Coinbase Expands Internationally, Now Available In 14 Countries

Over the past two years, Coinbase has made it easy to use bitcoin. Over 1.6 million consumers, 36,000 merchants and 6,000 developers have signed up to use our product. While people all over the world have made use of the Coinbase wallet, the U.S. has been our fastest area of growth, largely due to our integration with the U.S. banking system which makes it easy for people to buy and sell bitcoin. Other markets have not grown as quickly because people have been unable to buy and sell in their local country.
Today, we’re looking to change this. Coinbase is …read more

On The Lam (Part 52)

When we arrived at the farm, I got to setting up the caravan just the way I wanted it. Once that was completed, Jap took me on a tour of …

Man Tries to Inform Cops that his Son is Autistic, So he is Assaulted, Tased, and Arrested

“I stated, ‘I’m his father, and just wanted to tell you he’s autistic.’ He turned around and said, ‘Leave or you’ll be arrested!’ He started walking towards me and said ‘you’re under arrest.’ I said, ‘for what?’, I kept saying over and over all I wanted to do was tell you he’s autistic. He just replied, ‘you’re under arrest.’”
All charges have been dropped against Roy Sherman, the man who was tased, arrested and charged with assaulting a deputy, all for trying to inform officers his son was autistic during a routine traffic stop in Marion County, Florida CopWatch reports.

On May …read more

Men Arrested for Flying Drone Too Close to NYPD Chopper, Turns Out the NYPD was the One Too Close

Initially, the police claimed that the drone attacked the helicopter and attempted to fly into it, but audio that was later released by air traffic control tells a different story. In the air traffic control recordings, the NYPD helicopter pilot can be heard announcing that he is following the drone.
The two New Yorkers were arrested in July after an NYPD helicopter chased down a drone that they were flying. Wilkins Mendoza and Remy Castro were flying a 500$ DJI Phantom drone near the George Washington Bridge late one Sunday night when the aircraft was spotted by an NYPD helicopter.
The pilot …read more

Coinbase Responds To New York’s Recently Proposed BitLicense

Coinbase has now completed its formal response to the New York Department of Financial Services on their recently proposed BitLicense Draft.
You can download our formal response here. [PDF]
To summarize the main points of our response:

We feel the BitLicense is duplicative of the current money transmitter regulations which are a more appropriate form of regulation for the future of digital currency.

Certain aspects of the proposed recordkeeping and anti-money laundering requirements would eliminate the core utility of Bitcoin and cryptocurrencies, substantially hindering the innovation which all of us including, purportedly the NYDFS, find so promising.

Any regulation of virtual currencies at this stage …read more

Citizen Calls Out Traffic Cop for Breaking the Law, Never do Cops Correct Themselves….Until Now

We’ve seen an encouraging number of videos made by citizens calling out police for their above the law actions. However, how often do these citizen stops result in action?
Almost never, until now.
A video uploaded to Liveleak Sunday shows a cop watcher confronting a Los Angeles Parking Enforcement officer for blocking a driveway while he writes tickets to others for their parking violations.
The man taking the video, calls the traffic cop out for blocking the driveway. We were expecting an arrest or call for backup, but something amazing happens instead. The officer actually moved his car!
Persistence in police accountability was bound …read more

Braintree Partners with Coinbase to Accept Bitcoin Payments

We’re happy to announce a new partnership with online and mobile payments platform Braintree that will enable its vast portfolio of merchants to begin seamlessly accepting bitcoin on any device. Developers at Coinbase and Braintree will be working together closely to complete the integration in the next few months.
Braintree CEO Bill Ready announced the news this morning at TechCrunch Disrupt, explaining that his company is focused on giving its customers choice and flexibility. Our partnership will support that aim by including bitcoin among the wide variety of payment methods that Braintree is able to offer its merchants.
…read more