Converging on Cryptocurrencies #5

AltCoins:

GridCoin is an attempt to incentivize doing BOINC related science computing. This is something I discussed with friends at LBNL a couple years ago. The timing is...amusing.

The Bank of England has paid for the development of RSCoin, a centrally controlled cryptocurrency.  It matches, really well actually, what I predicted for a 'cryptodollar' would be from the US.

Bitcoin:

There was a big mix up about whether or not Microsoft would be accepting bitcoin.

Quickbit, a bitcoin trading platform, had a cyberattack and will be down for an extended period. No funds were supposedly lost though.

Crime:

BitcoinWisdom Ads Remover is a Chrome extension implicated in stealing bitcoins from transactions.

Law enforcement actually really likes bitcoin because it allows for tracking the transactions very clearly due to its public ledger (blockchain).

Regulation:

Bitcoin issuers in Russia face seven years in prison.

Misc:

Should we fear a cashless world?