Bitcoin and Blockchain News Dec 7, 2015

Former Senior White House Staffer Joins Bitcoin Miner Bitfury -

A former White House senior staffer has taken up a new role at the best funded miner in bitcoin. Jamie Smith, former deputy White House press secretary and special assistant to President Obama, has joined Bitfury – which has raised $60m in funding to date – as its global chief of communications.

Yessi Bello Perez / Dec 07, 2015 01:16 pm

Hard Fork Question Divides Developers at Scaling Bitcoin Day 2 -

Day two of Scaling Bitcoin Hong Kong saw Blockstream co-founder Pieter Wuille debut a proposal for increasing the bitcoin block size without a hard fork, and bitcoin's development community directly conversing with its China-based mining community in an industry first.

Pete Rizzo / Dec 07, 2015 11:45 am

Purse Raises $1 Million, Plans 'Secret Bitcoin Project' -

Bitcoin e-commerce startup Purse has raised $1m in seed funding in a round led by investor Barry Silbert's Digital Currency Group. The funding follows a $300,000 seed round finalized last November and comes amid a recent decline in consumer bitcoin spending.

Pete Rizzo / Dec 07, 2015 12:56 am