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  • 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 ...

  • 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...

  • Federal Judge Declares Bitcoin a Currency

    yro.slashdot.org 07 Aug '13, 10pm

    "An East Texas federal judge has concluded that Bitcoin is a currency that can be regulated under American Law . The conclusion came during the trial of Trendon Shavers, who is accused of running the Bitcoin Savings and Trust (BTCST) as a Ponzi scheme . Shavers had argued that since t...

  • Why Bitcoin Boomed During the Government Shutdown

    yro.slashdot.org 18 Oct '13, 6am

    "Just two weeks after the Feds shuttered the Silk Road , the notorious online drug bazaar, Bitcoin prices have touched a five-month high — with a single Bitcoin fetching nearly $156 on Tokyo-based exchange Mt. Gox . Bitcoin's resiliency can no longer be denied, especially as the digit...

  • 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...

  • Thailand Government Declares Bitcoin Illegal

    yro.slashdot.org 30 Jul '13, 12pm

    hypnosec writes that the government of Thailand "has declared Bitcoin illegal following which all trading activities related to the electronic currently have been suspended indefinitely. Through a message posted on its website, the Bitcoin Co. Ltd. has said officials of the Foreign Ex...

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