In November, President Obama announced a series of Executive Actions to fix the broken immigration system. As a part of these efforts, he charged the key federal agencies responsible for administering our legal immigration system to explore ways to mod…
Category: Money
Digital Asset Holdings CEO Blythe Masters Named Chairman of Santander Consumer USA
Blythe Masters, the CEO of Digital Asset Holdings, a blockchain company, succeeded Stephen Ferriss today as the non-executive Chairman of the Board of Directors of Santander Consumer USA Holdings Inc. Santander is a holding company that specializes in consumer finance, focused on vehicle finance and unsecured consumer-lending products. “Blythe Masters’ deep understanding of the financial markets and emerging bank technologies, coupled with her regulatory expertise, make her the right choice to lead the SCUSA Board,” said Jason Kulas, CEO of SCUSA, in a prepared statement. “She has a long track record as an innovator, which fits SCUSA’s entrepreneurial culture and our focus on using data and scalable technology to originate and service attractive consumer assets.” Santander has been one of […]
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President Obama: “Our Criminal Justice System Isn’t as Smart as It Should Be”
President Barack Obama delivers remarks at the NAACP Convention in Philadelphia, Pa., July 14, 2015.
(Official White House Photo by Pete Souza)
Yesterday, the President traveled to Philadelphia to address the NAACP’s 106th national convention. In his remarks, he laid out the reasons why we need to reform America’s criminal justice system, and why we need to invest in our communities and expand opportunity for all Americans.
Overstock Wants to Clean up Food Distribution – and Wall Street
Overstock.com is expanding its already popular online produce delivery service by teaming up with farmers in 35 states, Retailing Today reports. The partnership means that nearly half of Americans currently have access to this continuously expanding service. Overstock’s newest fresh-food partner, Front Door Farms, whose products are now offered through Overstock’s Farmers Market, delivers to the customer’s door two or three days after harvest. “We chose Front Door Farms because it works with local farmers to harvest fruits and vegetables that are fresh and nutritious,” said Overstock CEO Patrick M. Byrne. “Our goal is to deliver fresh produce the way farmers grow it, as opposed to the food-like substances delivered through this nation’s agribusiness supply chains. Products sold in Overstock’s […]
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Italian Spyware Tracks Down Bitcoin Transactions and Private Keys
Italian spyware vendor Hacking Team’s internal data was hacked and released this week, leaking research and information on how its bitcoin spyware called “Money Module,” which was used to spy on protesters and political dissidents works. The Italian spyware vendor has been selling the software that surveils computers or smartphones to a range of clients, including international law enforcement agencies. The software was launched in January 2014, and has been used to track down transactions of cryptocurrencies such as bitcoin, litecoin, feathercoin and namecoin. The software targets one key file in a bitcoin wallet called wallet.dat, which contains a set of private keys needed to settle a transaction on the blockchain. Once the software gets hold of the keys, it […]
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BitGive Foundation Unveils Video at Inside Bitcoins, Announces New Initiatives
“In 2013 we started to dream about how the Bitcoin community could change the world…” These words were the beginning of a powerful three-minute video, presented on Saturday at Inside Bitcoins in Chicago by Connie Gallippi, founder of the BitGive Foundation. The presentation, demonstrating the impact of the bitcoin charity’s efforts in Kenya, served to kick off fundraising for the next phase in BitGive’s philanthropic mission: Bitcoin Charity 2.0. Produced as a joint effort between BitGive and The Water Project and sponsored by BitPesa and Libra, the video recounts the story of the project that brought a water well, fully funded by the Bitcoin community, to the Shisango Girls School. Located in a remote area in western Kenya, the well […]
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Vladimir Putin Addresses Digital Currencies on Russian National TV
This week, Russian President Vladimir Putin addressed bitcoin and digital currencies for the first time on the nation’s domestic TV network, Russia 24. Putin announced that the Bank of Russia has been exploring possible use cases of the blockchain technology and its applications. Although the technology can be used as a method to manage or record transactions, Putin explained that the whole currency [bitcoin] is problematic because it is not backed by anything. In his exact words, Putin stated, “Bitcoins are backed by nothing, and this is the major problem.” However, Putin also announced that Russia is not rejecting the technology and bitcoin itself, and does not plan to prohibit bitcoin anytime soon. However, he also explained that there are […]
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African Bitcoin Startup Wins Bill & Melinda Gates Foundation Grant, Launches Blockchain Event Series in Nairobi
Bitcoin startup Bitsoko announced that it soon will begin sponsoring a Blockchain Event Series in Nairobi, Kenya. The events, held monthly at the iHub innovation hub, will focus on Blockchain education and networking, and offer opportunities for local startups to pitch. The Bitsoko team, which is spread across Africa with a presence in Ghana, Zimbabwe, Uganda, Sierra Leone and Rwanda, uses Bitcoin to revolutionize money transfer and remittance services. The company offers digital currency services ranging from remittance and money transfer services to payment processing for merchants at a fraction of the current rates. Last month Bitsoko won a Grand Challenges Explorations grant from the Bill & Melinda Gates Foundation. “Daniel Bloch of Bitsoko in Kenya will develop their mobile […]
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Rand Paul for President Announces Michigan Statewide Grassroots Co-Chairs
Rand Paul for President today announced the addition of former State Representative Tom McMillin and former Republican National committee member Chuck Yob as co-chairmen of the Michigan Grassroots Leadership Team.
Rand Paul for President Announces Michigan Statewide Grassroots Co-Chairs
Rand Paul for President today announced the addition of former State Representative Tom McMillin and former Republican National committee member Chuck Yob as co-chairmen of the Michigan Grassroots Leadership Team.