Reuters reports that the European Parliament is working on a resolution that proposes a forced split between Google's European search engine business and the rest of their operations. Reuters offers that: Continue reading
Netherlands Repatriates Some Gold
There are reports that the Netherlands has repatriated a substantial portion of its gold holdings from the Federal Bank of New York to their own physical custody. This move changes their allocation of gold held at home from 11% to 31%, and the portion held at the Federal Reserve Bank of New York from 51% to 31% while the remainder of their holdings are split between the Bank of England and Canada. There is no news yet as to whether they've drilled the bars and found tungsten.
Ben Bernanke & Mervyn King Share Their Thoughts On Bitcoin
Former Federal Reserve Chairman Ben Bernanke and ex-Bank of England Governor Mervyn King both spoke at the CME Group conference held in Florida this past Monday through Wednesday where they were asked by an audience member what they thought about Bitcoin. Continue reading
Gavin Andresen: Core Development Has More Resources Than Ever! But We Can't Pay You
Gavin Andresen of the illegitimate Bitcon Fundation has posted an article titled "Strengthening the Core" in which he claims development of Bitcoin Core is less centralised than ever before while taking a dump on Satoshi for having previously completely controlled the project. Continue reading
Canadian Bankers Association On Bitcoin: "We're Not For It Or Against It"
Terry Campbell, president of the Canadian Bankers Association shared his views on what he thinks Bitcoin is and is not in a short interview with the Edmonton Journal. The CBA represents 60 domestic banks as well as foreign bank subsidiaries/branches operating in Canada. Continue reading
US Department of Justice: Kim Dotcom can't challenge asset forfeiture
In its continuing case against Kim Dotcom, lawyers for the United States Department of Justice are proposing that Dotcom's objections to seizing his assets around the world be completely tossed aside under the doctrine of fugitive disenfranchisement. This is in spite of the fact that Kim Dotcom is not under any reasonable definition a "US Person" who reasonably could be a fugitive. A few points: Continue reading
After Survery Vessenes' Foundation "Pivots"
In a blog post the communications and marketing director of Vessenes' Bitcoin Foundation Jinyoung Lee Englund announced that they would be shifting their focus almost entirely towards the goal of funding "core development" in the wake of results from a member survey. In the past this Foundation has engaged in a mix of activities including lobbying, marketing, and "outreach" in addition to providing Gavin Andressen a salary to work on the Foundation's fork of Satoshi's Bitcoin codebase. After justifying the move in their post they offer the following: Continue reading
Buterin Beats Zuckerberg for Award
Vitalik Buterin beat Mark Zuckerberg for the 2014 World Technology Network award in IT software. The award is presented for Buterin's role as co-creator and inventor of Ethereum which has yet to exist and co-founding Bitcoin Magazine. The event was held at the Time & Life building which no longer houses Time Inc. Time was of course spun off Warner Communications earlier this summer to a chilly reception by investors.
BitPay Begins Promoting Bitcoin Black Friday 2014
In anticipation of Bitcoin Black Friday, BitPay has begun to ramp the November 28th event by sharing some statistics from last year's event while promising that this year's sale is going to be bigger and better than ever before, for the following reasons: Continue reading
KnCMiner: Moving To 16nm, Plan To Offer Cloud Mining
KnCMiner has announced that their plans to move from 20nm to 16nm are well under way, having finalised what they say are the most important contracts in the process. The 16nm chips are expected to be deployed in early 2015 as part of KnC's new mining platform called Solar. Continue reading