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Russian Engineers Arrested for Mining Bitcoin at Federal Nuclear Center

A team of Russian nuclear engineers have been arrested for allegedly using a powerful government supercomputer at the Federal Nuclear Center to mine Bitcoin. In a statement, the center’s press service said: “There has been an unsanctioned attempt to use computer facilities for private purposes including so-called mining.” The supercomputer was not supposed to be […]

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First Bitcoin to Bitcoin Luxury Real Estate Sale Completed

A cryptocurrency investor has sold his luxury Miami home for 455 Bitcoin making it the most expensive Bitcoin to Bitcoin real estate transaction to date. Miami Mansion sold for Bitcoin Michael Komaransky initially listed his seven-bedroom home in Miami’s wealthy Ponce Davis neighborhood for 6.5 million dollars payable in either cash or Bitcoin in August 2017. He told […]

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The Downside of Tracking Bitcoin on the Blockchain

Marc Hochstein is the managing editor of CoinDesk. The views expressed here are his own, so don’t blame his co-workers. The following article originally appeared in CoinDesk Weekly, a custom-curated newsletter delivered every Sunday exclusively to our subscribers. Picture two $1 bills. One is crisp and immaculate, newly arrived from the U.S. Mint. The other is crumpled […]