Blog Archives

U.S. military meets with bitcoin industry insiders

Posted on 26th September, 2014

Could bitcoin or other cryptocurrencies be used to aid terrorist groups? That’s the question officials from the U.S. Special Operations Command asked members of the bitcoin industry this week in a meeting Tampa, Florida. While not an entirely secret event, the Virtual Currency Workshop was a closed-door conference seeking to determine the potential for anti-American […]

Following central bank decision, Bitcoin Foundation Bangladesh halts activities

Posted on 19th September, 2014

Earlier this week, Bangladesh’s central bank issued a new warning strongly suggesting that bitcoin use was now a criminal offense in the country. Bank officials later told news agency Agence France-Presse (AFP) that anyone found guilty of using or selling bitcoin in the country could be sentenced to up to 12 years in jail. Bangladesh […] adds Marco Santori as global policy counsel

Posted on 8th September, 2014

The Wall Street Journal reported today that has retained Marco Santori in a new role as global policy counsel. Santori is well known within the bitcoin industry, and currently serves as the chairman of the Bitcoin Foundation’s regulatory affairs committee. In addition to his legal work for the Bitcoin Foundation, Santori also writes about […]

Report: Bitcoin Foundation files amicus brief in Florida LocalBitcoins case

Posted on 3rd August, 2014

In February, two Florida men were charged with money laundering for selling bitcoin to two undercover agents in a sting operation. The case has already been challenged on a variety of fronts, including the validity of the claim that a bitcoin transaction would even qualify under Florida’s laws as “money,” but thus far those claims […]

Andreas Antonopoulos resigns from Bitcoin Foundation

Posted on 10th July, 2014

There are few people in the bitcoin world with as much name recognition as Andreas Antonopoulos. As an advocate for the technology and cultural force of bitcoin, Antonopoulos has been given countless presentations, lectures and interviews explaining what the crytocurrency revolution is, why it matters, and how everyday people can participate. When the mainstream looks […]

Bitcoin Core update to include “floating fees”

Posted on 8th July, 2014

In an update posted to the Bitcoin Foundation blog yesterday, Chief Scientist Gavin Andresen explained the implementation of the long-rumored “floating” transaction fee system. While previous versions of Bitcoin Core had hard-coded (yet optional) fees to miners for including transactions in blocks, version 0.10 will alter the wallet code to allow high-priority transactions to happen […]

BitcoinJ developer Mike Hearn claims protocol development in “crisis period”

Posted on 24th June, 2014

As the developer of the cross-platform Java library BitcoinJ, Mike Hearn knows a thing or two about the status of the overall bitcoin protocol. Until recently, Hearn was a developer at Google, but he recently decided to take the relatively risky step of moving into bitcoin full time. During an interview with the Epicenter Bitcoin […]

Bitcoin Foundation begins push for Unicode symbol

Posted on 19th June, 2014

Last week, the Bitcoin Foundation announced a plan to finally solve one of the digital currency’s nagging problems: The lack of a Unicode-approved symbol. Although bitcoin has officially used the symbol of a capital “B” with two vertical strokes through it (in the style of the U.S. dollar), that symbol doesn’t exist in the Unicode […]

Bitcoin Foundation board member-elect Brock Pierce responds to critics, refuses to step down

Posted on 20th May, 2014

Shortly after the election of entrepreneur Brock Pierce to the board of the Bitcoin Foundation, members of the organization began a campaign to oust him. Citing Pierce’s controversial history with troubled dotcom-era startup Digital Entertainment Network, foundation member Patrick Alexander terminated his membership in protest. Alexander was shortly joined by another nine members, who also […]