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  • Winklevoss Twins Plan Regulated Bitcoin Exchange

    yro.slashdot.org 24 Jan '15, 5pm

    They of the square jaws and famous dispute with Mark Zuckerberg over the origins of Facebook, are also believed to be among the largest holders of Bitcoin in the world. Now they want to launch a regulated Bitcoin exchange —named Gemini, of course. To bolster confidence, they said they...

  • Exec To Spend Two Years Behind Bars For Silk Road Transactions

    yro.slashdot.org 21 Dec '14, 5pm

    board member and CEO of the now-defunct exchange BitInstant, has been sentenced to two years in prison for helping Silk Road users anonymously swap cash for digital currency. Silk Road, as you know, was the online marketplace infamous for hosting anonymous drug and gun sales that was ...

  • Is Not Anonymous After All

    yro.slashdot.org 26 Nov '14, 11pm

    points out a new study that shows it is possible to figure out the IP address of someone who pays for transactions anonymously online using bitcoins. "The Bitcoin system is not managed by a central authority, but relies on a peer-to-peer network on the Internet. Anyone can join the ne...

  • 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 Before the law was repealed, not only bitcoin but everything from Amazon Coin to Starbucks ...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...

  • 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...

  • 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...

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