IT - Bitcoin
21 Mar 2016
#50866
Law Enforcement Continues To Invest In Bitcoin Tracking Services
bitcoin.com, March 21st, 2016

"With malicious DDOS attacks and ransomware on the rise, it's no surprise that law enforcement wants to get a grasp on this technology. Blockchain intelligence company Elliptic has just received funding for $5 million USD to help curb cryptocurrency related crime with one of the investing firms headed by a former NSA director..."
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    21 Mar 2016
    #50863
    Bitcoin Remains Most Popular Digital Currency On Dark Web
    CoinDesk, March 21st, 2016

    "Two professors at the Department of War Studies at King's College London have published the results of their deep dive into The Onion Router, or Tor, network, which is designed to make it difficult to track the activity of online users.

    The study found that websites offered illicit goods and services in 12 categories, including finance, and that bitcoin was still the digital currency of choice for conducting a wide range of other transactions..."
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    21 Mar 2016
    #50869
    Wirex Brings Paypal-To-Bitcoin Conversion To Over 30 Countries
    bitcoin.com, March 21st, 2016

    "Buying Bitcoin through more convenient and conventional payment solutions can be a struggle for digital currency enthusiasts, depending on their location. Luckily, services such as Wirex make it easier to do so, as they announced a new feature to buy Bitcoin through PayPal. What is even more important, they have come up with a way to keep the fees on the low side. This new feature will be available to Wirex in over thirty countries starting today..."
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    24 Mar 2016
    #50865
    Is Bitcoin The New Swiss Bank Account (And Is That A Problem?)
    Bitcoin Magazine, March 24th, 2016

    "Bitcoin was embraced by many for its libertarian ideals of economic liberty and individual sovereignty. But it has now effectively been dragged into the current, and very public, privacy debate between Apple and the FBI.

    Last week, President Barack Obama said he believes a balance must be sought between privacy and security. As one example of the risks of strong encryption, and seemingly referring to cryptocurrencies, Obama pointed out that if government can't access phones, 'everybody is walking around with a Swiss bank account in their pocket.'..."
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    24 Mar 2016
    #50867
    MIT Media Lab Director: How The Bitcoin Blockchain Can Unlock The Internet's Full Potential
    CryptoCoinsNews, March 24th, 2016

    "Brian Forde, MIT Media Lab's director of digital currency, explained how bitcoin and the blockchain could transform the way the world does business during a podcast interview presented by Inc. Uncensored. A team of Inc. editors, led by Editor James Ledbetter, introduced Forde and asked him to give an overview of bitcoin and the blockchain before posing questions..."
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    24 Mar 2016
    #50868
    The Role Of Bitcoin Nodes: Do Full Nodes Running In Data Centers Benefit The Bitcoin Network?
    Bitcoin Magazine, March 24th, 2016

    "Since its launch, Bitcoin Classic's node count has steadily increased. The latest release of the alternative Bitcoin implementation even topped the charts, with almost 3,000 Bitcoin Classic 0.12 nodes reachable on the network.

    But a closer look at these statistics reveal some odd details.

    First, IP-data suggests that many Bitcoin Classic nodes might not really be many Bitcoin Classic nodes at all. Instead, a single node could use multiple IP addresses to spoof total node count. This possibility appears more likely in light of the observation that very few Bitcoin Classic nodes seem to be replacing existing Bitcoin Core nodes, indicating that these are new nodes, rather than node operators actually make the switch..."
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    24 Mar 2016
    #50862
    100,000 Locations Worldwide Now Accept Bitcoin With Bitit Gift Cards
    bitcoin.com, March 24th, 2016

    "Bitit, a company based in Paris, has launched a new initiative to let consumers buy bitcoins from 100,000 physical stores all over the world. Physical Bitcoin gift cards can be of major significance in the efforts of pushing digital currency adoption to new levels. Plus, Bitit provides consumers with a physical representation of Bitcoin..."
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    24 Mar 2016
    #50864
    Federal Reserve Says Bitcoin Has 'Significant Friction'
    bitcoin.com, March 24th, 2016

    "Researchers from the New York Federal Reserve have issued a report on the digital currency Bitcoin. The study called 'Is Bitcoin Really Frictionless?' uses some historical prices and arbitrage between three leading exchanges in the past. The analysis by the authors gives a detailed opinion on why there are different spot price ranges among each exchange concluding that the digital currency is not really frictionless..."
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