CannabisCoin prominent member educates dispensary staff

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CannabisCoin (CANN) lead developer DeltaNine met up with a dispensary in regards to the distribution of medical marijuana stemming from the CANNdy strain. As the CannabisCoin team claimed on Twitter and on the bitcointalk, this meeting went very well: “We support the merchants, as they support CannabisCoin and the community. Everything must be professional and methodically planned”.
While on site at the dispensary, DeltaNine trained their staff in the usage of CannabisCoin and digital currency. On top of that, some test transactions were conducted, to show the speed, ease-of-use and the benefit CANN would offer to medical marijuana customers.

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PayPal announces first partnerships in Bitcoin space

PayPal has announced partnerships with three major payment processors in the bitcoin space – BitPay, Coinbase and GoCoin, CoinDesk informed.
In a blog post penned by senior director of corporate strategy Scott Ellison, PayPal revealed that online merchants will now be able to accept bitcoin via all three companies through its PayPal Payments Hub, its product that enables customers to accept credit cards, mobile carrier payments and other payment methods through a single integration. Continue reading…

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Isle of Man: we are open-minded about digital currencies

Isle of Man’s benevolence to Bitcoin is moving to the next level. Chris Corlett, chief executive of the department of economic development, announced that residents could soon be able to pay “everything from your car tax to your income tax bill” with Bitcoin. About this the CoinDesk portal tells us. Continue reading…

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Roger Ver launches Bitcoin Bounty Service

Bitcoin magnate Roger Ver, known as “The Bitcoin Jesus”, has launched a new site designed to help catch criminals by offering anonymous cryptocurrency bounties, as CoinDesk reported.
He was a victim of a hack attempt in May of this year. Swift action on the part of Ver and one of his associates deflected the hacker, and he then decided to post a significant bounty for information which led to the capture of the hacker. Continue reading…

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OKPay was ordered to hand over $6.1 million to Mt.Gox

Payment processor OKPay has revealed it was court-ordered to return nearly $6.1 million of withheld customer deposits to the failed company. The individual customer deposits were being held by OKPay for transfer to Mt.Gox when it filed for bankruptcy. Continue reading…

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PayPal users will be able to pay in Bitcoin

Braintree, the payments company acquired by PayPal for $800m last year, announced it will be adding support for Bitcoin payments to its platform in the coming months.
The integration is the result of a partnership with Coinbase, which was first reported to be in talks with Braintree about a potential partnership this August. Continue reading…

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British cyber geek pleaded guilty to blackmailing for Bitcoin

Lewys Martin, a 22 year old “hacker”, who was threatening to expose personal data of 28,000 customers of Lloyds Bank, pled guilty at Southwark Crown Court on September 3, 2014 to blackmail, possession of articles for use in fraud and possession of indecent images of children, as COINTELEGRAF reportes. Continue reading…

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Charlie Shrem to plead guilty to unlicensed money transmission

2 One of the most prominent names in Bitcoin will plead guilty to multiple federal charges in a New York court next Thursday, September 4th. Continue reading…

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Thanks for all you’ve done, mr. Hal Finney! See you in the future!

2 Hal Finney, a well-known cryptography expert and the first person to work with Satoshi Nakamoto on the digital currency bitcoin, passed away on Thursday in Scottsdale, Ariz. He was 58. He is having his body cryopreserved – where the body is frozen and stored indefinitely – according to his wishes. Continue reading…

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Dominica will be the first country in the world to adopt Bitcoin

1The 70,000 residents of the Caribbean nation of Dominica will receive bitcoins as part of the The Bit Drop, a future union between companies criptocurrency industry, interest groups and local government officials.
Scheduled to take place on 14th March, 2015, The Bit Drop will feature an island-wide party that will be attended by “celebrities, musicians and enthusiasts Bitcoin”. Continue reading…

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