Machinecoin - free and decentralized peer-to-peer cryptocurrency.
The Machinecoin is a free and decentralized cryptocurrency that was created on the basis of Litecoin and Bitcoin. Get your wallet for Windows, Linux, Mac OS X and Android: http://machinecoin.org.
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Machinecoin - free and decentralized peer-to-peer cryptocurrency. - Video
Updated JUN 18, 2014 3:51p ET
The mysterious cryptocurrency Bitcoin is now the host of a real, actual college football bowl game, named the Bitcoin St. Petersburg Bowl.
Indeed Bitcoin is a cryptocurrency, not a business or sentient body: The money for the three-year sponsorship is actually coming from BitPay, a Bitcoin brokerage startup headquartered in Atlanta that provides payment processing for businesses that accept Bitcoin.
The deal betweenESPN Events and BitPay to replace Beef O'Brady's as the naming sponsor is for three years, from this season's December 26 game and through 2016.According to its new conference affiliation, the bowl features one team from the ACC and an opponent from the American Athletic Conference.
Will the Bitcoin St. Petersburg Bowl enjoy a long-running sponsorship like Tostitos and the Fiesta Bowl for 18 years, or will it go down as a random, comical footnote, like theGalleryfurniture.com Bowl (2001), thePoulan Weed Eater Independence Bowl (a decent six-year from beginning in 1990), or Roady's Truck Stops Humanitarian Bowl (2007-09)?
Bitcoin has been quite volatile thus far, so we shall see. As far as the Bitcoin Bowl player swag bags it could get weird.
[H/T Deadspin]
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Bitcoin sponsors bowl game
Summary: For now, at least, Japanese authorities will not take steps to regulate cryptocurrency.
Japan's Liberal Democratic Party, the current leading power in the country, will not regulate Bitcoin -- at least for now.
After the collapse of once-dominant Bitcoin exchange Mt. Gox, based in Tokyo, Japanese authorities held talks to decide whether the virtual currency required regulation. In February, the Bitcoin trading post suddenly closed its doors after losing approximately 850,000 BTC, worth $450,000 at the time. Several months later, the shuttered exchange which lost customer funds due to years of systematic cyberattacks that went under the radar said it had rediscovered 200,000 BTC in old wallets.
While few details have been officially released concerning the demise of the Bitcoin exchange, it is believed that poor security and flawed accountancy practices allowed such a vast amount of the cryptocurrency to vanish, resulting in the firm's bankruptcy. The company is now officially under US bankruptcy protection, and has also applied for the same protection in Japan.
Governmental bodies around the world are considering how, if at all, to regulate virtual currency. The high-profile failure of the Bitcoin exchange has left regulators concerned about protecting investments, and questioning whether the decentralized currency which is not overseen by any central bank should be brought under control. In Japan, officials have decided that pushing through legislation to control cryptocurrency is not appropriate at least, for now. On Thursday, Takuya Hirai, an LDP lawmaker and leader of the Japanese party's Internet media unit, said:
Basically, we concluded that we will, for now, avoid a move towards legal regulation.
China, however, has taken a hard line with Bitcoin, and has strangled virtual currency-based businesses in the country. The People's Bank of China (PBOC) ruled from April that banks and payment firms had to stop trading in the currency, and all the accounts opened by the operators of websites that trade in cryptocurrency had to close, or be frozen.
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Japan's ruling party drops Bitcoin regulation plans
On the second anniversary of Julian Assange's dramatic arrival at the Ecuadorian embassy, he shows no sign of leaving. And Britain and Sweden show no signs of letting him leave without marching him down to the nearest police station. So what are the options for the WikiLeaks founder? Stay put forever, face the music, hope for a law change? Or is it all one massive distraction anyway?
We ask close friends and associates of Assange, as well as tech experts and extradition lawyers where Assange will be, in five years time.
The US pledges not to prosecute Assange and the WikiLeaker is free to pursue his interests - after facing questioning in Sweden Jennifer Robinson, legal advisor to WikiLeaks and director of legal advocacy for the Bertha Foundation
"Ideally, Julian will be able to travel freely around the world as an Australian or Ecuadorian citizen without fear of prosecution for publishing material in the public interest. The US will have seen the error of its ways and the adverse impact on free speech caused by the WikiLeaks grand jury and will have given assurances he would not be prosecuted or extradited.
"Sweden will take his testimony and let that process run its course so he has a chance to clear his name and, after a public inquiry into the mishandling of his case, change its laws on pre-trial detention much like the UK has already amended its Extradition Act to prevent extradition without charge to prevent anyone else suffering the injustice Julian has suffered. None of this is unreasonable: simply asking the states involved to respect due process and international human rights standards and, indeed, in the case of the US respect its own Constitution.
"If not, he will still be stuck inside that embassy at a cost of 20m to UK taxpayers (on current police costs for surveillance of the Ecuadorian embassy in London) unless Sweden, the UK and the US show political will towards resolving this situation."
Result: Putting his doubts aside, Assange accepts President Hilary Clinton's promise not to ask for his extradition. He faces questioning in Sweden, and rehabilitates WikiLeaks.
Ecuador throws out Assange to the mercy of the UK police Extradition Law Expert Julian Knowles QC, of Matrix Chambers
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Will WikiLeaks Julian Assange Still Be In The Ecuadorian Embassy in Five Years Time? Here's 10 Guesses From People Who ...
Analysis
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Leaked documents indicate international moves that could override Australian financial regulations: Malcolm Maiden analyses the opportunities and dangers for local businesses.
The Trade in Services Agreement document that WikiLeaks has obtained is arcane, but it shows that Australia, the United States, the European Union and 20 other large and small countries are talking about unprecedented mutual access to their financial service sectors.
The question to be answered as negotiations continue is whether Australia can collect gains that outweigh potential losses in its power to regulate its own highly regarded financial sector, including its ability to decide what financial services groups come to this country, and the circumstances in which they come.
The new agreement would take into account the globalisation of markets since the 1995 creation of another multilateral agreement, the General Agreement on Trade in Service (GATS).
It contemplates data processing exchanges, and dispute resolution mechanisms that could override local rules and regulations that are deemed to be protectionist. Financial groups in countries that have signed the agreement could also more easily establish themselves and expand in other countries that have signed up.
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Expansion by acquisition would be possible, and one of several small South American countries negotiating the accord, Panama, wants no ''numerical restrictions'' on how expansion occurs.
Australia has one of the most open and deregulated financial markets in the world. Its financial markets are not rule-free, however, and the new services trade agreement has the potential to conflict with or even override rules that are in place.
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WikiLeaks financial services trade agreement needs to help Australia
The UK Government cancelled a working group set up with Ecuador to find a way of resolving the future of Julian Assange, the WikiLeaks founder has claimed. Foreign Secretary William Hague agreed to the group after meeting Ecuador's foreign minister Ricardo Patino last year to discuss Mr Assange, who has been living in refuge in Ecuador's embassy in London for the past two years.
On the eve of the second anniversary of Mr Assange's dramatic arrival at the embassy, he revealed that the working group was not meeting. In a conference call from the embassy, the WikiLeaks publisher said a six-member team had been established during Mr Patino's visit to London with the intention of studying legal and diplomatic issues.
Mr Assange said that following the granting of asylum last year by Russia to US whistleblower Edward Snowden, the UK Government had "unilaterally" cancelled the working group. Mr Assange has been granted political asylum by Ecuador as he fights to avoid extradition to Sweden, where he faces sex allegations by two women.
He fears that if he goes to Sweden he will be taken to the United States, where a long-running investigation is continuing into WikiLeaks and its involvement with former solder Chelsea Manning, who has been jailed for 35 years over the leaking of secret intelligence.
Jennifer Robinson, a legal adviser to WikiLeaks, said a fresh challenge will be made next week to the Swedish authorities after "new information" was received. Mr Assange has offered to be interviewed by Swedish investigators inside the London embassy, but they have declined to travel to the UK to question him about the allegations.
Mr Robinson added that a letter from more than 30 free speech organisations will be sent to the US attorney general Eric Holder next week calling for him to "close down" the investigation into WikiLeaks. Mr Assange said Mr Holder should drop the four-year long investigation or resign, accusing the official of using "weasel words" when asked about the case.
Asked how he was coping with living inside the embassy, housed in a small building close to Harrods in Knightsbridge, Mr Assange said other people were in far more difficult positions, including Chelsea Manning. He also criticised the Metropolitan Police for "gathering intelligence" from people who visit him inside the embassy.
The police operation, which involves a 24-hour guard outside the building, has cost several million pounds. Mr Assange claimed police were "aggressively demanding" addresses and identity details from people who visit him, which he said caused difficulties for him in his ongoing work for WikiLeaks.
He said he had been watching World Cup games - supporting Ecuador - but said the reception wasn't good. "Perhaps that makes it difficult for the bugs to travel through the walls as well."
Michael Ratner, Mr Assange's US legal representative, said the investigation in the US had not "lessened" since it was launched four years ago. He said he believed the WikiLeaks founder would face similar treatment to Chelsea Manning if he was extradited to the US, including solitary confinement, being held in underground cells and a lengthy prison sentence.
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Assange Working Group Cancelled On Eve Of WikiLeaks Founder's Second Year In Asylum
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BERLIN National Security Agency leaker Edward Snowden is rejecting calls to meet in Moscow with a German parliamentary inquiry into the extent of surveillance by the U.S. and its allies.
Lawmakers from the inquiry panel had hoped to travel to Moscow soon for an informal meeting with Snowden. The plan emerged after opposition parties demanded that Germany allow Snowden to come to Berlin to testify but the government said doing so would hurt relations with the U.S.
Snowden's German lawyer, Wolfgang Kaleck, wrote to the committee Friday that he discussed the matter with Snowden and there is "no room or need for an oral, 'informal' meeting in Moscow," where the American has temporary asylum, the news agency dpa reported. He argues substantial testimony is only possible in Germany.
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Snowden rejects call for meeting in Moscow with German parliament's NSA inquiry panel
Kuala Lumpur: Edward Snowden does not appear to have taken as much as originally thought from NSA files, The Washington Post reported late Thursday.
The damage is still "profound" from the former NSA contractor who blew the cover on vast US surveillance programs of everything from everyday people's phone calls to intrusions into high-tech companies' servers, Director of National Intelligence James Clapper said, according to the Post.
Still, "it doesn't look like he took as much" as first thought, Clapper was quoted as saying in what the Post called a rare interview Tuesday.
"We're still investigating, but we think that a lot of what he looked at, he couldn't pull down," Clapper said.
"Some things we thought he got he apparently didn't," the director was quoted as saying.
The Post said this view contrasts with the initial worse-case scenario in which the US intelligence community assumed that Snowden, who faces espionage charges, "compromised the communications networks that make up the military's command and control system."
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Edward Snowden Damage Apparently Less than Feared: Report
By Lambert Strether of Corrente.
Paul Jay of The Real News Network interviews Michael Ratner on the revelations of Edward Snowden; the first Guardian story ran on June 5. Ratner is President Emeritus of the Center for Constitutional Rights (CCR) in New York and Chair of the European Center for Constitutional and Human Rights in Berlin. Ratner is currently a legal adviser to Wikileaks and Julian Assange. Heres the video:
More at The Real News
June 5. Has it really been such a short time? Or so long a time? Ratner explains:
[W]ere recording this on June 5, which is Thursday, which is the day the first article based on Snowden documents appeared in The Guardian. .. And its also the second anniversary or coming on the second anniversary of two years of Julian Assange in the Ecuadorian embassy. Thatll be June 19. So the anniversaries in June are quite important.
Lets go back to the first story, the first story of June 5, the work of Glenn Greenwald, Laura Poitras. They had gotten to Hong Kong a few days before that. They met Edward Snowden. They met with him on June 3. And they do the first story, which I said is a FISA (Foreign Intelligence Surveillance Act) court order, secret court order, concerning Verizon in particular, but saying that Verizon had to turn over all of the metadata on our phone calls in the United States and elsewherebasically, how long, what cell towers theyre from, all kinds of information. And from that, of course, they make a tree of everybody, whos in contact with who, and they get a huge range of information about it. That was the first story, a big story, because it was a misinterpretation, in many of our views, by the secret court of the FISA powers, of the Foreign Intelligence Act powers. And it also showed just how pervasive the surveillance is.
Second day, June 6, which will be an anniversary of, on this Friday, the day after tomorrow, they expose the PRISM story. Thats the NSA has direct access, through our computers, through Google, Facebook, Apple, and other U.S. internet giants, to data held by those internet giants, our actual content of our datamy emails, etc., another huge story.
This year, Edward Snowden Day, June 5, was also #ResetTheNet Day, of which Edward Snowden wrote:
Today, we can begin the work of effectively shutting down the collection of our online communications, even if the US Congress fails to do the same. Thats why Im asking you to join me on June 5th for Reset the Net, when people and companies all over the world will come together to implement the technological solutions that can put an end to the mass surveillance programs of any government.
We have the technology, and adopting encryption is the first effective step that everyone can take to end mass surveillance. Thats why I am excited for Reset the Net it will mark the moment when we turn political expression into practical action, and protect ourselves on a large scale.
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June Fifth: “Edward Snowden Day” Except Not. Yet.