Self-Proclaimed ‘Satoshi’ Responds to Billion-Dollar Bitcoin Lawsuit

The man who claims to have invented Bitcoin, Craig Wright, is being sued in Florida for roughly $10 billion or 1.1 million BTC. Last December Florida district Judge Beth Bloom denied Wright’s motion to dismiss the billion-dollar lawsuit against him. Now Wright has responded to the complaints and most of his responses assert that he … Read more

Proposal to Increase Bitcoin’s 21 Million Supply Sparks Debate

21 is a number that holds deep symbology to bitcoiners. In addition to denoting the total number of bitcoins, in millions, that will ever be issued, it’s inspired scores of cryptocurrency business names, websites, and merchandise designs. Despite its assumed inviolability, some members of the community are opposed to Bitcoin’s rigidly set 21 million supply. … Read more

Mt. Gox Restitution Process Frozen Due to One Man’s $16B Claim

On Jan. 31, Mt. Gox victims were enraged to hear that the founder of Coinlab, Peter Vessenes, is still causing problems for the former exchange’s rehabilitation process. According to information published by public attorney Daniel Kelman, Coinlab filed a claim for ¥1.7 trillion yen (US$16 billion) which is over and above every claimant’s filing. Also … Read more

Florida Appeals Court Defines Bitcoin as Money as Espinoza Ruling Reversed

In 2016, Judge Teresa Mary Pooler of the Eleventh Judicial Circuit of Florida made headlines for a ruling she made during the Michell Espinoza trial. Judge Pooler ruled Espinoza could not be charged with illegal money transmission offenses because bitcoin was not considered legal tender. However, a motion filed with the Florida appeals court has … Read more

Former Mt Gox CEO Reflects on Incarceration in Japan While Facing More Prison Time

The infamous Mark Karpeles, former CEO of the now defunct bitcoin exchange Mt Gox, appeared in an exposé interview on Monday and publicly discussed how he tolerated Japanese jail. Karpeles explained how he’s been accused of financial misconduct in a land that has a 99 percent conviction rate and he wouldn’t wish his experience on anyone. … Read more

Judge Denies Craig Wright’s Motion to Dismiss Billion-Dollar Bitcoin Lawsuit

On Dec. 27, court documents from the case against the Nchain chief scientist, Craig Wright, explained a large portion of his recent dismissal motions were found “not warranted” and were denied. Wright is being sued for 1.1 million BTC in a legal case in Florida that alleges he manipulated David Kleiman’s family. Also Read: Many Self-Proclaimed … Read more

Bitcoins For Secured Loans – Indian Industry Still Doubtful

Secured loans in the digital lending space are witnessing a lot of innovations. But thinking of cryptocurrencies as collateral forms for these loans is still a big question, one full of regulatory and practical concerns. Also read: Japanese Corporation Begins Offering Loans Secured by Cryptocurrency Loans Secured Against Bitcoins If there is anything that has … Read more

A Censorship-Free Version of Bitcointalk? Developer Launches Bitcoincashtalk.org

Over the past few years, there’s been a big problem with cryptocurrency related forums and censorship. This week an independent and uncensored version of Bitcointalk has launched called Bitcoincashtalk.org. Also read: Critical Bug Found in Bitcoin Core Invokes the Multiple Client Argument Bitcoincashtalk.org: Another Uncensored Forum for Bitcoin Proponents to Freely Discuss and Debate This Innovative … Read more

Art Exhibition in France to Celebrate Bitcoin’s Tenth Birthday

A group of artists hailing from across the globe will congregate in France to showcase an exhibition celebrating the upcoming tenth anniversary of Bitcoin. The art will be available for purchase using several different cryptocurrencies. Also Read: 8 Surprising Findings from New York’s Virtual Markets Integrity Initiative International Artists Congregate in France to Celebrate Upcoming Tenth … Read more

How About Chocolate Bitcoins? 6 for a Dollar

Supermarket chain Walmart is selling candy bitcoins, at least according to a photo posted in crypto forums. A dollar will get you half a dozen in a bag under the “Everyday Low Price” banner. “The modern currency in chocolate!” hits store shelves in the U.S. while the retail giant files another blockchain-related patent, this time … Read more