Search Results: Bitcoin

A Fork in the Road

As Bitcoin enters its seventh year of existence, the community that surrounds it is trying to decide how to guide and grow the currency into the future. Currently, the size of a block (which is a bitcoin data file) is 1MB and recently there have been around 100,000 to 200,000…

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Digital Currency to the Rescue: Bitcoins as Solution to Greek Capital Controls

This week Cubits.gr and BTCGreece began a partnership aimed at providing a solution to Greek capital controls. Part of that solution entails supporting voucher payments backed by bitcoin and installing one thousand Bitcoin ATMs throughout the country. Cubits, a UK Registered company founded in 2014, is a Bitcoin platform where…

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Lines Crossed: From Enforcing to Breaking the Law

Last week, former Drug Enforcement Agency (“DEA”) agent, Carl Force, pleaded guilty to charges of money laundering, obstruction of justice, and extortion while investigating Silk Road’s illicit activities.  Force’s plea follows the guilty plea of Shaun Bridges, former Secret Service agent, who also used his insider role to pilfer hundreds of…

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Overstock Issues First Cryptosecurity

In January 2014, Overstock.com became the first major online retailer to accept payment in bitcoin. Less than eighteen months later, Overstock is now the first company to offer qualified buyers the option of purchasing private cryptosecurities, in the form of bonds. The corporate bonds will trade using Bitcoin’s blockchain protocol….

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