Feds ran a bitcoin-laundering sting for over a year

More than 40 alleged dark-web drug dealers have been arrested as part of a sweeping federal effort described by the Department of Justice as "the first nationwide undercover operation targeting dark net vendors." The core of the operation was an online money-laundering business seized by agents from Homeland Security Investigations and operated as a sting for over a year. By offering cash for bitcoin, HSI agents were able to identify specific drug dealers, ultimately tracing more than $20 million in drug-linked cryptocurrency transactions.

Read more... https://www.theverge.com/2018/6/27/17509444/dark-web-drug-market-money-laundering-hsi-dark-gold

How New FDA-Approved Pot Medication Could Change Legal Weed

Despite a large body of research documenting cannabis' effectiveness in treating epilepsy, there has yet to be a cannabis-based anti-seizure medication introduced on the U.S. pharmaceutical market – until this week.

Read more... https://www.rollingstone.com/culture/features/how-new-fda-approved-pot-medication-could-change-legal-weed-w522083

Bitcoin Price To Reach $60,000 in 2018 — Cryptocurrency Expert Remains Resolute On January Prediction

Phillip Nunn, CEO of The Blackmore Group and Wealth Chain Group, piqued the interest of the cryptocurrency and investing communities in January of this year when he made a prediction that the price of Bitcoin, in the year of 2018, would reach a bottom of $6,000 and a high of $60,000. At the time of the prediction, the price of Bitcoin had pulled back a large percentage of its run-up to an all-time high in mid-December of almost $20,000 and was sitting at just over $10,000.

Read more... http://bitcoinist.com/bitcoin-price-to-reach-60000-cryptocurrency-expert-remains-resolute-on-january-prediction/

Bike-sharing companies' Phoenix-area growth leads to abandoned bikes

Managers of dockless bike-share services say they've seen exponential growth since two companies arrived in the city late last year, and they're addressing the main complaint: bikes ditched where they shouldn't be.

Read more... https://www.azcentral.com/story/news/local/scottsdale/2018/06/16/bike-sharing-companies-growth-phoenix-scottsdale-brings-abandoned-bikes/682238002/

What the U.S. can learn about legalized sports betting from the U.K.

LONDON – Imagine it is five years from now, and you're walking across the parking lot at a shopping center, perhaps to collect some dry cleaning or a quart of milk. On your way back to the car – no, it won't be driving itself to collect you at the curbside yet – you're distracted by a sign advertising the weekend's NFL games, and how you can profit from them.

Read more https://www.usatoday.com/story/sports/2018/06/06/sports-betting-what-u-s-can-learn-legalization-u-k/664382002/