Satoshi Nakamoto
Satoshi Nakamoto stands at the end of his sunbaked driveway looking timorous. And annoyed. He’s wearing a rumpled T-shirt, old blue jeans and white gym socks, without shoes, like he has left the house in a hurry. His hair is unkempt, and he has the thousand-mile stare of someone who has gone weeks without sleep. Continue Reading →
Bitcoin
All continues to not be well in the world of Bitcoin and related cryptocurrencies. Another exchange has been hacked, with the perpetrators making off with 76.69 bitcoins (a little under $50,000 at current trading rates). On Tuesday, the owner of the Poloniex exchange admitted on the Bitcoin Talk forum that around “12.3 percent of the Continue Reading →
Bitcoin
Another Bitcoin site disappears. This time Flexcoin — which called itself a bitcoin bank — has announced that it’s going out of business after a huge theft that has wiped it clean. This is the announcement. There’s no sugarcoating it. Somehow all the bitcoins were just taken: “On March 2nd 2014 Flexcoin was attacked and Continue Reading →
Mt. Gox
Troubled Bitcoin exchange Mt. Gox, once the largest of its kind, filed for bankruptcy protection last week. on Monday, the exchange released a statement that confirms approximately 750,000 Bitcoins deposited by users and about 100,000 Bitcoins belong to Mt. Gox had disappeared in February. This acknowledgment comes after a document claimed to be leaked out Continue Reading →
Bitcoins
Here are 10 reasons why a US dollar is worth the paper it’s printed on: USS Nimitz (CVN-68) USS Dwight D. Eisenhower (CVN-69) USS Carl Vinson (CVN-70) USS Theodore Roosevelt (CVN-71) USS Abraham Lincoln (CVN-72) USS George Washington (CVN-73) USS John C. Stennis (CVN-74) USS Harry S. Truman (CVN-75) USS Ronald Reagan (CVN-76) USS George Continue Reading →