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Rogue Silk Road Agent Admits to Stealing Bitcoins Seized by U.S. Marshals

Back in 2015 two rogue U.S. Secret Service agents, Shaun Bridges and Carl Mark Force, were caught and sentenced to prison for stealing funds while investigating the first high profile darknet market the Silk Road. Now according to reports, Shaun Bridges plead guilty on August 15 for moving 1,600 bitcoins of seized bitcoins confiscated by federal […]

BTC-e’s Haircut Plan: Half the Balances and Free ‘In-House Token’ Trades

Last week, news.Bitcoin.com reported on the cryptocurrency exchange BTC-e announcing how the organization plans to repay customers who lost funds during the trading platform’s recent dealings with the FBI. Since then the exchange has revealed new arrangements which will introduce new tokens called BTCT and offer free trading for that specific market. Also Read: Bitcoin […]

Game of Thrones Hackers Demand $7.5M in Bitcoin From HBO – or Spoiler Alert Galore

Just recently a group of hackers made off with 1.5TB of data from servers owned by the cable television network HBO. The thieves managed to leak a few unaired episodes of the network’s original shows and a Game of Thrones script from this Sunday’s new episode. According to reports, the hackers want a total of […]

Australian Primary School Students Explore Bitcoin and Cryptocurrency Technology

Students at Wooranna Park Primary School in Victoria, Australia are experiencing bitcoin and cryptocurrency technology first hand. Wooranna Park Primary’s ‘School on the Blockchain’ program involves a number of initiatives designed to immerse students in blockchain technology, and has seen the school create a unique cryptocurrency called Wooranacoin. Also Read Australian Senators Push to Make Bitcoin […]

Coinbase Raises $100M to “Help Accelerate Digital Currency Adoption”

On August 10 the San Francisco-based company Coinbase announced it has raised US$100M in a Series D funding round. The company says the large capital injection will be used to help “create an open financial system for the world.” Also read: Breadwallet’s Bitcoin Cash Tool Arrives Next Week — Full Client Coming Soon This week the […]

BTC-E to Repay 45% of Account Balances as ‘BTE Tokens’

BTC-e has announced that 45% of the exchange’s account balances have been seized by US authorities, and that customers will be repaid in ‘BTE tokens’. Also Read: After FBI Takedown: BTC-e Exchange Says They Still Possess Databases and Wallets BTC-e Will Distribute 45% of Account Holdings as BTE Tokens BTC-e has revealed that it is in […]

New Reality Docu-Series About Bitcoin to Explore Regulation

Ignition Creative have announced that they will be producing a “reality docu-series” exploring bitcoin regulation in partnership with Blockchain Entertainment. The series, titled Capital Makeover: Bitcoin Brigade, is set to feature former lobbyist, Jack Abramoff, who was recently imprisoned for fraud, tax evasion, and corruption charges. Also Read: The Evolution of Cryptocurrency Visuals, Memes, and Bitcoin […]