Month: September 2014

Crypto-Prank-ology



Marc’s buddy, Johnny Chavez finally wins a load, but his day in the sun will be overshadowed when Marc pranks his run. Jennifer hauls a cold, creepy, …

Bitcoin Foundation Bangladesh Suspends Operations

The Bitcoin Foundation has issued a new statement suggesting that it is currently investigating whether bitcoin and digital currency transactions are now illegal in Bangladesh.

However, citing general uncertainty surrounding this week’s statements from the Bangladesh Bank, the Bitcoin Foundation Bangladesh, the organisation’s first Asia-based affiliate, will suspend operations.

In a post entitled “The Case for Bitcoin in Bangladesh“, executive director Jon Matonis suggested that…

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Taiwan Is Not Overly Dependent on China – The Diplomat

The following is intended to clarify inaccurate assertions in Ricky Yeh’s article for The Diplomat, “Over-Dependence on China Will Doom Taiwan.”

First, regarding the statement “The Ma administration’s policies conveniently neglect the consequences of ‘locking’ Taiwan’s economy with the very source of the main security threat facing Taiwan:”

Enterprises from around the world have been attracted to conduct business and invest in mainland China since it opened its economy to foreign companies and began its economic reforms. Naturally, Taiwanese companies are among these enterprises. Mainland China is now Taiwan’s biggest export market and investment destination.  However, Taiwan is not an exception in this regard. Take the 12 members of the Trans-Pacific Partnership (TPP) for example. Mainland China is the top trading partner for six TPP member states and the second-largest trading partner for another five members.

Still, the government of the Republic of China (ROC) never neglects the importance of national security when developing trade and economic ties with mainland China. In consideration of the special political relations between the two sides of the Taiwan Strait, the ROC government screens investment projects from mainland enterprises on a case-by-case basis. This is in addition to formulating laws to regulate their business activities in the country in order to safeguard Taiwan’s economic environment and national security. Furthermore, the ROC government imposes restrictions on or denies investment applications filed by mainland enterprises that may be politically, socially or culturally sensitive or impact on national security.

To prevent Taiwan from becoming economically over-dependent on mainland China, which would endanger national security, the ROC government is actively seeking to participate in regional and global economic integration, increase the added value ratio of industrial sectors and upgrade the international…

Read more at thediplomat.com

Two draws as ECFA Stag Beer second round commences

League leaders Victoria Kings were held to a 1-1 draw by fifth positioned side Beterverwagting (BV)/Triumph when the second round of the East Coast Football Association (ECFA) Stag Beer senior league commenced at the Victoria Ground on Sunday.

Aubrey Gibson gave the home side the brief advantage as he found the back of the net through a 36th minute attempt.

The lead would be short-lived as Delroy Dean secured a point for the visitors, stunning the home support with a conversion four minutes later through a penalty kick, following an infraction within the 18 yard box.

In the opening fixture of the day, sixth positioned outfit Golden Stars FC and newcomers and cellar occupants Sparta United also battled to a one-all stalemate. Randy Stoby gave the Stars the early lead as he broke the deadlock compliments of an 18th minute strike.

However Sparta United would walk away with a share of the spoils as Theon Carr added his name to the scorer’s sheet with a 60th minute conversion. The action is set to continue over the weekend.

On Saturday at the Buxton Community ground, home side Buxton Stars will face off with Sparta United in the lone fixture at 16:00hrs. On Sunday at the Victoria Ground, Buxton United will faceoff with Mahaica Determinators in the opening fixture at 16:00hrs.

In the feature contest, home side Victoria Kings will oppose Ann’s Grove at 18:00hrs.

Read more at www.stabroeknews.com

Cryptocurrency Use is a ‘Punishable Offense’

Update (17th September 3:00 BST): A full translation of the statement from the Bangladesh Bank has been added to the piece.


The central bank of Bangladesh has issued a new statement suggesting that the use of digital currency is now illegal in the country.

The Bangladesh Bank, as originally reported by the Agence France-Presse (AFP), has said that the use of bitcoin and other cryptocurrencies is unlawful under existing anti-money laundering (AML) statutes.

The Bangladesh Bank noted in its…

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