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Last week, two South Florida men were arrested on accounts of money laundering and doing “unlicensed money servicing business.” Michel Abner Espinoza, and Pascal Reid were arrested on February 6, and are currently situated in Miami-Dade County jails. Speaking about this case, a...

Aaron Koenig: India’s Potential Bitcoin has had a remarkable journey across the globe so far, and it’s still only in its infancy. Many countries have adopted the bitcoin culture, but India remains on the fence. It would be a hard pill to swallow for virtual currency...

Click for Image. Bitcoin Weekly: February 9th, 2014 Every week or so, the CoinReport team likes to step back and examine the week’s bitcoin news and headlines. The week ending on February 9th, 2014 was not a great one in the world of bitcoin. Many negative headlines added...

Starting as just a virtual currency, backed up by mathematical codes, bitcoin has now become more than just a reality. Last year, the currency rose from $13 to $1,200 by November. Government’s Dilemma Due to the rise in popularity and the global use of the currency, the...

It was found out recently that Mt.Gox, one of the biggest bitcoin currency exchange providers, were facing technical issues. As a result the Japan based exchange halted all bitcoin related transactions. This has stopped any form of business from occurring through the site. Mt.Gox...

Bitcoin Kinetics Bitcoin Kinetics is a startup company that engineers everyday devices to accept crypto currencies. Devices include gaming cabinets, gas pumps, washer/dryer machines and even snack food vending machines. “We are dedicated to bringing crypto currency to every...

Joshua Dratel, Ross Ulbricht’s lawyer, told reporters last November that after meeting his client for the first time he planned to show that Ulbricht was not guilty. He wanted the world to see that Ulbricht was not “Dread Pirate Roberts” who is said to have created the Silk Road,...

Notably the world’s largest Bitcoin investment fund, Bitcoin Investment Trust has just made an announcement that it will start buying and selling Bitcoin on the market. This translates to: a new BTC exchange is in the making. However, currently this is only “on a pilot basis.”...

Undercover at LocalBitcoins This past Thursday, Florida authorities announced that they’ve targeted three businessmen who are alleged of illegally exchanging large amounts of money through bitcoin. Experts believe this may be the first case where bitcoin vendors are being...

Coinbase, an online trading platform for Bitcoin, based in the USA, is going one step further with wallet security. Every user is now able to get many API keys instead of just one. The API keys have a special security feature which in order to protect the user; the user has to...