judge

Bitcoin Politics

DHS Agent Believed Mark Karpeles to Be Head of Silk Road

Silk Road The number two spot for the most hated man in Bitcoin has changed a lot. Currently, it might just be Josh Garza as many PayCoin investors are not happy with the results of that investment. For a while it was Butterfly Labs CEO…

cineramaJanuary 16, 2015

Bitcoin Politics

Jury selection starts in New York trial of alleged Silk Road creator

NEW YORK (Reuters) - Jury selection began on Tuesday in the trial of the suspected operator of Silk Road, an online black market bazaar where users could anonymously by drugs and other illicit goods using bitcoin.The trial in Manhattan federal court of Ross Ulbricht, 30,…

cineramaJanuary 13, 2015

Bitcoin Politics

Accused Silk Road creator goes to trial amid U.S. scrutiny of bitcoin

NEW YORK (Reuters) - A U.S. crackdown on use of the digital currency bitcoin for drug trafficking and other crimes is headed for its highest-profile test yet, as a trial begins for the alleged creator of an online marketplace catering to vice.Jury selection is scheduled…

cineramaJanuary 12, 2015

Bitcoin Politics

‘Don’t Complain…You Didn’t Bother to Speak Up’: Ross Ulbricht Trial Begins

Ross Ulbricht FlikeTweetG+2PinSome are labeling it the trial for Internet freedom, others - freedom to retain some privacy - but it will center around one man. The alleged operator of Silk Road known by his pseudonym Dread Pirate Roberts (DPR) was identified by Law Enforcement…

cineramaJanuary 12, 2015

Bitcoin Politics

Dutch Scrypt Mining Company Declared Bankrupt

Mining ASIC Technologies Mining ASICs Technologies (MAT) was declared bankrupt by a Maastricht, Netherlands, judge on 30th December, one week after company CEO Marc Coumans filed for bankruptcy.CoinDesk confirmed MAT's filing with Mr CFMP Spreksel, the curator in charge of overseeing the management and liquidation of…

cineramaJanuary 9, 2015

Bitcoin Politics

CDC to Discuss Banking Service Issues with US Treasury

ForexMinute.com – In response to US Treasury Department’s invitation for a roundtable discussion on Financial Access for Money Services Businesses (MSB) next week, the Chamber of Digital Commerce recently formed Financial Access Task Force – a team that will highlight the banking accessibility issues faced…

cineramaJanuary 7, 2015

Bitcoin Politics

Crypto 2.0 in 2015: Turning Bitcoin Theory Into Big Business

Chip, computer 2014 may be remembered as the year the bitcoin protocol became unrealistically lauded as a magic cure-all to problems plaguing everything from cancer research to copyright law.What may have been lost in this stream of sometimes sensational headlines is that, while bitcoin’s distributed…

cineramaJanuary 3, 2015

Bitcoin Politics

Now Bitcoin Volatility Index from BitMEX for Traders/Investors

BitMEX says that it is going to bring in its own take on the VIX, a popular index measuring market volatility, on the 5th of January. Thus, Bitcoin derivatives exchange BitMEX is willing to move ahead and help traders and investors have some understanding about…

cineramaJanuary 1, 2015

Bitcoin Politics

Bitcoin Review 2014 Part I: Price and Commerical Activity

Bitcoin Review 2014 Part I: Price and Commerical Activity CoinTelegraph has put together a research report on Bitcoin’s journey through 2014. This year has seen many unprecedented events in cryptocurrency, and we’d like to highlight the main ones for readers.The report contains infographics, summary text…

cineramaDecember 27, 2014

Bitcoin Politics

Epicenter Bitcoin Ep. 58: Vitalik Buterin on Proof-of-Stake and the Future of Crypto-Economics

Epicenter Bitcoin "With Bitcoin, we're paying $600 million a year on a 5-of-10 multisig." In the latest episode of Epicenter Bitcoin , our guest was a man who needs little introduction in this community, Vitalik Buterin. We were very excited to finally have him on…

cineramaDecember 27, 2014

Bitcoin Politics

Weekend Roundup: Black Friday, eBay Interested in Bitcoin, and Library Accepts BTC Amid Riots

Carlo Caraluzzo has been all over Bitcoin Black Friday, having previewed it on Tuesday and reviewed it over the weekend. “Bitcoin Black Friday has been growing more popular each year, and it promises to double its popularity this hear. Last year, the number of participating…

cineramaDecember 1, 2014

Bitcoin Politics

HSBC & Goldman Sachs Under Fire Again

A new attack on the predations of the financial industry was announced by Bloomberg on Wednesday morning with the revelation of a lawsuit alleging that both HSBC Holdings Plc (HSBA) and Goldman Sachs Group Inc. (GS) had jointly engaged in price manipulation of the precious…

cineramaNovember 29, 2014

Bitcoin Politics

4 New Bitcoin Startups Showcase at DEMO Fall 2014

Day three of the DEMO Fall 2014 conference in California featured a bitcoin and FinTech track that saw four new bitcoin startups debut their products.Now in its 24th year, DEMO stages conferences in the United States, China, Brazil, Russia and Vietnam that focus on emerging technologies and new…

cineramaNovember 21, 2014

Bitcoin Politics

Finland Classifies Bitcoin as VAT-Exempt Financial Service

Finland flag shutterstock Finnish regulators have classified bitcoin as a financial service, thus granting it VAT-exempt status.The Finnish Central Board of Taxes (CBT) judged bitcoin to be a financial service in ruling 034/2014, which states that bitcoin purchases qualify as “banking services” under the EU Value Added…

cineramaNovember 21, 2014

Bitcoin Politics

Mining Roundup: Bitmain’s Mining Pool Push and a HashFast Auction

What’s happening in the world of cryptocurrency mining?Recent reports indicate that despite the shift among some to the cloud, hardware development remains a priority among the major players in the space.At the other end of the spectrum, the industry continues to face headwinds on the…

cineramaNovember 21, 2014

Bitcoin Politics

Bitcoin Ponzi Schemer Charged With Criminal Securities Fraud

Trendon Shavers, a Texas man who ran a scam investment scheme called Bitcoin Savings and Trust, has been arrested in his home state.The charges filed against Shavers today are one count of securities fraud and one of wire fraud.Each charge has a maximum penalty of 20…

cineramaNovember 7, 2014

Bitcoin Politics

Texan charged in first bitcoin securities fraud Ponzi case

NEW YORK (Reuters) - A Texas man who operated Bitcoin Savings and Trust was charged on Thursday with bilking his investors, in what prosecutors called the first federal criminal securities fraud case arising from a bitcoin-related Ponzi scheme.Trendon Shavers, 32, of McKinney, Texas, was charged…

cineramaNovember 6, 2014

Bitcoin Politics

Canadian Bitcoin Company Faces Increased Allegations from FCAA

SHA256 ALGORITHM HASHRATE: 308 Ph/s Another Bitcoin mining company, this time in Canada, is facing fines from government regulators.The Dominion Bitcoin Mining Company of Saskatchewan has been under a cease-trade order since May of 2014. The order, issued by the Financial and Consumer Affairs Authority…

cineramaNovember 6, 2014

Bitcoin Politics

Bitcoin Worth $9.6 million Seized from Drug Dealer to Be Auctioned by Australia Authorities

Bitcoin Worth $9.6 million Seized from Drug Dealer to Be Auctioned by Australia Authorities Bitcoin worth $9.6 million will soon be available for buyers as Authorities in Australia are expected to auction them. The sources say more than 24,500 Bitcoin were confiscated from a Melbourne…

cineramaNovember 2, 2014

Bitcoin Politics

Australian Authorities About to Sell at Auction 24,500 BTC Confiscated From Silk Road Drug Dealer

SHA256 ALGORITHM HASHRATE: 345.6 Ph/s An Australian Silk Road drug dealer was sentenced today to 11 years of prison for commercial trafficking. Local authorities are about to sell at auction nearly 25,000 BTC seized in 2013.Warrandyte-based 32-year-old Richard Pollard was sentenced today to 11 years…

cineramaNovember 1, 2014

Bitcoin Politics

CoinAgenda’s Best Startup Winners: 3 Companies to Keep an Eye On

CoinAgenda’s Best Startup Winners: 3 Companies to Keep an Eye On Facebook18Twitter13G+2Pinterest reddit Upvote Downvote submit inShare 4 BitAngels has named the winners of its startup competition, which was held earlier this month at the CoinAgenda conference in Las Vegas: Zebpay took home first prize…

cineramaNovember 1, 2014

Bitcoin Politics

Butterfly Labs vs. Robogate: A Revealing Case Study in Justice

SHA256 ALGORITHM HASHRATE: 338.7 Ph/s Facebook1Twitter20G+2Pinterest reddit Upvote Downvote 1 point inShare 1As happens in all brand-spanking-new industries, the first actors who come to market aren’t vetted yet. The vast majority of merchants in the cryptocurrency space don’t have lengthy records of successful service—in fact,…

cineramaNovember 1, 2014

Bitcoin Politics

BitAngels Names Three Global Startups to Showcase at Money 20/20

BitAngels has announced three winners of its global startup competition, the top two of which are set to showcase at the forthcoming Money 20/20 conference in an event called CoinDebut.India-based pre-launch mobile bitcoin wallet ZebPay received first place and best presentation; Austin, TX-based Factom , a…

cineramaNovember 1, 2014

Bitcoin Politics

Australian Government May Soon Auction $9 Million in Silk Road Bitcoins

The bitcoin community could soon see another high-profile auction of bitcoins confiscated from users of the now-defunct online black market Silk Road.Australian law enforcement officials are now in possession of 24,500 bitcoins ( worth $9.4m at press time ) following the conviction of their original…

cineramaNovember 1, 2014

Bitcoin Politics

Bitcoin’s AML/CTF Regulatory Creep Means Time for Specific Industry Regulation

Peter Oakes is a business strategist and non-executive director with particular interest in FinTech and digital currencies. He advises bitcoin firms and financial institutions. He was the first Director of Enforcement and Anti-Money Laundering at the newly formed Central Bank of Ireland, and he previously…

cineramaNovember 1, 2014

Disclaimer