Bitcoin News Mash-Up: Ross Ulbricht Trial Postponed; St. Petersburg Bowl Pre-Sale; and More

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Bitcoin News Mash-Up: Ross Ulbricht Trial Postponed; St. Petersburg Bowl Pre-Sale; and More

Following are the major Bitcoin news of the day

Ross Ulbricht Trial Postponed Until January
Soon after hitting a wall, Ross Ulbricht yesterday got some relief when the case judge accepted the defense plea to move the November 10th trial to January next year. The reason given by the Silk Road attorneys was their unpreparedness. They simply asked for more time because they needed more time to review the evidence given by the prosecution. Judge didn’t want to hold a hearing during the holiday season, and presumed January 2015 as the next-best option.

Bitcoin St. Petersburg Bow Ticket Sale Begins
BitPay and ESPN conjointly launched the official website of the much-hyped football event, Bitcoin St. Petersburg Bowl 2014. Along with the website launch, the companies also introduce the pre-sale of tickets. Amusingly, the tickets can only be bought using the cryptocurrency Bitcoin. The users of digital currency thus have two-weeks more to book their favorite seats. Attendees will also be able to buy all kind of products in the stadium using Bitcoin, making the entire event a dais for cryptocurrency marketing.

WinkDex Now Available for Apple Users
WinkDex, the Bitcoin price index created by the Winklevoss Twins, is now available for iPhone and iPod Touch. The news first broke on the company’s blog, in which Tyler Winklevoss said:

“When we launched WinkDex earlier this year, our goal was to provide the most accurate price of bitcoin by blending volume-weighted trade data from qualified Bitcoin exchanges. Since then, we have been working hard to expand our product suite, including a Bitcoin-USD price calculator and a public API for developers [….] we hope you enjoy the app as much as we’ve enjoyed building it, and please don’t hesitate to let us know how you think we can add to and improve your experience.”

KnCMiner under a Potential Legal Trouble
KnCMiner is inches away from being sued by a group of individuals, claiming to have been victimized by the famous Bitcoin mining company. The California-based attorney Charlotte Lin – who by the way is an avid cryptocurrency supporter – is currently investigating into a series of illegal activities that has practiced by KnCMiner’s sales and distribution department. The plaintiffs accused the company for breach of contract and false advertising. KnCMiner, which raised a whopping $14 million last month in a Series A Financing, has received dozen complaints from its customers over unnecessary customer delays and faulty hardware.

To contact the reporter of the story: Yashu Gola at yashu@forexminute.com