euro region. The new rules are intended to shield taxpayers, who have extended approximately €1.6 trillion in support since the 2008 financial crisis, from saddling the cost of bank bailouts, shifting liability instead to creditors and depositors. Under the new rules, beginning in 2018, shareholders would assume losses before unsecured creditors and depositors, with exemptions for insured deposits less than €100,000, as well as select individuals and small companies. A Familiar Precedent When depositors in Cyprus faced levies up to 10% in late March as a prerequisite for Cypriot banks to receive capital injections from the ECB and IMF, savers in the island nation rushed to their banks, only to find a series of capital controls preventing them from transferring or withdrawing from their accounts. At the time, Mario Draghi, President of the European Central Bank, assured the world that “Cyprus is no template, Cyprus is no turning point in euro…

The post New EU Deal Puts Creditors And Depositors In Failing Banks At Risk appeared first on The Genesis Block.

What to expect at Bitcoin London 2013 – CoinDesk


CoinDesk

What to expect at Bitcoin London 2013
CoinDesk
Digital currency enthusiasts will head to England’s capital next week for the inaugural Bitcoin London conference. Organised by st-ART, the one-day event will take place at Level 39, One Canada Square in Canary Wharf on Tuesday, July 2. Registration is 
Bitcoin-Aware Britons Trust Digital Currency as Much as Pound SterlingIBTimes.co.uk
Bitcoin Mania Moves OfflinePYMNTS.com
Bitcoin could be UK ‘currency of the future’, claims On Device surveyBobsguide (press release)
Poker News Report
all 5 news articles »

CoinDesk

What to expect at Bitcoin London 2013
CoinDesk
Digital currency enthusiasts will head to England's capital next week for the inaugural Bitcoin London conference. Organised by st-ART, the one-day event will take place at Level 39, One Canada Square in Canary Wharf on Tuesday, July 2. Registration is ...
Bitcoin-Aware Britons Trust Digital Currency as Much as Pound SterlingIBTimes.co.uk
Bitcoin Mania Moves OfflinePYMNTS.com
Bitcoin could be UK 'currency of the future', claims On Device surveyBobsguide (press release)
Poker News Report
all 5 news articles »

The DEA Seized Bitcoins In A Silk Road Drug Raid – TechCrunch

Reason (blog)The DEA Seized Bitcoins In A Silk Road Drug RaidTechCrunchIn the underground world of the deep web there are few places as nefarious as Silk Road. The site, hidden on the Tor network has long been one of the primary venues for buying and s…


Reason (blog)

The DEA Seized Bitcoins In A Silk Road Drug Raid
TechCrunch
In the underground world of the deep web there are few places as nefarious as Silk Road. The site, hidden on the Tor network has long been one of the primary venues for buying and selling contraband using Bitcoin. Now, it seems, the DEA has caught on.
Drug Enforcement Administration seizes 11 Bitcoins from alleged Silk Road dealerThe Verge
Bitcoin Reaches New Milestone: DEA Confiscates Some Using Asset ForfeitureReason (blog)
Drug Enforcement Agency Seizes First Bitcoins From Silk Road DealerGizmodo
Register -Charleston.thedigitel
all 6 news articles »

Review of Blockchain bitcoin wallet for Android – CoinDesk

Review of Blockchain bitcoin wallet for Android
CoinDesk
The Blockchain.info website can be used as a mobile wallet thanks to its Android app. Blockchain.info is best known as Bitcoin’s block chain explorer, but it also has a wallet feature where you can send and receive bitcoins. With the Android app, you


Review of Blockchain bitcoin wallet for Android
CoinDesk
The Blockchain.info website can be used as a mobile wallet thanks to its Android app. Blockchain.info is best known as Bitcoin's block chain explorer, but it also has a wallet feature where you can send and receive bitcoins. With the Android app, you ...

Drug Enforcement Agency Seizes First Bitcoins From Silk Road Dealer – Gizmodo

Drug Enforcement Agency Seizes First Bitcoins From Silk Road Dealer
Gizmodo
The Drug Enforcement Agency has seized 11.02 Bitcoins—about $800—from a drug dealer in South Carolina who had been using Silk Road. It’s the first (known) time the government has taken control of the virtual currency like it were property or real
Drug Enforcement Agency seizes 11 Bitcoins from alleged Silk Road dealerThe Verge

all 2 news articles »


Drug Enforcement Agency Seizes First Bitcoins From Silk Road Dealer
Gizmodo
The Drug Enforcement Agency has seized 11.02 Bitcoins—about $800—from a drug dealer in South Carolina who had been using Silk Road. It's the first (known) time the government has taken control of the virtual currency like it were property or real ...
Drug Enforcement Agency seizes 11 Bitcoins from alleged Silk Road dealerThe Verge

all 2 news articles »

Bitcoin-Aware Britons Trust Digital Currency as Much as Pound Sterling – IBTimes.co.uk


IBTimes.co.uk

Bitcoin-Aware Britons Trust Digital Currency as Much as Pound Sterling
IBTimes.co.uk
Of the 2,700 British people asked, 32% said they had heard of the decentralised currency, which is created by computers ‘mining’ or solving complex mathematical problems, and of these, 38% believe Bitcoin can be trusted as much as the national currency.

and more »


IBTimes.co.uk

Bitcoin-Aware Britons Trust Digital Currency as Much as Pound Sterling
IBTimes.co.uk
Of the 2,700 British people asked, 32% said they had heard of the decentralised currency, which is created by computers 'mining' or solving complex mathematical problems, and of these, 38% believe Bitcoin can be trusted as much as the national currency.

and more »

Indictment In Bitcoin Bidding Scheme For Mitt Romney’s Tax Returns – Forbes


Politico

Indictment In Bitcoin Bidding Scheme For Mitt Romney’s Tax Returns
Forbes
Brown is alleged to have sent a demand letter asking for $ 1 million worth of Bitcoin or the returns would go public. But here’s where the alleged scheme gets even better. The letter is alleged to have also invited interested parties wanting the Romney
Tennessee Man Accused of Trying to Blackmail Mitt Romney . . . for BitcoinsNational Review Online (blog)
Man charged with Mitt Romney extortion attemptPolitico
Man Indicted on Extorion and Wire Fraud in 2012 Romney Tax Return Schemelegal Insurrection (blog)
NPR –Deseret News –CNN International
all 54 news articles »

Politico

Indictment In Bitcoin Bidding Scheme For Mitt Romney's Tax Returns
Forbes
Brown is alleged to have sent a demand letter asking for $ 1 million worth of Bitcoin or the returns would go public. But here's where the alleged scheme gets even better. The letter is alleged to have also invited interested parties wanting the Romney ...
Tennessee Man Accused of Trying to Blackmail Mitt Romney . . . for BitcoinsNational Review Online (blog)
Man charged with Mitt Romney extortion attemptPolitico
Man Indicted on Extorion and Wire Fraud in 2012 Romney Tax Return Schemelegal Insurrection (blog)
NPR -Deseret News -CNN International
all 54 news articles »

World’s largest Bitcoin exchange suspends US withdrawals – WND.com

World’s largest Bitcoin exchange suspends US withdrawals
WND.com
(RT) For the next two weeks Bitcoin users in the US will be unable to withdraw the virtual currency in dollars. Major exchange Mt. Gox cited an unusually high demand as the reason for the suspension, while customers worried the company has run out of cash.


World's largest Bitcoin exchange suspends US withdrawals
WND.com
(RT) For the next two weeks Bitcoin users in the US will be unable to withdraw the virtual currency in dollars. Major exchange Mt. Gox cited an unusually high demand as the reason for the suspension, while customers worried the company has run out of cash.

The Taxman Wants Your Bitcoins – Lifehacker Australia

The Taxman Wants Your Bitcoins
Lifehacker Australia
If you’re the proud owner of a sizeable bitcoin collection, we have some bad news for you: the Australian Taxation Office has announced it will be taxing bitcoin transactions this year. What’s more, the online currency has been taxable since inception

and more »


The Taxman Wants Your Bitcoins
Lifehacker Australia
If you're the proud owner of a sizeable bitcoin collection, we have some bad news for you: the Australian Taxation Office has announced it will be taxing bitcoin transactions this year. What's more, the online currency has been taxable since inception ...

and more »