Online marketplace CeX is something of a clearinghouse for used technology and entertainment products. If you live in the U.K. and have a used smartphone, a bunch of dust-gathering DVDs or an old DSLR camera, CeX lets you trade it in for cash. Starting this week, you can also swap out your used possessions for…
The Bitcoin Foundation and Blockchain.info are partnering to launch the Blockchain Awards to “celebrate innovation and excellence in the Bitcoin community.” The initial round of awards will go to people and projects in ten categories, with nominations being open to the public. The current list of awards are: Most Impactful Charity Most Creative Video Most…
In recent article in Denver Post-owned marijuana-industry publication The Cannabist, the first batch of soon-to-launch pot vending machines will be built to be bitcoin friendly. The machines are being marketed under the brand name ZaZZZ, and are intended as an ancillary service for use in marijuana dispensaries. The machines aren’t quite as simple to use…
Student researchers at the U.K.’s Aston University Centre for Forensic Linguistics have released a new analysis of the bitcoin whitepaper written by the seemingly pseudonymous Satoshi Nakamoto. Their conclusion? Bitcoin’s “probable creator” law and technology blogger Nick Szabo. The study compared the writing styles and language use of more than a dozen potential authors, including…
After nearly two months under bankruptcy protection, defunct bitcoin exchange Mt.Gox has officially ended all plans to rebuild. Earlier today, Mt.Gox’s attorney’s asked a Tokyo court to allow the company to begin the liquidation process. The move comes as a blow to the exchanges former customers, many of whom hoped a buyer for the company…
Only last month, bitcoin-friendly mobile gift-card app Gyft announced a major coup: Retail giant WalMart had joined their program. In a matter of seconds, users could convert their bitcoin stockpiles into real-world goods, completely sidestepping the need to convert funds to local currency. Not surprisingly, the move was hailed as a milestone in bitcoin history….
Earlier this month it was reported that BitInstant co-founder was in plea deal talks with Federal authorities following his arrest in connection the now-shuttered Silk Road marketplace. Those talks appear to have broken down, and Shrem, 24, has been formally charged with multiple money laundering crimes. Shrem’s arraignment is scheduled for April 29. If convicted,…
One of the best things about innovation is that you get to make up your own rules. In Mike Rotman’s case, creating a streaming, bitcoin-themed game show meant that he didn’t have to worry about pitching his idea to a network. Instead of running the gauntlet of TV industry gatekeepers, Rotman and his team simply…
According to the rumor posted last month by China’s Caixin financial news service, April 15 would be a day of reckoning for bitcoin exchanges across the country. Accounts would be closed, and remaining funds seized. Customers would be unable to deposit new funds to buy bitcoin, and exchanges would be unable to deposit earnings in…
As mid-size online merchants like Overstock and TigerDirect experiment with bitcoin-based payments, digital retail giant Amazon remains unimpressed. Speaking with Re/Code, Amazon payments head Tom Taylor said that the demand for bitcoin doesn’t match the hype. Obviously it gets a lot of press and we have considered it, but we’re not hearing from customers that…