Ars Technica published an article that the Bitcoin Foundation according to one board member, is bankrupt. The organization was created a couple of years ago to bring some sense of official community face for users and investors of Bitcoin. It seems the wheels are coming off as some of the original members have not had a great go of it lately. Of course some have always held that the beauty of … [Read more...]

Reuters had a story on Britain announcing it would be looking to regulate digital currencies like Bitcoin. From the story: Britain took a significant step towards becoming a global bitcoin hub on Wednesday as the government announced it would regulate digital currencies for the first time by applying anti-money laundering rules to exchanges. Already the center of the $5-trillion-a-day … [Read more...]

Joel Dalais reported on BitcoinMagazine.com that the third government auction of Bitcoins that were seized during the Silk Road bust will take place March 5, 2015. Joel points out that some of the coins seized were not used in any illegal business. There were merchants on Silk Road that operated perfectly legit businesses. From the article: The U.S. Marshals Service is holding its third Dread … [Read more...]

Coin Desk/ ZapChain  Interview with Jered Kenna Jered Kenna is someone who got into Bitcoin early and not only did he get into Bitcoin, but his company according to the interview says his company Trade Hill owned the mother of all domain names, Bitcoin.com. The confusing part in the video he uses the words we owned Bitcoin.com, but had an agreement with the owner that if the exchange closed … [Read more...]

The hits just keep coming in the exciting world of cryptocurrency, The Next Web is reporting thatCavirtex, the largest Canadian Bitcoin exchange is shutting down after a security breach. This adds on to $1.75 million worth of BTC stolen from Chinese exchange BTER last week. Bitstamp lost $5million in January. Cavirtex said it did not lose any customer funds and will be returning them. Canadian … [Read more...]

Coinbase to launch regulated Bitcoin exchange Monday Coin Desk reported that Coinbase will be rolling out a regulated Bitcoin exchange that has been approved by half of the nation's state regulators. The Winklevoss  Twins announced on Friday that they plan to start a regulated Bitcoin exchange called Gemini, which they are financing out of their own pockets. They will only be dealing with … [Read more...]

Braintree will now make it possible for all merchants in the U.S. to accept Bitcoin. Venture Beat is out with an article that Braintree after making partnerships earlies in the year with Coinbase and Pay Pal will make it possible for all merchants in the U.S. to accept Bitcoin. I guess for those not that savvy when it comes to Bitcoin but still want to seem modern and cool, this will be an … [Read more...]