Kentucky Senator Rand Paul, who today formally announced his bid for the 2016 Republican presidential nomination, has begun accepting bitcoin donations. Donors can select bitcoin from a number of available payment options, with bitcoin payments being enabled by processor BitPay. Continue reading at CoinDesk Powered by WPeMatico
Bitcoin Foundation Board Divided Over Controversial Restructuring Proposal
Less than six months after the Bitcoin Foundation announced its intention to focus solely on core development, it is once again at a financial and existential crossroads that finds the future of the trade organization shrouded in uncertainty. Though much about the situation remains obscured by argument, current board members, core developers and the group’s interim […]
Wall Street Bank BNY Mellon Experimenting With Bitcoin Rewards
Developers for Bank of New York Mellon Corp have been experimenting with bitcoin for use as part of the bank’s newly created corporate recognition program, according to The Wall Street Journal. The so-called “BK Coins” will be awarded to staff for contributions to the bank’s software development, and can be redeemed for gift cards and other rewards. […]
Bitcoin Marketplace Buttercoin Folds Despite $1.3 Million Investment
UPDATE (6th April 14:03 BST): Comment added from Garrick Hileman, an economic historian at the London School of Economics. US bitcoin marketplace Buttercoin is shutting its doors, despite launching with at least $1.3m in investor backing just four months ago. In a farewell post to customers today, the Buttercoin team announced the service will go offline this Friday […]
RIMS 2015- FOR003- Bitcoins: The Next Cyberinsurance?
Session: FOR003- Bitcoins: The Next Cyberinsurance? Day/Date: Tuesday, 4/28/2015 Time: 11:30am – 12:30pm (60 minutes) General Overview of Session: There are more than 13 million bitcoins—more than $8 billion—involved in tens of thousands transactions every month. Bitcoins have been recognized as virtual currency by the U.S. Treasury Department and deemed taxable property by […]
