No 15th bracelet for Phil Hellmuth yet at the 2017 World Series of Poker, though he just came very close.
As more and more online gambling websites mull over the anonymous digital currency bitcoin, there appears to be good reason why said companies have had reservations up to this point.
Business Insider in the UK reports that Japanese authorities are investigating whether a $730 million heist this past year could have been an inside job.
CNN is scheduled to discuss the topic of Bitcoin’s future in a live Twitter chat Thursday December 18, 2014 at 12 PM EST @CNNTech. The anonymous digital currency has finally begun to catch on in the Internet gambling community after a long period of resistance. A number of mainstream outlets are also starting to take notice.
A panel of experts have been assembled to discuss Bitcoin. They include:
With online gambling sites only now beginning to jump on the Bitcoin bandwagon (quite possibly PokerStars among them), some of the earlier Bitcoin startups are currently facing scrutiny, the most notorious of them all being drug bazaar Silkroad.
And now the founder of that underground company, Ross Ulbricht, is alleged to have set up at least six murder-for-hire plots.
Chris McAlary tells CalvinAyre.com he decided to start the Bitcoin mining website Coin Cloud ATM following the events of April 15, 2011 in which three of the world’s largest online poker sites were forced to make abrupt exits from the US market, a result of indictments leveled against several key executives from each company.
One of the biggest names in poker, Michael Mizrachi, has announced plans to open his own bitcoin online poker room.
In an exclusive interview with the online gambling industry trade website CalvinAyre.com, Mizrachi revealed his decision to get in on the operating side of things in light of all the difficulties in securing sponsorship deals.
Americas Cardroom CEO Phil Nagy confirmed Wednesday evening that the popular online poker room plans to roll out its Bitcoin withdrawal platform some time during the first week of December (an exact date was not immediately known).
“We were working on this today and should have the withdrawal functionality ready by next week,” Nagy said during a four hour live streaming Q&A format broadcast on Gambling911.com Wednesday evening.
The average price of Bitcoin has settled in between $400 and $500 without the extreme upswings and downswings we witnessed earlier in the year, suggesting stabilization of the anonymous online currency.
Bitcoin + Daily Fantasy Sports contests could amount to big bucks. Try $5 billion.
Fantasy Sports has always seemed like a promising area for Bitcoin acceptance, suggests Kenny Spotz of the CoinTelegraph.com.
Domain names can still fetch top dollars as witnessed this week with the $1.1 million spent by Josh Garza of Connecticut-based mining equipment firm GAWMiners to acquire BTC.com.
Garza told Cryptocoinsnews' (CCN) that he had some "huge things in the works" for the mining world and digital currencies.
"Investors that are looking at Bitcoin will see this acquisition as another sign that it is worth investing in Bitcoin and Bitcoin related companies," Fargo wrote.
The rare domain name was exclusively brokered by Domain Guardians.
Industry titans, government personnel and Adam Wood, Lieutenant Governor and the Queen’s personal representative, are among more than 30 speakers due to make a powerful statement of the Isle of Man’s commitment to cryptocurrencies, as the speaker line-up for the inaugural Crypto Valley Summit is announced.
The Bitcoin Foundation announced Thursday afternoon that they have filed an amicus brief with respect to a criminal case surrounding bitcoin transactions in the state of Florida and more specifically a case involving two subjects arrested last February in Miami Beach.
Popular 5Dimes.com, a US-facing online sportsbook, has become the latest to embrace the anonymous digital currency bitcoin.
5Dimes began accepting bitcoin deposits early this month but withdrawals via this method will be unavailable for the foreseeable future.
Bitcoin will be converted into US currency at the time of deposit as, as such, customers will not be exposed to fluctuations in bitcoin’s exchange rate.
Over the past month, bitcoin has traded slightly above $600 on average across the various exchanges.
Satoshi Poker unceremoniously shut its doors after just over one year in business and it has done so amidst much finger pointing.
One of the first bitcoin-only poker sites, Satoshi sold to new owners last month, however, this group plans to abandon the Satoshi Poker software in favor of their own including the migration of all remaining players to BurnTurn.com, a soon-to-open online poker room.
With more and more online gambling sites popping up that incorporate the anonymous digital currency bitcoin, CoinDesk.com featured an interesting piece Monday that unveils nine of the biggest screw-ups in bitcoin’s short – and some would say shaky – history.
As you can see, these aren’t just simple screw-ups.
Crypto Next plc is an Isle of Man company that wants to bring digital currencies to grassroots level by providing turn-key packages that include a company, operating and trading accounts and white label currency exchange platform, instantly overcoming regulatory and technological barriers.
Crypto Next plc is the second cryptocurrency company to launch in the Isle of Man, where the Government has openly welcomed digital currency companies; a development which is attracting cryptocurrency based businesses since the announcement on the 10th June 2014.
TOULOUSE, France – (Reuters) - French police have dismantled an illegal Bitcoin exchange and seized 388 virtual currency units worth some 200,000 euros ($272,800) in the first such operation in Europe, a public prosecutor said on Monday.
On Friday for a period of nearly 12 hours, mining pool GHash had surpassed the 51% controlling share mark in the anonymous digital currency bitcoin and that has many watchers worried….perhaps with good reason.
Back in January GHash had 42% control and even then there were concerns mounting.
BitCasino.io, the first ever licensed bitcoin-only casino has grown to a player base of 7,000 users betting over 3,000 BTC (~$1,400,000) since February 2014. The success of the casino has been built around its world-class software that includes Live Dealers, Live Dice/Lottery and over 150 HD video slots as well as traditional table games.
Coinbet.cc, a bitcoin-only online sportsbook, has closed its doors, leaving customers wondering if they will ever see their winnings.
Bloomberg News is reporting that the Securities and Exchange Commission is conducting an investigation into the Bitcoin-denominated stock sale of the online gambling website SatoshiDice.com.
LOS ANGELES (Associated Press) - Dorian Prentice Satoshi Nakamoto said Thursday that he is not the creator of bitcoin, adding further mystery to the story of how the world's most popular digital currency came to be.
The denial came after Newsweek published a 4,500-word cover story claiming Nakamoto is the person who wrote the computer code underpinnings of bitcoin.
SINGAPORE (Associated Press) — The CEO of a virtual currency exchange was found dead near her home in Singapore.
A police spokesman said Thursday that initial investigations indicated there was no suspicion of "foul play" in the Feb. 26 death, meaning officers do not suspect murder.
The spokesman said police found 28-year-old Autumn Radtke, an American, lying motionless near the apartment tower where she lived.
Police have so far classified the death as "unnatural," which can mean an accident, misadventure, or suicide.
(Reuters) - Japanese Finance Minister Taro Aso said on Tuesday that the government is still trying to figure out what has led to the collapse of the Tokyo-based bitcoin exchange Mt. Gox and is not sure whether crime is involved.
"We still have not had a clear grasp of the situation," Aso said in response to a reporter's question after a cabinet meeting. "(We) don't know if it was a crime or just a bankruptcy."
(Reuters) - Manhattan U.S. Attorney Preet Bharara has sent subpoenas to Mt. Gox, other bitcoin exchanges, and businesses that deal in bitcoin to seek information on how they handled recent cyber attacks, a source familiar with the probe said on Wednesday.
In the attacks - known as distributed denial of service attacks - hackers overwhelmed bitcoin exchanges by sending thousands of phantom transactions. At least three exchanges were forced to halt withdrawals of bitcoins on February 7, including Mt. Gox, which was the largest at the time.
(Reuters) - Mt. Gox, once the world's biggest bitcoin exchange, filed for bankruptcy protection in Japan on Friday, saying it may have lost nearly half a billion dollars worth of the virtual coins due to hacking into its faulty computer system.
The collapse caps a tumultuous few weeks in which the company has remained virtually silent after halting trades of the crypto-currency, shaking the nascent but burgeoning bitcoin community.
The wait is over…..really over.
In yet another blow to the anonymous digital currency bitcoin, the largest exchange has shut its doors.
Mt.Gox posted an update to its site Tuesday saying a "decision was taken to close all transactions for the time being," citing "recent news reports and the potential repercussions on MtGox's operations.
“This high tech coin could make cash money obsolete.” That’s the introduction to a special report Wednesday night on CBS4 South Florida. The video itself should be available on the CBS4 website by Thursday morning.
Former Colombo family underboss John (Sonny) Franzese has been released from prison at the ripe old age of 100. It was his first full day of freedom in eight years.