Major Portsmouth Restaurant Accepts Bitcoin; Supporting New Hampshire’s ‘Free State’ Movement

A restaurant in Portsmouth, N.H. now accepts bitcoin, according to Free Keene, a pro-decentralization and pro-bitcoin organization in New Hampshire, which is a very independence-minded state in the U.S. Keene, N.H. is the base of a “free state” movement in New Hampshire. The restaurant, called Street, is in the west end of Portsmouth, and it […]

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KIBO to Provide Integrated Lottery Games Built on Ethereum Smart Contracts

Lottery players worldwide will soon be able to compete for winnings in games that operate transparently over the Internet and receive payment immediately in cryptocurrency. Players will have access to full information on draws, wins and other transactions within the system. The system provides transparency of all processes, which indicates it offers fair play. Kibo Partners […]

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US Government to Auction off $1.6 Million Bitcoins

The U.S. Marshals Service (USMS) announced today that they will be auctioning off $1.6 million worth of bitcoins later this month. The more than 2,700 bitcoins were forfeited from various cases including that of the notorious online black market, Silk Road, which was shut down by the FBI in 2013. In an announcement released today […]

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US, UK Top Cryptomarkets Online Illegal Drug Trades

Compared to the days of Silk Road in 2013, the number of transactions of illicit drugs on the cryptomarkets has tripled, with revenues doubling, says a new report by RAND Europe. The not-for-profit research institute, whose mission is to help improve policy and decision-making through research and analysis, names vendors who indicated they were operating […]

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Bitfinex Slowly Getting Back Online after Users Suffer 36% Loss

Bitfinex has announced that it is slowly getting back online after announcing to its users that they will lose 36 percent of their assets. Last week the Hong Kong-based bitcoin exchange suffered a security breach which saw $65 million worth of bitcoins stolen and the price of bitcoin plummeting 20 percent. It has since climbed […]

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Bitspark Partners With Vitaxel Group To Launch Remittance Platform In Malaysia

Bitspark Limited, a remittance service that leverages bitcoin and blockchain technology, has partnered with Vitaxel Group, a direct sale organization, to bring Bitspark’s payment platform to Malaysia, the company announced in a blog. Bitspark enables money transfer businesses to send and receive money faster, cheaper, and more securely to more than 100,000-plus destinations worldwide. The two companies seek […]

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Australia Moves to Regulate Bitcoin

Digital currencies such as bitcoin are attractive for terrorism financing, according to Australia’s financial intelligence agency, AUSTRAC, which is calling for them to regulate it under its anti-money laundering and counter-terrorism financing laws. A report published by AUSTRAC, Terrorism financing in Australia 2014, stated that terrorism financing was turning its attention to electronic and online […]

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Malta Gambling Regulatory Body Cautious of Bitcoin

The Gaming Industry is keen to embrace technological advances, says the executive chairperson of the Malta Gaming Authority (MGA), Joseph Cuschieri. However, there should be flexible regulatory frameworks that would innovate the industry to take advantage of the full developments that should also minimize risks to consumers. One area the structures would be considered is the use of cryptocurrencies […]

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Fake Bitcoin Apps Emerge in Apple iTunes App Store

Fake bitcoin wallet apps have emerged in the Apple iTunes App Store, potentially putting bitcoin accounts at risk and reinforcing the need for people to make sure they are downloading apps from official wallet websites, according to Kyt Dotson, a senior editor at Silicon Angle. A representative of Breadwallet, a bitcoin app available in App […]

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Bitcoin Price Bounce Approaches $600

Bitcoin price is gradually approaching $600 (Bitstamp) as the chart’s momentum indicators show ongoing compensation for last week’s strong sell-off. Could advance continue immediately? Possibly, but with a few obstacles to consider. This analysis is provided by xbt.social with a 3-hour delay. Read the full analysis here. Not a member? Join now. Bitcoin Price Analysis […]

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