| Minutes, published yesterday, show board chairman Brock Pierce opening the event declaring that the Bitcoin Foundation is "close to running out of money". Further disclosures during the meeting show that is struggling to generate significant revenue. Joon Ian Wong / Dec 08, 2015 12:32 pm
Bitcoin exchange and wallet provider BitX has extended its Series A round to include undisclosed funding from Venturra Capital. According to BitX, the funding will be invested in recruitment and product development, as well as bringing the service to new markets. Pete Rizzo / Dec 08, 2015 06:07 am
Microsoft has issued an update to its blockchain toolkit offering, revealing it is exploring how to add Ripple's Interledger protocol. Gray further indicated that Microsoft has partnered with Ripple and that its Azure platform is operating a node on the Ripple consensus network. Pete Rizzo / Dec 08, 2015 05:38 am
A Secret Service agent accused of stealing hundreds of thousands of dollars in bitcoin during the US government's investigation of the now-defunct dark market Silk Road has been sentenced to nearly six years in prison. Shaun Bridges is set to spend the next 71 months in federal prison. Stan Higgins / Dec 07, 2015 09:42 pm
In an indictment filed last week, US prosecutors said that Yuri Lebedev allegedly played a role in orchestrating the operation of Coin.mx, a Florida-based exchange that operated as membership-style "Collectible's Club" in an effort to skirt money transmission statutes. Stan Higgins / Dec 07, 2015 09:07 pm
95% of financial experts surveyed believe that cryptocurrencies will struggle to survive within the next decade. Carried out by the German Association for Information Technology, Telecommunications and New Media, the survey probed 100 CEOs and boards of financial companies on their opinion on bitcoin. Yessi Bello Perez / Dec 07, 2015 06:03 pm
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