Bitcoin and Blockchain News Mar 5, 2016

Coinbase CEO: Core Developers May Be Bitcoin's 'Biggest Systemic Risk' - 

Coinbase CEO Brian Armstrong has issued new comments criticizing the Bitcoin Core development team and reiterating his support for Bitcoin Classic. The comments come in the wake of the invite-only bitcoin industry retreat, the Satoshi Roundtable, which took place late last month.

Stan Higgins / Mar 05, 2016 01:01 am


Bitcoin Price Dips Closer to $400 Following Network Disruptions - 

While the bitcoin network's capacity challenges generated substantial visibility this week, the digital currency enjoyed robust trading volume. Likewise, bitcoin's price was relatively stable, falling 3.3% as the price deflated below $420.

Charles Bovaird / Mar 04, 2016 07:13 pm


Pastor Charged With Taking Bribes from Defunct Bitcoin Exchange - 

The US government has indicted a New Jersey pastor and former credit union executive for allegedly accepting bribes tied to a now-defunct Florida bitcoin exchange that is now the target of federal prosecutors. The move comes ahead of the trial's start in October.

Stan Higgins / Mar 04, 2016 05:38 pm


Why Bitcoin is Not the Root Cause of Ransomware - 

Coin Center research director Peter Van Valkenburgh discusses bitcoin's involvement in a new string of ransomware attacks, arguing that the technology shouldn't be made a scapegoat for these crimes. In fact, he goes on to suggest the technology might even be able to help forge solutions to this longstanding problem.

Peter Van Valkenburgh / Mar 04, 2016 05:28 pm


Arizona Congressman Supports Blockchain 'Revolution' at DC Summit - 

Bitcoin and blockchain technology were heralded as innovations by members of the US government at a conference this week. There, US Congressman David Schweikert lauded the technology, going so far as to predict it could lead to a coming 'revolution' in financial services.

Emma Stamm / Mar 04, 2016 04:00 pm


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Industry Event Updates

Consensus 2016 Agenda Released

We've now revealed details of our action-packed C16 agenda, featuring two and a half days of expert blockchain presentations, panels, and demos. There will be plenty of networking opportunities at our knowledge bar and exhibition areas, and at two evening receptions! Check it out

Contact Peter Bordes, bordes@coindesk.com for for more information on sponsorship. (View Slidedeck)

May 2-4 / Marriott Marquis / NYC

View Consensus 2016 details →

Industry Press Releases

03 Mar - Shortest Month Yields New Trading Highs of $2.2m for First Global Credit
03 Mar - BitQuick.co Begins Accepting BitGo Instant Transactions
03 Mar - BTCS Executives Donate Personal Shares to Benefit Consumers Research

Read More Press Releases →


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