Bitcoin and Blockchain News May 12, 2016

Bitcoin Foundation Receives $65,000 from Mystery Mining Pool - 

Half of the proceeds from an apparently errant bitcoin transaction have been donated by the recipient mining pool to the Bitcoin Foundation. The Bitcoin Foundation announced today it had received a 146 BTC ($65,000) donation from BitClub, which on 27th April received the fee as part of block 409,008 on the network.

Pete Rizzo / May 12, 2016 02:54 pm


Why Silvergate's CEO is Banking 15 Bitcoin Companies - 

As Silvergate Bank prepares to give its 16th bitcoin account, CEO Alan Lane talks about how his bank got in the business of working with digital currency startups. What started as a personal exploration for Lane has become corporate policy, even as the industry undergoes a transformation.

Michael del Castillo / May 11, 2016 09:02 pm


Former CFTC Official: Barack Obama 'Should Heed the Call' on Bitcoin - 

The Obama administration should move quickly to embrace bitcoin and blockchain technology, a former government regulator has argued in a new op-ed. Former CFTC commissioner Bart Chilton said that the US is at risk of losing out potential economic value by supporting the technology in its nascent days.

Stan Higgins / May 11, 2016 05:42 pm


Australia Nearing Decision on Bitcoin Exchange Regulation - 

The Australian government has officially responded to a Senate report that offered regulatory recommendations for digital currencies. In the response, the country's government indicated it is nearing a decision on whether to bring digital currency exchanges under existing AML and counter-terrorism financing laws.

Pete Rizzo / May 11, 2016 05:12 pm


State of Blockchain Q1 2016: Blockchain Funding Overtakes Bitcoin - 

CoinDesk has released its latest State of Blockchain report, analyzing news and events from Q1 2016. Weighing in at 100 slides, the presentation takes a deep dive into trends in the blockchain and bitcoin sectors to reveal new findings about the fast-changing industry.

Garrick Hileman / May 11, 2016 03:15 pm


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Press Releases

10, May - Wall Street Disintermediation Arrives as Hedge Fund Trades P2P Via Blockchain, Without a Bank or Broker
02, May - William Mougayar Unveils His New Book The Business Blockchain at Consensus 2016 in New York
22, Apr - Tech Bureau's Mijin Proves a Success in Using Blockchain for Mission-Critical Banking System
Read All Industry Press Releases →

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