The Power Rangers introduced a coin inflation bug to their Bitcoin network client dubbed "Bitcoin Core" in 2016 by removing a check against double spending (archived). The bug was introduced by Matt Corallo (WoT: bluematt), advocated by Pieter Wuille (WoT: sipa), approved by Gregory Maxwell (WoT: gmaxwell) and MIT's Cory Fields, then merged by Wladimir van der Laan.
The reference Bitcoin network client maintained by the Bitcoin Foundation is unaffected by the bug introduced into the forked "Core" client.
Josh Garza of GAW miners infamy has been sentenced to 21 months in prison to be followed by 6 months of home confinement and 3 years of "supervised release" after pleading guilty to one count of wire fraud. The wire fraud relates to Garza's "paycoin" altcoin with the rest of his vaporware operation swept under the criminal liability rug.
The International Monetary Fund has issued a report containing numerous threats against the Marshall Islands over the latter's early stage explorations into reducing their economy's USD dependence (archived). After being forcibly captured by the USG during in the 1940's and used for target practice while the USG was developing nuclear weapons, the Marshall Islands achieved a negotiated dependent-independence from the US while maintaining the bezzle-USD as their currency.
For much of the history of money in the Marshall Islands, the USD worked because they recieved USD reparations over being used for target practice, but those payments are about to run out. Without that stable ingress of Unified Standard Dosidoes the Marshall Islands is asking themselves what to do while the USG backed IMF tells them to fuck themselves.
The Bangkok post reports that 22 year old Finnish man Aarni Otava Saarimaa allegedly gave a fortune of 5564.4 Bitcoins to a group of Thai men offering him the opportunity to invest in an online casino and an altcoin project they dubbed "Dragon Coin" (archived). Reportedly the Thai men instead converted the fortune into 797 million bhat of which 745 million bhat made it into their bank accounts. In a very Tradehillesque move, many of those bhat were further converted to real estate.
Local police have arrested a number of Thai men for connection to the plot while others they would like to arrest have fled, including one to the United States. Local police are insisting that despite earlier local reports which alleged a number of local politicians were involved, there were no politicians involved in fingering the Finn's Fortune.
A report investigating a Denial of Service botnet has revealed a substantial number of wireless gateways emplaced in emergency vehicles and around numerous USG infrasctructure sites that are full of holes (archived). These ready bake botnet nodes are embedded in networks as varied as airports, hydrogen refueling stations, and ambulance fleets. In addition to being recruited into producing poor internet weather, when installed in vehicles they can allow tracking the vehicle with sufficient resolution to guess what kind of vehicle: police, fire fighting, etc is ferrying around the vulnerable wireless gateway. Fixed installations of the vulnerable gateways has in several cases been documented as motivated by a desire to provision emergency access to the networks so compromised by the device's installaton.
Fifty year old Theresa Lynn Tetley, who did business on LocalBitcoins as "Bitcoin Maven", was sentenced to 366 days in prison and ordered to forfeit 40 Bitcoins, 292,264.00 USD in cash, and 25 gold bars after pleaing guilty to single counts of operating an unlicensed money transmitting business and money laundering (archived). The Bitcoin matron unknowingly began doing business with an undercover DEA agent in 2016 and according to the plea knowingly agreed to trade on entrapping terms insisted on by the DEA agent. Guilty pleas remain harmful to your future as they always were.
Bitcoin has been mentioned for the first time in the US Supreme court decision 'Wisconsin Central Ltd. v. United States' on the the Railroad Retirement Tax Act of 1937 (archived). In a decision which determined that stock options are not cash compensation, Stephen Breyer dissented and attempted to weasel that stock options are equivalent to cash with:
Does a stock option received by an employee (along with, say, a paycheck) count as a “form”—some form, “any form”—of “money remuneration?” The railroads, as the majority notes, believe they can find the answer to this question by engaging in (and winning) a war of 1930’s dictionaries. I am less sanguine. True, some of those dictionaries say that “money” primarily refers to currency or promissory documents used as “a medium of exchange.” See ante, at 2–3. But even this definition has its ambiguities. A railroad employee cannot use her paycheck as a “medium of exchange.” She cannot hand it over to a cashier at the grocery store; she must first deposit it. The same is true of stock, which must be converted into cash and deposited in the employee’s account before she can enjoy its monetary value. Moreover, what we view as money has changed over time. Cowrie shells once were such a medium but no longer are, see J. Weatherford, The History of Money 24 (1997); our currency originally included gold coins and bullion, but, after 1934, gold could not be used as a medium of exchange, see Gold Reserve Act of 1934, ch. 6, §2, 48 Stat. 337; perhaps one day employees will be paid in Bitcoin or some other type of cryptocurrency, see F. Martin, Money: The Unauthorized Biography— From Coinage to Cryptocurrencies 275–278 (1st Vintage Books ed. 2015). Nothing in the statute suggests the meaning of this provision should be trapped in a monetary time warp, forever limited to those forms of money commonly used in the 1930’s.
The single mention of the word 'Bitcoin' has generated substantial headlines, but the real story here is how far Breyer is willing to go in an effort to help the criminal gang in Washington DC pick a few more pockets.
The worthless Forkcoin known as "Bitcoin Gold" is even more worthless having been hit by double spending and 51% attacks demonstrating that its deviant blockchain lacks sufficient interest and value to attract sufficient mining activity. Much like the Roger Ver-ified "Bitcoin Cash" Forkcoin, "Bitcoin Gold" was split from the Bitcoin Blockchain via hardfork by a marginal crew with odd politics and like "Bitcoin Cash" failed to attract sufficient serious interest to matter.
The hill on which the "Bitcoin Gold" crew chose to die was changing the mining algorithm to a GPU mining friendly memory hard algorithm of recent publication dubbed "equihash" leaving their blockchain's security to the mercy of altcoin miners with GPU farms and no particular loyalty to any of the non-Bitcoin blockchains they mine. The meteorological risk of circumstances aligning to make these attacks the natural, economically rational choice for miners looms over every purported "cryptocurrency" blockchain that fails to attract sufficient value to actually be Bitcoin.