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Crypto Currency for the Unbanked Masses

BTER Compromised, 7170 BTC Stolen

The popular China-based exchange BTER has been compromised and 7,170 bitcoin were stolen from their cold wallet storage. The website has since had the following posted on their website: 7170 BTC got stolen from our cold wallet in this transaction:https://blockchain.info/tx/f5b0363f03e1ed8bb812c135361ea93590c831ce9f13a3750be1b93575baccc6 720 BTC bounty […]

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The Great Bitcoin ATM Robbery

Business has not been so great for the owners of Mr.Bitcoin in Amsterdam as they came in this morning to find two of their BTMs had been stolen during the night. They announced over their Twitter account (@MrBitcoin) that the machines had been […]

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Fool Me Twice: $1.75M Stolen, BTER claims

“Fool me once. Shame on you. Fool me twice. Shame on me.” –Chinese Proverb. BTER has the following statement on its website: 7170 BTC got stolen from our cold wallet in this transaction: https://blockchain.info/tx/f5b0363f03e1ed8bb812c135361ea93590c831ce9f13a3750be1b93575baccc6 720 BTC bounty for chasing it […]

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MIT Bitcoin Expo 2015 Will Be Held In March

The Massachusetts Institute of Technology (MIT) will be holding its second Bitcoin Expo on the 7th and 8th of March. The event, which spans two days, is organized by the university’s Bitcoin Club. MIT student Nchinda Nchinda wrote on the club’s […]

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Research Predicts Cryptocurrency Volume Increasing, Values Decreasing?

Juniper Research anticipates a sharp decline in cryptocurrency transactions during 2015. As compared to 2014, the value of Bitcoin and Altcoin transactions is expected to drop by approximately half, from $71 billion to $30 billion. But volumes are surging and […]

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260 Airlines Could Be Accepting Bitcoin Soon

Universal Air Travel Plan (UATP), which calls itself “the low cost payment network privately owned by the world’s airlines”, has teamed up with payment processing company Bitnet to offer its network of over 260 airlines the ability to accept bitcoin […]

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Out of Africa – $1.1 Million raised for BitPesa’s global remittance expansion

With a second round of funding raising $1.1 million, Pantera Capital has taken the lead in advancing Nairobi-based startup BitPesa. Also joining the startup’s board of directors is Dan Morehead, founder and CEO of Pantera Capital Management, LP.  The year-old […]

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New Jersey Holding Hearing on Digital Currencies

Later today New Jersey’s State Legislature will be holding a public hearing regarding digital currencies and bitcoin. The Jersey Insurance Committee and Assembly Financial Institutions have invited guests to speak on the applications. These include current US regulatory schemes related to digital […]

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Ross Ulbricht Found Guilty Of All Charges In Silk Road Trial

The three week long trial against Ross Ulbricht offered some deep insight into the type of business that took place on the Silk Road. After over three hours of deliberation Wednesday afternoon, the 30 year old was charged with the running […]

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2015: The Year of Bitcoin

A decade ago I self-published a collection of letters from travels in South America and I talked about money a lot. The irony is, I hated consumerism and capitalism and all those things we associate with the dollar sign—but it’s […]

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