Bitcoin News Mash-Up: US Reveals Silk Road Bidders; BitPay Sponsors St. Petersburg Bowl; and More

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Bitcoin News Mash-Up

Following are the major Bitcoin events that took place between June 18th and 19th

US Marshals Mistakenly Reveals Silk Road Bidders’ Identities
Few days back, we learned that the US was going to auction around $18 million worth of Bitcoins that were seized from the demised online drug marketplace Silk Road. The process was meant to go smooth but got a little tainted when US Marshals accidentally revealed the identities of the bidders via an email thread. As a result, a total of 40 bidders now know each other, killing the anonymity quotient once for all.

BitPay Sponsers St. Petersburg Bowl
The famous sports media group ESPN recently announced that BitPay – the world’s leading cryptocurrency payment processing service provider – signed a 3-year contract to become the new official sponsor of the St. Petersburg Bowl. It will now be called “Bitcoin St. Petersburg Bowl” and will take place at Tropicana Field in St. Petersburg City, Florida. Tony Gallippi, BitPay Executive Chairman, said:

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“Our goal is to continue to move bitcoin into the mainstream and sponsoring the St. Petersburg Bowl offers us that opportunity. College football fans and the bitcoin community represent similar target demographic – tech-savvy men between the ages of 18 and 40.”

King of Shave Now Accepting Bitcoin
The renowned shaving equipment manufacturing company King of Shaves has now started to accept Bitcoin for their products. The company has appointed BitPay to take care of all the payment processing matters. Upon this announcement, King of Shaves is hoping to give a stiff competition to Gillette and Schick.

To contact the assembler of the stories: Yashu Gola at yashu@forexminute.com

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