“Bitcoin and digital money are where finance is headed.” Describing it as a process to “democratize money”, Anthony Watson, the former Nike CIO who earlier this week was announced as Bitreserve’s new president and COO, says he believes his company’s platform will help spearhead a push to what he called “cloud-based money”. “Technology and cloud-based money […]

The Silicon Valley division of global telecommunications giant Orange is planning to invest in the bitcoin space. Orange Silicon Valley (OSV), which lists cryptocurrency as one of its main focus areas, is looking to spend up to $20,000 per startup and is currently in talks with two bitcoin companies, according to Bloomberg. “There’s something intriguing […]

“Everyone thinks bitcoin is the currency of criminals.” According to Alasdair Rambaud, senior vice president for payment solutions provider CardinalCommerce and a self-proclaimed bitcoin user, this is the only factor prohibiting bitcoin from mass adoption. Rambaud believes that “most large merchants” in the US are currently looking into accepting bitcoin as payment, and that the […]

Boost VC CEO Adam Draper has launched a petition seeking a number of changes to New York’s proposed BitLicense framework. The petition calls for New York regulators to limit the amount of information they gather on virtual currency startups to what is mandated by federal standards; that the BitLicense avoid using duplicative language already enshrined in federal law; […]

Coinbase has announced details of its second hackathon competition, including $70,000 in bitcoin prizes and an all-star judging panel. The company, which offers a number of developer tools, says it is seeking apps that will find new use cases for bitcoin and make it “more approachable”. Prizes range from $10,000 (1st place) to $500 (5th place) in […]