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  • New York State Proposes Sweeping Bitcoin Regulations

    yro.slashdot.org 17 Jul '14, 11pm

    On Thursday, Benjamin M. Lawsky, the superintendent of financial services, announced proposed regulations for virtual currency companies operating in New York . The "BitLicense" plan, which includes rules on consumer protection, the prevention of money laundering and cybersecurity, is...

  • California Legalizes

    yro.slashdot.org 30 Jun '14, 5am

    "California governor Jerry Brown has signed a law repealing Section 107 of California's Corporations Code, which prohibited companies or individuals from issuing money other than U.S. dollars . Before the law was repealed, not only bitcoin but everything from Amazon Coin to Starbucks ...

  • US Marshals Accidentally Reveal Potential Bidders For Gov't-Seized

    yro.slashdot.org 21 Jun '14, 5am

    "When the U.S. government shut down the Silk Road marketplace, they seized its assets, including roughly $18 million in bitcoin, and despite the government's ambivalence about the cryptocurrency, they plan to auction the bitcoin off to the highest bidder, as they do with most criminal...

  • JPMorgan Files Patent Application On 'Bitcoin Killer'

    yro.slashdot.org 10 Dec '13, 9pm

    That's not how first-to-file works. If the people behind Bitcoin kept Bitcoin secret, never published anything, never used it publicly, etc. , and then (i) JP Morgan filed a patent application on it, and (ii) subsequently the people behind Bitcoin filed a patent application on it, the...

  • Thefts Surge, DDoS Hackers Take Millions

    yro.slashdot.org 01 Dec '13, 10pm

    "In November, Denmark-based Bitcoin Internet Payment System suffered a DDoS attack. Unfortunately for users of the company's free online wallets for storing bitcoins, the DDoS attack was merely a smokescreen for a digital heist that quickly drained numerous wallets, netting the attack...

  • DOJ Hasn't Actually Found Silk Road Founder's Bitcoin Yet

    yro.slashdot.org 06 Oct '13, 3am

    Techdirt has an interesting followup on the arrest and indictment of Silk Road founder Ross Ulbricht, in connection to which the FBI seized 26,000 or so Bitcoins . From the Techdirt piece: "However, in the criminal complaint against Ulbricht, it suggested that his commissions were in ...

  • Exchange BitFloor Says It Will Replace Stolen Coins

    yro.slashdot.org 27 Sep '12, 3pm

    "Bitcoin exchanges generally don't seem to recover that easily after security breaches. However, BitFloor, which was hacked and had 24,000 Bitcoins stolen in early September , is coming back online, refunding account holders whose coins were stolen and implementing new security measur...

  • Dark Wallet Will Make Bitcoin Accessible For All — Except the Feds -

    yro.slashdot.org 02 Nov '13, 2am

    "The group, called UnSystem, are self-proclaimed crypto-anarchists led by Cody Wilson—who you may remember as the creator of the controversial 3D-printed gun. After getting himself in hot water with the government for making the digital files to print an unregulated weapon freely avai...

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