More of the Silk Road scandal has been revealed following the release of a criminal complaint on Monday in federal court. The complaint filed on March 25, 2015 charges two former US federal agents who investigated Silk Road with stealing bitcoin, extorting money from the defendant, and a string of other criminal charges. Also Read: Ross Ulbricht Found Guilty Of Running Silk Road Former Secret Service agent Shaun Bridges of Baltimore, Maryland, and former D.E.A. agent Carl Force
BitFury’s work in both Bitcoin transaction processing (mining) and growing venture capital funding has also come with the growth of the company’s leadership team. Their latest addition is Jason Weinstein Former US Deputy Asst Attorney General. BitFury recently hired Young Sohn, Samsung Electronics, president and chief strategy officer; he also took a position on their strategic advisory board. Also Read: Bitcoin Mining vs. Gold Mining: a Comparison Jason Weinstein has an interesting background with experience
In part one of our series on the blockchain, I explained the importance of the blockchain and explained its basic mechanics. In this article, I will cover the future of the blockchain and the untapped potential that it has. 2015 is most likely the year of expanded blockchain capabilities. The blockchain has far more uses than just recording transactions, which I will cover the second half of this article. Before talking about the future of the blockchain, it is important to address
The Loudermilk Conference Center in Atlanta, Georgia is slated to host the 2015 Bitcoin Consumer Fair on the April 18. The event is geared towards consumers and merchants who are interested in expanding the use of bitcoin in the Atlanta area, as well as those interested in working on the business and technology side of Bitcoin. Also read: Bitcoin and The World Money Fair in Berlin The purpose of the fair is to bring together consumers, merchants and
Chainspotting.co is a new web app that focuses on real-time blockchain data. The site features a number of modules that allow non-programmers to have access to in-depth information regarding their portfolios (collections of addresses). Chainspotting allows users to track the balances of their addresses, track unconfirmed transactions, and run queries on a specific set of addresses, all in real time. The power of this tool comes with the versatility of the software. Before Chainspotting, anyone looking for in-depth
Third Key Solutions, a new company that offers consulting and cryptographic key management solutions for companies using digital currencies, has just launched. The Third Key Solutions team consists of CEO Pamela Morgan, CTO Andreas M. Antonopoulos, and Adviser Richard Kagan. Third Key Solutions seeks to establish customized solutions for companies dealing with Cryptocurrency and to develop best practices for safely and securely managing and storing funds. Multisignature wallets aren’t enough, companies need to establish operational
The Bitcoin Investment Fund (GBTC) trading is now live. This means that bitcoin finally made it to the international traditional markets. From the slums of the internet cypher community and the uncertainties of volatility to the benches of international financial markets, Bitcoin has come a long and hard way, and finally we can say that is now being recognized as a trusted investment fund.
Bitcoin adoption has been making a lot of headway in the remittance markets, as well as the unbanked and third world markets. Zebpay thrives in these markets. Starting as a bitcoin exchange known as buysellbitco.in, Zebpay quickly became a bitcoin-based mobile wallet provider in September of 2014. Zebpay is India’s first bitcoin app, allowing people to buy, sell, or transaction bitcoin. Besides exchanging from fiat to BTC, Zebpay has also transacted Flipkart and Amazon vouchers among others,
Bitcoin was still suffering a decline from the week before due to a disappearance in Evolution, one of the bigger dark web marketplaces available. Bitcoin started the week around $270, and ended at $241, making for an approximate decline of 10%. Also Read: Last Weeks Market Wrap Up Agora, one of the Evolution’s biggest competitors to replace Silk Road and Silk Road 2, is currently being monitored for a wallet with almost 24,000 BTC in it. While
Bitcoinist Brings you an article from guest writer Bethany Taylor. People trading bitcoin may have struggled due to the currency’s falling price. But when it comes to mainstream acceptance of Bitcoin, 2014 was a great year. So where should you be headed to spend your bitcoin in 2015? Overstock In January of 2014, Overstock became the first main retailer to accept bitcoin payments. Initially, this option was open to US buyers only. In September, the option
Whenever a new Bitcoin service comes along, it goes hand in hand with excitement and curiosity. As we have come to learn over the past few years, you should be careful about getting your hopes up for something that sounds too good to be true on paper. My Wallet Ltd. is one of those services you shouldn’t trust so easily with your Bitcoins. Editor’s Note: Bitcoinist.net does not endorse My Wallet Ltd. nor do we
While many people understand the basics of Bitcoin’s blockchain, it is important to understand it completely. Many people argue that the blockchain, Bitcoin’s underlying mechanic, has more value than the currency itself. Several different financial institutions have conducted research on digital currencies and have all found that Bitcoin has the chance to turn the global financial industry upside down, all because of the blockchain. The blockchain’s potential is huge, and I will be discussing the
When looking to play online bitcoin poker, choosing a site requires a substantial amount of information. The site needs to be reliable, safe, fair, and have a good playing experience. There are many online poker websites that allow bitcoin and other cryptocurrencies payment processing, but not all of them are trustworthy. Fortunately for players, there is a website that offers tons of bitcoin poker specific information and news for free. Bitcoinpokersites.net has been around since
“ARE YOU A BLOCKCHAIN ENTHUSIAST, A HARD-CORE CODER, A DESIGNER OR JUST A HACKATHON OBSESSOR? IF SO, JOIN THE DBS BLOCKCHAIN HACK FOR AN INNOVATIVE TWO DAYS OF EXCLUSIVE BLOCKCHAIN CHALLENGES AND API ACCESS FROM TOP FINANCIAL INSTITUTES – AND SOME SERIOUS HACKING.” Also Read: Colored Coins, What They Are and How They Work On The Bitcoin Blockchain If you visit the DBS Blockchain Hackathon web page, this is exactly what you are greeted with. The hackathon will have a meeting on
Digital currency companies Bitrefill and Celery have partnered to provide the cheapest mobile airtime remittance service from the US. Users can send instant mobile airtime remittances to over 100 countries. Bitrefill has also announced their free airtime remittance service to India. Sergej Kotliar, Bitrefill founder and CEO, shared the news publicly on March 23, 2015 at the annual International Money Transfer Conference in Las Vegas, NV. Also Read: Abra: A New Kind Of Bitcoin Remittance Service Bitrefill
There is currently a special bitcoin project being conducted in Denmark. Coinify is teaming up with Danish journalist Elías Christian Lundström for their experiment; can someone live for a month only using Bitcoin? “Coinify is working toward mainstreaming Bitcoin. We believe in Bitcoin as a real, everyday currency that can be used by the general public. This meant that we had to create an audacious experiment to show the general public that using Bitcoin for
On Wednesday, March 25 the Securities and Exchange Commission (SEC) adopted new rules to facilitate smaller companies’ access to capital. The new rules presented by the SEC will provide a greater level of confidence from investors and there will be an increased amount of choices. Also Read: Bitcoinist Assistant Editor’s Formal BitLicense Comment These new rules are said to be updated and expanded from Regulation A, an existing exemption from registration for smaller issuers of securities. The
Neteller has been making waves lately by starting to integrate Bitcoin and starting to be available in the US in states Nevada and New Jersy. They recently announced that they would be buying Skrill Group (Sentinel Topco Ltd) for roughly 1.1 billion euros in order to expand its online services. Also Read: Neteller now Accepts Bitcoin Deposits From the press release at Forexmagnates: Optimal Payments Plc (LSE: OPAY), the group behind the popular NETELLER payment
Factom is a data layer for the blockchain that allows users to permanently secure documents and even whole business processes. The Factom technology is especially compelling for those who want to build trust with users by providing complete transparency and real-time auditability of their systems, while at the same time maintaining user privacy.
Coinprism, in a recent blog post, has announced the support of cold storage for TREZOR on its platform. Coinprism is the first Bitcoin 2.0 platform to integrate cold storage. This launch brings new things to both Bitcoin 2.0 applications as well as the Coinprism wallet itself. First, users will now be able to store colored assets in cold storage. Second, users will be able to link their spending to their TREZOR devices. Users of Coinprism and
Neteller has just enabled Bitcoin deposits. Neteller is an e-money service owned and operated by the British global payments company – Optimal Payments PLC. NETELLER services allow customers from over 200 countries to transfer money to and from merchants, such as forex trading firms, social networks, or online gambling firms.
Bitwage is announcing that it will be partnering with Xapo, a bitcoin debit card provider, to release the Bitwage International Debit card. This international payroll debit card service is the first of its kind. Also Read: Xapo Announces Free Multi-Signature Deep Cold Storage; Five Private Keys Generated Offline and Scattered Across the World This debit card will allow employees and contractors using Bitwage’s bitcoin payroll service to withdraw United States Dollars, Euros, and British