Unredacted Adult FriendFinder hacked Data is on offer for 70 Bitcoin, a 1959 IBM Model 1401 mainframe can mine bitcoin, and more top stories for May 26. Adult FriendFinder hacked, sensitive data on offer for 70 BTC A hacker going by the username of ROR[RG] has revealed to be in possession of confidential data from Adult FriendFinder, a dating site that helps users find partners who meet their sexual fetishes. The data is up for sale at the price of 70 bitcoins. Given that the information on the site is extremely personal in nature, many of its users have reasons …

MIT cites major flaws in the NY BitLicense, Euro Banking Association issues a report on 'Cryptotechnologies,' Denmark will discontinue the printing of new fiat money in 2016, former MasterCard general manager joins BitPay, and more top stories on May 13. MIT Cites 'Critical Flaws' in BitLicense Proposal MIT Digital Currency Initiative director, Brian Forde, has published a blog post where he cites the four "critical flaws" in New York's BitLicense. According to Forde: "If changes to the proposed BitLicense are not made, only a handful of the most well-funded companies will survive — not because they are providing the best …

The Spanish tax authorities have published a statement classifying bitcoin as a means of payment exempting it from VAT charges. Some of the UK's top bankers are to discuss bitcoin among a fintech discussion panel this week. BitSIM hardware proposes piggybacking a sim-card to provide secure mobile payments without carrier support and more top stories for April 20. Bitcoin exempt from VAT in Spain A department of the Spanish tax authority has published an opinion stating that bitcoin should be treated as a means of payment, and will therefore stand exempt from VAT calculations. The move puts Spain inline with …