CRYPTOCURRENCIES
Hearing on Bitcoin Turns Into Discussion Regarding Shortcomings of Banks
A Tuesday hearing about the anonymous digital currency bitcoin turned into a forum on the shortcomings of the traditional banking system.
Bitcoin Exec Charged With $1 Mil in Money Laundering Out on $1 Mil Bail
Charlie Shrem, CEO of one of the largest bitcoin exchanges BitInstant, was released on $1 million bond Tuesday for his alleged role in money laundering tied to the notorious Silk Road website.
Satoshi Square Becomes Gathering Spot for Bitcoin Traders on Wall Street (Video)
Every Monday night, Bitcoin traders holds a meet up called Satoshi Square, named in honor of Satoshi Nakamoto, the mysterious creator of Bitcoin, in which participants exchange virtual currencies for U.S.dollars. Previously, these meetings took place in a Whole Foods market on the Lower East Side of Manhattan.
Bitcoin Price Crosses $1000 Threshold Again: Leading Exchange Exec Arrested
Bitcoin prices rose above the $1,000 (€731, £606)-mark once again Monday, peaking at $1,038 on Tokyo-based MT Gox bitcoin exchange. This essentially countered the negative effects of a sell-off in emerging markets.
New Bitcoin Sportsbook CoinBet Debuts in Times Square: Hot or Dangerous Trend in 2014
A new bitcoin-only sportsbook made its debut smack in the middle of Times Square this past week, advertising on the Reuters interactive billboard.
Coinbet.cc is one of the newest online gambling sites to enter the lucrative bitcoin Web gaming market. This appears as if it will become a pretty significant trend as we move forward into 2014.
But it could prove to be a dangerous one as well.
Cubeia Online Poker Network Latest to Incorporate Bitcoin
The latest online gambling company to begin accepting bitcoin transactions is Swedish-based Cubeia, an Internet poker network. They follow in the footsteps of Americas Cardroom, which announced two weeks ago they too have begun offering the anonymous digital currency as a payment alternative.
Bitcoin Now Accepted at Two Vegas Casinos: The D Las Vegas and Golden Gate
The D Las Vegas and Golden Gate Hotel & Casino become the first properties in Sin City to begin accepting the alternative digital currency bitcoin.
Both establishments will start offering bitcoin transactions on Wednesday (January 22, 2014) for reservations, dining and gift purchases. Bitcoin will not immediately be offered in the casino itself for gambling purposes at either hotel.
The Golden Gate was recently upgraded. It is the oldest hotel in Las Vegas, having opened in 1906. The D Las Vegas is a much newer property.
Nordic Venture Capitalist Creates Biggest Bitcoin Exchange Database
A Nordic venture capitalists Creandum says it has build the world’s largest database of businesses dealing in the anonymous digital currency bitcoin.
From the Business Recorder:
Sacramento Kings, Overstock.com Begin Accepting Bitcoin
Americas Cardroom, the Sacramento Kings NBA franchise and Overstock.com all have begun to accept the anonymous digital currency bitcoin.
Ukrainian Network Nearly Took Control of Bitcoin Last Week
As Bitcoin, the alternative anonymous digital currency, becomes more widely accepted within the online gambling community (Americas Cardroom became the first major poker network to implement the option last week), operators remain skeptical….and perhaps with good reason.
Gambling911.com World Exclusive: Americas Cardroom Now has Bitcoin Option
As first reported by Gambling911.com Monday, the biggest online poker room to date will begin offering bitcoin deposit and withdrawal options. Depositing via bitcoin will be available as of today (January 8, 2014). Withdrawal availability will follow shortly.
Biggest Online Poker Room Yet to Begin Offering Bitcoin – G911 Exclusive
Gambling911.com has confirmed that one of the world’s largest online poker networks is set to begin offering the anonymous online currency bitcoin as early as this week.
This room will also convert bitcoins to cash on their end to minimize the risk factor for players, we have been advised. Until now, players have been relegated to online poker rooms that were either new to the seen or only offered bitcoin exclusively as a deposit or withdrawal method.
Zynga Incorporates Digital Currency Bitcoin: Tops $1000
In recent days, social gaming company Zynga announced the adaptation of anonymous digital currency Bitcoin for some of its social games.
Robocoin Bitcoin ATM Arrives in Hong Kong, Taiwan: 50 Machines Sold
Robocoin, the first ever shipping ATM, has arrived in Hong Kong and Taiwan, thus helping to make the alternative payment solution even more mainstream.
Doggone Shame: Millions of Bitcoin Alternative Dogecoin Stolen in Christmas Hack
The founders of Dogewallet, a storage system for the Bitcoin alternative Dogecoin, have confirmed a hack that may have cost owners of the currency over $12,000. Reports of the hack first began gathering pace at the Dogecoin forum, where users reported their funds were being sent to a wallet without their authorization. In separate posts on Reddit’s Dogecoin page and the dogewallet.com front page, the founders explained the issue.
