Bitcoin Weekly 2014 December 3: Bitcoin Foundation copycat fraud sites, MasterCard speaks against BTC in Australia …

Posted: December 4, 2014 at 8:49 pm

This week in Bitcoin shows a growth happening in the community as well as the pains associated with it.

On the grim front theres some friction happening with that growth. Fraud continues to be an issue, as it is with any industry, with The Bitcoin Foundation warning about copycat websites attempting to defraud users out of their bitcoins. MasterCard has gone to lengths in Australia to badmouth Bitcoin and request regulations be saddled to protect consumer interests.

On the other hand, greater adoption and better policies are appearing amid movers-and-shakers as well. Blockchain.info has now implemented a proper TOR .onion address to reduce the possibility of hijacks when people anonymously browse the popular Bitcoin wallet. NCR Silver customers show a clear preference for Bitcoin over Apple Pay. And an executive from the Ronald McDonald House charity went on Reddit to do an AMA about accepting bitcoin donations.

Finally, ChangeTip has been having an amazing few months (with a bitcoin tipping revolution hitting its stride) that have culminated recently in $3.5 million in seed money.

Bitcoins market value popped up a little bit lately from a low around November 20 at $350 and now resides in a band around $375. The price point has been relatively stable for a few days idling between $375 and $380. It hard to tell from the historical price index, but Black Friday produced a little volatility but otherwise theres been several days of near plateau.

Welcome to this weeks Bitcoin Weekly.

The Bitcoin Foundations website is being cloned and spoofed at web addresses and domains that have absolutely nothing to do with the Bitcoin Foundation, the Foundation wrote on a blog.

Numerous users have been contacting the foundation about this problem over the past week and as a result

Currently the best-known clone websites include bitcompensation.com and bitsecuretransfer.com. Neither of these domains has any connection to the Bitcoin Foundation whatsoever and the Foundation warns that any contact from these domains should be met with skepticism and not to visit these pages.

The Bitcoin Foundation asks anyone who comes across a website cloning the Foundations site, image, or trademark to forward the web address to webmaster@bitcoinfoundation.org with the subject line SCAM SITE.

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Bitcoin Weekly 2014 December 3: Bitcoin Foundation copycat fraud sites, MasterCard speaks against BTC in Australia ...

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