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David Gilson
Latest from David Gilson
Bitcoins seized by Drug Enforcement Agency
The US Drug Enforcement Administration has posted a notice stating that it seized bitcoins from an individual for purchasing a controlled substance.
Thomson Reuters publishes white paper on digital currencies and money laundering
The Financial Action Task Force estimates money laundering at between two and five percent of global GDP, i.e. $1.38 trillion to $3.45 trillion.
Bitspend ceases trading due to frozen accounts
Bitspend has been forced to stop operations after its bank accounts were frozen for being "too high risk".
Bitcoin blockchain grows to 8GB
The blockchain, the ledger of all bitcoin transactions, has now reached a portly 8GB in size.
Mt. Gox temporarily suspends USD withdrawals
Mt. Gox, which handles 69% of all bitcoin transactions, has suspended US dollar withdrawals for two weeks in order to make technical improvements.
Binary option brokers bet on bitcoin
Two binary options brokers have begun offering trades in bitcoin: SetOption and TradeRush.
First of Butterfly Lab's BitForce 500 GH/s mining rigs seen in operation
The first of Butterfly Lab's BitForce 500 GH/s has been seen in operation.
What are Namecoins and .bit domains?
Namecoin is the basis for a decentralised domain name system (DNS) which could put a stop to Internet censorship.
Avalon accused of mining with customer ASICs
Avalon, a maker of bitcoin ASICs, has been accused, on the Bitcoin Forum, of mining with its products to mine BTC before shipping to customers
