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Brock Pierce, the newly elected board member of the Bitcoin Foundation, has written a letter to the members addressing the issue of his election. He referred to the sexual abuse allegations that date back 14 years and declared his innocence from them. In the letter obtained by...

Bitcoin exchanges in China are considering ways to escape the PBOC crackdown on Bitcoin. Huobi, one of the largest Bitcoin exchanges in China, said that it might move its operations overseas in order to continue its services and protect customers. Huobi’s founder and chief...

Last week when the Bitcoin Foundation conducted elections for two vacant board member seats, the election resulted in no outright winners. As a result of this, the Foundation opted to have another election, but this time they limited the candidates to only the top three that were...

Bitcoin has been hit once again by the Chinese regulatory hammer as the crackdown gets stronger, due to the warnings issued by People’s Bank of China. On twitter, BTC China, one of the most vocal and prominent Chinese Bitcoin exchanges, tweeted: Dear users, Due to...

After former Bitinstant CEO Charlie Shrem and MtGox’s CEO Mark Karpeles resigned from the Bitcoin Foundation, an election was held to fill in the vacant seats. The voting for the open industry board seats ended on April 30th at 11:59 EDT. According to Bitcoin Foundation, there...

Bobby Lee, the founder and CEO of China’s largest bitcoin exchange, BTC China, gave an interview to Bloomberg TV on March 19th addressing the issue of bitcoin in China. Bobby Lee: Bitcoin not Banned in China He explained that the digital currency has not been banned in the...

Even after the price of Bitcoin has fallen significantly due to Mt.Gox and government regulations, people still want the digital currency. Speaking to RT, a Russian news website, the CEO of BTC China, Bobby Lee, has said that the revolution known as Bitcoin will become larger...