Author Archives: RVBTC

Bitcoin hacked – Is there a US cyber war against Bitcoin?

 A number of Bitcoin services, wallets, and exchanges have been destroyed by hacking. Is the US government to blame? One need not look too carefully to notice that Bitcoin is under attack. In addition to governments warning against using this … Continue reading

Posted in Uncategorized | Tagged , , , , , , , , , | Leave a comment

Reddit account – blog of Mark Karpelès hacked – “database revealed”

Hackers wishing to expose Mark Karpelès as a duplicitous scoundrel hacked his blog on Monday, posting accusations of theft in an expletive laced rant.  If the allegations are true, Karpelès may well face criminal charges for withholding assets from a bankruptcy … Continue reading

Posted in Uncategorized | Tagged , , , , | Leave a comment

One killed, one wounded in DDoS attack on Bitcoin network

BTC prices dropped about 7% across the board Friday, as the Bitcoin network absorbed a major distributed denial-of-service (DDoS) Wednesday. According to the South China Morning Post, the event which caused a number of exchanges to suspend BTC transfers was … Continue reading

Posted in Uncategorized | Tagged , , , , , , , , | Leave a comment

Mt. Gox announcement promises criminal complaint

[Translation from the Japanese] February 28, 2014 To anyone concerned Mark Karpeles Representative Director MtGox Co., Ltd. Shibuya 2-11-5 Shibuya-ku, Tokyo ANNOUNCEMENT REGARDING AN APPLICATION FOR COMMENCEMENT OF A PROCEDURE OF CIVIL REHABILITATION MtGox Co., Ltd. made today an application … Continue reading

Posted in Uncategorized | Tagged , , , , , | Leave a comment

Bitcoin lives.

You wouldn’t know it if you read the newspaper.  The television avoids the subject. You would have to work to find it in any “news” items on the internet. Still it’s true. Bitcoin lives. It’s clear many people trust Bitcoin … Continue reading

Posted in Uncategorized | Tagged , , , , , , , | Leave a comment

Complete Blockchain Analysis of Suspicious Transfers on Feb. 6th Related to Mt. Gox Stolen/Siezed Coins via /r/Bitcoin

This indeed “needed to be said.”

Posted in Uncategorized | Leave a comment

Mt. Gox makes an announcement – saying very little

Less than week after the website of Tokyo based Bitcoin trading exchange Mt. Gox went dark, the company has posted an announcement in Japanese and English.  The announcement which contained little new information and which may have been mandated by … Continue reading

Posted in Uncategorized | Tagged , , , , , , , , , | Leave a comment

It’s official – Mt. Gox declares bankruptcy

Despite the doom and gloom forecasts made by the mainstream media that the Mt. Gox bankruptcy announcement signals the end of the cryptocurrency, the Bitcoin investment community shrugged it’s collective shoulders. Bitcoin prices continue to trade in the $550 – … Continue reading

Posted in Uncategorized | Tagged , , , , , , , , , , , , , , | Leave a comment

A second look at Coinbase

As mentioned in a previous post, I had reservations about buying from Coinbase. It is not an exchange but a Bitcoin wallet service that also sells Bitcoin to their clients. I had created trading accounts at a number of exchanges, … Continue reading

Posted in Uncategorized | Tagged , , , , , , , , , , , | 1 Comment

Bitstamp responds to the Mt. Gox debacle

Yesterday, blood ran through the streets. Today is a new day. European Bitcoin trading platform Bitstamp, now the largest BTC exchange in the world, has issued a press release in the light of negative publicity about BTC trading platforms after  … Continue reading

Posted in Uncategorized | Tagged , , , , , , , , , | Leave a comment