The victim's family leaving court Friday afternoon. Left to right: Mary Todd, the victim's mother, with her son Chet Todd, his wife Corynne, sister-in-law, and husband Rick Todd. Photo: Belmont Lay After a week of court testimony, the tragic death of Shane Todd, 31, which sparked an i...
The agency froze the Dwolla (a US-based online payments system) account of Mutum Sigillium (aka Mt. Gox) on the grounds that it had lied in an official form. When asked if his company "[accepts] funds from customers and send[s] the funds based on customers' instructions," Mt. Gox CEO ...
Shane Todd was a gifted engineer working for the Singaporean research agency Institute of Microelectronics. But in June 2012, he was found dead in his apartment. Police ruled the death a suicide, but Dr. Todd's family believed otherwise, lobbying the FBI and members of Congress into b...
Authorities in the US have reportedly frozen a mobile payments account associated with Bitcoin exchange MtGox, as part of an investigation announced Tuesday. Dwolla, an Iowa-based mobile payment startup, confirmed to Betabeat Tuesday that it has halted all activity associated with the...
Shane Todd's parents, Rick and Mary Todd, arriving at the coroner's public inquest. Photo: Belmont Lay Investigators and friends testified today that Shane Todd, the American engineer who was found hanging in his bathroom in Singapore last year , was depressed and even visited suicide...
Bitcoin, the four-year-old virtual currency that approximates cash on the internet , now powers an economy worth more than $1 billion and is widely admired for the technical sophistication that allows it to operate without a central authority. It got its own ticker on CNBC and inspire...
The e-commerce giant is offering an escalating discount, up to 10 percent for $100 spent on coins, for customers who convert US dollars in bulk into Coins. There are several reasons why launching such a new exchange medium may be to the company's advantage. But many companies have tri...
The ESEA gaming network has been exploiting its users' powerful graphics cards to mine Bitcoins without their knowledge. The mining began on April 13th and affected thousands of gamers, who unwittingly mined over $3,700 worth of the currency. ESEA, which describes itself as "the large...
