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Bitcoin Politics

Australian Government: Welfare Applicants Must Declare Bitcoin Assets

Australia Parliament Building Canberra A small addition to a pension application form provoked interest in Australia yesterday, with its request that applicants declare their "cyber currency" assets such as bitcoin.A printed reference to bitcoin value in a government-issed document such as this, according to a…

cineramaNovember 15, 2014

Bitcoin Politics

Reddit’s new CEO may not be ‘interim’ for long

Asking anything of new Reddit CEO Ellen Pao and company co-founder Alexis Ohanian. Reddit, the online comment and aggregation site that boasts 175 million users, today announced that CEO Yishan Wong resigned last week due to a disagreement over new office space. He will be…

cineramaNovember 13, 2014

Bitcoin Politics

Here’s How a Dark Market Bot Sent Ecstasy to an Art Gallery

Yellow Twitter pills delivered to the Random Darknet Shopper installation. Source: !Mediagruppe Bitnik Last week, a padded envelope was delivered to the Kunst Halle St Gallen, a sophisticated contemporary art gallery in the city known as the gateway to the Swiss Alps.The envelope contained a DVD case,…

cineramaNovember 13, 2014

Bitcoin Politics

“Regulations Will Be Used to Prevent Mainstream Adoption” – Stefan Molyneux

Facebook5Twitter41G+2Pinterest reddit Upvote Downvote 1 point inShare 2Love him or hate him (I frequently do both), philosopher Stefan Molyneux makes an interesting point when he says that while many stand to see incredible lifestyle gains from Bitcoin, others stand to lose. And it’s those who…

cineramaNovember 13, 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

6 Top Responses from Bitcoin Foundation Head Patrick Murck’s Reddit AMA

Patrick Murck Newly elected executive director of the Bitcoin Foundation Patrick Murck participated in an ask-me-anything (AMA) session on Reddit today, engaging the bitcoin community in a wide-ranging discussion to mark his new appointment.Murck assumed his new position last week following the resignation of Jon…

cineramaNovember 6, 2014

Bitcoin Politics

Bitcoin Analysis: Week of Nov 2 (Intro to Stochastics)

Bitcoin Analysis: Week of Nov 2 (Intro to Stochastics) Note From the Author: Please follow me on Twitter ( @Tone_LLT ) for additional updates to the state of Bitcoin’s price volatility Last Week’s Review In last week’s post we concluded with the following statement: We…

cineramaNovember 3, 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

What New FinCEN Guidance Means for US Bitcoin Companies

Faisal Khan is a payments consultant and digital money evangelist. He is the co-host of Around the Coin , a weekly podcast on banking, money and payments, and is also the resident payments expert on Quora. This article, which originally appeared on Faisalkhan.com , has been republished here…

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

Bitcoin Politics

Crypto 2.0 Industry Dismisses SEC Crackdown Rumors

Following rumors that prominent members of the sector have been receiving requests for information from the US Securities and Exchange Commission (SEC), members of the crypto 2.0 segment of the bitcoin community are now stepping forward to deny these claims.The reports first surfaced on 27th…

cineramaOctober 30, 2014

Bitcoin Politics

Taking Bitcoin Beyond the Banked

Bitcoin's Potential for the Unbanked Seven months ago, the Bitcoin Foundation formed the Committee for Financial Inclusion. Andreas Antonopoulos was to head it, and things looked promising for a while.Since then, however, Antonopoulos has stepped down, following concerns about the foundation's management . "No one stepped up…

cineramaOctober 28, 2014

Bitcoin Politics

FinCen Clarifies — Bitcoin Futures Grow — MadBitcoins Major Announcement!

Donate: https://blockchain.info/address/1LAYu... Subscribe: http://patreon.com/madbitcoins Sponsor: http://MadBitcoins.com October 28th, 2014 -- MadBitcoins, the Grain Highest in ProteinHere are Today’s MadBits:MadBitcoins reaches 500K Views http://www.youtube.com/user/madbitcoi... Fincen Clarifies That Virtual Currency Payment Systems And Trading Platforms Are Money Transmitters https://www.cryptocoinsnews.com/fince... As Bitcoin Lawyer Marco Santori said on Twitter…

cineramaOctober 28, 2014

Bitcoin Politics

Blockstream SEC Filing Reveals $15 Million Raised in Funding Round

Blockstream has raised at least $15.18m toward a major funding round expected to close in the coming weeks, according to a recent Securities and Exchange Commission (SEC) filing.The filing also shows that Reid Hoffman, a partner at venture firm Greylock Partners and co-founder of LinkedIn, will take a…

cineramaOctober 23, 2014

Bitcoin Politics

NY Law Panel: Bitcoin Won’t Get Banking Without Compliance

On Tuesday morning, the New York Law School hosted the Bitcoin Law conference, drawing entrepreneurs and enthusiasts from the New York City bitcoin community, as well as many of its own aspiring lawyers.The event was moderated and largely organized by Houman Shadab, a law professor…

cineramaOctober 22, 2014

Bitcoin Politics

California Attorney Investigating Potential Class-Action Suit Against KnCMiner

Lawyers talking A potential class-action suit against bitcoin mining firm KnCMiner is beginning to take shape.California-based attorney Charlotte C Lin has announced that her firm is investigating unlawful activities related to the sale and distribution of KnCMiner’s Titan and Neptune mining products. These include breach of contract, false…

cineramaOctober 16, 2014

Bitcoin Politics

Dorian Nakamoto Launches Legal Fund to Refute Newsweek Claims

A campaign has been launched to fund legal action against Newsweek on behalf of Dorian Nakamoto, the California man the magazine claimed was the inventor of bitcoin back in March.The campaign has set up a website called newsweeklied.com , a twitter account and a bitcoin address for…

cineramaOctober 15, 2014

Bitcoin Politics

Inside Bitcoins Heads to Israel in Less Than 1 Week – Get 10% OFF

Inside Bitcoins Conference & Expo , the leading trade show for the fast-growing bitcoin and related cryptocurrency, will be launching in Israel later this month after successful events earlier this year in Berlin, New York, Hong Kong, Melbourne, London, and Las Vegas. From October 19-20,…

cineramaOctober 15, 2014

Bitcoin Politics

Russia’s Startups Seek Refuge Abroad in Face of Bitcoin Ban

Due to Russia’s status as the ninth-largest economy in the world, its rising interest in non-cash transactions and its evolving payments ecosystem, the country has unsurprisingly been a market of interest for the bitcoin community, both domestically and internationally.However ripe for disruption the Russian market…

cineramaOctober 11, 2014

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