Bitcoin News and Updates November 23, 2014 - #Bitcoin Marketcap lowdown
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Bitcoin News and Updates November 23, 2014 - #Bitcoin Marketcap lowdown - Video
Bitcoin News and Updates - November 23, 2014 , First U.S. Based charity to accept #Bitcoin
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Bitcoin News and Updates - November 23, 2014 , First U.S. Based charity to accept #Bitcoin - Video
Bitcoin News - Changetip goes viral
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Changing Home Page in Opera
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L.A. Bitcoin Meetup with Brock Pierce Micah Winkelspecht - The Bitcoin Game Episode 5
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Consensus Without Mining - Beyond Bitcoin Episode 21
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Bitcoin Minesweeper - Coin Sweeper
Are you wondering about playing at the Bitcoin Minesweeper site Coin Sweeper? Then you need to watch our video review of Coin Sweeper before you play! To play coin-sweeper go to ...
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Bitcoin News and Updates - November 25 2014 - Butterfly Labs and #Bitcoin
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This is the final installment in a three-part interview with Stanford Business School professor and economist Susan Athey on digital currencies. In part 1, we discussed what Bitcoin is and what potential applications are, and in part 2, we looked at the security pros and cons of cryptocurrencies, plus hurdles to adoption.
Today, we talk about who will benefit from digital currencies and a new Bitcoin experiment Athey is helping to conduct in which each MIT undergrad willreceive $100 in Bitcoin.
Tell me about the experiment you are conducting with Bitcoin at MIT. What do you hope to find?
One of the questions thats still an open question is whether, if all your friends had Bitcoin, if you would find it useful to use Bitcoin too. Right now, people dont use Bitcoin to split checks, because for every person who has Bitcoin, most of their friends dont. But if you had a whole community of people who all had Bitcoin, would they find this to be more convenient than using cash or other options?
Stanford Business School professor Susan Athey (Peter Tenzer)
By seeding an entire community with Bitcoin, we can test the hypothesis that its lack of community adoption thats keeping people from using Bitcoin. Another hypothesis is that maybe it just doesnt provide that much value above cash or other alternatives. One of the challenges the experiment will face is that, though this isnt as broadly used in the general population, theres a service called Venmo thats been bought by Paypal that allows people to send money through mobile phones quickly and cheaply. So, for a lot of MIT students already using Venmo, the benefits of Bitcoin might be lower.
You asked earlier, why dont banks make your money available immediately [when making person-to-person transfers], but if you use Venmo, you can send money between your friends free and instantly. Venmohas made the business decision to make the money available to you even though it takes time for the money to actually move, because its verified both of you and authenticated your bank accounts, and it can see you have the money in you bank account. Venmo isnt taking much of a risk in doing that.
One hypothesis is that MIT undergrads might think that Venmo and cash are perfectly fine for their money transfer needs, and they dont really need a digital currency. The other hypothesis is that digital currency does provide a lot of value and if a lot of your friends have it, youll find it even more convenient to use. One of the issues with Venmo is that you still have to get the cash in and out of Venmo [into or out of your bank account]. Now, with Bitcoin thats also a problem, but if a lot of your friends have bitcoins, they can buy and sell them from each other. Imagine just sitting in your dorm room, looking on the internet and seeing what the exchange rate is and saying, I could use some bitcoin. I might respond, Oh, I have some bitcoin to sell, so I could just sell you some bitcoins and get cash right away. You could hand me a $100 bill and I can use my phone to scan the QR code of your bitcoin wallet and I push a button and send you some bitcoin. So if all my friends have it, it becomes easy and costless for me to move in and out of it and I dont need to use these middlemen.
What if they want to use bitcoin to buy a coffee?
The other aspect of the experiment is that since the Kendall Square businesses knew the MIT students were getting bitcoin and would want something to spend them on, a lot of the Kendall Square businesses are now accepting bitcoins. A merchant can accept bitcoin very easily, because there are these services that allow you to accept bitcoin as a merchant but then will just pay you in cash. So a coffee shop links its bank account to a service like Bitpay, and the student pays with bitcoin, and Bitpay will immediately transfer dollars to the coffee shops bank account, so it doesnt actually need to touch bitcoin. It doesnt have to worry about losing its relationship with its bank or exchange rates or anything like that. Bitpay takes care of all of that. The merchant likes this better than credit cards, because Bitpay would take a lower fee than credit cards, and there would be no fraud and no chargebacks. After the person sends the bitcoin, the transactions done. So its a very merchant-friendly solution, whereas credit cards are a consumer-friendly solution, because the credit cards allow you to call up later and say, no, that wasnt me, and the merchants out the money.
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Who Will Benefit From Digital Currency? Bitcoin Experiment Gives A Glimpse
Bitcoin is the new money: minted and exchanged on the Internet. Faster and cheaper than a bank, the service is attracting attention from all over the world. But a big question remains: are the transactions really anonymous? Several research groups worldwide have shown that it is possible to find out which transactions belong together, even if the client uses different pseudonyms. However it was not clear if it is also possible to reveal the IP address behind each transaction. This has changed: researchers at the University of Luxembourg have now demonstrated how this is feasible with only a few computers and about 1500.
"It's hard to predict the future, but some people think that Bitcoin could do to finance what the Internet did to communications," says Prof. Alex Biryukov, who leads digital currency research at the University. "So I think especially for Luxembourg it is important to watch what happens with Bitcoin."
The Bitcoin system is not managed by a central authority, but relies on a peer-to-peer network on the Internet. Anyone can join the network as a user or provide computing capacity to process the transactions. In the network, the user's identity is hidden behind a cryptographic pseudonym, which can be changed as often as is wanted. Transactions are signed with this pseudonym and broadcast to the public network to verify their authenticity and attribute the Bitcoins to the new owner.
In their new study, researchers at the Laboratory of Algorithmics, Cryptology and Security of the University of Luxembourg have shown that Bitcoin does not protect user's IP address and that it can be linked to the user's transactions in real-time. To find this out, a hacker would need only a few computers and about 1500 per month for server and traffic costs. Moreover, the popular anonymization network "Tor" can do little to guarantee Bitcoin user's anonymity, since it can be blocked easily.
The basic idea behind these findings is that Bitcoin entry nodes, to which the user's computer connects in order to make a transaction, form a unique identifier for the duration of user's session. This unique pattern can be linked to a user's IP address. Moreover, transactions made during one session, even those made via unrelated pseudonyms, can be linked together. With this method, hackers can reveal up to 60 percent of the IP addresses behind the transactions made over the Bitcoin network.
"This Bitcoin network analysis combined with previous research on transaction flows shows that the level of anonymity in the Bitcoin network is quite low," explains Dr. Alex Biryukov. In the paper recently presented at the ACM Conference on Computer and Communications Security the team also described how to prevent such an attack on user's privacy. Software patches written by the researchers are currently under discussion with the Bitcoin core developers.
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The above story is based on materials provided by Universit du Luxembourg. Note: Materials may be edited for content and length.
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Bitcoin, virtual money: User's identity can be revealed much easier than thought
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Investing.com - Bitcoin prices edged lower on Wednesday, as the virtual currency community prepared to hold its own Black Friday event later in the week.
Bitcoin (BTC/USD) fell $5.64, or 1.49%, to trade at $372.36 on Slovenia-based BitStamp during U.S. morning hours.
The price of a bitcoin on Bulgaria-based BTC-e slumped $1.70, or 0.46%, to trade at $369.30, while prices on Singapore-based itBit dropped $6.03, or 1.6%, to trade at $371.00.
According to the CoinDesk Bitcoin Price Index, which averages prices from the major exchanges, prices of the crypto-currency lost $3.68, or 0.98%, to trade at $372.04.
More than 1,200 merchants are expected to take part in the third annual Bitcoin Black Friday event later this week.
Last year, the number of merchants totaled 600 merchants, with sales hitting $6 million.
According to Bitpay, BitcoinBlackFriday.com hit 100,000 visitors last year, with analysts expecting this year's traffic to be significantly higher.
Meanwhile, the U.S Marshals Service will auction 50,000 Bitcoins, worth nearly $19 million, on December 4. The coins were seized in connection with online drug marketplace Silk Road 2.0.
Meanwhile, euro-denominated Bitcoin prices (BTC/EUR) eased down 0.19, or 0.06%, to trade at 300.99 on U.S.-based Kraken Exchange.
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Bitcoin edges lower ahead of Black Friday, U.S. Marshals auction
Last updated at 08:59, Wednesday, 26 November 2014
Workington Comets have re-signed fans favourite Rene Bach for the 2015 season.
Rene Bach
The club has announced that the 24-year-old Danish speedway star will embark on his fourth consecutive season with the west Cumbrians next year.
Bach, who skippered Comets to the Premier League play-offs last season, becomes the second Danish rider to sign for Comets for next season.
Bach joins fellow countryman Kenneth Hansen, 27, in agreeing to ride at Derwent Park, while Australian Mason Campton also re-signed at the end-of-season do in October.
Comets owner Laura Morgan said: We are all extremely pleased that Rene will be with us once again next season.
I know many supporters were left wondering if he would return following his speech at our last meeting but we certainly wanted him back and he said that Workington was the only place he wanted to be. So doing a deal was pretty easy in the end.
Without question he has a lot more to give and he is certainly capable of increasing his average substantially. Additionally, with his experience and outlook he brings a lot more to the team than the points he scores on the track.
He is always suggesting things that may improve the team and we certainly value his opinion.
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Last updated at 20:24, Tuesday, 25 November 2014
Workington Comets have re-signed fans favourite Rene Bach for the 2015 season.
Champion: Comets Rene Bach, a popular winner of Cumberland Open
The club announced tonight that the 24-year-old Danish speedway star will embark on his fourth consecutive season with the West Cumbrians next year.
Bach, who skippered Comets to the Premier League play-offs last season, becomes the second Danish rider to sign for Comets for next season.
Bach joins fellow countryman Kenneth Hansen, 27, in agreeing to ride at Derwent Park in 2015, while Australian Mason Campton also re-signed for Comets at the end-of-season do in October.
Comets owner Laura Morgan said: We are all extremely pleased that Rene will be with us once again next season.
I know many supporters were left wondering if he would return next season following his speech at our last meeting but we certainly wanted him back and he said that Workington was the only place he wanted to be, so doing a deal was pretty easy in the end.
Without question he has a lot more to give and he is certainly capable of increasing his average substantially. Additionally, with his experience and outlook he brings a lot more to the team than the points he scores on the track.
He is always suggesting things that may improve the team and we certainly value his opinion.
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November 25, 2014 - American Hockey League (AHL) Utica Comets Utica Comets Director of Hockey Operations Pat Conacher announced today that the Vancouver Canucks have reassigned goaltender Joe Cannata to the Utica Comets from the ECHL Ontario Reign.
Cannata, 24, currently leads all ECHL goaltenders in goals-against average (1.77) and ranks third in save percentage (0.934). He has allowed just 16 goals in nine games with Ontario and has posted a 5-3-0-1 record with a shutout. He was named the ECHL Goaltender of the Week on Oct. 21, following the first weekend of the season.
The Wakefield, Mass. native appeared in 28 games with the Comets last season and went 11-12-1-3 with a 2.83 goals-against average and a 0.907 save percentage. He finished the season strong by winning seven of his last nine starts with just a 2.08 goals-against average.
A sixth-round selection (173rd overall) of the Canucks in the 2009 NHL Entry Draft, Cannata played four years at Merrimack College from 2008-12, where he appeared in 122 career games posting an overall record of 59-46-16 with seven shutouts, a 2.47 goals-against average and a save percentage of .915.
For a complete schedule of Utica Comets games, as well as ticketing information, visit http://www.uticacomets.com.
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November 25, 2014 - American Hockey League (AHL) Utica Comets The holiday season is here and the Utica Comets are your one-stop shop for the hockey fans on your list. The holiday ticket packages will go on sale and the Comets team store will open at 7 a.m. for Black Friday shoppers.
The Comets team store will be open from 7 a.m. until 12 p.m. and then reopen prior to the Comets game against Adirondack at 7 p.m.
The Comets will be offering two ticket packages this holiday season. The Hat-Trick Package includes three vouchers that can be redeemed for any Comets home game during the 2014-15 regular season, two tickets to see the Comets face the Rochester Americans on Wednesday, Feb. 11, a Utica Comets Santa Hat and a Comets mini hockey stick, all for just $75.
The All-Star Package includes one ticket to the AHL All-Star Classic presented by Turning Stone Resort and Casino, two vouchers that can be used at any Comets 2014-15 regular season home game, and one ticket to the Comets game vs. Rochester on Feb. 11, all for just $90.
The holiday ticket packages will be sold until Jan. 3, 2015. The vouchers can be redeemed at the Utica Memorial Auditorium box office, subject to availability.
For a complete schedule of Utica Comets games, as well as ticketing information, visit http://www.uticacomets.com.
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Amgen Inc. (AMGN: Quote) and AstraZeneca plc's (AZN: Quote) phase III trial of psoriasis drug candidate Brodalumab has met its primary endpoint of achieving total clearance of skin disease when compared with placebo as well as Janssen Biotech Inc.'s approved drug Stelara.
The trial, dubbed AMAGINE-2, is the third and final pivotal study in the companies' phase III psoriasis program. Brodalumab is being co-developed by Amgen and AstraZeneca.
Top-line results from AMAGINE-1, comparing Brodalumab with placebo, were released in May 2014 while top-line results from AMAGINE-3, comparing Brodalumab with Stelara and placebo, were announced as recently as November 11, 2014.
The trials AMAGINE-2 and AMAGINE-3 are identical in design.
AMGN closed Tuesday's trading at $162.24, down 1.18%.
Exact Sciences Corp.'s (EXAS: Quote) Cologuard will be reimbursed at $502 per test, according to the final payment decision issued by the Centers for Medicare & Medicaid Services.
Cologuard is the first and only FDA-approved noninvasive stool DNA colorectal cancer screening test.
EXAS closed Tuesday's trading at $24.90, up 2.55%.
Intra-Cellular Therapies Inc. (ITCI: Quote) has enrolled the first patient in its phase III trial of ITI-007 for the treatment of schizophrenia.
The trial, dubbed ITI-007-301, is designed to enroll over 400 patients with an acutely exacerbated episode of schizophrenia who will be randomized to receive one of three treatments namely, 60 mg ITI-007, 40 mg ITI-007, or placebo in a 1:1:1 ratio. Top-line results from this trial could be available as early as the fourth quarter of 2015.
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Psoriasis Drug Trial Meets Goals, Reimbursement Rate For Cologuard Finalized
Published 25 November 2014
Celgene International Srl, a wholly-owned subsidiary of Celgene Corporation, announced that the European Medicines Agency's (EMA) Committee for Medicinal Products for Human Use (CHMP) has adopted a positive opinion for OTEZLA (apremilast), the Company's oral selective inhibitor of phosphodiesterase 4 (PDE4), in two therapeutic indications:
Psoriasis is an immune mediated skin condition characterised by raised scaly lesions on the skin. It affects approximately 14 million people across Europe and about 125 million people worldwide.
Plaque psoriasis, also called psoriasis vulgaris, is the most common form of the disease, representing about 80 percent of cases. Up to 30 percent of people with psoriasis may develop psoriatic arthritis, which involves pain and swelling in jointsand other manifestations and may lead to significant disability.
"This CHMP positive opinion is an important step forward for people with psoriasis and psoriatic arthritis in Europe. These immune mediated diseases are frequently debilitating and cause severe physical and emotional pain to the individual," stated Tuomo Ptsi, President, Celgene Europe, the Middle East and Africa (EMEA).
"We are proud to have moved one step closer to offering patients OTEZLA, a new, oral treatment approach that could significantly help control their symptoms and make a considerable difference to their quality of life."
In the ESTEEM studies, which form the basis of CHMP's positive opinion for apremilast in psoriasis, treatment resulted in significant and clinically meaningful improvements in plaque psoriasis as measured by PASI-75 (a 75 percent improvement in the Psoriasis Area Severity Index) scores at week 16, the primary endpoint.
Patients on apremilast also benefited from significant improvements in difficult to treat areas, such as nail and scalp, and itch, known to have a marked impact on patients' quality of life and perception of disease severity.
In the PALACE program, which forms the basis for CHMP's positive opinion for apremilast in psoriatic arthritis, treatment resulted in significant and clinically meaningful improvements in the signs and symptoms of psoriatic arthritis, as measured by the modified ACR-20 (a 20 percent improvement in the American College of Rheumatology disease activity criteria) response at 16 weeks, the primary endpoint.
Patients on apremilast showed improvement across multiple disease manifestations specific to psoriatic arthritis, such as swollen and tender joints, as well as dactylitis, enthesitis and overall physical function.
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Celgene gets positive CHMP opinion for OTEZLA to treat psoriasis and psoriatic arthritis