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Bitcoin Politics

Bitcoin Trade 206

In this episode I introduce Bitcoin, digital crypto currency independent form Government and State backing and control, a new technology that allows easy flow of funds, trade, exchange, and investment. Click here to view full article

cineramaJanuary 13, 2015

Bitcoin Politics

Silk Road Reloaded Ditches Tor and Accepts Multiple Cryptocurrencies

Silk Road The Silk Road saga lives on, and this time, the code has been forked.The newest Silk Road player, called Silk Road Reloaded (SRR), is distinctly different in at least two ways from previous Silk Road iterations.First, the SRR is not run on the…

cineramaJanuary 13, 2015

Bitcoin Politics

Russia Blocks More Bitcoin Sites

Russia is apparently having a hard time making up its mind about bitcoin. One minute it’s completely against it . Then, the very law laying out the disapproval is criticized and rejected . Now, citing a court order from September 2014, the country has blacklisted…

cineramaJanuary 13, 2015

Bitcoin Politics

UK May Attempt to End Anonymity in Bitcoin Transactions, May Cause a Rise in the Use of DarkWallet

A proposed UK bill could end anonymity in Bitcoin transactions by logging of all content accessed via UK ISPs. This will leave only services such as DarkWallet as truly anonymous options, placing them firmly in the sights of UK lawmakers seeking “the legal power to…

cineramaJanuary 13, 2015

Bitcoin Politics

Russian Authorities Blacklist 5 Bitcoin-Related Websites

The Federal Supervision Agency for Information Technologies and Communications (Roskomnadzor in Russian) has blacklisted five Bitcoin-related websites. Roskomnadzor has effectively blocked access to Bitcoin.org – an online community of cryptocurrency users and specialists supported by the Bitcoin Foundation - entering it into a registry of…

cineramaJanuary 13, 2015

Bitcoin Politics

Russia’s Media Watchdog Blocks Bitcoin Websites

Russia’s media watchdog has blocked access to a number of bitcoin-related sites, citing a court order from 30th September.The Federal Service for Supervision of Communications, Information Technology and Mass Media (Roskomnadzor) allows visitors to check whether or not a site is blacklisted . At press time, …

cineramaJanuary 13, 2015

Bitcoin Politics

New BTMs in Australia, Switzerland and the United States

After a week’s break to start the new year, CoinTelegraph and content partner Coin ATM Radar are tracking some new BTMs that have been installed since New Year’s Eve in Australia, Switzerland and North America.You can find the machines’ exact locations with Coin ATM Radar’s…

cineramaJanuary 13, 2015

Bitcoin Politics

BitHalo Brings New Trading Feature to the Mix

Coin trading platform BitHalo has released a new feature called the “Advanced Payment,” which allows consumers to perform peer-to-peer trading via email with bitcoin and blackcoin.BitHalo founder and lead developer David Zimberk says:“I see great potential to expand on some of the tipping movement that’s…

cineramaJanuary 12, 2015

Bitcoin Politics

Weak Bitcoin Values Force CEX.IO to Suspend Cloud Mining Services

CEX.IO, one of the leading bitcoin exchanges and cloud mining service providers, has announced the temporary suspension of its cloud mining services . They can attribute this policy change to the sudden and drastic drop in bitcoin value in the past weeks . The suspension…

cineramaJanuary 12, 2015

Bitcoin Politics

Cash Buys Charlie Hebdo Massacre, Bitcoin says Adieu aux Armes (Op-Ed)

Cash Buys Charlie Hebdo Massacre, Bitcoin says Adieu aux Armes (Op-Ed) The Charlie Hebdo terror and other Paris attacks renew concerns about the ease with which terrorist cells in Europe can get illegal arms. Media outlets have even started to speculate that some of the…

cineramaJanuary 12, 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

CEX.io Halts Cloud Mining Service Due to Low Bitcoin Price

Bitcoin mining service CEX.io has announced it will suspend its cloud mining activities.The company stated in a 12th January blog post that it is no longer profitable, blaming declining revenues amid a dropping bitcoin price. CEX chief information officer Jeffrey Smith told CoinDesk that operations would resume if the price…

cineramaJanuary 12, 2015

Bitcoin Politics

BitHalo Releases Decentralized Escrow Client v2.1 to Rival PayPal, Western Union

FlikeTweetG+2PinBitHalo announces the release of version 2.1 of its decentralized escrow client, adding a new feature that aims to compete directly with companies such as Paypal and Western Union, said the organization in an announcement.Entitled the "Advanced Payment," the new feature allows simple and secure…

cineramaJanuary 12, 2015

Bitcoin Politics

Ross Ulbricht Trial Set to Begin

Alleged drug kingpin Ross Ulbricht , who is currently facing charges of running a criminal enterprise, money laundering and drug trafficking, is set to begin his trial in Manhattan tomorrow on January 13th.Ulbricht was arrested in the San Francisco Public Library over a year ago…

cineramaJanuary 12, 2015

Bitcoin Politics

Paybase Announces $20 Buy Back Scheme for Paycoin

Embattled cryptocurrency platform Paybase is launching a buy-back scheme to match the US$20 floor that their Paycoin currency was expected to hold. Announcing a system based upon “monthly disbursements” of Bitcoin to pay for any XPY re-purchased by Paybase in the scheme, the company stated…

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

Cryptocurrency round-up: Bitstamp bitcoin exchange back online and darkcoin award

The price of bitcoin (IBTimes UK) The price of bitcoin has continued to slide over the weekend, falling to as low as $265 on Sunday where it continues to hover.Most other major cryptocurrencies have followed in bitcoin's lead, with litecoin, dogecoin, peercoin and namecoin all…

cineramaJanuary 12, 2015

Bitcoin Politics

The Strangest Altcoins of 2014

The past 12 months have seen a veritable explosion in the number of alternative digital currencies, otherwise known as altcoins.The numbers for exactly how many altcoins are in existence vary depending on the measure. CoinMarketCap.com lists 554 cryptocurrencies at the time of writing – up from around…

cineramaJanuary 11, 2015

Bitcoin Politics

BitStamp Resumes Operations

BitStamp, one of the largest Bitcoin exchanges out there in the Bitcoin ecosystem that had suspended its service after the breach resulted in the loss of around 19,000 Bitcoin with a value of some $5 million, has informed the customers that it has resumed the…

cineramaJanuary 11, 2015

Bitcoin Politics

The Next Big Thing in Bitcoin: Mainstream Adoption By the Back Door

Two interesting projects have emerged recently, which could lead to the mainstream adoption of Bitcoin by the masses of regular consumers who have thus far remained ambivalent towards the digital currency – and all without them even knowing that they are using Bitcoin.Each of these…

cineramaJanuary 11, 2015

Bitcoin Politics

‘Bitcoin can save those without citizenship’ stateless ex-American

Source: December 12, 2014 - Cross-border transactions are difficult for people without a national identity, and that...Cross-border transactions are difficult for people without a national identity, and that's where bitcoin can save the day, says Glenn Roberts who is stateles...Thank you for watching and if…

cineramaJanuary 10, 2015

Bitcoin Politics

Leading German Bank Sparkasse is Blocking Cryptocurrency Orders

Since a few days ago, German bank Sparkasse, has been blocking cryptocurrency orders, returning money to customers, said Dutch cryptocurrency exchange Anycoin Direct.Several users banking at German bank Sparkasse , reported to Anycoin Direct that they were contacted by their banks with the message that…

cineramaJanuary 10, 2015

Bitcoin Politics

Overstock.com installs bitcoin ATM at headquarters as Patrick Byrne prepares to pay employees in cryptocurrency

Overstock.com installs Bitcoin ATM at headquarters. (Reuters) Bitcoin-friendly US retail giant Overstock.com has installed an ATM to promote the digital currency at its corporate headquarters in Salt Lake City, Utah.The ATM is accessible 24 hours a day and allows the public to convert US dollars…

cineramaJanuary 10, 2015

Bitcoin Politics

Sparkasse Makes “Sparks” Fly Through its Denial of Bitcoin Transactions

In the long-running tradition of banking institutions despising bitcoin and digital currency, German bank Sparkasse has made the decision to block all bitcoin-related transfers.Bram Ceelen, who works with the Anycoin Direct coin exchange in the Netherlands, has commented that the company is now unable to…

cineramaJanuary 9, 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

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