A 17-year-old jihadist teenager from Virginia faces up to 15 years in prison for blog and Twitter posts about encryption and Bitcoin, Bitreserve has announced that it is dropping fees for currency conversions, and more top stories for June 12. Jihadist US Teen Faces Prison for Blog and Tweets About Encryption and Bitcoin A 17-year-old Virginia teenager faces up to 15 years in prison for blog and Twitter posts about encryption and Bitcoin that were geared at assisting ISIL. The teenager, who contributed to the Coin Brief news site, pleaded guilty to a federal charge of providing material support to …
Bitcoins are widely called “digital gold,” so it's fitting that many crypto fans like their physical gold, too. Several companies have sprung up in the last two years to serve this bitcoins-to-gold market. Why buy gold? Some choose it as a savings instrument, others a trading commodity, and still others as a fiat-free hedge against crypto volatility. Whatever your purpose, the following five companies may pop up onto your radar: Serica This San Francisco-based company was rebranded this year from the name DigitalTangible. They've been called a “trailblazer in the gold-bitcoin space” for launching the first online gold/bitcoin trading platform …
Jon Matonis and Roger Ver on the solutions Bitcoin offers to the gaming industry, Bitreserve’s Halsey Minor announces new customer, and ‘decentralized gaming’ with Credits. On February 3, the ICE Totally Gaming Conference 2015, dubbed “the largest and most comprehensive trade event in gaming,” dedicated a whole day of seminars on “Bitcoin and Cryptocurrencies” - a noteworthy move in itself considering that there was just one panel at last year’s event. The venue was full despite being tucked away in a separate 100-seat seminar room. Among those in attendance were the former Executive Director of the Bitcoin Foundation, Jon Matonis, …
Art by: Jing Jin When I started writing for Cointelegraph, Bitcoin was around $800. With my modest lifestyle and three roommates, that was enough for roughly six weeks worth of rent. Today, one Bitcoin wouldn't cover one month's rent. Luckily for me, Cointelegraph pays in Bitcoin but bases the amount on its current USD value, but still, if it wasn't already obviously apparent to me, I would have quickly learned that Bitcoin was not a safe place to hold money that might be needed for rent or bills. Writing, contrary to what some may believe, is not a lucrative career. …