It's All About the Bitcoins
The Bitcoin magnate who was arrested at JFK earlier this week on charges of money laundering has resigned from his vice chairmanship of the Bitcoin Foundation.
Charlie Shrem, 24, was arrested on charges that he supplied Bitcoins to people purchasing drugs online using the Silk Road. Many speculate that he used his now defunct Read More
Bitcoin may have just gotten an upgrade.
Bitcoin Gavin Andresen announced today on the Bitcoin Talk forums that he has launched a non-profit, modeled on the Linux Foundation, that will seek to “help people exchange resources and ideas [about Bitcoin] more freely.”
If you’re unfamiliar with the Linux Foundation, it’s a non-profit aimed at promoting the growth and advancement of Linux, an open-source operating system. David Perry, author of Coding in My Sleep, describes the foundation as: