Bitfury Pays in Bitcoin to Join UK’s Innovate Finance

Bitfury Pays in Bitcoin to Join UK’s Innovate Finance

The leading Bitcoin infrastructure provider Bitfury has officially joined the London fintech group Innovate Finance this week after announcing it would enter the accelerator back in November of 2015. According to Business Insider, Bitfury paid £10,000, or 37.55 BTC, to join the organization that aims to propel the UK’s position as the fintech community’s global technology hub. In fact, Bitfury will be the first members that pay for their enrollment in bitcoin, and the company wouldn’t have it any other way. The UK group has over 150 members including IBM, Mastercard, and Visa but none of....


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Quotes

For much of history since its beginning in ancient Egypt, the essence of cryptography—which takes its name from the Greek words for “hidden” and “writing”—lay in encoding language to keep a message secret.

Paul Vigna, The Age of Cryptocurrency