Tag: Bitcoin
The troubled Bitcoin exchange MtGox has announced that it “found” 200,000 bitcoins, which at time of writing is worth over $114 million. There has been no announcement yet that creditors are to be compensated with this discovery. Long story short: “Sorry, about losing your 800,000 bitcoins, but hey, we forgot we left a quarter of it lying around. Aren’t […]
CoinEx, a Bitcoin exchange, has been “hacked” and all coins stolen. On March 16, CoinEx went silent and all trading stopped. The official Twitter account had but a short, enigmatic tweet: “Security issue, investigating.” There was no more information for three days. Coming in the wake of the bankruptcy of MtGox, formerly the largest exchange, […]
“I created Mt. Gox as an actual landscape,” artist-render LaTurbo Avedon tells ANIMAL. “People can submit media to place it at or on the shrine.” Avedon is an artist-render who exists only in on social media, Second Life and other interactive digital platforms that she chooses to inhabit. This is her first show at the online project […]
Bitcoin, with its detachment from the dollar and lack of regulation, is catnip for libertarians and anyone else looking for distance from the federal government. The Lakota Nation, a Native American group with roots in North and South Dakota, has every reason to want just that, and recently adopted a Bitcoin alternative called MazaCoin as its “official […]
Remember how bitcoin’s largest exchange was crashing, then crashed? Finally, the Mt.Gox debacle has been visualized for the laymanliest of laymen by Taiwanese Animators! See Bitcoin’s largest exchange go offline after “technical issues.” See Mt.Gox locking down their physical office and fleeing. See the perpetrators of a two-year “virtual Italian Job” sabotage the spiffy, imaginary digital highways […]
The MtGox Bitcoin Exchange is dead. Their website is a “sorry we’re closed” message. Yesterday they deleted all their tweets. Their old office is empty and their new office is a virtual office — a PO Box with a secretary. The sudden collapse of MtGox has left MtGox investors with nothing and cost 15% for investors on other exchanges in […]
The MtGox Bitcoin Exchange is crashing and no one can withdraw. Prices, once above $1000, are now hovering just above $100, with 80% of the value gone in just 3 weeks. Some unlucky Bitlords are outside the MtGox office in Tokyo demanding their internet funny money. Suddenly MtGox announced they were moving offices. Too bad that […]
If you’re lucky enough to be a resident of Colorado, Washington, or any of the myriad states with legal medical cannabis, you may have difficulty buying your weed with a credit card. Because it’s still illegal federally, many banks and credit cards companies refuse to process purchases of the plant. At least one Washington dispensary […]
Why? Good question, my friend. I do not know why this Bitcoin soap exists, only that it does, because this is the world in which we live. Bitcoin soap, of course, is only purchasable with Bitcoin, as are Doge Soap, Anarchy Soap, and Pi Soap, all by the same San Francisco-based manufacturer. The soap is […]
A DNAinfo roundup of NYC businesses that accept bitcoin as a form of payment includes two bars: Old Man Hustle on Essex Street in the Lower East side, and EVR in Midtown near Bryant Park. Cryptocurrencies are here to stay and that’s that,” says Mike Jarmuz, owner of Old Man Hustle. “Bitcoins are fun. They are revolutionary.” The list […]
