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LifeLock Sues Xapo Executives Over Bitcoin Wallet Intellectual Property

Bitcoin bank and payment processor Xapo faces uncertain waters as much of the company’s executive team is being sued for contract violations. The misgivings center on the last months that Xapo co-founder and CEO Wences Casares, along with other Xapo employees, worked for the mobile wallet Lemon. In December 2013, the $1.5 billion online security company LifeLock acquired the mobile wallet for $42.5 million (and rebranded it LifeLock Wallet). As reported by Fortune, the lawsuit is over whether Xapo was originally developed during his and other Xapo employees’ time working for Lemon. Or as LifeLock’s compliant puts it, “using a product developed by Lemon employees, in Lemon’s facilities, on Lemon’s computers, and on Lemon’s dime.” Several months before Lemon would be acquired by LifeLock, the mobile wallet startup started working on a Bitcoin product, but the project was quickly terminated by its board of directors. Casares, Lemon CEO at the time, pushed on with the digital currency...

Gyft CEO announced his companies intentions to “tokenize” gift cards and issue them as colored coins

Earlier this week, CoinDesk’s Pete Rizzo reported on Gyft CEO Vinny Lingham‘s appearance at this year’s SXSW conference. Lingham was featured on a bitcoin-related panel with Boost VC Founder Adam Draper, Chain Founder Adam Ludwin, and Changetip Founder Nick Sullivan. It was during this panel that the Gyft CEO announced his companies intentions to “tokenize” gift cards and issue them as colored coins http://coloredcoins.org/ on top of the bitcoin blockchain. Read More: Issuing gift cards as colored coins Colored coins are a way to tokenize bitcoins for other uses. For example, you could say that a particular bitcoin represents $1000 in a vault somewhere, a deed to a house, or in this case a gift card. Once you tokenize a bitcoin, the value that it represents can then be transmitted across the world in the same instant and secure manner as a normal bitcoin. Lingham noted, “We can use this technology to make sure that consumer gift cards are protected, that counterparty risk is man...

The Crypto Sheik's Horde of Crypto faucets

The Crypto Sheik's Horde of Crypto faucets /> This aims to be the MOTHER LODE of Faucet listings! The Grand Archives of the Sultan are benevolently open to the outside world for all to benefit from? Why? Cause that's just the kinda guy he is! THREE CHEERS FOR THE SULTAN OF SHA! HIP HIP HOORAY! HIP HIP HOORAY! HIP HIP HOORAY! Cryptospouts Faucet-FREE DOGE! Cryptospout faucet-FREE DARKCOIN Cryptospout Faucet-FREE REDDCOIN Cryptospout Faucet-FREE LITECOIN Cryptospout Faucet-FREE PEERCOIN Cryptospout Faucet-FREE BITCOINDARK Cryptospout Faucet-FREE BLACKCOINS Cryptospout Faucet-FREE CLAMCOIN Cryptospout Faucet-FREE REDDCOINS Cryptospout Faucet-FREE PEERCOINS Cryptospout Faucet-FREE NAMECOINS Cryptospout Faucet-FREE BLACKCOINS! THECOINMINE.COM'S DOGECOIN FAUCET on a side note, thecoinmine.com is one of the best places to earn free coins by doing surveys and the usual fare like crowd flower and ad walls. No joke! i highly recommend it if y...

ALLCRYPT CRYPTOCOIN EXCHANGE HACKED INTO OBLIVION

ALLCRYPT.COM HACKED INTO OBLIVION THIS COMES STRIGHT FROM THE ALLCRYPT.CO BLOG Posted by AllCrypt Staff on March 18, 2015 Late Sunday night AllCrypt was hacked. We spent the last few days going over logs, speaking with other crypto exchange operators and law enforcement, and here is what we know. Around 8PM on Sunday (all times EDT) our marketing director’s blog account requested a password reset. Up until the writing of this post (Wednesday morning, 10am) we do not know how the thief managed to know the marketing director’s (will refer to this as MD from here) account. Our best guess is it was an educated guess based on info found (more on that in a moment). The MD saw this email come in, and forwarded it to myself, and another team member (a technical lead/temporary assistant support staff), letting us know what happened and that he did not request the password reset. I did not see the email at the time, as I was out, and it was not a huge red flag that would require a phone...

The 42 coin- only 42 of them ever to exist! Get while you can!

  42 COIN Basic Info Launched: January 4,2014 By: Hendo Type: Scrypt Algo Supply: 42 Coins Speed: 42 Second Retarget: Every 7 Minutes Reward: 0.00000010 Block reward for the first 419 blocks, Blocks 420+ are 0.00004200 block reward Reduction: Premined: 52.5 million DGB for giveaways over first two months to encourage adoption of DGB. Fees: 0.00000001 Website: Source: History and concepts  behind the 42 COIN! ____________________________ _ ___   ____________________ 42Coin (42) The premise behind 42 Coin is its rarity with only 42 coins to ever be created, anyone with a computer can easily join the network to start mining, accepting and sending 42 coin payments for personal or business reasons. 42 Coin is similar to Bitcoin with its financial system and user friendly features that allows users to send and receive coins with anyone in the world using digital addresse...

What is FITCOIN? How about some Sweating to tha SHA anybody? no? yes? DO IT!

Chaotic Moon Studios, a creative technology studio in Austin, awed South By Southwest Interactive Festival attendees with their futuristic fitness application, FitCoin. While other fitness trackers only calculate, Chaotic Moon's FitCoin motivates, with cash. The app measures the length and intensity of a workout and converts it to CPU time on a bitcoin mining rig. The more users workout, the more digital currency they mine. Get fit, get rich, or die mining. "This concept combines two of our specialties: looking good and making money," said Chaotic Moon CEO, Ben Lamm. "We're always trying to turn existing habits into new opportunities to make money—this one was an obvious fit." FitCoin syncs with a user's fitness tracker to log vital variables from a workout: including duration, intensity, and distance. Chaotic Moon's proprietary algorithm then determines the amount of bitcoins earned during each session. FITCOIN- I WORK OUT! "At ...

referrals go bananas!

http://www.ltcfaucet.co?r=LSsm43GmRFfhefiWpRj5NGAxv4zEbuuwUm http://litebox.in/?r=LSsm43GmRFfhefiWpRj5NGAxv4zEbuuwUm http://www.drkfaucet.co?r=Xk49CacHHnqSCf3AywAXo4m6e5gzCVRcsD http://peercoin.cryptorials.io/?r=PPDN5dDnCv1KQeVmotbZRRiijQFa6cygVT http://roasalawu.com/search/engine/optimization/static-dir/daily-freebies/?r=PPDN5dDnCv1KQeVmotbZRRiijQFa6cygVT http://www.ppcfaucet.co/?r=PPDN5dDnCv1KQeVmotbZRRiijQFa6cygVT http://getmyfaucet.com/ppc/?r=PPDN5dDnCv1KQeVmotbZRRiijQFa6cygVT http://usafaucet.tk/index.php?id=3571 http://peer-attack.tk/?r=PPDN5dDnCv1KQeVmotbZRRiijQFa6cygVT

Interesting chatlog on Allcoin.com! Threat of DDOS AND ROBBERY OF EXCHANGE!!

sombrerohat: Really though ... can I get a margarita over here or what? Griffith: not sure what to think of that conversation whitehat: Well Mark will have a hard time continuing the conversation because I will be DDOSing the location he works from to prove a point. Griffith: what point where you even trying to make Griffith: i couldnt read all of it whitehat: That the claims that this site is secure is a lie whitehat: That the operators are amateurs Griffith: what aspect of the security do you think he is lieing about? whitehat: That they have a talented web security expert whitehat: Their webiste has many fundamental flaws whitehat: but beyond that whitehat: heir infrastructure is not adequate to run a financial institution Griffith: i meant provide an example. i have a BS in computing security and minored in software engineering currently going for my masters. whitehat: Well why haven't you noticed the session fixation issues? whit...

What is MAZA?

Getting Started With Mazacoin Mazacoin (or MZC) is a digital currency that requires no trust in a central authority. It’s based on the software behind Bitcoin. At its core, Mazacoin is a software program that anyone can run on their PC or Android device, and some rules for computers to communicate. This wallet software creates and keeps track of addresses. A Mazacoin address is a string of 27-34 characters that begins with an ‘M’. To send someone mazacoins, all you need to know is an address that they own. With the wallet software, you can freely generate unlimited addresses with the click of a button. Nobody else even knows that those addresses exist until you tell someone. For example, two people – Alice and Bob – use Mazacoin. Alice wants to send 5 mazacoins to Bob. This is a very simple and convenient process. First, Bob gets an address from his wallet, and tells it to Alice. Then, Alice enters that address and the amount of mazacoins to send it into her wallet a...

Adyen and Bitpay-like two peas in a pod.

CRYPO GOES FROM SHAKY UNSURE ADOLECENT INTO A REFINED CONFIDENT YOUNG ADULT BITCOIN' GETTING A LITTLE BIT OF OVER DUE VALIDITY AND RECOGNISION IN THE COMMERNCE WORLD AS OF TODAY With the announcment of Bitpay’s integration with the P.O.S OR POINT OF SALE handling company Adyen, it means now that Facebook, Spotify, and Airbnb are among a list of thousands of merchants who may accept Bitcoin after Bitpay’s integration with the giant payment processor. Adyen has announced the integration of popular Bitcoin processing platform BitPay into its checkout services. Merchants using Ayden's services will now be able to accept Bitcoin through a single preference check without any further modification of their own site's back-end. Making the announcement early on February 3 to the International Business Times, BitPay will be hoping to see conversions among some of Adyen's 3,500 merchants globally including, Groupon, Evernote, Facebook, Spotify, Uber, Vodafone...

Free Litecoins for everyone!!

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The strange journey of Doge

                         VERY BARK! MUCH WOOF! ___________________________________________     Dogecoin was created by programmer Billy Markus from Portland, Oregon, who hoped to create a fun cryptocurrency that could reach a broader demographic than Bitcoin. In addition, he wanted to distance it from the controversial history behind Bitcoin, mainly its association with the Silk Road online drug marketplace. At the same time, Jackson Palmer, a member of Adobe Systems' marketing department in Sydney, Australia, was encouraged on Twitter by a student at Front Range Community College to make the idea a reality. After receiving several mentions on Twitter, Palmer purchased the domain dogecoin.com and added a splash screen, which featured the coin's logo and scattered Comic Sans text. Markus saw the site linked in an IRC chat room, and started efforts to create the currency after reaching out to Pa...

Come check out cryptobucket!!

Though i have been to many sites and join many of them i have never really been engaged in any fashion though trying to join in on the topics or add my own and see if it sparks any interest of conversation, no one seems to really care or maybe it's me and my approach  i am not really too sure but over at the cryptobucket  they are friendly as can be and you can sign up free, there is no affiliate program or kickbacks like such, i just thought that if somewhere out there on the net there were others who felt like some of these groups and sites were a bit elitist and snobbish, then they should checkout cryptobucket  cause they totally are not and are awesome plus there is something really really cool about they site that i'm not gonna tell you here about but soon as you check it out and join you will know how rewarding the site can be just for being a a nice friendly interactive person. :)   cryptobucket.

The End of the SHACOIN???

IS THIS THE END OF THE SHACOIN FAUCET AND maybe THE SHA2 ITSELF??? I've watched this SHA2 coin faucet drain over the last two days going from this down to it's present state at this lower level. While this faucet here only gives out 5-10 sha every hour but has a stash of 79,000 SHA2 so at that rate will probably not run low for a good while. It can't beat the original that can give up to 100 SHA2 at a time, making it a very good source. hopefully someone donates to it so it wont run dry. * WELL WELL WELL, update here! not maybe 6 hours i was asleep t wake up to this.. THIS THE END, MY beautiful friend the end....maybe it will be back... who knows, sha2 dropped to .00000004 last i saw on ALLCOIN.COM so i doubt it but there are plenty of other great trading options over at Allcoin.com

OPEN SESAME! I bring you..Crypto faucets!

            OH YE PEOPLE OF MUCH COIN                                AND                                                         BRILLIANT CRYPTOLOGY! HERE ME HERE ALL AND ME NOW! FOR IT IS NONE OTHER THAN THE MAN HIMSELF ,                              FOLKS,              WON'T YOU PLEASE GIVE A ROUND OF APPLAUSE             FOR THE ON...