Spain Arrests 30 Suspected of Laundering Money in Bitcoin Centers

  • Europe | Spain Arrests 30 Suspected of Laundering Money in Bitcoin Centers
  • The proceeds were allegedly laundered through investments in banking products, luxury cars, property as well as Bitcoin centers.
  • Six bitcoin “mining” centers were seized in the raid, they added, after an investigation alongside Spain’s tax office that started as a crackdown on a scheme to illegally decode and distribute pay-TV content.
  • MADRID – Spanish police said on Wednesday they had arrested 30 people suspected of illegally distributing pay television content and of laundering the proceeds by investing in bitcoin “mining” centers for processing transactions in the digital currency, which use intensive computing power to generate more bitcoins.
  • Police said the bitcoin “mining” operations had also been fraudulently using vast amounts of electricity to keep their computing systems running.

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@Bitcoin_UAE: “”Spain Arrests 30 Suspected of Laundering Money in Bitcoin Centers” by REUTERS via NYT #Bitcoin”


Spanish police said on Wednesday they had arrested 30 people suspected of illegally distributing pay television content and of laundering the proceeds by investing in bitcoin


Spain Arrests 30 Suspected of Laundering Money in Bitcoin Centers

Bitcoin project blocks out Gavin Andresen over Satoshi Nakamoto claims

  • Gavin Andresen took over bitcoin development from Satoshi Nakamoto.
  • Friday 6 May 2016 16.21Â BST Last modified on Friday 6 May 2016 20.43Â BST
  • Bitcoin Foundationâ s chief scientist, who supported Craig Wrightâ s claim to be Satoshi Nakamoto, no longer allowed to make changes to currencyâ s code
  • â When we saw the blog post convinced he found Satoshi, the prudent thing to do was to revoke his ownership of the â bitcoinâ organization on github, under which the Bitcoin Core repository currently lies, immediately,â van der Laan wrote.
  • One of those others, Wladimir van der Laan, wrote on Friday that Andresenâ s ability to make changes to the main code running bitcoin has been revoked.

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@IEAKwame: “Bitcoin project blocks out Gavin Andresen over Satoshi Nakamoto claims”


Chief scientist of the Bitcoin Foundation, who supported Craig Wright’s claim he was Satoshi Nakamoto, will no longer be allowed to make changes to the currency’s code


Bitcoin project blocks out Gavin Andresen over Satoshi Nakamoto claims

Dublin is about to become a hub for the tech that underpins Bitcoin

Dublin is about to become a hub for the tech that underpins #bitcoin #Deliotte

  • The UK may have to accept two more years of austerity if it votes to leave the European Union, according
  • More ” Brexit vote could bring two more years of austerity, IFS report claims
  • Britain could be forced to stomach two more years of austerity if it votes to leave the European Union,
  • Dalton said Deloitte had already worked on 20 different potential applications for blockchain in the broad financial sector spanning everything from payments to customer data.
  • Quotes and other information supplied by independent providers identified on the Yahoo!

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@bitcoinagile: “Dublin is about to become a hub for the tech that underpins #bitcoin #Deliotte”


‘Dublin is about to become a hub for the tech that underpins Bitcoin’ on Yahoo Finance UK. Deloitte is opening a blockchain lab in the city for financial firms trying to come to grips with the technology.


Dublin is about to become a hub for the tech that underpins Bitcoin

Deloitte to develop fintech in Irish ‘lab’, 50 jobs to be created

.@DeloitteIreland join @Infosys in locating blockchain R&D centre in Dublin #fintech

  • Tech recruitment company Harvey Nash has announced the creation of 100 new jobs in…
  • Forecourt retailer Maxol is to create 50 new jobs in…
  • Michael Cogley Forecourt retailer Maxol is to create 50 new jobs in Mayo after a €2m investment that will see the firm restore its station on Newport Road and open a new outlet in Castlebar.
  • Deloitte to develop fintech in Irish ‘lab’, 50 jobs to be created
  • Paul Jacob, managing director of Smart Storage, which is creating 60 jobs in Ireland

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@supergingerdave: “.@DeloitteIreland join @Infosys in locating blockchain R&D centre in Dublin #fintech”


Dublin has been selected to become a base for developing services using new blockchain technologies by Deloitte, the professional services and consulting firm.


Deloitte to develop fintech in Irish ‘lab’, 50 jobs to be created

US federal agent investigating Silk Road admits $800,000 bitcoin

  • US federal agent investigating Silk Road admits $800,000 bitcoin theft
  • Bridges belonged to a Baltimore-based federal task force that investigated Silk Road.
  • Related: Silk Road: undercover DEA agent turned bitcoin thief pleads guilty
  • Silk Road operated for more than two years until it was shut down in October 2013 having generated more than $214m in sales of drugs and other illicit goods using bitcoin, prosecutors said.
  • Shaun Bridges, a former secret service member, pleads guilty to money laundering after another member of same task force admitted to similar crimes

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@bitcoinagile: “US federal agent investigating Silk Road admits $800,000 #bitcoin”


Shaun Bridges, a former secret service member, pleads guilty to money laundering after another member of same task force admitted to similar crimes


US federal agent investigating Silk Road admits $800,000 bitcoin

Mark Carney’s biggest speech of the year is going to be about fintech and the technology behind bitcoin

  • SEE ALSO: BANK OF ENGLAND OFFICIAL: ‘Central banks can’t afford to be Uber’d’
  • Distributed ledger technology, which Carney also singled out, is the area of fintech that traditional banks are most excited about.
  • Bank of England Governor Mark Carney’s biggest speech of the year will be about fintech and blockchain technology, he revealed on Tuesday.
  • The Governor said: “My speech will be about aspects of fintech and distributed ledger technologies and it actually starts to shift into…
  • Mark Carney’s biggest speech of the year is going to be about fintech and the technology behind bitcoin

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@BitcoinNooz: “Mark Carney’s biggest speech of the year is going to be about fintech and the technology behind bitcoin – #bitcoin”


‘Mark Carney’s biggest speech of the year is going to be about fintech and the technology behind bitcoin’ on Yahoo Finance UK. Bank of England Governor Mark Carney’s biggest speech of the year will be about fintech and blockchain technology, he revealed on Tuesday. Carney was questioned by MPs on the Treasury Select Committee over his upcoming Mansion House speech to top bankers and City of London officials in early June.


Mark Carney’s biggest speech of the year is going to be about fintech and the technology behind bitcoin

China stocks close lower, resources firms hit by weak commodities

China stocks close lower, resources firms hit by weak commodities #bitcoin #forex #trading

  • China stocks close lower, resources firms hit by weak commodities
  • SHANGHAI, May 24 (Reuters) – China stocks closed lower on Tuesday as resources firms were hit by slumping commodity prices amid worries over China’s economic health.
  • The CSI300 index of the largest listed companies in Shanghai and Shenzhen fell 0.8 percent, to 3,063.56, while the Shanghai Composite Index lost 0.8 percent, to 2,821.67 points.
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@bitcoinagile: “China stocks close lower, resources firms hit by weak commodities #bitcoin #forex #trading”


SHANGHAI, May 24- China stocks closed lower on Tuesday as resources firms were hit by slumping commodity prices amid worries over China’s economic health.


China stocks close lower, resources firms hit by weak commodities