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Bitcoin Legal Experts: nChain SegWit Criticisms Are Flawed - CoinDesk

Wed, 28 Jun 2017 14:00:51 GMT

An effort by stealth bitcoin startup nChain to raise awareness of supposed issues with code that would boost the capacity of the distributed payments network is coming under fire. Following its publication yesterday, legal experts raised concerns about ...and more »

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Bitcoin Accepted: This 80-Yr Old Thai Noodle Shop is Promoting Bitcoin - CryptoCoinsNews

Wed, 28 Jun 2017 12:56:15 GMT

'Even though the legendary noodle shop was created over 80 years ago, it doesn't mean we're running with new technologies. Because, today, you can pay your bills with bitcoin with blockchain technology,” read an announcement on the restaurant's blog ...

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Bitcoin, ransomware fraudster Anthony Murgio of Tampa sentenced to prison - Tampabay.com (blog)

Wed, 28 Jun 2017 12:37:29 GMT

Anthony Murgio of Tampa, 33, was sentenced Tuesday to 5 1/2 years in prison for running a Bitcoin exchange suspected of laundering money for a group of hackers who targeted publishing and financial firms as part of a complex securities fraud. [AP photo].and more »

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New York Preschools Accept Bitcoin and Ether for Tuition Payments - CoinDesk

Wed, 28 Jun 2017 12:30:49 GMT

Montessori Schools, based in the Flatiron and SoHo neighborhoods of Manhattan, began accepting bitcoin, ether and litecoin in June. Payments are accepted by way of an integration with digital currency startup Coinbase, which automatically converts the ...

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Crypto Massacre: Why Ethereum, Bitcoin & Top 30 Currencies Declined in Value - CoinTelegraph

Wed, 28 Jun 2017 11:56:01 GMT

Thus, when Bitcoin price fell from around $2,700 to $2,370, the cryptocurrency market underwent a major correction, with Ethereum falling from around $30 bln to $22 bln in market cap. When evaluating the short-term fall of Bitcoin price, it is ...and more »

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Ransomware becomes go-to hack as Bitcoin rallies, NSA tools leak - The Star Online

Wed, 28 Jun 2017 11:51:27 GMT

A laptop displaying a message after being infected by a ransomware as part of a worldwide cyberattack on June 27, 2017. The new infections, which appeared concentrated in Ukraine before spreading globally, are a sign that ransomware is becoming a ...

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Burger King to Accept Bitcoin in Russia This Summer - CoinTelegraph

Wed, 28 Jun 2017 11:38:35 GMT

Russian Burger King restaurants are due to start accepting Bitcoin as a payment method this summer, reports state on Wednesday. According to local news resources, a Moscow branch of the burger chain has started piloting Bitcoin payments, with officials ...and more »

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Volatile and interesting months ahead for bitcoin: Charles Hayter on Bitmain's hard fork - Moneycontrol.com

Wed, 28 Jun 2017 11:29:29 GMT

Speaking to Moneycontrol Charles Hayter, co-founder and CEO of cryptocurrency data platform CryptoCompare sheds light on the what Bitmain's proposed hard fork is and what it means for bitcoin, as a technology and on its price. Q. What is the user ...

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Hackers have made just 3.7 bitcoin – or less than $10000 – with the latest cyberattack - CNBC

Wed, 28 Jun 2017 11:06:00 GMT

Those behind the recent cyberattack affecting businesses around Europe have successful received a total of nearly 4 bitcoins, worth around $9621 at today's price. On Tuesday, reports emerged of a ransomware virus affecting businesses and governments ...and more »

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Powell: Buying bitcoin to fund retirement? Make sure it fits plans - USA TODAY

Wed, 28 Jun 2017 11:00:27 GMT

Average investors are often accused of buying high and selling low. And that may very well be the case for investors who are jumping on the bitcoin bandwagon. Bitcoin, a digital currency, has doubled and then some since the start of 2017 (it's risen ...and more »

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Carrick's newsletter: Bitcoin is smoking hot – should you invest? - The Globe and Mail

Wed, 28 Jun 2017 10:45:33 GMT

Bitcoin is a digital currency that has been around since 2009. Transactions involving Bitcoin are made with no bank middleman, and you don't have to use your name. But the really intriguing thing about Bitcoin is the investingaspect. Prices were in the ...

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Bitcoin: The Power and Peril of Cryptocurrency - WhoWhatWhy / RealNewsProject (blog)

Wed, 28 Jun 2017 10:33:51 GMT

Wells Fargo recently warned its investors about a possible downturn in the value of bitcoin after the digital currency's value soared to a record-breaking $3,000 in early June. The world's second-largest bank typically abstains from such speculations ...and more »

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Bitcoin Price Watch; Here's What We're Looking At This Morning - newsBTC

Wed, 28 Jun 2017 10:26:00 GMT

For the session today, we are going to jump straight into our analysis because the bitcoin price seems to be moving pretty fast and we don't want to miss out on an entry opportunity ahead of the morning start in Europe. With this in mind, and as an ...and more »

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Ethereum soars 40% as Bitcoin, other cryptocurrencies recover - Investing.com

Wed, 28 Jun 2017 09:41:12 GMT

However, it remains up over 2,000% so far for the year. Meanwhile, Bitcoin also logged strong gains, with prices rising 6.2%, or roughly $146.00, to $2,506.90. Ethereum and Bitcoin have moved in tandem recently, as both cryptocurrencies printed fresh ...and more »

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Coin.mx Operator to Serve 5.5 Years for $10 Million Bitcoin Scam - Finance Magnates

Wed, 28 Jun 2017 09:18:49 GMT

Coin.mx was a Bitcoin exchange located in Florida that was alleged by federal prosecutors to have been transferring laundered funds. Murgio pled guilty to his involvement in the illegal online activity in January 2017, and the government pushed for a ...and more »

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'Someday, I Would Love to Pay My Income Taxes Using Bitcoins' - The Quint (blog)

Wed, 28 Jun 2017 08:24:28 GMT

It was circa 2011 when I came across Bitcoin cryptocurrency – our favourite internet gold on the world's most popular Black Hat internet marketer's forum, 'BlackHatWorld.' It generated a lot of buzz and got my attention. But it was a radical new ...and more »

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How and where to buy bitcoins in the UK - MoneyWeek

Wed, 28 Jun 2017 07:58:00 GMT

First, there are various spreadbetting companies by which you can place bets on bitcoin. IG is one example. IG is a company about which I have, let's say, mixed feelings, but it does give you immediate, easy access to a range of markets. The costs can ...

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Victims of the global cyberattack have paid $9000 so far but can't get their files back - Business Insider UK

Wed, 28 Jun 2017 07:43:40 GMT

Victims posted screenshots of messages showing up on their computer screens, instructing them to send $300 worth of Bitcoin to a Bitcoin wallet address. They were also told to send their own Bitcoin wallet ID and "personal installation key", a unique ...and more »

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AV Club's John Teti, We learn what BitCoin is with Craig Bolanos, Representative Martwick, Representative Anderson ... - WGN Radio

Wed, 28 Jun 2017 07:43:25 GMT

AV Club's John Teti rides side car tonight as we tackle a slew of topics from governmental policies to Bitcoin. Craig Bolanos (Founding Partner and Chief Executive Officer of Wealth Management Group, LLC) jumps on air to provide an explanation of the ...

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Banks should start investing in Bitcoin and other fintech: IMF - BusinessTech

Wed, 28 Jun 2017 07:07:30 GMT

The International Monetary Fund (IMF) has published a discussion document indicating that banks around the world should begin to seriously consider investing in cryptocurrencies and other fintech opportunities, as a means of adapting to new consumer ...and more »

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Bitcoin bull unfazed by cyberattacks - Philly.com

Wed, 28 Jun 2017 07:01:00 GMT

To get there, though, companies need to develop sound business principles to satisfy regulators and lend legitimacy to the budding industry, one of Wall Street's biggest bitcoin bulls said Tuesday at the CB Insights Future of Fintech conference in New ...and more »

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A Y2K moment for Bitcoins as the cryptocurrency may be headed for a split - FactorDaily

Wed, 28 Jun 2017 06:31:02 GMT

On Tuesday, finance minister Arun Jaitley chaired a meeting with multiple participants from the government on Bitcoins. It was not immediately clear what the agenda was, with a news report only saying that no decisions were taken. But the fact that the ...

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Bitcoin exchange operator tied to hacks gets five-and-a-half years US prison - Himalayan Times

Wed, 28 Jun 2017 04:41:00 GMT

Cyber criminals often demand ransom paid in bitcoin. The alleged schemes also involved the takeover of a since-liquidated New Jersey credit union to shield their activity. “Mr. Murgio led an effort based on ambition and greed,” and constructed on a ...and more »

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Ransomware the go-to hack for cybercriminals amid bitcoin rally, glut of stolen data - The Japan Times

Wed, 28 Jun 2017 04:00:23 GMT

WASHINGTON – A recent outbreak of ransomware attacks, from the WannaCry worm in May to Tuesday's infection of thousands of computer systems around the globe, shows that digital stickups are becoming the go-to hack for cybercriminals, fueled by ...and more »

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Bitcoin Price Technical Analysis for 06/28/2017 – Short-Term Bearish Pullback - newsBTC

Wed, 28 Jun 2017 03:38:45 GMT

Bitcoin price is trending lower and moving inside a short-term descending channel. Price is also forming a head and shoulders pattern on its longer-term time frames. These are indications that bitcoin price could be poised for more declines from here ...and more »

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Arun Jaitley holds meeting on bitcoins - Free Press Journal

Wed, 28 Jun 2017 03:28:34 GMT

New Delhi : Finance Minister Arun Jaitley on Tuesday held an inter-ministerial meeting to examine risks related to virtual currencies (VCs) like bitcoins. Although several issues concerning bitcoins were discussed, no decision was taken, sources said.and more »

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Government discusses Bitcoin: Will it play the spoilsport? - Business Today

Wed, 28 Jun 2017 03:14:08 GMT

Finance minister Arun Jaitley held an inter-ministerial meeting on Tuesday to weigh risks related to virtual currencies (VCs) like bitcoins. Although several issues concerning bitcoins were discussed, no decision was taken, sources said. The meeting ...and more »

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Bitcoin inches higher while Ethereum pares losses from prior session - Nasdaq

Wed, 28 Jun 2017 02:49:36 GMT

Investing.com - Bitcoin and ethereum rose on Tuesday, as traders piled back into cryptocurrencies, after a slump in the prior session. On the U.S.-based GDAX exchange, BTC/USD rose to $2,445, up $63.5 or 2.80%. Other big exchanges such as Poloniex, ...and more »

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Bitcoin startup Unocoin's website goes offline amidst vulnerabilities - ETtech.com

Wed, 28 Jun 2017 02:43:19 GMT

Bitcoin startup Unocoin's website goes offline amidst vulnerabilities Bitcoin and blockchain startup Unocoin has taken its website offline after identifying vulnerabilities in its architecture. While the website is functional, users are not allowed to ...and more »

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Petya cyber attack: Cadbury chocolate factory in Tasmania hit by ransomware - ABC Online

Wed, 28 Jun 2017 01:06:01 GMT

A photo supplied to the ABC shows a message on computer screens at the Cadbury factory instructing a ransom is to be paid in bitcoin currency. "If you see this text then your files are no longer accessible, because they have been encrypted," the ...and more »

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Wallingford man pleads guilty to bitcoin phishing scheme - WTNH Connecticut News (press release)

Wed, 28 Jun 2017 00:10:55 GMT

(WTNH) — Deirdre M. Daly, United States Attorney for the District of Connecticut, announced on Tuesday that a Wallingford man pled guilty in Hartford federal court to fraud and money laundering offenses in connection with a scheme to steal bitcoins in ...and more »

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FEDS: Wallingford man admits to stealing bitcoins in dark web phishing scheme - FOX 61

Tue, 27 Jun 2017 23:53:00 GMT

“According to the court documents and statements made in court, Richo engaged in an online phishing scheme to steal bitcoins from individuals on the dark web. Bitcoins are a form of electronic currency, and online marketplaces on the dark web typically ...and more »

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Betting big on bitcoin - Bangkok Post

Tue, 27 Jun 2017 23:31:54 GMT

But the restaurant has received the most attention because of a post on its blog that it will start accepting bitcoin, a cryptocurrency used around the world, for payment at the branch. It claims to be the first noodle shop in Thailand to accept bitcoin.and more »

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SEC is Still Eyeing to Regulate the ICO Market - CoinTelegraph

Tue, 27 Jun 2017 22:52:03 GMT

"“[T]he Federal Reserve simply does not have authority to supervise or regulate bitcoin in any way. . . . [T]o the best of my knowledge, there is no intersection at all in any way between Bitcoin and banks that the Federal Reserve has the ability to ...and more »

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Wallingford man admits to stealing Bitcoins in dark web phishing scheme - New Haven Register

Tue, 27 Jun 2017 22:44:43 GMT

HARTFORD >> A Wallingford man waved indictment and pleaded guilty Tuesday in federal court to fraud and money laundering offenses in connection with a scheme to steal bitcoins in an online phishing scheme, Connecticut U.S. Attorney Deirdre M. Daly ...and more »

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Ransomware Becomes Go-To Hack as Bitcoin Rallies, NSA Tools Leak - Bloomberg

Tue, 27 Jun 2017 22:18:32 GMT

A recent outbreak of ransomware attacks, from the WannaCry worm in May to Tuesday's infection of thousands of computer systems around the globe, shows that digital stickups are becoming the go-to hack for cybercriminals, fueled by powerful leaked U.S. ...and more »

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Florida bitcoin processing boss gets 5 1/2 years in prison - Nanaimo News NOW (press release)

Tue, 27 Jun 2017 21:15:02 GMT

NEW YORK — A Florida man was sentenced to 5 1/2 years in prison by a judge who said he used a "pyramid of lies" to boost a business that helped criminals process millions of dollars in illegal bitcoin transactions. Anthony Murgio, of Tampa, pleaded ...and more »

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Florida bitcoin processing boss gets 5 1/2 years in prison - rdnewsnow.com

Tue, 27 Jun 2017 21:15:01 GMT

NEW YORK — A Florida man was sentenced to 5 1/2 years in prison by a judge who said he used a "pyramid of lies" to boost a business that helped criminals process millions of dollars in illegal bitcoin transactions. Anthony Murgio, of Tampa, pleaded ...and more »

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Florida bitcoin processing boss gets 5 1/2 years in prison - 660 News

Tue, 27 Jun 2017 21:10:59 GMT

NEW YORK, N.Y. – A Florida man was sentenced to 5 1/2 years in prison by a judge who said he used a “pyramid of lies” to boost a business that helped criminals process millions of dollars in illegal bitcoin transactions. Anthony Murgio, of Tampa ...and more »

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Florida bitcoin processing boss gets 5 1/2 years in prison - News1130

Tue, 27 Jun 2017 21:09:04 GMT

NEW YORK, N.Y. – A Florida man was sentenced to 5 1/2 years in prison by a judge who said he used a “pyramid of lies” to boost a business that helped criminals process millions of dollars in illegal bitcoin transactions. Anthony Murgio, of Tampa ...and more »

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Florida bitcoin processing boss gets 5 1/2 years in prison - 570 News

Tue, 27 Jun 2017 21:03:18 GMT

NEW YORK, N.Y. – A Florida man was sentenced to 5 1/2 years in prison by a judge who said he used a “pyramid of lies” to boost a business that helped criminals process millions of dollars in illegal bitcoin transactions. Anthony Murgio, of Tampa ...and more »

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Florida bitcoin processing boss gets 5 1/2 years in prison - WRAL.com

Tue, 27 Jun 2017 21:00:52 GMT

NEW YORK — A Florida man was sentenced to 5 1/2 years in prison by a judge who said he used a "pyramid of lies" to boost a business that helped criminals process millions of dollars in illegal bitcoin transactions. Anthony Murgio, of Tampa, pleaded ...and more »

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See you in 2023 – Bitcoin exchange Coin.mx bigwig gets 66 months in the slammer - The Register

Tue, 27 Jun 2017 20:57:07 GMT

A kingpin of the ill-fated Coin.mx Bitcoin exchange was today handed a 66-month prison sentence for conspiracy, fraud, and money laundering. Anthony Murgio, 33, of Florida, US, will spend up to the next five and a half years behind bars for his role at ...and more »

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Florida bitcoin processing boss gets 5 1/2 years in prison - News On 6

Tue, 27 Jun 2017 20:49:28 GMT

NEW YORK (AP) - A Florida man was sentenced to 5 1/2 years in prison by a judge who said he used a "pyramid of lies" to boost a business that helped criminals process millions of dollars in illegal bitcoin transactions. Anthony Murgio, of Tampa ...and more »

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Florida bitcoin processing boss gets 5 1/2 years in prison - Times Colonist

Tue, 27 Jun 2017 20:49:00 GMT

NEW YORK — A Florida man was sentenced to 5 1/2 years in prison by a judge who said he used a "pyramid of lies" to boost a business that helped criminals process millions of dollars in illegal bitcoin transactions. Anthony Murgio, of Tampa, pleaded ...and more »

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Florida bitcoin processing boss gets 5 1/2 years in prison - SFGate

Tue, 27 Jun 2017 20:42:43 GMT

NEW YORK (AP) — A Florida man was sentenced to 5 1/2 years in prison by a judge who said he used a "pyramid of lies" to boost a business that helped criminals process millions of dollars in illegal bitcoin transactions. Anthony Murgio, of Tampa ...and more »

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