Government Lists Bitcoin as Potential Terrorism Threat

By Ugene CheungNews

The United States government just can’t quite decide whether to regulate bitcoin, or deem it a threat by declaring it a form of financial terrorism. The digital currency regulated only by mathematics is now being seen by government officials as an emerging threat, possibly to national security. According to IB Times, a counterterrorism program being…

May 10, 2014

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Mycelium: The Definitive Android Wallet

By Ugene CheungNews

One of the most important strategies for the best Bitcoin adoption is smartphone wallets that give people and business the possibility of making a transaction anywhere. You can choose between different android bitcoin wallets such as Coinbase (50-100k users) or Blockchain.info (50-100k users) which store your private keys. Or choose Bitcoin Wallet (100-500k users) or…

May 10, 2014

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Bobby Lee and Brock Pierce replace Shrem and Karpeles at the Bitcoin Foundation: choice causes controversy

By Ugene CheungNews

Brock Pierce and Bobby Lee Bobby Lee and Brock Pierce are the two names chosen to join the Bitcoin Foundation’s board of directors. The popular CEO of the exchange BTC China and the venture capitalist were recently elected, but the decision is already begetting a wave of controversy. The election initially included three candidates. Besides Lee…

May 10, 2014

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Japanese Shinsei Bank refuses Bitcoin-related money transfers

By Ugene CheungNews

Bad news for the Bitcoin community directly from Japan. A local financial institution, the Shinsei Bank Ltd., is currently blocking every international money transfer request that could be connected to Bitcoin. The bank has apparently been trying to distance itself from transactions made by customers that buy and sell Bitcoins. According to a spokeswoman from the bank,…

May 10, 2014

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Announcement of the Miner’s Manifesto

By Ugene CheungNews

Bitcoin miners and all cryptocurrency miners play a very important role in our community. They set up miners, incur electricity expenses, and deal with mining companies to ensure that we all have the freedom to transact securely with digital currencies. As more miners plug in their equipment, our networks are protected from double spend attacks.…

May 10, 2014

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