Mt Gox’s Mark Karpeles Was Behind Silk Road, Says DHS

During his trial in New York on Tuesday, Ross William Ulbricht admitted to founding and operating the illegal Silk Road drug marketplace. However, he claimed that he was not guilty of the charges filed against him and that he was framed […]

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Bitstamp Offers No-Fee Trading After $5 Million Theft

Bitcoin exchange Bitstamp has resumed service after being shut down to investigate a theft. It announced that it would not charge any fees on trades that take place prior to January 18th. On January 4th, a number of the exchange’s […]

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Bitcoin Starts the Year With a Crash, and People are Talking

Bitcoin has begun 2015 with a crash, dropping around 12% in just a few days [chart here]. This drop has people talking, possibly one of the most talked about opinions is that of Tim Draper, known to be bullish towards […]

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The Bitcoin Bowl’s Popular Success

Since 2008, the St. Petersburg Bowl has taken place yearly. In 2008 the sponsor was MagicJack. More recently, BitPay sponsored the event. BitPay proccess over a million dollars in transactions a day, and provides payment processing services for more than […]

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Falling prices might actually be good for Bitcoin

The hype generated by insanely high prices does increase media attention and as a result increases the number of people buying Bitcoin. These buyers, however, rarely have more than a speculative and short sighted fascination. The second prices start to […]

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California leads the way on Bitcoin acceptance.

Short of accepting Bitcoin as legal tender, Californian Governor Jerry Brown passed bill AB129 which legalizes digital currencies and alternative currencies for transactions within the state. The previous prohibition on alternative currencies was primarily targeted  towards fraudulent or competitive national […]

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Edward Snowden is Turning to Bitcoin

By now most people have heard of whistleblower Edward Snowden and his story. Snowden had leaked millions of documents containing classified material to multiple media sources. These documents were most famous for the evidence showing the United States government spying on […]

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Why I Now See Bitcoin’s Potential

When I first heard about Bitcoin I thought it was the dumbest idea of the 21st century. A currency that is not regulated by a government, how could anyone see this as a good idea? That is what my mentality […]

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Why a Bitcoin Investment Fund is a Horrible Idea

A friend of mine brought up the idea to me about a firm creating an exchange traded fund (ETF) or Mutual Fund for Bitcoin; similar to GLD which is an ETF for gold, this fund would only hold Bitcoin. Now […]

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BitMEX To Release Bitcoin Volatility Index

Bitcoin derivatives exchange BitMEX is set to launch its own take on the VIX, a popular index measuring market volatility, on the 5th of January. The VIX is often called the “fear index” or the “fear gauge”, as it can […]

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