Bitcoin News from around the globe.
The true identity of bitcoin’s mysterious creator, Satoshi Nakamoto, has been potentially unveiled as unknown Australian businessman and academic, Craig Wright. Two of technology’s most prominent publications, Wired and Gizmodo, have each run exposés confidently claiming to unearth the founder of the cryptocurrency. Bitcoin’s origins are shrouded in enigma, as its creator used an alias […]Continue Reading... Comments Off on Bitcoin Creator Potentially Uncovered
The European Union still does not have comprehensive and consistent legislation regarding the use of bitcoin, and it may be years before it does. A recent report by an independent financial research organisation, the SWIFT Institute, has concluded that the EU’s response to the rise of bitcoin has been inadequate despite recently adopting new laws on […]Continue Reading... Comments Off on EU Bitcoin Regulation Not Expected Soon
Former Seals With Clubs poker site operator Bryan Micon has been recently given a sentence of two years probation and a $25,000 fine as a result of his arrest for conducting an illegal online bitcoin poker site earlier this year. The Las Vegas professional poker player came to the attention of US authorities in August last year, […]Continue Reading... Comments Off on Bitcoin Poker Operator Gets 2 Years Probation And $25k Fine
The online gambling industry saw the arrival of some new bitcoin poker sites launched this year, all trying to take advantage of the rising value and popularity of bitcoin as a digital currency and emulate successful bitcoin poker sites, such as SwC Poker. 2015 saw the launch of newcomers Get Lucky Poker, who are aiming to join the likes […]Continue Reading... Comments Off on New Bitcoin Sites In 2015
The value of bitcoin has sky rocketed in recent weeks, increasing by over 60% as investors around the world move swiftly to buy up the cryptocurrency. It recently hit new highs, peaking at $500 around a week ago, and is now trading at an average of $380. The news provoked a flurry of bitcoin trading […]Continue Reading... Comments Off on Bitcoin Value Rises Dramatically
The UK’s Gambling Commission has recently made a statement to bitcoin-only gambling websites regarding the legality of their operations as rather than being outside the law, as had been previously suggested, they confirm that the cryptocurrency is actually covered by the UK’s existing gambling legislation. The Commission will be stepping up its efforts to provide […]Continue Reading... Comments Off on UK Gambling Commission Confirms Legality Of Bitcoin Sites
Bryan Micon, founder of popular bitcoin poker website Seals with Clubs, has agreed to a plea deal with Nevada’s authorities relating to his charge for operating an illegal poker room from Las Vegas between 1st March and 9th February this year. Micon agreed to a guilty plea in an effort to avoid jail time, and […]Continue Reading... Comments Off on Bryan Micon Pleads Guilty In Bitcoin Poker Case