Blockchain Blog

Bitcoin News for the week of 5/18/15

Welcome to our weekly Bitcoin news recap, where we cover top headlines and stories in the world of Bitcoin each week. This week in Bitcoin was busy, with the NYSE creating some waves with it’s new Bitcoin index, NYXBT. Also this week, Blockchain Co-Founder Nicolas Cary won the European Digital Leader award at the European ICT Awards and a fantastic discussion of Bitcoin was held at the New York Public Library with Gavin Andresen and others. Keep reading to get this news and more.

Sending out massive congrats to our co-founder @niccary for winning European Digital Leader of the Year! #ICTSpring

— Blockchain (@blockchain) May 19, 2015

Old-school NYSE creates a new bitcoin index

The New York Stock Exchange is diving deeper into the world of Bitcoin with the introduction of a bitcoin pricing index. The index, which will be made available through NYSE’s Global Index Feed and free on its website for a limited time, is intended to serve as a definitive benchmark for valuing the currency — in the same way that the LIBOR index is used to measure global interest rates.

Bloomberg Brief Special Release: Bitcoin, What is the Future?

Bloomberg released an issue of its free digital newsletter, Bloomberg Brief, that focused on major moments in Bitcoin’s history, growth and looking towards the future.

Goldman Sachs is trying to up its street cred in Silicon Valley

The bank has a team called the principal strategic investments group, which puts money into companies that are disrupting the financial services industry. That group recently chaperoned Goldman’s portion of a $50 million funding round for a startup named Circle Internet Financial Ltd. Goldman sources say the bank views the technology, called “blockchain,” as a transformative tool for trading.

The Perianne Boring Interview: How the CDC Is Teaching Washington About Bitcoin

We recently had the chance to sit down with Perianne Boring and talk with her about how she’s managed to achieve so much in such a short time, Washington’s evolving relationship with Bitcoin, and more.

North Carolina House Seeks Oversight of Bitcoin Activities

A bill calling for specific regulation of digital currencies such as bitcoin has been approved by the North Carolina House of Representatives and has moved to the state Senate for further deliberation. House Bill 289 seeks to enact a new Money Transmitters Act (MTA), which would specifically address the transmission of virtual currencies such as bitcoin.

[![Laszlo's two pizzas he paid 10,000 BTC for on May 22, 2010](](
Laszlo’s two pizzas he paid 10,000 BTC for on May 22, 2010
[Bitcoin Pizza Day Celebration for The Bernard & Millie Duker Children’s Hospital](

To celebrate Bitcoin Pizza Day the New Scotland Ave, Albany Papa John’s location is going to be delivering pizza slices to children at the Bernard & Millie Duker Children’s Hospital. The Bernard & Millie Duker Children’s Hospital at Albany Medical Center is a 125-bed facility devoted exclusively to the medical needs of infants, children and adolescents, and is the referral center for all seriously ill and injured children from 25 counties in upstate New York and western New England.

What Bitcoin’s History Means For Its Future: Q&A With Nathaniel Popper, Author Of ‘Digital Gold’

Many are describing Bitcoin as the Internet of money. But digital currency’s development is in such an early stage, it’s currently similar to the Internet in 1994. The new technology’s short, turbulent history makes for a riveting book, “Digital Gold: Bitcoin and the Inside Story of the Misfits and Millionaires Trying to Reinvent Money,” by Nathaniel Popper, a New York Times reporter covering the intersection of Silicon Valley and Wall Street.

NYPL: Gavin Andresen | Nathaniel Popper | Andrew Ross Sorkin | Fred Wilson

New York Times reporter Nathaniel Popper’s book, Digital Gold, illuminates this confounding technology through the first ever narrative recounting of Bitcoin’s dramatic rise to prominence. He will be joined on stage by the programmer who has been leading the Bitcoin project since 2010, Gavin Andresen, and one of the biggest venture capitalists to back the technology, Fred Wilson of Union Square Ventures. The conversation will be instigated by New York Times columnist and CNBC anchor Andrew Ross Sorkin.

Behind the Ingenious Security Feature that Powers the Blockchain

From an application standpoint, blockchains enable users to own “things” without the need (or ability) for a central party to secure this ledger. The list of “things” that can be secured by the blockchain are varied, but easy examples include company shares, game tokens, dollars, and of course bitcoins themselves.

Why It Might Make Sense to Pay Your Employees in Bitcoin

If your company regularly pays wages to international workers, then incorporating Bitcoin into the payroll process could be a major cost saver. At least, that is the conceit of Bitwage, which bills itself as the world’s first Bitcoin-based payroll service.

A Startup’s Radical Bet on Bitcoin Mining Hinges on Paradigm Shift — Horizons

Months of intense speculation within the bitcoin community concluded Monday, when secretive startup 21 Inc. finally unveiled its product line. We now know the Silicon Valley firm will be making embeddable chips capable of turning your smartphone or TV into a quiet miner of bitcoins.

A Decentralized Pay-As-You-Go Streaming Service

Streamium allows anyone to broadcast live video and get paid by viewers in real time, with no need for the parties involved to trust each other or a third party. As a broadcaster, you can easily set up a video stream linked to your bitcoin address and choose the rate you want to charge your viewers. As a viewer, you can access the stream and consume its content, paying-as-you-stream using bitcoin.

Bitcoin Shop Inc. Invests $1.5 M In Bitcoin Mining Company Spondoolies-Tech

Bitcoin Shop Inc. has invested $1.5 million in Spondoolies-Tech Ltd., an Israel-based bitcoin mining company. The investment follows the announcement that BTCS and Spondoolies plan to merge. The investment marks the first step of the merger. The two companies will create the first publicly-traded company to produce bitcoin transaction verification equipment. It will also deploy bitcoin mining resources.