#bitcoin

The Bitcoin Foundation: Down and Out

Recently it became apparent that the Bitcoin Foundation would run out of money by March if it failed to find money for its further operations. Less than a month later two members of the Foundation board left it with a fuss. It may seem that the organization is in big trouble.

Story: How I used Bitcoins to Help an Imprisoned Friend

DISCLAIMER: This material was written by one of our readers. ForkLog disclaims all and any responsibility related to any events or anything described therein by the writer. Following the writer’s request, we do not disclose their personal data in the site’s materials. Recently I faced an uncommon problem of helping a friend imprisoned for possession […]

Atlantis is Back and it is Using Bitcoin

According to a Facebook entry by the prime minister of self-proclaimed micronation Atlantis, Joby Weeks, the country has officially made Bitcoin its currency. The country formerly known as Pontinha, is a small island off the Portuguese coast occupying 178 square meters of area. According to the country’s self-proclaimed leader “Prince” Renato Barros, 56, who earlier […]

Russia’s Biggest Bank Considers Implementation of the Blockchain Technology

Sberbank, Russia’s biggest state-owned bank, is planning to join R3 in order to develop its services with the blockchain technology. This was announced by the bank’s deputy chairman, Leo Khasis, in an interview to Kommersant.

Purse Announces a Secret Project

Bitcoin startup Purse announced a mysterious thing they called a “secret bitcoin project” named Tritium, which seems to be released in near future. No details regarding the project were available from the startup itself and its investors. The only information known in this respect is that the project is set to provide “new value to […]

Major Ukrainian Bank to Work with Bitcoin

One of Ukraine’s biggest banks, PrivatBank, announced finalization of testing period for a service providing merchants with an option of accepting bitcoins for their goods. The service is quite usual for the crypto-space, as it transacts hryvnias (Ukrainaian national currency) to the merchant’s account in case of local acquiring, or Euros in case of international […]

Russian Parliament Attacks Cryptocurrency Along with Ponzi Schemes

Russian State Duma considers several draft laws providing administrative and criminal prosecution for arrangement of companies working on Ponzi schemes, which are broadly referred to in Russia as ‘financial pyramids’. An amendment to the Criminal Code establishes four years of inprisonment for distribution of any information related to such organizations.

KUNA Launches a Crowdsale for Ukraine’s First Bitcoin Exchange

Bitcoin agency KUNA announced a crowdsale for Ukraine’s first bitcoin exchange. Auction set to sale 10 percent of shares of the new platform launches on December, 13.

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