Blockchain Blog

Bitcoin News for the week of 3/2/15

Welcome to our weekly Bitcoin news recap, where we cover top headlines and stories in the world of Bitcoin each week. This week ends with a couple of exciting events like the MIT Bitcoin Expo 2015, and on Sunday will be the first annual Bitcoin Women’s Day. Blockchain is also partnering with the Bitcoin Foundation for an upcoming event for DevCore London. Find out about these and more, in our recap below.

DevCoreLondonBanner

Blockchain Partners with the Bitcoin Foundation for DevCore London

Blockchain is proud to announce the title sponsorship of DevCore London in partnership with the Bitcoin Foundation. This will be the first event of its kind in Europe. We are honored to host the top Bitcoin thought leaders in the FinTech capital of the world to lead sessions on the challenges and opportunities for the Bitcoin community.

Sunday marks the first annual Bitcoin Women’s Day

This Sunday will be the first annual Bitcoin Women’s Day, an event designed to highlight and promote the accomplishments of women within the Bitcoin community. The event takes place on the same day as International Women’s Day, which has been around since the 1900s and is a recognized holiday by the U.N.

MIT Bitcoin Expo 2015 is this weekend

Blockchain’s security engineer, Kristov Atlas, will be a guest speaker at the MIT Bitcoin Expo at the Massachusetts Institute of Technology this weekend. Kristov will be speaking on March 7 at 2:30 in the Security & Usability panel.

Data Security Is Becoming the Sparkle in Bitcoin

Entrepreneurs worldwide are now working to harness that technology for use beyond Bitcoin transactions. The block chain, they say, could ultimately upend not only the traditional financial system but also the way people transfer and record financial assets like stocks, contracts, property titles, patents and marriage licenses — essentially anything that requires a trusted middleman for verification.

![Mobile comparison chart from CNN.com](http://blog.blockchain.com/content/images/2015/03/mobile-payment-comparison-1024x677.png)
Mobile comparison chart from CNN.com
[What’s the difference between Apple Pay and Samsung Pay?](http://money.cnn.com/infographic/technology/mobile-payment-comparison/)

Apple Pay has some big competitors now, including Bitcoin. Check out the mobile comparison chart where the Blockchain Wallet app is featured alongside other mobile payment methods.

Bitcoin Investment Trust Becomes the First Publicly Traded Bitcoin Fund

Barry Silbert’s Bitcoin Investment Trust (BIT) is about to become the first publicly traded Bitcoin fund. The BIT will be an interesting option for traditional investors looking for exposure to Bitcoin who prefer not to trade Bitcoin as currency.

Andreas Antonopoulos Makes Case for Bitcoin Before Australian Senate

Bitcoin evangelist Andreas M Antonopoulos has appeared before the Australian Senate as part of an inquiry into the local treatment of digital currencies. The prominent bitcoin ‘guru’ made the case for bitcoin, saying that its unique architecture and payment mechanism had important implications for network access, innovation, privacy, individual empowerment, consumer protection and regulation.

California Eyeing Bitcoin Business Licenses

California’s legislature is considering a license for Bitcoin exchanges that would require maintaining bank-style reserves against possible losses. Under a bill introduced by Assemblyman Matt Dababneh, who chairs the assembly’s Banking and Finance Committee, virtual currency businesses operating in the state would need a license from the Department of Business Oversight.

Feds auction $13.5M worth of Silk Road bitcoins

The U.S. Marshals began auctioning off about $13.5 million worth of bitcoins Thursday morning. The auction for the 50,000 units of digital currency—part of the civil forfeiture connected to the conviction of Ross Ulbricht for running the Silk Road drug marketplace—began at 8 a.m.

BTCPoint Creates 10,000 Bitcoin-Enabled ATMs Using Spanish Bank Network

Bitcoin-to-cash withdrawals are now available at 10,000 additional bank ATMs in Spain. The development is the result of agreements between BTCPoint, major national bank Banc Sabadell and Hal-Cash that will see the bitcoin service integrating with Banc Sabadell, Banco Popular, Abanca and EVO Bank units.

wordle3

10 commonly used Bitcoin terms explained – Part Two

Back by popular demand is a post on common Bitcoin words that are explained in layman’s terms. Our first post on 10 commonly used Bitcoin terms went over well, so we decided to continue with 10 more terms that we thought would help the community, especially beginners, understand them better.

Bitcoin Center NYC Takes New Direction, Launches Incubator

This year, Bitcoin Center NYC is working on their new incubator. John Lilic, the Head of Investor Relations and Operations at the Bitcoin Center, spoke about the Bitcoin Center’s new direction. “We are very busy with our incubator and seed accelerator,” Lilic said. The Bitcoin Center has invested in a number of “exciting and compelling” tech startups working on blockchain innovations, he said.

Do Cryptocurrencies Such as Bitcoin Have a Future?

Arguing that there is indeed a future for cryptocurrencies, or at least the technologies that some of them are based on, is Campbell R. Harvey, a professor of finance at Duke University in Durham, N.C. Taking the other side, that the lack of guarantees and controls cannot be overlooked, is Eric Tymoigne, an assistant professor of economics at Lewis & Clark College in Portland, Ore.