Andresen serves as chief scientist on the board of the Bitcoin Foundation and is essentially bitcoin’s lead developer, a position passed onto him by Satoshi Nakamoto, bitcoin’s mysterious creator. A Princeton grad, Andresen joined the bitcoin movement after spending time in Silicon Va...
I think things were always kind of serious. I would say it really took a turn in September in 2011, when the first bitcoin conference convened in New York City. I went, and all these important bitcoin insiders showed up, like Gavin Andreeson, Jeff Garzick, the entire core dev crew bas...
from the anti-money laundering arm of the U.S. Treasury, FinCEN, brought further clarity to the situation by addressing decentralized virtual currencies for the first time, tacitly giving bitcoin the legal stamp of approval, while also paving the way for further regulations. But the b...
The tiny island of Cyprus became the center of the financial universe over the weekend, after its leaders, facing financial collapse and pressure from EU authorities, announced a plan that would let the government withdraw money directly from citizens' savings accounts in order to fun...
It is widely believed that the first real-world bitcoin transaction took place on May 21st, 2010. Laszlo Hanyecz, a programmer living in Flordia, sent 10,000 bitcoin (BTC), the online-only, open source cryptocurrency , to a volunteer in England, who then spent about $25 to order Hanye...
Yep, that's a bitcoin ATM. Via TDV's release . Charging ahead of the bitcoin start-up stampede, Jeff Berwick (Founder of Stockhouse.com and TDV Media ), has announced the debut of Bitcoin ATM , with hope to launch its first machine in Cyprus. This couldn't be more timely, as Antreas A...
After reaching a new all-time high just three weeks ago, the Bitcoin ecosystem has since weathered a security breach and a software “glitch” that resulted in what some have labeled a “flash crash.” Hackers were able to swindle $12,480 worth of bitcoins from BitInstant, a company that ...
The second bitcoin bubble may not burst. Image via Flickr/zcopley Bitcoin’s value has steadily climbed over the past few months with no signs of stopping as the currency has managed to avoid major security breaches and expand its digital ecosystem. The dollar value of virtual decentra...
