Dell Sells Excess Capacity To Bitcoin ASIC Miners

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Contracts that are short and cheap, provide huge capacity and room to grow quickly are just some of the requirements that bitcoin miners demand from data centres. But these needs are not met by the type of product that your typical colocation company provides. On the other hand, it's nothing new that some companies find themselves with more space than required but what is new is that now, that excess capacity is being used for bitcoin ASIC hosting. Continue reading →

Judge Forrest Rejects Illegal Search Defense In Ulbricht Case

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Ulbricht's lawyers defense that the FBI illegally collected evidence in the case against him has been rejected by Judge Katherine Forrest on the grounds that Ulbricht insufficiently established that the server searched was his. Wired describes the ruling as based on a technicality. Some reactions to the ruling: Continue reading →

Andreas Antonopolous Testifies Before Canadian Senate Committee

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On Wednesday, October 8, Bitcoin advocate Andreas Antonopolous testified before the Canadian Senate Committee on Banking, Trade, and Commerce on the subject of digital currencies and regulation. The meeting was the one in a series of eleven scheduled by the Senate Committee on the subject of the “Study on the use of digital currency.” Previous meetings featured presentations by representatives from Visa and Mastercard; the Bitcoin Embassy, the Bitcoin Alliance of Canada, and the  Bitcoin Foundation; BitPay and PayPal; the Canada Revenue Agency; CAVirtEx, the Bitcoin Strategy Group and Bit Access; and the Bank of Canada, among others. Continue reading →

Liberty Reserve Founder Arthur Budovsky Extradited

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The most prominent department of the United States government that prosecutes persons today announced that it has extradited Costa Rican citizen Arthur Budovsky from Spain. Assistant US Attorney General Caldwell is quoted in the Department's press release noting that Budvosky had already renounced his United States citizenship, operated his venture in the country outside of the United States otherwise known as Costa Rica, and had at the time of his extradition been storing his corporeal form in Spain which is another country which is not in the United States.

Second Market Spins Off "Digital Currency Group"

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Barry Silbert of SecondMarket announced the spin off of the Digital Currency Group from the parent company. The announcement:

Important step towards separating our bitcoin biz from @SecondMarket. The name. Introducing…Digital Currency Group http://t.co/s4Hld235bP

— Barry Silbert (@barrysilbert) October 10, 2014

The trademark for the new venture was initially filed June 20th, and the Digital Currency Group has a website at dcg.co

The Rise and Rise of Piracy

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After much delay, the comedy titled The Rise and Rise of Bitcoin has been released. Available for purchase via Vimeo for $4.951, the movie provides the viewer with a glimpse into the past of bitcoiners who lost it all. While the film makers set out to create a serious documentary about Bitcoin, the end result is that TRAROB lost all of its appeal as a documentary but in turn, became a classic Bitcoin comedy. Continue reading →

  1. You really didn't think I would link that, did you? ↩

Wix.com Integration With snapCard Allows Sites To Accept Bitcoin

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All Wix members can now accept bitcoin on their websites or blogs with the snapCard widget. Wix.com is an online based website builder that includes simple drag n' drop features as well as free hosting for their members. In conjunction with Boost.vc, Snapcard was founded on Black Friday in 2013. Their goal is to "help bring liquidity to the Bitcoin currency" by giving users the ability to purchase items from online retailers such as Amazon and Staples. Continue reading →