At a bail hearing in a Manhattan courtroom on Thursday, a federal prosecutor revealed that Ross William Ulbricht allegedly ordered the murders of six people, and that more than 450,000 bitcoins of his personal fortune are still unaccounted for.
Why Twitter has staying power, a progressive pitch in NYC, play with your pet remotely via Petcube, putting the iPad Air through the ringer, why small businesses should love Bitcoin. This week's notable news and tantalizing tidbits for entrepreneurs.
Bitcoin is a decentralized digital currency that can be exchanged directly from peer to peer created by an unknown person who went by the alias “Satoshi Nakamoto” who published the bitcoin payment system in 2009. Some of the advantages of using bitcoin is that purchases can be made without any middle men or transaction fees and can be made anonymously.