Wall Street Journal Explores Criminal Side of Cryptocurrency

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Cryptocurrency Crime

The Wall Street Journal has an excellent piece exploring the criminal side of cryptocurrency. Long-time readers know I’m a fan of cryptocurrency, but this piece offers excellent insight on the dark side of this technology. Here’s a snippet:

For many criminals, cryptocurrency is less cumbersome than cash. Hackers hold computer systems hostage and demand instant, anonymous payment in bitcoin. Drug dealers sell in dark corners of the internet, obscuring their names and locations. Narcotics traffickers move and launder their profits with clicks of a mouse. “The cases have exploded,” says Gabriel Bewley, a special agent in the virtual-currency initiative at the Drug Enforcement Administration.

I’ve read some really awful attacks on cryptocurrency and Bitcoin in the last few weeks, pieces that are devoid of logic, knowledge, and understanding. What I like about this piece is that it covers this real problem with facts and without hyperbole. If you’re looking for some understanding on this issue, this is a great article to read.

Chuck Joiner Interviews Bryan Chaffin on Bitcoin Faucets, HomePod, and Apple's Communications Decisions

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I had the pleasure of being on MacVoices 18067 with Chuck Joiner this week. He interviewed me about Bitcoin faucets and my take on the HomePod. We also had a rip-roaring argument on Throttlegate, and how it was a self-inflicted communication error on Apple’s part, but it’s cool because in the end Chuck admitted I was right. OK, he didn’t exactly do that, but it’s always good talking with Chuck. Check it out.

Coinbase Updates iOS App to Simplify Signup, Improved Identify Verification for iPhone X

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Coinbase updated its iOS app Tuesday, as the company works overtime to beef up its infrastructure in the midst of Bitcoin Mania: 2017 Edition™. The update improved identify verification, “especially for iPhone X.” It also has a simplified sign up, optimized charts, unspecified bug fixes, and more. Coinbase is an online, hosted wallet for Bitcoin, Ethereum, and Litecoin cryptocurrencies, all of which have exploded in popularity. Coinbase features the ability to buy and sell those cryptocurrencies, and the company owns dedicated exchange GDAX. You’ll need a Coinbase account to use the company’s iOS app.

Coinbase Updates iOS App to Simplify Signup, Improved Identify Verification for iPhone X