Blockchain Blog

Bitcoin News for the week of 4/27/15

Welcome to our weekly Bitcoin news recap, where we cover top headlines and stories in the world of Bitcoin each week. This week we looked back at the past 12 months, and did a series on top Bitcoin news stories that we covered over the year. Also this week, you can read about Bitcoin companies taking the initiative to help out in earthquake-stricken Nepal. In investment news, Circle received a huge vote of confidence, with a $50m funding round that included Goldman Sachs.

Read this news and more, below.

Image via Bitcoin Magazine
[Make an Impact: Donate Bitcoin to Projects on the Ground in Nepal](

Recently Nepal was hit with a magnitude 7.8 earthquake – the worst in 80 years. More than 4,000 people died, and hundreds more are without food, water or shelter. Natural disasters shake not just the core of our communities, but also the core of our humanity. Many of us feel a deep-seated need to reach out and help during major catastrophes. Three leaders in the Bitcoin ecosystem – the BitGive Foundation, ChangeTip, and BitPay – have solutions to help.

Top 10 Bitcoin news stories from the past year

We took a look back at some of the most influential headlines, from April 2014 until March 2015, and want to share this with you as a reminder of how rapidly this landscape is growing and changing. We sorted through hundreds of news stories that we broke down into six categories. Each category featured 10 stories we felt did a great job of encapsulating the past 12 months.

How Bitcoin is Disrupting Argentina’s Economy

Harnessing Bitcoin’s workaday utility — is what so excites some investors and entrepreneurs about Argentina. Bitcoin can be cheaper and more convenient than Argentina’s financial establishment. In effect, Argentines are conducting an ambitious experiment, one that threatens ultimately to spread to the United States and disrupt some of the most basic services its banks have to offer.

Circle Raises $50 Million With Goldman Sachs Support

Bitcoin financial services startup Circle Internet Financial has closed a $50m funding round. The Boston-based company drew support from Goldman Sachs and China-based IDG Capital Partners, as well as all of Circle’s pool of existing investors, including Breyer Capital, General Catalyst Partners and Accel Partners.

Tim Draper leads $1.2M investment in Bitcoin startup Hedgy

Hedgy, a Bitcoin company that hopes to tackle the cryptocurrency’s volatility issues, has emerged from Adam Draper’s Boost accelerator with $1.2 million in hand. In addition to the funding, the company also announced that its block-chain enabled contracts are now available.

This D.C. bitcoin company raised $2.3 million to mine more bitcoins

Bitcoin Shop, one of only a handful of D.C. companies that operate in the virtual currency industry, raised $2.3 million in venture capital last week, according to an SEC filing. The investors were not disclosed by CEO Charles Allen, but include a mix of hedge funds and individual investors. The funds will be used to expand the company’s mining operations.

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Illustration via
[Apple Co-Founder Steve Wozniak Joins Next Gen Payment Startup Planet Capital](

As CoinTelegraph South Africa reported, Multi-function crossover ATM operator Planet Capital has announced that Apple co-founder Steve Wozniak is joining its board as an advisor and director. The move, which was confirmed to CoinTelegraph by CTO Dan Sokol, marks a decisive step in Wozniak’s affiliation with blockchain infrastructure.

Line-up for first TEDxCanaryWharf unveiled

The line-up has been revealed for the inaugural TEDxCanaryWharf event on June 20 at Level39. Confirmed speakers include Nicolas Cary, co-founder of Blockchain. Lead organizers for TEDxCanaryWharf said: “London is a melting pot of people and ideas, and nowhere is that more apparent than in Tower Hamlets – in the diversity of its inhabitants, in the rich history of the Docklands, and in the financial houses that make up the Canary Wharf skyline.”

Blockchain co-founder Nicolas Cary soon in Luxembourg

Nicolas Cary, Co-Founder of Blockchain will be one of the guest speakers at ICT Spring Europe 2015. During his conference, on May 19th, he will provide the audience with a global review of the state of Bitcoin.  In order to develop his vision and share his expertise, he will also take part at the Digital Banking Panel Discussion.

Richard Branson holding digital currency summit on private Caribbean island

Later this month in May, Virgin Group founder Richard Branson is set to hold a digital currency summit on Necker Island, his 74-acre private island in the British Virgin Islands, to discuss the future of Bitcoin, blockchain technology and digital currency.

Seven Cities Leading Bitcoin Adoption in 2015

The Bitcoin industry has grown rapidly across the globe. The number of Bitcoin merchants has risen, the value of Bitcoin startups has increased and most importantly, awareness of Bitcoin has increased in countries with poor banking or financial systems. These are the 7 cities that are leading the world’s Bitcoin adoption.

Coin Center Issues a Flexible Template for Bitcoin Regulation

Bitcoin policy think tank Coin Center published a framework for state digital currency regulation. The report, titled “State Digital Currency Principles and Framework,” is a model for digital-currency-specific regulations and laws.

McGill Bitcoin Airdrop

Bitcoin Airdop at McGill University (Montreal, Canada) by Bitcoin Embassy, McGill Crypto Club and Bitcoin Canada. This video was taken during the McGill Bitcoin Airdrop, a joint project between the Bitcoin Embassy and the McGill Cryptocurrency club. Another great Bitcoin education and promotion campaign out of Montreal, Canada.

A Bitcoin Analogy

“Imagine there are a group of lockers in a public place….” Need help understanding Bitcoin? Read this analogy and use it as a way to help you grasp the benefits of Bitcoin.