New Bitcoin Foundation aims to bring legitimacy to digital currency

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A new foundation will seek to rally support for Bitcoin, aiming to overcome the challenges faced by the digital currency and boost its use in the long run. Peter Vessenes, the entrepreneur behind the CoinLab incubator in Seattle, is the executive director of the newly launched Bitcoin Foundation. “My hope is that the Bitcoin Foundation… Read More…

Chart: Here’s how Bill Gates is giving away his billions

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Microsoft co-founder Bill Gates has pledged to give away the vast majority of his money. But how is the billionaire allocating those funds? The Bill & Melinda Gates Foundation today released a breakdown as part of its 2010 annual report. Interestingly, the $2.4 billion that Gates gave away in grants last year, is about $575… Read More…