Bitcoin

  • Alleged Bitcoin Creator Dorian Prentice Satoshi Nakamoto Denies Involvement

    Alleged Bitcoin Creator Dorian Prentice Satoshi Nakamoto Denies Involvement

    Is this man really the father of Bitcoin? After a full day of wild speculation and anger, the LA press has finally tracked down Nakamoto and he’s receiving a grilling. According to reports, Nakamoto and an AP reporter went to a sushi restaurant earlier this afternoon while the rest of the press followed along. Finally, the 64-year-old man went to the AP offices where he conducted his… Read More

  • Is This The Real Satoshi Nakamoto?

    Is This The Real Satoshi Nakamoto?

    It should come as no surprise that Newsweek suspects Satoshi Nakamoto, the reclusive creator of Bitcoin, is a shy, retiring Japanese-American man living in Temple City, California with his mother. The search – which is, quite boringly, based on looking through records naturalized U.S. citizens named Satoshi Nakamoto – seems to have homed in on one man, Dorian Prentice Satoshi Nakamoto. Read More

  • Congressman Calls To Ban U.S. Dollar In Response To Plea For Bitcoin Ban

    Congressman Calls To Ban U.S. Dollar In Response To Plea For Bitcoin Ban

    Congressman Jared Polis is calling on the Treasury to ban physical dollars in response to Senator Manchin’s plea to ban Bitcoin. “The exchange of dollar bills, including high denomination bills, is currently unregulated and has allowed users to participate in illicit activity, while also being highly subject to forgery, theft, and loss,” wrote Polis in a statement. To be… Read More

  • FreedomPop Announces The Privacy Phone, A Fully-Encrypted Smartphone For $10 A Month

    FreedomPop Announces The Privacy Phone, A Fully-Encrypted Smartphone For $10 A Month

    Meet the Privacy Phone, a device that FreedomPop brags is the only smartphone and mobile service that allows for encrypted communications. Lovingly nicknamed the “Snowden Phone” by FreedomPop, It can even be purchased with Bitcoin to further protect the owner’s anonymity. Simply put, if you’re in the market for a phone to plan to help run a criminal enterprise or… Read More

  • Fools And Their Bitcoin

    Fools And Their Bitcoin

    I got a text message today from a PR person – one I actually like – who asked me if I wanted the exclusive on two new bitcoin ATMs in Austin as well as a “roving” ATM that will, presumably, be spitting out crypto currency for drunk social media marketing managers at SXSW. “Do you want the story?” he asked. Read More

  • Overstock.com Exceeds $1M In Bitcoin Transactions In Two Months

    Overstock.com Exceeds $1M In Bitcoin Transactions In Two Months

    Surprise! People have bitcoins and want to spend them, a fact that Overstock.com quickly discovered after they started accepting bitcoin payments. “We did not expect to hit this milestone so quickly,” states Overstock.com Chairman and CEO Patrick M. Byrne. “Bitcoin customers are good customers, and we’re pleased to provide them this service.” Overstock.com… Read More

  • Mt. Gox Source Code Leaked By Hackers Along With Team Information, Customer Data

    Mt. Gox Source Code Leaked By Hackers Along With Team Information, Customer Data

    Those interested in building a Bitcoin exchange should look no further than this chunk of source code posted by a “Russian leaker” called nanashi_. It alleges to contain the 1,700-line source code for Mt. Gox’s electronic exchange. The code describes the Bitcoin class for Mt. Gox and the various methods for transmitting and receiving BTC. Hacker News believes that CEO… Read More

  • Britain Will Reportedly Scrap 20% Tax on Bitcoin

    Britain Will Reportedly Scrap 20% Tax on Bitcoin

    British authorities have plans to scrap a 20% “value-added tax” on Bitcoins, bringing regulation of the controversial crypto-currency in line with the way it treats other currencies. “The UK’s welcoming approach to Bitcoin contrasts with the approach of other countries, amid concerns about its use for tax evasion and money laundering as well as its notoriety for… Read More

  • As Auroracoin “Airdrop” Approaches, What Does It Mean When A Nation Adopts A Cryptocurrency?

    As Auroracoin “Airdrop” Approaches, What Does It Mean When A Nation Adopts A Cryptocurrency?

    Iceland has its own Satoshi. A programmer called Baldur Friggjar Odinsson has created an alternative to bitcoin that he is calling AuroraCoin and in twenty-three days he will “airdrop” 31.8 coins to every citizen of Iceland – all 330,000 of them. Read More

  • Gillmor Gang: Meat and Potatoes

    Gillmor Gang: Meat and Potatoes

    The Gillmor Gang — Dan Farber, Keith Teare, Kevin Marks, and Steve Gillmor — marked Farber’s transition from the media to the new frontier. We don’t know what his plans are, but I’m betting great things are just ahead. Several weeks after Om Malik moved into a full-time executive role in his venture firm, Dan’s move suggests we’re seeing something… Read More