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[Guest Blog] US Marshal Bitcoin Auctions – The Kiss of Devaluation

It's like a bad TV rerun replayed all over again. The US Marshal Service (USMS) plans to blind auction 50,000 bitcoin by email. Yes, that is FIFTY THOUSAND BTC. And it's only about a third of their seized assets in the Silk Road 1 case – they still have 94,000...
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$5.7M Loan to Inside Bitcoins Operator Forgiven

The owner and operator of the Inside Bitcoins conferences, MecklerMedia Corporation, announced this week that the company's CEO, Alan Meckler, has forgiven a loan of approximately $5.7 million to the company. The company said that it expects to use net operating losses to offset the majority of any taxable gain...
BitcoinBlog

[Guest Blog] The FinCEN Bitcoin Debacle

Following quickly on the heels of the USA New York Department of Financial Services (NYDFS) attempt to crush New York state based alternative currencies with an onerous Bitlicense, comes the all encompassing tax grab by the USA Financial Crimes Enforcement Network (FinCEN). War budgets are expensive toys. With the USA oil...
BitcoinBlog

Is CoinDesk Reporting on LakeBTC BPI Suspension Ethical?

On Friday 31 October, CoinDesk announced that China-based exchange LakeBTC has been suspended from the Bitcoin Price Index. CoinDesk noted that the reason for the suspension was "the third instance of faulty price data from LakeBTC". The suspension is for 30 days while CoinDesk reviews the data from the exchange....
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Lamassu, IdentityMind Team Up to Offer Compliance Service Bitcoin ATMs

Anti-money laundering tech firm IdentityMind Global has partnered with the largest distributor of Bitcoin ATMs Lamassu Bitcoin Ventures to integrate Bitcoin ATMs worldwide with compliance services. Lamassu has rolled out more than 200 Bitcoin ATMs worldwide, with 15 second fiat to bitcoin transactions and the ability to accept over 200...
BitcoinBlogExchanges

London’s BTC.SX Integrates with Global Exchange itBit

London-based bitcoin trading exchange BTC.sx has integrated its platform with the global bitcoin exchange itBit, which has locations in Singapore and New York. The partnership with itBit expands BTC.sx’s presence globally. “We are extremely excited about partnering with such a reliable and high quality exchange as itBit,” said Joe Lee,...
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