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Tip Freedomwat.ch Staff with Bitcoin
Tip Freedomwat.ch Staff with Bitcoin

“Based on what Younts has told me, it looks like he was able to make over $230,000 profit in just over a month when you include the escrow fee. Not too shabby! Making this even better, Younts was able to acquire similar domain names before the sale of BitcoinWallet.com was revealed. ‘After the sale, I very quickly and very quietly began rounding up the others in the aftermarket. I was very impatient and rightly so, nervous. Somehow, I managed to land the rest of these within six days without any red flags or competition,’ Younts told me. Younts now owns BitcoinWallets.com, BitcoinWallet.net, BitcoinWallets.net, and a few other similar domain names in different extensions.”
http://www.domaininvesting.com/details-about-bitcoinwallet-com-reported-sale/

“Mt. Gox, owned by a company called Tibanne Ltd, was the largest bitcoin-fiat currency exchange from 2010 until last year. It started life in 2009 as a place for players of Magic: The Gathering to trade cards. Tibanne is run by Mark Karpeles, who acquired the exchange from founder Jed McCaleb in 2011. In its four-year history, the pioneering exchange has suffered hacking attempts, DDOS attacks, and the same regulatory issues that have plagued other bitcoin businesses. Along with technical issues, the glare of law enforcement’s spotlight since April 2013 has seen Mt. Gox’s US dollar market-share plunge from over 70% in April to about 19% now.”

“In a few hours on December 15th, Jeff lost nearly $10,000. It’s part of a string of Bitcoin thefts that have hit the service in recent weeks. The Verge has confirmed two other Coinbase users with stories similar to Jeff’s, one taken for $16,000 and another for $5,000. In the first case, the victim was using two-factor authentication and received a refund; in the second, two-factor hadn’t been enabled and the refund was denied, on grounds that the user hadn’t properly set up the account’s security measures. Several other as-yet-unverified reports have also been posted on the Coinbase subreddit.”

“If you’re traveling overseas, across borders or anywhere you’re afraid your laptop or other equipment might be tampered with or examined, you’ve got a new secret weapon to improve security. Glitter nail polish. Don’t laugh. It works. Security researchers Eric Michaud and Ryan Lackey, making a presentation at the Chaos Communication Congress on Monday, highlighted the power of nail polish – along with metallic paints and even crappy stickers – to help people know when their machines have been physically tampered with and potentially compromised.”
http://www.wired.com/threatlevel/2013/12/better-data-security-nail-polish/

“Hidden within the open-source OS X bitcoin wallet app StealthBit, CoinThief.A monitors users’ web traffic to steal login credentials for software wallets and popular bitcoin sites, including BTC-e, Mt. Gox, and Blockchain.info. The StealthBit app had been available on GitHub both as source code and a precompiled download, but the page has now been removed. Suspicion arose when investigators discovered the precompiled version did not match the source (which more knowledgeable users could examine for themselves and needed to compile before using). The precompiled version contained the malware, whereas the open-source code did not.”
http://www.coindesk.com/cointhief-mac-malware-steals-bitcoins/

“Espinoza is charged with felony violations of Florida’s law against unlicensed money transmitters – which prohibits ‘currency or payment instruments exceeding $300 but less than $20,000 in any 12-month period’ — and Florida’s anti-money laundering statutes, which prohibit the trade or business in currency of more than $10,000. Police also conducted a search warrant on his residence with an order to seize computer systems and digital media. Also arrested is Pascal Reid, 29, a Canadian citizen who was living in Miramar, Fla. Allegedly operating as proy33 on localbitcoins.com, Reid was arrested while meeting with an undercover agent to finalize a deal to sell $30,000 worth of Bitcoins.”
http://krebsonsecurity.com/2014/02/florida-targets-high-dollar-bitcoin-exchangers/

“Infuriated by Apple’s sudden move to ban bitcoin wallet provider Blockchain from its App stores on Wednesday, the bitcoin community flocked to reddit on 6th February in a spirited and controversial showing of support for the virtual currency. Reddit posts abounded decrying Apple’s move as an anti-competitive maneuver that positions the Cupertino company against innovation and its core values. There may be no more dedicated bitcoin supporter than Ryan of the YouTube video series Ryan’s Range Report, a vlogger and long-range shooting devotee who found a rare combination of his passions when he blasted his iPhone 4S to pieces to voice his displeasure with Apple’s decision.”
http://www.coindesk.com/watch-bitcoin-fanatic-shoot-iphone-apples-blockchain-ban/

“The use of bitcoins and other cryptocurrencies carries the risk of violating citizens’ property rights and cannot be used in Russia, the country’s Prosecutor General’s Office concluded after meeting with the Central Bank, FSB, and Interior Ministry. ‘Russia’s official currency is the ruble. The introduction of other types of currencies and the issue of money surrogates are banned,’ the statement says, meaning that cryptocurrencies – the most popular of which is bitcoin – cannot be used by Russian citizens or corporations. Members of the meeting also outlined recommendations on how to prevent the use of virtual currencies.”
“In a strange move, online payments provider PayPal has started banning accounts of people who sell anything Bitcoin related using its payment gateway, according to a post on BitcoinTalk. In this particular case however, there was no actual transfer of Bitcoin involved. A BitcoinTalk member sold Casascius coins, physical coins that can be used to store Bitcoins, on eBay. Casascius no longer come with Bitcoin stored in them after US Treasury Department action in December 2013. The seller tried to point out that he was only selling items which eBay, the parent company of PayPal, had permitted him to.”
http://www.medianama.com/2014/02/223-paypal-bitcoin-crackdown/