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SatoshiDice Sold for $12.4 Million

Erik Voorhees has announced that SatoshiDice, by far the most popular gambling site in the Bitcoin community, is being sold in full for 126315...

Bitcoin Self-Defense, Part 2: In-Person Transactions

Image credit: http://spelunk.in/2013/07/14/los-angeles-bitcoin-meetup-2-writeup/See also: Bitcoin Self-Defense, Part 1: Wallet ProtectionThe in-person Bitcoin economy is an exciting place to be. Ever since “Satoshi Square”, an...

SEC Files Charges Against Bitcoin Ponzi Mastermind Trendon Shavers

Victims of the largest scam in Bitcoin’s brief history can find solace today as the Securities and Exchange Commission alleged fraud charges against Trendon...

Primecoin: The Cryptocurrency Whose Mining is Actually Useful

Read the exclusive interview with Primecoin’s creator Sunny King in the issue 13 of Bitcoin Magazine.One of the disadvantages of Bitcoin that its proponents...

Month in Review: June

For the Bitcoin community, June has been a month of mixed blessings. The price tumbled frm $128.8 to $97.5 (and currently stands around $70),...

How Anonymous Money Can Support Efficient Government Revenue Collection

Most attempts to make Bitcoin more palatable to governments tend to revolve around downplaying its privacy aspects. Arguments are made that figuring out who...

BTCGuild Starts Selling ASICMiner USBs, Sells Out in 40 Minutes

BTCGuild, currently the second largest mining pool with 17 of the network hashpower, started selling ASICMiner’s USB Block Erupter mining devices, but announced that...

Solving the Slow In-Person Transaction Problem

One of the crucial features for a digital transaction medium to be viable for payments made in person is that it should be reliable,...

Bitcoin At Porcfest, Part 1: A Social Experiment

To understand more about what Porcfest is and why Bitcoiners should care, see part 0 of this series.Today marks the third official day of...

TorBroker: Anonymous Finance and Trust

In late March, the cryptic underworld of the Tor hidden service ecosystem added a new service to its midst: TorBroker, a gateway for Bitcoin...
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