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Patrick Ulrich
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Report: Mt Gox CEO Mark Karpeles Released On Bail

Mt Gox CEO Mark Karpeles has been released on bail 10 months after being charged with embezzlement, according to a Japanese media report.

Karpeles was charged in September amidst an investigation into the collapse of Mt Gox, the now-defunct bitcoin exchange that, at its height was the most voluminous bitcoin exchange in the world.

Mt Gox collapsed in early 2014 after it was revealed that the exchange had lost hundreds of millions of dollars in customer bitcoin.

According to local Japanese media outlet news24, Karpeles paid ¥10m (roughly $95k) prior to being released on bail. Karpeles is reportedly prohibited from leaving the country.
A Japanese media report suggests Mt Gox CEO Mark Karpeles has been released on bail.
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Do we need regulation? With rogue CEOs at an exchange what option can safe guard your digital dollar's. 
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Bitcoin's block reward has dropped to 12.5

The Bitcoin network was designed to produce, or 'mine', a steady stream of new coins around every ten minutes – from its beginnings in January 2009 to some time in the year 2140. Mining operations around the world help secure the network and keep it functioning, and for this task they are rewarded with the new bitcoins.

But there's a twist. At every 210,000th block (which takes just under 4 years each time) the number of bitcoins in that reward halves. Originally 50 BTC every ten minutes, it became 25 BTC on 28 November 2012. The next halving, from 25 BTC to 12.5 BTC, just occurred with block 420,000.
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What about other Coins CCs?
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North Carolina Governor Signs Bitcoin Bill Into Law

North Carolina Governor Pat McCrory signed 16 bills into law today, one of which was House Bill 289, which expands the state’s Money Transmitters Act to cover activities related to bitcoin and other blockchain-based digital currencies.

Introduced in 2015, the passage of the law represents the fruition of more than a year of engagement between members of the US blockchain and digital currency industry and local regulators. Though the bill has not been without criticism, in interviews with CoinDesk, prominent advocacy groups largely voiced support for the measure as a step forward for the domestic industry.

Perianne Boring, president of the Chamber of Digital Commerce (CDC), one of the strongest advocates for the bill, sought to position the law as one that had "made history" by providing an alternative, legislative-based model to industry-specific rule-making.
North Carolina today expanded its Money Transmitters Act to cover activities related to bitcoin and digital currencies.
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America... not worth the effort.
Keep the law and regulations out of our currency.
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Startups seek to de-anonymize Bitcoin to fight crime

Startups in the UK and US are claiming that they're able to strip Bitcoin users of some of their anonymity to fight online crime. Reuters is reporting that London-based company Elliptic has teamed up with the Internet Watch Foundation to stop the cryptocurrency being used to buy child pornography. The IWF is supplying Elliptic with Bitcoin addresses which are believed to be involved with online child abuse. The startup, which monitors transactions at some of the US and Europe's biggest exchanges, will check future purchases against this list. If any of the suspect addresses are found to match, Elliptic will raise the alarm to partners as well as law enforcement agencies.

Over in the US, a Seattle-based startup called CoinLab claims that it's developed a piece of software, Oden, that can monitor a person's Bitcoin activity. Unfortunately for Bitcoin evangelists, the company claims that the majority of transactions come from one of two places: online gambling or the darknet. The background to the story is that CoinLab, which incubates Bitcoin-related businesses, sued Mt. Gox in 2013. The firm alleges that Gox chief Mark Karpeles hid a quantity of the cryptocurrency in his own pockets to defraud customers. As a consequence, CoinLab says that it began developing Oden as a way of tracing the blockchain for "bad money movements."
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احست
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Abra Launches Blockchain Remittance App in US

After months of small-scale testing in the Philippines, blockchain payments app Abra launched in the US market today.

The expansion comes after CoinDesk learned details of an aggressive expansion plan in place at the startup, which to date has garnered $14m in venture funding to expand to more than 20 markets by 2017. The firm raised $12m in a Series A funding round last fall.

CEO Bill Barhydt, a former director for web browser Netscape, pointed to the US market as "the hub" from which the startup plans to connect to other markets worldwide, a factor that made it the next logical place for expansion.

https://play.google.com/store/apps/details?id=com.plutus.wallet
After months of small-scale testing in the Philippines, blockchain payments app Abra launched in the US today.
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Nice but who cares
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Winklevoss Bitcoin Trust dumped NASDAQ for the largest market operator for exchange-traded funds, BATS

On Wednesday the Winklevoss twins filed a sixth amendment to their Securities and Exchange Commission (SEC) registration for the Winklevoss Bitcoin Trust. The amendment includes two major changes, the price and their chosen exchange.

Cameron Winklevoss, CEO of the Trust, originally filed the Winklevoss Bitcoin Trust Registration Statement with the SEC on July 1, 2013. An amendment on May 8, 2014, named NASDAQ as the chosen exchange for trading. On July 1, 2014, a further amendment was revealed that the shares will be traded under the symbol “COIN.”

The most recent amendment swaps out NASDAQ for Bats BZX Exchange Inc. (BATS), a relatively new global equity market exchange located in Kansas.
On Wednesday the Winklevoss twins filed a sixth amendment to their Securities and Exchange Commission (SEC) registration for the Winklevoss Bitcoin Trust. The amendment includes two major changes, the price and their chosen exchange.
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تلبلل
 ·  Translate
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New EU Directive May Impose Anti-Money Laundering Regulations on Bitcoin Wallet Providers

The European Commission published a new directive draft last week proposing to extend strict anti-money laundering (AML) regulation to both virtual currency exchange services and custodial wallet providers. Intended to counter “money launderers, tax evaders, terrorists, fraudsters and other criminals,” the directive could mean that many Bitcoin companies in the E.U. will have to apply know your customer (KYC) types of checks on their users.

The proposal, which particularly focuses on terrorist financing, intends to restrict the anonymous use of virtual currencies, presumably referring to bitcoin and altcoins.

According to the draft published by the executive arm of the European Union:

“Transactions with virtual currencies benefit from a higher degree of anonymity than classical financial fund transfers and therefore entail a risk that virtual currency may be used by terrorist organizations to conceal financial transfers. Possible further risks relate to the irreversibility of transactions, means of dealing with fraudulent operations, the opaque and technologically complex nature of the industry, and the lack of regulatory safeguards.”

As such, the European Commission recommends that existing anti-money laundering regulation should apply to virtual currency services, and, in particular, to exchanges and custodial wallet providers.
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I like it 
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Happy Halving Day!
Bitcoin Block Reward Halving Countdown website
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ممكن نتعرف 
 ·  Translate
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Uber has found a clever way to bypass a roadblock in Argentina involving bitcoin

Uber is facing strong opposition in Buenos Aires, where the company has been operating since mid-April without a permit or tax-identification number. The massively funded startup is being sued by taxi unions. City officials have issued multiple injunctions attempting to bring its service to a halt. And credit card companies have been blocked from processing Uber payments on locally registered cards.

It takes more than that to stop Uber, however.

The ride-hailing company is working with bitcoin startup Xapo to circumvent the credit card roadblock, one of its more pressing barriers to service in Argentina. Xapo helps consumers buy, store, and spend bitcoin, a virtual currency. One of the ways it does this is with the Xapo card, a Visa-branded debit card that allows its holders to spend their bitcoin with any merchant who accepts Visa.
The Xapo card does offer a unique solution for would-be Uber riders in Buenos Aires.
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Tesla under investigation after first Autopilot-related death

The NHTSA (National Highway Traffic Safety Administration) is investigating a collision that occurred when a Tesla Model S in Autopilot mode crashed into a tractor trailer resulting in the death of the driver. This is the first fatality linked to the automaker's vehicles while in the semi-autonomous driving mode.

^According to Tesla, the Model S was traveling down a divided highway when a tractor trailer crossed perpendicular to the path of the car. Neither the driver nor Autopilot applied the brakes. The automaker believes that the combination of a white trailer and brightly lit sky may have made the trailer difficult to see._

Because of the height of the trailer, the windshield of the car struck the truck's container as the vehicle passed under it. Tesla believes that its "advanced crash safety system" would have prevented any serious injury if the front of the Model S had the hit truck itself.

Tesla's Autopilot mode is still in beta and the automaker reminds drivers that they need to keep their hands on the wheel and continue to pay attention to the road and be prepared to take control of the vehicle.
The car may have been confused by white trailer and bright sky.
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Or the computer hated him and planned a murder-suicide.

No more Linda Ronstadt!
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How sweet would it be if they followed suit for the Galaxy Note 6/7? Open sales immediately after announcement with the unlocked variant, please take my money!
 
Samsung releases unlocked Galaxy S7 phones in the US http://engt.co/29c5i9D
They're now available through Samsung's website and various retailers.
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North Carolina Senate Approves Bitcoin Bill

The North Carolina General Assembly yesterday passed an update to the state's Money Transmitters Act, which now mandates that companies working with bitcoin and other cryptocurrencies obtain a money transmitter license.

The bill replaces the current statutory article pertaining to money transmission licenses, incorporating much of the existing law and explicitly identifying virtual currencies such as bitcoin as subject to the law.

The state of North Carolina charges $1,500 to apply for a money transmitter license in addition to a base amount of at least $5,000 for an annual assessment.
A bill requiring money transmission licenses for companies working with digital currencies in the state of North Carolina has passed.
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Guess I am a beautiful person. 
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Introduction
DISCLAIMER: The views and opinions expressed on my Google+ feed are my own and are not those of my employer or company. Likewise, all information provided is done so for my own documentation and is not to be considered financial advice. Please do your own research on all topics before passing any judgement.

I graduated college from Eastern Kentucky University where I earned my Bachelor of Arts and am working to finish some needed prerequisites to enter their Master's of Business Administration program. I love to meet new friends and can't wait to meet you!  (That is my sign for you to add me to your circles so we can become friends!)

Possible Circles I Belong To:
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  • Cincinnati Reds
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Those are just some of my interests that came to mind while trying to write this but don't limit me to those.  I enjoy discussing all kinds of new and interesting topics so feel free to share away.

I am married to the wonderful +Kati Ulrich. Kati is one of the most caring, down to Earth people I know and I'm very lucky to call her my lady.

Enough about me, how are you today?
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I recently left my job to start my own business
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