Bitcoin’s oldest trade organization has voted in a new, relatively unknown executive director.
Half of the proceeds from an apparently errant bitcoin transaction have been donated by the recipient mining pool.
Bitcoin Foundation board members Jim Harper and Olivier Janssens have exited the trade organization amid questions about its future.
Meeting minutes, published yesterday, show board chairman Brock Pierce declaring that the Bitcoin Foundation is "close to running out of money".
Bitcoin Foundation director Bruce Fenton has proposed removing all of the organisation's founding members, including bitcoin creator Satoshi Nakamoto.
Venture capitalist Brock Pierce has been elected chairman of the board of directors at the Bitcoin Foundation.
Bicoin Core developers Gavin Andresen, Wladimir van der Laan and Cory Fields have joined the MIT Media Lab’s new Digital Currency Initiative.
Following weeks of controversy, Bruce Fenton has been named executive director of the Bitcoin Foundation, the industry's oldest trade organisation.
The Bitcoin Foundation board of directors has issued a new statement on the controversy surrounding its current financial situation.