Americans are spoiled—at least where Bitcoin’s concerned, we are. While people are free to mine, spend, and speculate on Bitcoin freely here in the States, citizens of other countries aren’t so lucky.
If you are big into virtual currency and have such vast virtual holdings that you need to be able to put the bitcoin wealth in with your real world money, … Continue reading
Bitcoin Exchange Arrests By The US
Posted in: Today's ChiliOperators of a couple of exchanges for the virtual currency Bitcoin have been arrested over in the US. According to the Department of Justice, Robert Faiella, also known as BTCKing, as well as Charlie Shrem from BitInstant.com (the website is now defunct), are now facing charges of money laundering. According to the authorities, the two of them are part of a scheme which attempted to sell over $1 million in Bitcoins to users of Silk Road, which happens to be an online drug marketplace. The site itself was already shut down last year with its alleged owner arrested to boot.
Bitcoin Exchange Arrests By The US original content from Ubergizmo.
The CEO of a prominent Bitcoin exchange has been arrested in the US over allegations that he laundered over $1m-worth of the virtual currency through the notorious Silk Road black … Continue reading
The Justice Department has formally charged the CEO of Bitcoin exchange Bitinstant.com with running an illegal wire service, and according to reports by the New York Post’s Kaja Whitehouse, he’s just been arrested at JFK. Uh oh.
Bitcoin Now Accepted at TigerDirect
Posted in: Today's ChiliTigerDirect has been teasing for a while that Bitcoin payments would be turning up. That day has come with the retailer announcing this week that it is now accepting Bitcoin as payment for any of the items it sells.
TigerDirect sells a wide variety of computer hardware, displays and gadgets among other things. The payment processor for TigerDirect is BitPay and Tiger is now the largest customer for BitPay. TigerDirect is only accepting Bitcoin online, retail stores aren’t accepting the virtual currency at this point.
TigerDirect also has a bunch of hardware that you can purchase aimed specifically at Bitcoin mining. That opens the possibility of being able to pay for items with the Bitcoins mined using hardware you bought with Bitcoin.
[via CoinDesk]
TigerDirect now accepts bitcoin
Posted in: Today's ChiliThere has been a lot of action in the Bitcoin realm recently. Two Las Vegas hotels recently announced that they were accepting payments for food and lodging using bitcoin. Major … Continue reading
If you’re one of the 700 or so people who bought tickets to fly to outer space on Richard Branson’s Virgin Galactic rockets
Bitcoin has been making waves across the world, and now the cryptocurrency craze has reached the good city of Las Vegas. Starting Wednesday, two hotels in Las Vegas, including the … Continue reading
Silk Road was a black market website that was shut down by federal authorities late last year. Back in October, we reported that the mastermind behind Silk Road had been … Continue reading