Suppose the Japanese Police have conducted an investigation deep into the Mt. Gox affair, and they’ve got all this evidence to prove negligence or even theft on the part of Mark Karpeles. The question is: so what? What difference will that make? Will it magically make the funds re-appear in the accounts of investors? That should, after all, be the focus of all operations. To get the money returned the Mt. Gox account holders. Anything that doesn’t center on that will ultimately be a fruitless exercise in state power. Mt. Gox robbed a lot of us of a lot of […]
Bitcoin wallet provider Airbitz continues to close in on the release of buy-and-sell functionalities within its wallets interface. The Lead architect of the wallet, William Swanson, recently told CCN that the firm will soon offer the service around the globe through its partners. “Our US partner is bringing their service online and is in private Beta at the moment,” Swanson said. “We will be able to switch on our in-app integration soon.” The company also has a Eurozone partner ready to go. “We just need to hook up a bit of code,” Swanson said. By offering this service through its […]
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Microsoft’s Bing rewards site gets a great deal of traffic. Many visitors of the site may have gotten their first taste of Bitcoin this morning, noticing a $500 sweepstakes sponsored by Snapcard. CCN previously reported about Snapcard and the way that it accepts multiple cryptocurrencies at real world businesses, among other stories. Today Bitcoin got a rather big boost thanks to Snapcard’s promotion of a $500 sweepstakes. The company will open the winner a wallet on their own platform and provide them with the money. Presumably there would then be nothing stopping the winner from moving the money to their […]
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meXBT, a Mexico-based bitcoin exchange, will use bitcoin to facilitate financial transactions between Latin America and Asia with its recent acquisition of Coin Republic, a Singapore-based bitcoin brokerage. The acquisition gives meXBT the ability to allow financial transactions between Latin America and Asia using bitcoin without the parties having to purchase bitcoin. meBXT announced the acquisition on its website. The purchase price was not disclosed. “The strategy is to use technology as the basis bitcoins payment system between companies and evidently between international trade is one of the areas where we see greater opportunity,” meXBT announced on its website. Exchange […]
One of Bitdefender’s servers has been hacked by DetoxRansome. The hacker claimed to have stolen some of the login credentials of Bitdefender’s users. He has also threatened to release the details of the users if the sum of $15,000 is not paid as ransom. The breach has been confirmed by Bitdefender, an antivirus software provider. Bitdefender, however, claimed that the total amount of data that was leaked is less than 1 percent of its users’ data. They further stated that the login credentials that were compromised were those of accounts belonging to small to medium sized businesses. They implied that […]
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