27 Feb '17, 6pm

The Bitcoin Is Victim of a Ponzi Scheme While Regulators Sleep

U.S. government agents have arrested Charlie Shrem, the CEO of Bitcoin exchange BitInstant, charging him with laundering money for customers of online drug bazaar Silk Road. It started as a nice technology story. Through subtle algorithms, a complex system was based on the basis of a genius IT paper, written by Satoshi Nakamoto. Some geeks built up a sophisticated version of the good old barter system. History and the world have given us examples of such peer-to-peer systems. Who remembers that cigarettes were the currency in WWII prisoner camps? All form of barters developed over the years. However, it is changing nature fast and carries huge risks. In a recent article on DealB%k of the New York Times , Mark T. Williams, a Boston University teacher and former commodity trader and Federal reserve examiner lists not less than five risks: Reputational, Trojan Horse, Asset Bu...

Full article: http://www.huffingtonpost.com/georges-ugeux/the-bitcoin-i...

Tweets

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Singapore to overhaul its digital identity scheme

Singapore to overhaul its digital identity scheme

govinsider.asia 27 Feb '17, 5am

The Singapore Government wants to build a new digital identity for its citizens, Prime Minister Lee Hsien Loong has said. ...

$2.8m scheme launched to help law firms adopt t...

straitstimes.com 27 Feb '17, 3am

SINGAPORE - Lawyers will soon get support from the Government to adopt technology in their law practices, under a new $2.8...

See the #MediShieldLife Scheme Act 2015

statutes.agc.gov.sg 08 Mar '17, 8am

—(1) The Council may in respect of a specified matter or class of matters, by writing, delegate any of its functions, duti...

Hender Scheme x sacai Leather Sandals

Hender Scheme x sacai Leather Sandals

highsnobiety.com 27 Feb '17, 1pm

If you’re looking to splurge on some premium sandals ahead of summer, look no further than these versatile badboys from Ja...

ICYMI: Video, feature story on good class bungalows in BT Weekend

ICYMI: Video, feature story on good class bunga...

businesstimes.com.sg 01 Mar '17, 12am

[BRUSSELS] EU antitrust regulators will decide by March 27 whether to clear world No. 1 shipping company Maersk Line's bid...

Africans Learn To Separate Onecoin, Scamcoins From Bitcoin

Africans Learn To Separate Onecoin, Scamcoins F...

cointelegraph.com 27 Feb '17, 9am

African authorities need to differentiate between Onecoin and Bitcoin , as well as other cryptocurrencies, rather than alw...

Bitcoin

Bitcoin

news.bitcoin.com 11 Mar '17, 8pm

Facebook, Twitter, the New York Times and…Localbitcoins. In China, they’re all inaccessible behind the ‘great firewall’, w...

Rental Marketplace Portion Uses Bitcoin and Smart Assets

Rental Marketplace Portion Uses Bitcoin and Sma...

news.bitcoin.com 26 Feb '17, 2pm

Renting out unused goods, everything from an old toy to a new moving truck, can be tricky on a website such as Craigslist ...

Bitcoin buyer

Bitcoin buyer

bbc.co.uk 03 Mar '17, 4pm

Drew Llewellyn bought his first Bitcoin in 2011. Over the years, he has paid up to £899 ($1,100) and as little as £14.70 (...