The Bitcoin Foundation’s plans for a comeback have faced early skepticism after the public release of a private email from its executive director.
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".
Brock Pierce's Blockchain Capital has raised $7 million toward a second investment fund aimed at industry startups.
Venture capitalist Brock Pierce has been elected chairman of the board of directors at the Bitcoin Foundation.
Koinify has raised $1m in funding from IDG Capital Partners, Brock Pierce's AngelList syndicate, and zPark Ventures.
The bitcoin entrepreneur has announced a new cryptocurrency backed one-to-one by US dollar reserves.
The as-yet-unofficial rescue plan is gaining support from Mt. Gox customers, but many obstacles remain.
Bitcoin Foundation board member Brock Pierce has written a letter to the organisation, dismissing criticisms raised by the community.
The Bitcoin Foundation has officially announced its two newest board members: Bobby Lee and Brock Pierce.