Déjà vu? Bitcoinica To Require Customers To Verify Identity:
The founder of Bitcoinica, Zhou Tong, explains in a forum post what will happen going forward following the firm’s recent security incident, the second of which that resulted in major amounts of the company’s bitcoins being stolen.  Excerpts:
We are building an account claim page. You can submit… Read more

Forbes – The Somali American Remittance Dilemma:
bitcoinnews:

Jon Matonis (@JonMatonis) describes how Bitcoin can come to the rescue for Somalis in Minnesota who have been barred from making the small regular transfers to their family members in Africa.  Excerpts:
“Instead of trying to comply [with regulations], [banks] are electing to opt out so as not to encounter… Read more

The Bitcoin Trader – Bitcoinica Offline Following Another Hack:
GoWest (@GoWestBTC) posted an alert that Bitcoinica was brought offline by its founder after the second major successful hack against the service.  Excerpt:
“Bitcoinica has been shutdown until further notice, following a theft of 18,000 BTC.”“Bitcoinica was also the victim of a 43,000 BTC ($215,000 USD) heist back… Read more

Bitcoin Miner – Commercial GPU Mining Farms:
A post on the Bitcoin Miner (@BitcoinMiner) blog features a photo from a commercial mining operation which helped to contribute to the latest difficulty adjustment increase.  Excerpts: 
“The leading GPU farms use economies of scale combined with low power costs to solve blocks at a lower cost than any solo… Read more

The Bitcoin Trader – Bit-Pay’s 3K BTC Transaction, Largest To-Date:
GoWest (@GoWestBTC)reports that Bit-Pay processed its largest Bitcoin transaction to-date, a purchase for 3,095 BTC (which is worth over $15,000 USD at current exchange rates).  Excerpt:
“The merchant? Butterfly Labs, selling one of its 25 Giga Hash mini-rigs.”
- http://bit.ly/JhB3HE
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Bitcoin version 0.6.2 released:
A new version of the Bitcoin-Qt and Bitcoind clients from Bitcoin.org, v0.6.2, includes a number of bug fixes and and performance improvements.
- http://bitcoin.org/releases/2012/05/08/v0.6.2.html- http://sourceforge.net/projects/bitcoin/files/Bitcoin/bitcoin-0.6.2- http://bitcointalk.org/index.php?topic=80187.0
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Bitcoin Money – Crowdfunded with Bitcoins, Screw Banks Released:
A blog post on Bitcoin Money blog (@BitcoinMoney) describes the crowdfunded project Screw Banks, Use Bitcoin which resulted with the release of a video and promotion website.  Excerpts:
“The video started out as a project on Max Keiser (@MaxKeiser)’s Pirate My Film (PMF) (@PirateMyFilm) crowdfunding platform.  Pledges at… Read more

Screw Banks Video and ScrewBanks.net Website Launch:
Announced on the BitcoinTalk forum by Anthony Gallippi is the Screw Banks video and ScrewBanks.net website.  The announcement reads:
“After many months of hard work and collaboration, today we are proud to release ‘Screw Banks’. - http://screwbanks.net”“Starring…the Vampire Squid, Jon Corzyne, a Bought Congress, PayPay, and a Colombian Hooker!  Check out… Read more

Video: Crowdfunded with Bitcoins, Screw Banks Released
A video promoting Bitcoin with the title similar to the domain where it is hosted, ScrewBanks.net, has been released.  
The video started out as a project on Max Keiser (@MaxKeiser)’s Pirate My Film (PMF) (@PirateMyFilm) crowdfunding platform.  Pledges at $5 and up were made by the Bitcoin community, and once… Read more

Request For Participation – Bitcoin Testing Project:
The development lead for Bitcoin.org, Gavin Andresen (@GavinAndresen), has placed a call for participation to create a Bitcoin Testing Project. 
In a post on the BitcoinTalk forum, Gavin writes:
“I’m creating a decentralized, transparent organization using the BetterMeans system. I’ll need help from people willing to be fundraisers, testers, project managers,… Read more