Bill

27 Flips | 2 Magazines | 1 Like | @bvalenti | Keep up with Bill on Flipboard, a place to see the stories, photos, and updates that matter to you. Flipboard creates a personalized magazine full of everything, from world news to life’s great moments. Download Flipboard for free and search for “Bill”

Russian passenger plane crashes near Moscow; 71 dead

MOSCOW (Reuters) - A Russian passenger plane crashed near Moscow soon after take-off on Sunday, killing all 71 people on board, and investigators said they were looking at all possible causes.<p>Temperatures were around minus 5 degrees Celsius with periodic snowfall when the short-haul AN-148 operated …

Airplanes

A Bitcoin Transaction Has Been Made From North Korea

It’s said that Bitcoin crosses all borders, and nowhere could this point be better proved than in the all-reclusive North Korea.<p>A tourist who went to visit North Korea to watch the Dennis Rodman basketball game used the country’s Internet service to send $100 worth of Bitcoins to Sean’s Outpost, a …

Bitcoin crosses $1,000 on Zynga move

<b>The value of Bitcoin has topped $1,000 (£610) again after social gaming firm Zynga said it would start accepting the virtual currency as a payment option.</b><p>Zynga is perhaps the most significant video games firm to accept bitcoins to date.<p>The virtual currency has been gaining in popularity but its …

Dogecoin Hacker Makes Off With $13,000

Dogecoin, a virtual currency that was created for fun and actually gained some traction, has suffered its first hacking incident after online wallet service Dogewallet saw an estimated 21 million Dogecoins belonging to its users snatched by a hacker.<p>Dogecoin isn’t as valuable as Bitcoin, but the …

BTC China CEO Attempts To Calm The Bitcoin Market After RMB Deposit Shutdown

In a letter posted on the Chinese bitcoin trading site BTC China CEO Bobby Lee attempted to calm the markets by posting a long, detailed description of the way forward for the company. “As China’s first Bitcoin and Bitcoin trading platform company, we have more than two and half years of operating …

NYT: How a programmer paid $6M in Bitcoin for two pizzas and other tales from the digital currency mines

Bitcoin, the digital currency that has drawn the infatuation of investors and techies around the globe, has gone mainstream in a big way. Today, the New York Times has two stories on Bitcoin, including one about a programmer named Laszlo Hanyecz who paid 10,000 Bitcoins for two pizzas from Papa …

South America Can Now Crowdfund With Bitcoins

While the rest of us are messing around with our PayPals and Amazon Payments, some folks in Argentina have created the first crowdfunding platform in America to take Bitcoin.<p>The platform, called Idea.me focuses primarily on artistic, musical, and retail projects although, as evidenced by the …

Bitcoin's value tumbles in half after China forces top exchange to stop trading

China's largest Bitcoin exchange, BTC China, has stopped taking orders in Chinese currency because of regulatory pressure from the government, which has ordered businesses to stop accepting the virtual currency.<p>Bitcoin, which approximates cash on the internet, was driven to an all-time high of more …

Most Americans don’t know what bitcoin is, and that’s good news for speculators

Bloomberg surveyed a bunch of Americans and discovered that only 42% could correctly identify what bitcoin is. A small minority (12%) thought bitcoin was either an Xbox game or an iPhone app. (Scroll to the bottom of this Bloomberg page for an unintentionally hilarious pie chart depicting the …

Boston University

Miners spend $17 million a day for a shot at $4.4 million of bitcoin

The price of a single bitcoin, now sitting at $899, is derived from many mysterious sources: supply and demand, potential future business value, animal spirits. One factor is less widely understood: The price of bitcoin depends on the price of electricity.<p>Bitcoin are produced by “mining,” having …

Bitcoin

Coinbase Raises Largest Bitcoin Funding Round to Date

Bitcoin’s price may be rising and falling day-by-day, but the virtual currency remains a hot topic for the tech industry and investors. Reflecting optimism in the space, Coinbase — a popular Bitcoin wallet service — has closed its $25 million Series B round led by Andreessen Horowitz.<p>The company …

Bitcoin’s Computing Crisis

There are many benchmarks you can use to measure the growth of Bitcoin. All of them—the price listed by online exchanges, the number of new merchants …

MtGox.com

2018年3月7日、第10回債権者集会が開催されました。<br>第11回債権者集会は2018年9月26日午後1時30分より東京地方裁判所債権者等集会場1(家簡地裁合同庁舎5階)において開催されます。<br>On March 7, 2018, the tenth creditor’s meeting was …

Judiciary

Mt. Gox Makes Bitcoin More Accessible in LATAM

Mt. Gox is no longer the world’s largest Bitcoin exchange, but it remains hugely influential and it has now teamed up with payments company Astropay to make buy and selling Bitcoins in Latin America easier.<p>The partnership means that Bitcoin fans in Argentina, Brazil, Chile, Colombia, Mexico, Peru, …

Some vendors in China stop taking bitcoin as payment

Some vendors in China, the largest marketplace for bitcoin, have stopped accepting the unregulated digital currency after the government there warned against its use, state media reported.<p>Baidu, an online search engine and Web services company, said it has temporarily stopped using bitcoin for …

Cryptocurrency

How Does Apple Really Feel About Bitcoin?

Over the past couple of months, there have been a few Bitcoin app rejections by Apple that have made some waves. First, the venture-backed startup Coinbase had its app removed entirely from the App Store. Today, a blog post from peer-to-peer messaging and payments app Gliph highlights its own …

Fred Wilson On Bitcoin, Unbundling, Data Leakage And Health Care

During the 10th edition of the LeWeb conference in Paris today, New York-based investor Fred Wilson explained the “mega trends” that currently influence which companies he invests in.<p>Wilson stressed that he doesn’t so much look at technologies but at the trends that are influencing society in …

Open source P2P money

Bitcoin uses peer-to-peer technology to operate with no central authority or banks; managing transactions and the issuing of bitcoins is carried out …

Bitcoin Changes Hands In South Korea

Bitcoin will get you bread in South Korea, thanks to a bakery in Incheon that took the landmark step of allowing customers to pay with the world’s most common virtual currency.<p>Lee Jong-soo, who runs Paris Baguette, a franchise bakery, said the first transaction involving the virtual money happened …

Korean Regulators Reject Bitcoin as a Legitimate Currency

Korea has become the latest country in Asia to reject Bitcoin and other virtual currencies as legitimate forms of currency, the Korea Herald reports.<p>Following in the footsteps of warnings from banks in China last week and Thailand in July, Korean financial authorities announced today that the …

Virgin Galactic Will Accept Bitcoins For A Trip To Space

<i>Richard Branson announced today that his commercial space company, Virgin Galactic, will accept Bitcoin in exchange for a ride into space.</i><p>The adoption of Bitcoin as a means of currency has now entered the final frontier: in a blog post today, Richard Branson announced that his commercial space …

How Thieves Stole $1 Million In Bitcoins From A 'Bitcoin Bank'

The crooks walked away with 1,295 bitcoins, BIPs founder and CEO Kris Henriksen, told his customers via a post to the company's online forums. That's about $990,00 based on today's value of Bitcoins on Coindesk (about $760 per coin).<p>BIPs offered a service that lets merchants accept bitcoins and …

Bitcoin

As bitcoin booms, so does bitcoin bank robbery

Robbing a bank is such a hassle in the real world, with all the complicated logistics of weapons, vaults, dye packs, and getaway cars. It’s a lot more straightforward to rob digital currency exchanges and payment processors. To paraphrase bank robber Willie Sutton, that’s where the bitcoins are.<p>The …

Bitcoin