Archives for Bitcoin

Podcast 1742: Michigan Science Center Fair & Christmas Air

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Lisa Reynolds, VP of Marketing & Audience Development introduces us to 1001 Inventions and invited everyone to join in the the Michigan Science Center’s 5th Birthday Celebration.  If you are planning some Holiday field trips with the family, then you don’t want to miss what Lisa has to say about the exhibits and events planned at the Science Center for this time of year.

Listen to Michigan Science Center

[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column][vc_separator color=”black” border_width=”5″][vc_column_text]Steve DeDoes is the creative genius behind the theme music for our show, the Internet Advisor.  Steve joins us today to talk about his current Christmas release Hurray for Christmas. (Here is a link to a sampler of the tunes on the album.

 

 

 

Listen to Steve DeDoes Talk about his Music

  From “Christmas Air”:

 

    • “Michigan Christmas Air” (

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Bitcoin Exchange Files for Bankruptcy

Mt. Gox, the embattled Bitcoin exchange, has filed for bankruptcy protection after falling into a state of disarray earlier this month in the wake of a security lapse that led to fraudulent withdrawals.
The exchange’s CEO, Mark Karpeles, announced the news in Tokyo on Friday, saying that Mt. Gox lost nearly 750,000 customer bitcoins, as well as 100,000 of the exchange’s own bitcoins. The total number of lost bitcoins translates to nearly $500 million at the current exchange rate, the Wall Street Journal reported Friday.
At the Tokyo press conference, Karpeles expressed contrition about Mt. Gox’s crash, and sought to separate that development from the larger Bitcoin movement. “First of all, I’m very sorry,” he said, according to Reuters. “The bitcoin industry is healthy and it is growing. It will continue, and reducing the impact is the most important point.”


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Bitcoin Bank Busted

Yahoo News Dec. 7, 2013

A secretive online black market was robbed over the weekend, costing its users possibly as much as $100 million in Bitcoins — and some say the thieves were the marketplace owners themselves.
After the FBI shut down the largest online black market, Silk Road, in October, a number of other black market sites filled the vacuum. One was a narcotics bazaar called Sheep Marketplace.
Like Silk Road and most of its ilk, Sheep Marketplace was only accessible via Tor, the anonymizing software designed to protect users’ Internet anonymity. Furthermore, all transactions were in Bitcoin , a decentralized online currency that is difficult to trace.

Full Article


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