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U.S. Government Begins First Ever Bitcoin Auction

As reported in our earlier post, the U.S. Government has begun its first ever auction of Bitcoins. The Bitcoins to be auctioned were seized in connection with the shutdown of the Silk Road - the "dark net" site that served as...more

7/1/2014 - Auction Bitcoins Silk Road US Marshalls Service

Bitcoin Mining Firm Consistently Attaining Control of the Market

Bitcoin mining firm GHash is reportedly consistently attaining over 51% of all of the hashing power of all Bitcoin miners. As a decentralized currency, Bitcoin depends on an open ledger called the "block chain" to track every...more

6/18/2014 - Bitcoin Miner Bitcoins Block Chain Popular

28 Million Dollars in Bitcoins Deemed Forfeited to the U.S. Government

The United States Attorney's Office for the Southern District of New York announced the forfeiture of approximately 29,655 Bitcoins in connection with the seizure of the Silk Road website....more

1/30/2014 - Bitcoins Forfeiture Silk Road Virtual Currency

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