BitGo, a well-known Bitcoin wallet service, was hit with a massive DDoS attack recently that left users unable to access their cash and challenged commonly held notions about Bitcoin security. The attack took place on Saturday and lasted somewhere between four and five hours. During the attack, end-users were unable to access their funds. Published…
Isle of Man’s Gambling Supervision Commission (GSC) is considering a number of changes to the regulations that govern online gambling operators. Chief among the proposed changes is a proposal allowing operators to accept Bitcoin deposits from their players. The proposed upgrades to the GSC's regulations were released late last month in the form of a…
The true identity of Satoshi Nakamoto, the anonymous inventor of the Bitcoin, has finally been revealed. According to a number of published reports Craig Wright, an Australian tech entrepreneur, is the real Satoshi Nakamoto and he's got the Blockchain evidence to back his claim. A number of credible sources, including the Economist, have met privately…
The true identity of Satoshi Nakamoto, the anonymous creator of Bitcoin, may finally have been uncovered. Earlier this week, both Wired and Gizmodo identified 45-year-old Australian entrepreneur Craig Steven Wright as the man behind the digital crypto-currency. Both sites point to a series of blog posts Wright made back in 2009 that refer to launching…
Roger Thomas Clark, the 54-year-old man who the Department of Justice says was one of the masterminds behind the Silk Road, is awaiting extradition to the US in a Thai jail cell. Clark, who the DOJ believes is actually Canadian, was nabbed on December 3 in an operation that was conducted by Thai police and…
Shift Card is a new Bitcoin-based debit card that's looking to bring digital currency to regulated gaming markets. On its own, the card isn't really different from a pre-paid Visa card you can currently buy at just about any convenience store on the planet. But the cash you'll be spending with it is is all…
A hacker recently cheated Bitcoin casino PrimeDice out of a cool million, there's not a damn thing the site's operators can do it about it. The PrimeDice con, which exploited a weakness in the site's random number generator, and the brouhaha that followed in the Bitcoin community, illustrate some of the challenges operators face in…
Seals with Clubs with Clubs was Nevada's first Bitcoin-only online poker room before it shut down in March due to security concerns. Now the company has earned another, more dubious, Nevada online poker first. It's the first Nevada online poker room to be charged with operating an unlicensed interactive gaming system. Earlier this week, Nevada…
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