With MtGox effectively dead, Bitcoin can now enter the third stage of evolution, explains BitGo CEO Will O'Brien in an extensive essay. More »
Erik Voorhees, a respected Bitcoin entrepreneur who created SatoshiDice and now runs Coinapult, shares his views about MtGox and the future of Bitcoin. More »
Hollywood could learn a lot from Silk Road 2 about heightening stakes and creating suspense in this epic whodunnit thriller where 4000 bitcoins were stolen! More »
In this extensive video, Bitcoin Leah interviews Brock Pierce, Alan Meckler, Sam Cole, and companies including BitGo, GoCoin, Lamassu and more. More »
Australian Online Retailer Millennius Now Accepts Bitcoin
Australian online electronics retailer Millennius declared that it will be the first major Australian online retailer to accept Bitcoin.
As reported at iTWire, Millennius founder Pierre Boutros said the retailer is always looking for ways to make purchasing online easier for consumers, both in Australia and throughout the world. “Bitcoin is becoming a far more common payment mechanism for online transactions, with many global online businesses adding the functionality,” Mr Boutros said. “We’re proud to be the first major Australian online retailer offering the Bitcoin payment system and we look forward to it making our growth in the new markets in the US and the UK later this year even easier.”
All products in the Millennius site are now available for purchase using Bitcoin, while credit card and bank transfer payment functionality also remain for those customers that prefer them.
Millennius is also accepting competing currency Litecoin.
“Millennius is all about creating great products at great prices, and offering the best deal on brand name consumer electronics. The addition of Bitcoin and Litecoin as payment options can only help with our ability to offer great deals to wider customer base,” Mr Boutros said.
via iTWire.
CC image by marc falardeau
How to Tip with Bitcoin on Reddit – bitcointip
bitcointip at Reddit
The team over at The Next Web spotted a cool new trick on Reddit that lets you tip with Bitcoin.
Reddit recently introduced a system by which users can ‘mention’ other users; that capability opened the door for users of /r/Bitcoin to create a bot that allows for tipping.
The tipping service is now open to all Reddit subreddits, and all users, making it a site-wide experience. Details on how to get yourself up and running can be found here. In practice, the tipping is quite simple:
To tip the parent comment/post one dollar:
+/u/bitcointip $1
To tip user Bob .5 BTC:
+/u/bitcointip @Bob .5 BTC
It’s a simple, neat method to reward other users for behaving in a way that you approve of. The obvious analog to this new – albeit user-generated – capability is Reddit’s official system by which users can give each other ‘Gold,’ the service’s premium user experience that costs a few dollars.
If you want to dig a bit more deeply, /r/BitcoinTip is the place to go.
CC image by JefferyTurner
Full List of 35 Domains Seized in the Wake of Liberty Reserve Money Laundering
35 Domains Seized by the Government
The Justice Department has published a list of all exchanger domain names seized in the money laundering scandal that brought down Liberty Reserve. Note that many of these money exchangers have nothing to do with Bitcoin, but the scope of this news highlights the regulatory risks of running alternative currency exchanges.
There are 35 domains, all listed below and available here.
ABC-EX.NET
ABSOLUTEXCHANGE.EU
ALERTEXCHANGER.COM
CENTREGOLD.CA
DUYDUYCHANGER.COM
E-NAIRA.COM
EBUYGOLD.COM
ECARDONE.COM
EDEALSPOT.COM
ELECTRUMX.COM
ENTELNOVA.COM
EPAYMONSTER.COM
EXHERE.COM
GETEMONEY.COM
GOLDEXPAY.COM
GOLDMEDIATOR.COM
GOLDNAIRAEXCHANGE.COM
INSTANTGOLDNG.COM
INTEXCHANGE.COM
JTGOLD.COM
M-GOLD.COM
MAGNETIC-EXCHANGE.COM
MEWAHGOLD.COM
MI-BILLETERA.COM
MONEYEXCHANGE.VN
NICCIEXCHANGE.COM
NIGERIAGOLDEXCHANGER.COM
SUPERCHANGE.RU
TACOAUTHORIZED.COM
TUKARDUID.COM
UKRNETMONEY.COM
VELAEXCHANGE.COM
WEBMONEY.CO.NZ
WM-CENTER.COM
WMIRK.COM
Top Bitcoin News Last Week: Liberty Reserve, Seattle Mayor, Mt. Gox, and More
Bitcoin News
A roundup of the top Bitcoin news from May 27 to June 1:
Monday, May 27
Wednesday, May 29
Thursday, May 30
Friday, May 31
Saturday, June 1
Bitcoin Now Accepted at VectorToons Art Marketplace via BitPay
VectorToons will use BitPay to Accept Bitcoin
VectorToons.com, a royalty-free PDF vector illustrations website, announced that the website will now accept Bitcoin as a payment method.
“Our company was among the first to accept Paypal when they were a startup,” said owner and founder of Yourbrain Media Inc. Brad Gosse. “Bitcoin is a secure, legitimate currency being used in high volumes online. Since many of our customers are early adopters, we need to be as well.”
The website will use BitPay, an electronic payment processing system for the Bitcoin currency, to calculate the current U.S. dollar to Bitcoin exchange rate. It will then give the customer a payment address upon checkout.
“If you already have a Bitcoin wallet, it’s extremely easy,” said Gosse. In addition to Bitcoin, the website also accepts Paypal and credit cards.
The VectorToons.com website allows people to buy only the graphics that they want without a subscription or the purchasing of credits. The clip art, available as a high-quality PDF download, is royalty-free and can be used in an array of projects, from websites and videos, to sales letters and in print advertising. The PDF format allows easy conversion to other popular formats like PNG, JPEG and GIF.
“I created the site mainly because I find it hard to find good vector art at reasonable prices,” said Gosse. “I have had my own full -time cartoonists on staff for a long time and decided to open my exclusive catalog to other designers. A dollar for vector art is unheard of in the design world, so I figured let’s make it affordable for everyone.”
Currently, the site has over 1000 images to choose from, but Gosse says more will be added daily. The site features artwork of people, animals, icons, food items, holiday-related graphics and other objects. The website allows you to browse by category or search by keywords.
Using vector graphics in your sales letters, products, books and advertising helps to improve your message and can increase sales says Gosse.
“Since hiring my own cartoonists over a year ago, my sales copy conversions have more than doubled,” said Gosse.
