In a leak reminiscent of the famous Gox leak of early 2014, Bitcoin Magazine has published this ‘Bitcoin Foundation survival proposal’, that shows just how much money the Foundation has haemorrhaged over the last few years. The one saving grace among a depressing read is that revenue is starting to turn the corner.
As a response to the firestarter of a forum post by Olivier Janssen, the Bitcoin Foundation has released its official response.
A profile on Coinbase. They seem to be on a bit of a publicity drive of late, with this (wouldn’t look out of place as a Vanity Fair feature) following news that the company is working with regulators to open an exchange in the UK. Two good takeaways: Coinbase don’t mind focusing on centralised services (ie security for consumers), and they’ll focus on products before mainstream advertising, although the latter is coming.
No Blockchain For You! William Dunne goes all Seinfeld in showing that Bitcoin is the real saviour and the Blockchain isn’t necessary for all and sundry.
The HuffPost asks if micro tipping via crypto can change the way we view media?
It’s definitely a trend: Factom hires Morgan Chase manager (who also runs a paper wallet company).
Coinapult has reopened after a recent hot wallet hack. No word as yet on result of investigation. My take is that hackers are stealing ever smaller piles of loot as exchanges and companies transition to better (not best…yet) security practices.
Fancy yourself as a policy maker? Marco Santori has just the Bitcoin rundown for you.
UPDATE: The Reserve Bank of Australia has released a statement saying that they do not see a need to regulate cryptocurrencies at this stage. Finally a sensible move in Australia after the double GST scenario tried to kill off the industry….
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