Toggle light / dark theme

Celebgate Could Inspire More Bitcoin Blackmail

Caleb Chen — Cryptocoinsnews

The Celebgate incident is still unfolding, and we are already seeing mainstream media report on the connection between the “nude celebrity photos” and Bitcoin. The original leaker of the pictures returned to 4chan recently to respond to the uproar he had caused. An excerpt from his post highlights Bitcoin’s involvement in Celebgate:

People wanted **** for free. Sure, I got $120 with my bitcoin address, but when you consider how much time was put into acquiring this stuff (i’m not the hacker, just a collector), and the money (i paid a lot via Bitcoin as well to get certain sets when this stuff was being privately traded Friday/Saturday) I really didn’t get close to what I was hoping.

The leaker used bitcoins to purchase the nude photos of 100+ celebrities from the hacker. The leaker went on to explain that as he was posting he started noticing tell-tale signs that his computer actions were being watched and tracked. He further claimed that his “ISP kept cutting out” and that there were “Weird emails coming in..” The FBI is currently investigating both the leaker and the hacker, whom might have used an iCloud exploit.

Read more

5 US States Poised to Promote Bitcoin-Friendly Regulation

(@danielcawrey) — Wired

US state flags

Given the recent critiques of New York and its proposed framework for bitcoin businesses, many of the law’s opponents are no doubt hoping the state and its regulators will alter the bill during its now extended comment period.

After all, New York’s BitLicense proposal, once approved, could prove influential at shaping wider US bitcoin regulation, a fact recently underscored by New York Department of Financial Services (NYDFS) superintendent Ben Lawsky in an interview with CoinDesk.

Read more

GHash Mining Pool Generates $250 Million in Bitcoin in One Year

— Coindesk
ghash
Since opening its doors on 3rd August of last year, major bitcoin mining pool operator GHash.io has generated nearly $250m in bitcoin, according to a new infographic released by the company.

The pool has produced 413,752.01889456 BTC since it first began hashing in 2013, an amount worth $248,251,211.33 according to the CoinDesk USD Bitcoin Price Index.

Read more

New Bitcoin challenger launches


Stripe is diving into digital currency in a big way.

The San Francisco-based startup, whose technology lets businesses accept online payments, helped introduce a new Bitcoin-like currency on Thursday called “stellar,” as well as a payments network that lets users send any kind of traditional and digital currency including U.S. dollars, pesos, euros and Bitcoins. People will be able to send one kind of currency across the globe and have it automatically converted into another — a sort of all-inclusive online money exchange.

Read more

Dell Starts Accepting Bitcoin Payment

Alex William — Bitcoin Vox

Michael Dell, founder and CEO of the big PC maker Dell, announced via Twitter on Friday that his eponymous company will start accepting bitcoin as a payment option for anything purchased on the company’s website.

For bitcoin, it’s one of the biggest signs yet of mainstream acceptance. With nearly $57 billion in sales in 2013, Dell would be by far the largest company to take bitcoin. Dish Network, which began accepting bitcoin in May, had $13.9 billion in 2013 sales.

Read more

Bitcoin Price Prediction Tool: Amazingly Accurate

Mark M. Bravura — CryptoCoins News

The single biggest stigma that still haunts Bitcoin is it’s extreme volatility. However, imagine if you had a tool likened to an amazingly accurate Bitcoin crystal ball. Moreover, one that did not incur any out-of-pocket expenses to reap the benefits. Well, now you do, thanks to the Bitcoin prediction tool, courtesy of BTCPredictions.com.

The Bitcoin prediction tool is a unique artificial neural network that predicts future Bitcoin price movements on Bitstamp every hour via a type of artificial intelligence; similar to a human’s central nervous system.

Read more

Bitcoin: Going from Deceptive to Disruptive

Written By: — Singularity Hub

Bitcoin is moving from its Deceptive phase to a very Disruptive phase. This post is going to explain why, and what you may want to do.

I’ve been tracking Bitcoin since its inception, and my confidence has grown to the point where I’m now trading in a portion of my gold holdings for bitcoin, buying it and accepting bitcoin for the Abundance 360 CEO Summit.

Read more

Newegg is the latest online retailer to accept Bitcoin

Tom Cheredar — Venture Beat

Newegg is the latest online retailer to accept Bitcoin

Even though Bitcoin has suffered some security setbacks over the last few months, many retailers still seem happy to let customer pay with the controversial crypto–currency.

The latest of these retailers is online tech store Newegg, which today announced plans to begin accepting Bitcoin for purchases on the site. To make this happen, Newegg is teaming up with virtual currency processor Bitpay.

Read more