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1  Bitcoin / Press / [2014-09-12] Google account details of five million users 'leaked' on Russian Bi on: September 12, 2014, 07:18:01 AM

At least 60 per cent of the compromised accounts are believed to be active, the International Business Times (IBT)has reported via RIA Novosti. The database is mainly comprised of Russian-speaking users, but some English and Spanish-speaking members are said to be on the list well.
2  Bitcoin / Press / [2014-09-12] Spain Cracks Down on Bitcoin Gambling Loopholes on: September 12, 2014, 07:09:44 AM

The Spanish government agency that oversees matters of finance and taxation has issued a new ruling stating that bitcoin should be treated as an electronic payment system, a decision that could have a far-ranging impact on Spain’s bitcoin economy.

El Ministerio de Hacienda y Administraciones Públicas issued the ruling in response to questions from Coinffeine, a Spain-based, open-source bitcoin exchange platform. Abanlex, the company’s law firm, had previously reached out to both El Ministerio de Hacienda and the country’s Congress seeking clarity on two issues in April.
3  Bitcoin / Press / [2014-09-12] Bitcoin slides after failing to close above the $490-level on: September 12, 2014, 07:03:25 AM$490-level-309094

According to the CoinDesk Bitcoin Price Index, which averages prices from the major exchanges, prices of the crypto-currency slipped 0.34% to trade at $475.91.

Prices of the virtual currency remained supported after EBay announced on September 8 that Braintree, the company’s payment processor unit, would begin accepting Bitcoin in the “coming months.”
4  Bitcoin / Press / [2014-09-11] Amagi Metals CEO: Bitcoin Will Replace the US Dollar in My Lifetime on: September 11, 2014, 05:23:16 AM

Amagi Metals took the bitcoin community by surprise this August when it broke ranks with even its more progressive peers in the precious metals space to boldly announce it would stop accepting the US dollar as a payment method by 2017.
5  Bitcoin / Press / [2014-09-11] Financial Planning Association: Bitcoin Can Boost Portfolio Returns on: September 11, 2014, 05:20:43 AM

An industry group representing certified financial planners has found that bitcoin can be a beneficial addition to investor portfolios.

In the new report, the Financial Planning Association (FPA) asserted that for many investors, bitcoin represents a potential opportunity that could both diversify and boost the efficiency of a portfolio.
6  Bitcoin / Press / [2014-09-11] Coinbase Launches Bitcoin Buying and Selling in 13 European Countri on: September 11, 2014, 05:19:02 AM

Coinbase has announced its first expansion beyond the US market, launching bitcoin buying and selling services in 13 countries across Europe.

With the beta launch, Coinbase will now allow consumers in Austria, Belgium, Cyprus, Finland, France, Greece, Italy, Latvia, Malta, the Netherlands, Portugal, Slovakia and Spain to buy and sell up to €500 in bitcoin per day.
7  Bitcoin / Press / [2014-09-10] Hacker breaks into Bitcoin founder’s email account and promises to on: September 10, 2014, 07:22:39 AM

Wired magazine reported on Tuesday that the personal e-mail account belonging to the elusive Bitcoin founder, Satoshi Nakamoto, had been hacked. The hacker, who said his name is “Jeffrey,” said he has sensitive information that could reveal Nakamoto’s identity and, for a price, would release documents. He asked for 25 bitcoins (BTC)—worth roughly $12,000—to be sent to a specific BTC address.
8  Bitcoin / Press / [2014-09-10] After Bitcoin Hits a Yearly Low, Can It Fall Even Further? on: September 10, 2014, 07:03:54 AM

Bitcoin hit the lowest price in September so far yesterday, reaching a low of $456.30, and then an immediate recovery to $470.77 took place. However, the move lower has been sustained and the current price is nearer to monthly low posted yesterday. At present, there is a weak downward trend at the hourly timeframe and seems to be testing the $464 support level. A downward move past this support could see the next support at $454.37 tested as well. In the event of an upward swing, the $470.80 and $480.96 levels will provide resistance.
9  Bitcoin / Press / [2014-09-10] Bitcoin As Salary: Yay Or Nay? on: September 10, 2014, 06:59:25 AM

Bitcoin is increasingly being accepted by Canadian companies and employees. However, the cryptocurrency is subject to tax deductions, due to its asset-like treatment by the government, causing many to reconsider
10  Bitcoin / Press / [2014-09-09] Payments Unit Braintree to Let Merchants Accept Bitcoin on: September 09, 2014, 03:48:16 AM

The move would allow websites and apps that run payments through Braintree (part of eBay’s PayPal) to start accepting bitcoin as a payment method, these people said. Braintree’s most popular customers include Uber, Airbnb and HotelTonight. It’s not clear which, if any, of these customers will choose to accept the digital currency.
11  Bitcoin / Press / [2014-09-09] BTC/USD Technical Analysis – 8th September 2014 on: September 09, 2014, 03:41:29 AM

Hours ago, BTC hit a new 18-day low of $460 on BTC-e. Late last week, it spiked up to $494 and then retreated. While the volatility isn’t impressive by historical standards- the total price range has been only 7%- it is higher than anything we’ve seen since mid-August. - See more at:
12  Bitcoin / Press / [2014-09-09] Gravitas Buys Bitcoin Docu Using Bitcoin, Will Sell Copies Via Bitc on: September 09, 2014, 03:32:18 AM

Ben Bledsoe, Patrick Lope, and Mross produced the film and debuted it at this year’s Tribeca Film Festival. Gravitas is plotting a limited NY/LA theatrical release on October 3 followed by a VOD/iTunes debut a week later. The film also will screen in Cleveland at the Cedar Lee Theatre in Cleveland Heights, AKA Bitcoin Boulevard US, home to the country’s first organized bitcoin merchant community.
13  Bitcoin / Press / [2014-09-08] Azteco and Xoin, Two Bitcoin Voucher Companies Targeting Unbanked P on: September 08, 2014, 03:54:15 AM

According to their press notes the services are designed for one potentially huge emerging market; namely, the unbanked populations of Africa. Out of the two, Azteco claims that it is the easiest way to buy Bitcoins and according to the company it is in the final stage of development of its voucher product and is already accepting applications from prospective vendors.
14  Bitcoin / Press / [2014-09-08] Former Bitcoin Foundation chair pleads guilty to money-laundering c on: September 08, 2014, 03:46:09 AM

Former Bitcoin Foundation chair and BitInstant CEO Charlie Shrem has entered a guilty plea on charges that he operated an illegal currency trading operation, and will fork out nearly a million dollars to the US government, in a deal that avoids a trial that was due to start on September 22.

Shrem, who resigned his position at the Bitcoin Foundation in January following his arrest, has owned up that not only did he process transactions on behalf of the now-defunct Silk Road, but that he knew the online marketplace was a haunt of drug dealers.
15  Bitcoin / Press / [2014-09-08] Future Funds: The Latest on Bitcoin and Cryptocurrency on: September 08, 2014, 03:42:46 AM

Decentralized, virtual, and anonymous—cryptocurrencies continue to grow in use and in popularity. Bitcoin, the first of its kind to achieve notoriety, was created in 2009 by an unknown person with the alias Satoshi Nakamoto. Transactions occur instantaneously through mobile apps or computers, thereby avoiding banks, credit card companies, and miscellaneous fees. Bitcoin boasts a market cap of about $8,000,000,000—considering the 13 million bitcoins in circulation, the value works out to over $500 each. In the past year, the number of bitcoin transactions per day has ranged from 40,000 to 100,000. Due to the anonymity and scope of the bitcoin economy, policymakers and corporations are beginning to take notice.
16  Bitcoin / Press / [2014-09-07] Bitcoin exchangers Charles Shrem, Robert Faiella plead guilty to fe on: September 07, 2014, 04:46:54 AM

On Thursday two prominent Bitcoin supporters, Robert Faiella and Charles Shrem, pleaded guilty to federal charges in a Federal District Court in Manhattan. Faiella, 54, was also known as BTCKing and admitted to operating an unlicensed money transmitting business on Silk Road. Shrem, 24, was formerly the CEO of BitInstant and is one of the founding members of the Bitcoin Foundation. He pleaded guilty to aiding and abetting the operation of an unlicensed money transmitting business.
17  Bitcoin / Press / [2014-09-07] British Hacker Pleads Guilty to Blackmailing Lloyds Bank for Bitcoi on: September 07, 2014, 04:44:46 AM

Lewys Martin, a 22 year old “hacker”, who was threatening to expose personal data of 28,000 customers of Lloyds Bank, pled guilty at Southwark Crown Court on September 3, 2014 to blackmail, possession of articles for use in fraud and possession of indecent images of children. Little is actually known about the defendant, except that he had previously lived in Deal in Kent. The case was originally reported to police by the Lloyd’s Banking Group and The Sun newspapers, both of whom claimed that they were being blackmailed by someone who had obtained the bank account details of approximately 28,000 of their customers.
18  Bitcoin / Press / [2014-09-07] Indonesian and Filipino Startups Striving to Bring Bitcoin to the M on: September 07, 2014, 04:37:20 AM

As Singapore is emerging as a regional Bitcoin hub and attracting more and more venture capital investments from the West, its neighbors, Indonesia and the Philippines, are following the city-state's pace and initiating ambitious projects striving to bring Bitcoin to the locals.
Bitcoin now available in 10,000 Indonesian convenient stores

Indonesia's leading Bitcoin exchange Bitcoin Indonesia recently announced a partnership with payment processor iPaymu, the largest chain of franchised convenient stores in the country. The deal will enable residents to buy bitcoins over the counter at over 10,000 'Indomaret' convenience stores.
19  Bitcoin / Press / [2014-09-06] Inside a Top Bitcoin Mine in China on: September 06, 2014, 12:54:12 PM

Once the pursuit of hobbyists with powerful CPUs (and later GPUs), mining is now a highly competitive business performed on an industrial scale.

But what is life like inside one of these power guzzling giants? Blogger Bitsmith found out first-hand on a trip to a one of the world’s biggest facilities at a mystery location in China. Check out the scenes he witnessed in the gallery below:
20  Bitcoin / Press / [2014-09-06] Million dollar Washington house being sold -- for Bitcoin on: September 06, 2014, 12:49:12 PM

SAN JUAN ISLANDS, Wash. -- A million dollar home in the San Juan Islands is expected to hit the market later this month, and the sellers don't want a single dime for it.

Instead, they're asking for payment by Bitcoin, the digital, worldwide currency. If the sale goes through, it will likely be the first of its kind in Washington state, real estate experts said.
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