Jan 172015
 
Dread Pirate Roberts Supporters Thrown for a Moral Loop

The radical libertarian world was just hit with a bombshell revelation the other day. Previously, the defense team of Ross Ulbricht surprised us by admitting that Ross was the originator of Silk Road, however they claim that Ross left the position after only a few months, handing it off to another entity. This “real” Dread Pirate Roberts, the one who ran the site for the the bulk of the time, eventually went on to drag […]

Apr 022014
 
US Bitcoin Exchanges are Poised for a Breakthrough

When bitcoin first jumped on the scene a couple of years ago, exchanges tended to avoid the US due mainly to regulatory uncertainty. Even with the fall of MtGox (Japan), the biggest volume is still done outside the US by exchanges like Bitstamp (Slovenia), BTC-E (Bulgaria),  BTC China, and Bitfinex (Hong Kong). However, with regulation in the states starting to become more and more lucid, we’re beginning to see some players emerge. I’m going to […]

Feb 102014
 
MtGox Problems and Transaction Malleability

[Update below] Watching the drama surround MtGox in recent days has been like watching a slow motion train wreck. It’s put a lot of strain on the community and has been causing the Bitcoin price to tank. If you’re not up to date on this story, basically MtGox has been experiencing severe Bitcoin withdraw issues with numerous customers claiming they never received their bitcoins. Apparently upwards of $38 million worth of bitcoin withdrawals have gone […]