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Police in the Netherlands are appealing for witnesses to find a person who is planting explosives and requesting a bitcoin ransom. According to the police, the first attacks took place in May and were followed by subsequent attacks in June and July.
13 Aug 2015 12:26 pm | Yessi Bello Perez
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Genesis Mining is the latest company to announce its departure from New York, following the introduction of the state's BitLicense. In a blog post, the cloud mining firm – which claims to serve over 50,000 customers – said it had no choice but to block anyone with a New York IP address from using its services.
13 Aug 2015 11:31 am | Grace Caffyn
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A new blockchain startup has claimed its software could have tracked down Silk Road mastermind Dread Pirate Roberts in a matter of days. Sabr.io, one of 42 companies unveiled at 500 Startups' demo day, said it could have shortened official investigations of the illicit marketplace, which began in 2011, by years.
13 Aug 2015 11:05 am | Grace Caffyn
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A white-hat hacker has released a new tool designed to illustrate the ease with which illicit actors can steal bitcoins from brainwallets. Released on 7th August at DEF CON, Ryan Castellucci's brainwallet cracker is capable of guessing 130,000 bitcoin wallet passwords a second.
13 Aug 2015 09:45 am | Pete Rizzo
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A Michigan man has been indicted for allegedly using bitcoin to purchase and ship illegal gun components overseas. Benjamin James Cance, from Plainwell, is also facing charges for possession of an unregistered machine gun and money laundering.
12 Aug 2015 06:48 pm | Yessi Bello Perez
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Coinify has acquired competing Europe-based payments processor Coinzone as part of an undisclosed deal. With the move, the Denmark-based company has expanded its merchant base to roughly 10,000 actively monthly customers, up from 8,000 before the acquisition.
12 Aug 2015 05:46 pm | Pete Rizzo
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