Editors Picks

China’s Bitcoin Ecosystem Undeterred by FXBTC Exchange Closure

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Despite optimism that the recent struggles of China’s bitcoin ecosystem had been put behind the industry, the situation took what many in the West believed may have been a more grave turn last week when bitcoin exchange FXBTC announced it would cease operations due to what it called “unprecedented pressure” from the People’s Bank of China. In a statement released on its ... Read More »

At MIT Bitcoin Expo, a Digital Currency Economy Takes Shape

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Amid the frenzied construction and polished towers of the Massachusetts Institute of Technology, more than 300 students, faculty and community members gathered to hear about what many at the MIT Bitcoin Expo called the world’s first bitcoin economy. The Expo was organized by Jeremy Rubin and Dan Elitzer, who raised more than $500,000 in bitcoin to distribute $100 in bitcoin to ... Read More »