Chinese investors looking for a refuge from the weakening yuan are turning to bitcoin.Total trading in the virtual currency reached 47 million bitcoins last week, the highest-ever level based on data going back to 2011.Prices meanwhile hit a more-than four-month high of $742.46 on Wednesday, according to CoinDesk data.The vast majority... Most Popular Videos Film Clip: 'The Big Sick' A New Road to Income: Barron's Buzz 'Bridge Crew': Voice Command Comes to 'Star Trek' VR Videogame Lower Your Wireless Bill With These Tips Opinion Journal: Macron vs.Bitcoin magnate Roger Ver has launched a new site designed to help catch criminals by offering anonymous cryptocurrency bounties.Bitcoin Bounty Hunter is built around a simple premise – the site lists bounties offered for information leading to the apprehension of individuals suspected of crimes.“ represents the first step into a new era for law enforcement and the protection of individual rights,” said Ver.

The site allows anyone in any part of the world to contribute funds that would go towards individual bounties to help law enforcement arrest perpetrators of various crimes.For the time being, though, the bounties are limited to bitcoin-related crimes, but the concept could be used to put a price leading to any criminal’s arrest.Three bounties were listed at press time and all three are related to bitcoin theft.bitcoin miner core i7There is a 37 BTC bounty for the hacker who tried to hack Ver and bitcoin founder Satoshi Nakamoto, while 2 BTC bounties are offered for the arrest of the Mt Gox and Bitcoinica hackers.ethereum forum reddit"I’m actually pretty optimistic that this may bring out some information that people don’t already know.bitcoin farm calculator

It will be interesting regardless."Ver explained that bitcoin allows people to anonymously donate or collect bounties, and described the factors that make this approach unique: “Most interestingly of all, now law enforcement officers can directly and anonymously collect bounties for actually doing their jobs.” The site allows anyone to contribute bitcoins to the community pool, post new bounties anonymously and, of course, claim a bounty.ireland bitcoin regulationHe said the site is just the first step in a more ambitious plan to create a completely decentralised system that would not depend upon a single website.kurs bitcoin litecoinBitcoin Bounty Hunter does not encourage vigilantism and the site has a number of policies designed to ensure that the letter of the law is followed.armory without bitcoin core

Ver continued that the site is for people prepared to do the hard investigative work other bodies may not have the incentive to pursue.He said: "I tried to make it clear that the bounties are only awarded in the case of traditional law enforcement making an arrest that leads to a conviction.My intent is not to inspire people to engage in their own vigilante justice."The site accepts bounties for persons who committed crimes “in which there is a victim” and demands proof that a crime has indeed been committed.bitcoin calculate public key from private keyBounties are only paid out after the crime is reported to the proper authorities and the suspect is arrested and convicted.bitcoin loan without verificationAfter the conviction, the site can be contacted with evidence that the criminal was arrested and convicted using information offered by the user.bitcoin future in hindi

The site’s FAQ section states: “.If we agree that you were the earliest person with the evidence leading to the arrest, we will pay you the bounty to the bitcoin address specified in the document.” The funds are held in secure bitcoin wallets with individual addresses for each bounty.The site hopes to soon implement a trustless solution in which no individual will have control of the funds.Digital investigation image via Shutterstock The leader in blockchain news, CoinDesk is an independent media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies.Apps + Software / Reviews Coinding is an Android app enabling users to find free bitcoin around their city.People who donate coins to the app, or advertise their business with it, disperse the bitcoins around their business, to draw in customers.The website informed me I could earn bitcoin and find places to spend it, or release them back to the world.This isn’t the first time I’ve heard of “free bitcoin”, faucets are notorious, which work in a similar fashion where an advertiser pays, and people get a miniscule amount of coin for visiting the site.

When I heard there was an app that gave free bitcoin just by walking around, I had to learn more.So I downloaded the app with high hopes of finding riches on the street.Since my job takes me around the city, I figured I could open the app anywhere in the city and get some bitcoin!Are there Free Bitcoin in NYC on Coinding?I couldn’t wait to find treasure while exploring new lands.I started the app, turned on my GPS, made an account, and started to see several coin icons appear around my vicinity.I was surprised by the amount of coins within a five minute radius of my house on my first boot with the app.With great enthusiasm I walked towards the icons, which disappeared when I walked over them.The first one I picked up gave me a message “Your treasure chest is full”, ummm no it isn’t.So I checked my balance, thinking there was a glitch that made me rich, but it was zero.I became disappointed by this broken app, I sent support a message and they replied rather quickly, but hasn’t fixed the problem to this day.