Mt. Gox Creditors Seek More Than $22 Billion: Claims Investigation Extended

Nearly 25,000 creditors are claiming JPY 2,663,398,225,570 (more than $22 billion USD) from Mt. Gox Co. Ltd., according to bankruptcy trustee attorney Nobuaki Kobayashi. Kobayashi filed a report with the Tokyo District Court, Collegiate Section of the 20th Civil Division. The report summarizes the status of claims against the bankrupt company, along with the status of the investigation into the disappearance of bitcoins from the exchange. The trustee published the report distributed at the fourth credits meeting, according to leaprate.com. Report Lists Assets and Balance Sheet As of Sept. 8, 2015, the bankruptcy trustee has secured JPY 1,242,068,375, i.e., a […]

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New Faster NiceHash Axiom CPU Miner Launcher

NiceHash has released an updated version of their Axiom CPU Miner Launcher that provides a simple and easy GUI for running the optimized cpuminer-multi fork (source). The new releases apparently includes optimizations from sandor111 that further increases the performance for mining Axiom on CPU. Compared to the previous version from about a month ago we are seeing about 90% increase in performance on an Intel Core i7 5820K processor and apparently AVX2-capable CPUs seem to have the highest performance increase, though older processors will also get increased hashrate. So if you are mining Axiom on CPU you might want to try the updated miner with GUI to ease the mining on NiceHash and get paid directly in Bitcoin.

– To download the latest Windows binaries of the optimized cpuminer and launcher with Axiom algorithm support…

Bitcoin Photo Contest by bit4coin

The European based portal for buying Bitcoins bit4coin is currently running an interesting Bitcoin Photo Contest where you can win up to 1000 Euro as a reward for the first place, 500 Euro for the second and 250 Euro for the third. All you have to do to take part in the contest is to submit a Bitcoin themed photo made by you. The idea is to show interesting, original photographs and artwork by and for the bitcoin community. Examples could be photographs of people using bitcoin, bitcoin spottings at interesting places, or bitcoin paintings. There is no limit to your creativity, as long as it has something to do with bitcoin. The contest is open for submissions at any time until October 15th, 2015. Jury members cast votes until October 21st, and winners will be announced right after.

– For additional information about the Bitcoin Photo Contest ran by bit4coin…

Bitcoin Price Advancing Nervously

Bitcoin price advanced to a new corrective high today before the market nervously started taking profit below $250 (Bitstamp). The chart technicals imply additional highs are in store. This analysis is provided by xbt.social with a 3 hour delay. Read the full analysis here. Not a member? Join now and receive a $29 discount using the code CCN29. Bitcoin Price Analysis Time of analysis: 15h53 UTC Bitstamp 1-Hour Chart From the analysis pages of xbt.social, earlier today: Price advanced to a new corrective high today and the move caused divergence in the momentum indictors as annotated in magenta. Typically, bitcoin […]

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LZF Launches First U.S.-Based Exchange To Operate Legally In 49 States Today

The launch of the Laissez Faire (LZF) digital currency-to-fiat exchange platform in 49 states marks the first U.S.-based exchange to operate legally throughout the entire U.S., with the exception of New York. The goal is to provide a digital currency-to-fiat exchange platform that provides the most secure, incentivized trading environment. Using a structure similar to a Saas (software as a service) platform, LZF provides an autonomous system with fully-implemented banking capabilities. The autonomous, synchronized system minimizes the need to manually process user requests (with the exception of crypto cold storage). LZF does not serve New York due to the state’s BitLicense […]

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Win Up To €1000 in Bitcoin By Entering bit4coin's Bitcoin Photo Contest

When it comes to images of bitcoins, the pool content developers have to choose from is pretty limited - to the point where most readers tend to recognize photos from other stories, and that’s a problem. However, bit4coin is aiming to solve that problem by reaching out to the bitcoin community at large and offering up a Bitcoin Photo Contest. The Basic Rules Of The Bitcoin Photo Contest Photographers and graphic artists have until October 15, 2015 to submit their bitcoin photos. The guidelines are pretty straightforward - as long as the picture has something to do with bitcoin, obviously […]

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SeachTrade Uses Bitcoin to Reward People using the Search Platform

A Singapore-based startup, SearchTrade, has introduced a system to allow all parties in the Internet search engine process – the searcher, the owner of the key word being searched, the builder of the app using the search engine, and the advertisers – to profit from the process using bitcoin. Using bitcoin, the system redistributes the revenue among the stakeholders in the process, rather than allowing all the profit to flow to the big search engines like Google and Bing. “Search is the single most important activity on the Internet,” said Vishal Gupta, co-founder and CEO of SearchTrade. Everyone does it, […]

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