Bitcoin Trader Robbed in Britain

Criminals penetrated into the bitcoin trader's house, and, threatening with murder, forced him to transfer to them a large sum in bitcoins
29 January 2018   430

Four armed masked criminals broke into the house of the cryptocurrency trader in Oxfordshire, England and, threatening with murder, forced him to transfer to them a large sum in bitcoins. Express reports about this.

It is reported that the robbery occurred last week in the city of Moulsford. Unknown infiltrated the trader's house in the early morning, tied his wife, and the child who was in the carriage was thrown out the door.

The exact amount of the stolen crypto currency is not called, but, as the newspaper writes, it is a question of the whole "state".

Despite all the efforts of the police to search for intruders, including the helicopter usage, it has not been possible to find their location yet.

Nevertheless, according to representatives of the analytical agency Explain The Market, the robbers will not be to cash out the stolen bitcoins easily.

These are criminals who have likely caught on to the current popularity of Bitcoin. But depending on how much they have, these coins are like being in possession of a rare painting. Trying to exchange large amounts for normal money without alerting suspicion will be very difficult.

Mark Shone

Chief Executive, Explain The Market

According to law enforcement agencies, this is the first robbery in the UK of this kind. 

Bitcoin Questions included into Dutch High School Exam

Bitcoin-themed mathematics questions have been cut-in in recent high school matriculation exams in the Netherlands
18 May 2018   99

About 200,000 Dutch students are to have taken the OVW exam, a obligatory test for students who wish to get tertiary education in the Netherlands. The testing list  included five bitcoin-themed questions.

Students were offered to solve five different mathematical problems. The questions asked that students “calculate in what year the amount of bitcoin exceeded 18 million,” “calculate from which year on the reward will be less than one bitcoin,” “determine the maximal amount of bitcoin that can be in circulation.” The resolution  of the issues was supposed to base on the formula used to employed to solve the questions.

Such kind of changes in testing for students is connected with the growing  recognition of cryptocurrency by the Holland’s institutions. In March, the Court of Amsterdam defined that bitcoin owns “properties of wealth” at the same time  adjudicating a civil rights occasion between an individual seeking repayment from an unfulfilled contract pertaining to bitcoin mining. The court ordered that “bitcoin represents a value and is transferable” and “thus shows characteristics of a property right. A claim for payment in Bitcoin is, therefore, to be regarded as a claim that qualifies for verification.”

Recently, Rob van Gijzel, the ambassador of the Dutch Blockchain Coalition, revealed a national blockchain research agenda, which had been accredited by the Dutch Ministry of Economic Affairs and Climate Policy. The ministry had established a designated committee, TopTeam ICT, appointed to analyze the potential legal, economic, and ethical implications of distributed ledger technology in the country.