The United States Department of Homeland Security shut down Mt. Gox’s ability to accept or send transfers using mobile payment service Dwolla last night. According to the warrant, a Homeland Security special agent believes Mt. Gox is guilty of the crime of operating an “unlicensed money transmitting business.” After an undercover informant used the service […]
Unless you’ve been living in a self-imposed media blackout throughout 2013, you’ve seen and heard bitcoin become a mainstream news topic. With its higher profile comes an inevitable increase in popularity and acceptance as payment. For example, DWI Attorney Jay Cohen of Houston, TX now accepts bitcoin. In Cypress, the world’s first Bitcoin ATM is […]
Hey, remember these guys? No, not those guys. These guys. The Winklevoss twins, most notable for trying to lay claim to much of Facebook’s profit, has invested a lot of money in Bitcoin. That may not seem like such a big deal, but Cameron and Tyler Winkelvoss didn’t just lose out on Facebook billions and […]
File sharing has long been a part of the internet discussion. The sharing of music, movies, books, and other forms of media are common place, although legally murky. Attracting a lot of attention recently is Cody Wilson, Director of Defense Distributed (DD), an organization committed to sharing weapons designs to be fabricated through 3D printers. […]
Royal Canadian Mint challenges software developers to help create innovative new applications for digital payment with their MintChip Challenge. The incentive is payment of over two pounds of pure gold, spread out over seven different prize categories that include Best Micropayment Application, Best P2P (person to person) Application, and three Best Overall Application awards. All […]
If you’ve been following the news recently, you’ve probably seen at least a mention of bitcoin. The latest was negative press about hackers compromising a major Bitcoin trading web site and plunging the value of the virtual coinage from around $17.50 per coin to around one cent. But what’s the fascination with bitcoin and is […]
