Voting Underway for Bitcoin Foundation Board of Directors
The Bitcoin Foundation is now conducting elections to fill the two open industry seats on its Board of Directors. The seats have been empty since the arrest of Charlie Shrem and the subsequent resignation of Mt. Gox CEO Mark Karpeles, whose Japan-based bitcoin exchange filed for bankruptcy earlier this year. Nominations began in February, with voting officially starting on 21st April. Voting is expected to last one week, and all Bitcoin Foundation industry members are eligible to vote. Campaigning is now taking place via forums on the organization's website. Current board members. The two....
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Following the sudden resignations of former BitInstant CEO Charlie Shrem and Mt. Gox CEO Mark Karpeles earlier this year, the Bitcoin Foundation has been short two members for its Board of Directors, its key decision-making body. Due to the ensuing fallout, many community members and current board members have expressed optimism that the newly elected candidates will reinvigorate the foundation at a time when it is seeking to bring bitcoin's message to mainstream consumers worldwide. However, though the polls are scheduled to close just shy of midnight tonight, there remains the....
The Bitcoin Foundation has announced that it is now accepting nominations for a new board member to fill the open spot left vacant since the arrest of former BitInstant CEO Charlie Shrem this January. The organization broke the news via blog post on 18th February, setting a 7th April deadline for nominations. Voting will be held on 21st April, with multiple voting rounds set to occur if there are a large number of nominees. In addition to the overview of the voting process, the Bitcoin Foundation provided information on how prospective nominees will be allowed to campaign for the position,....
As an update to a post in mid-February that indicated a vacant industry seat on the Board of Directors of the Bitcoin Foundation was available, the Foundation has posted an update that indicated that two industry seats are now available on the board. Presumably, this is related to the recent forfeiture of the seat once occupied by Mark Karpeles of Mt. Gox. On February 23rd, the foundation announced the Tokyo-based exchange (now under bankruptcy protection) had stepped down. In order to nominate a potential candidate, one must be an Industry Member of the Bitcoin Foundation. Nominees must....
The Bitcoin Foundation board of directors has issued a new statement on the controversy surrounding its current financial situation and proposed restructuring. Overall, the blog post seeks to clarify perceived misstatements issued over the weekend in a post that generated widespread discussion in the community. The full release takes aim at accusations that the organisation is "bankrupt" and has fired "90% of its staff". Though attributed to the Bitcoin Foundation board of directors, the statement does not seem to represent the board in its entirety. Both board members representing the....
The Bitcoin Foundation is holding an election for a vacant industry seat on the organization's board of directors, according to a blog post put up on Tuesday. Industry Members are able to nominate an individual for a position on the board, and the elected member will join the current board members: Micky Malka (Ribbit Capital), Mark Karpeles (Mt. Gox), Gavin Andresen, Jon Matonis, Elizabeth Ploshay (Bitcoin Magazine), and Peter Vessenes (Coinlab). Voting begins on the week of April 21st, 2014, and nominations must be in by April 7th, 2014. Board members are expected to "provide leadership"....