Bitcoin Shop CEO Charles Allen Joins GoCoin Advisory Board
We're learning this afternoon that Bitcoin Shop, Inc CEO Charles Allen has been appointed to the Advisory Board of digital currency payments processor GoCoin, LLC. The appointment comes about two months following a $1.5 million Series A funding round led by Mr. Charles Allen himself along with Bitcoin Shop Chief Operating Officer Michal Handerhan. "Charles brings extensive business and financial leadership to the GoCoin Advisory Board," said Steve Beauregard, founder and CEO of GoCoin. "We welcome his guidance and look forward to a long, successful working relationship together." GoCoin....
Related News
This is sure turning out to be a good week in bitcoin investments! Just announced this morning is the news that Bitcoin Shop, Inc. has strategically invested $1.5 million (Series A) in GoCoin, a leading payment processor in the digital currency sector. Bitcoin Shop operates as a virtual currency marketplace, and the investment comes from the company's CEO Charles Allen, COO (and Chairman) Michal Handerhan, former Facebook COO Owen Van Natta, Crypto Currency Partners, and others. "Bitcoin Shop is an ecommerce platform that delivers a seamless digital currency shopping experience for its....
Charles Allen is the CEO of Bitcoin Shop, a publicly traded US bitcoin company that leverages Amazon's affiliate program to sell a wide selection of e-commerce products for bitcoin, litecoin and dogecoin. Bitcoin Shop is now seeking to expand its industry goals, recently making strategic investments in key partners, including California-based bitcoin buying service expresscoin and digital currency processor GoCoin, with the goal of using e-commerce to build a universal bitcoin company. Allen recently spoke about his company's ambitions at The North American Bitcoin Conference, held last....
GoCoin has announced it has raised $1.5m in funding in order to expand its operations as an international payments platform for cryptocurrencies. The round was led by the Bitcoin Shop, which is a publicly traded company on the over-the-counter market. "Our investment in GoCoin reflects our confidence in their product and their team," Charles Allen, CEO of Bitcoin Shop, said in a statement. Former Facebook COO Owen Van Natta and investment firm Crypto Currency Partners also participated in the round. "User demand continues to grow for alternative payments," said Van Natta, adding: "I'm....
Bitcoin Shop, Inc. (BTCS) and Spondoolies-Tech recently announced that they are in the process of merging operations in order to create the first publicly-traded bitcoin transaction verification companies. BTCS has recently launched its own mining farm and would own 53% of the merged entity. With this merger, BTCS can gain access to the technology of one of the top hardware providers in the ecosystem, which is Spondoolies-Tech. Charles Allen, the current CEO of BTCS, will act as the CEO and chairman of the merged company while Guy Corem, Spondoolies CEO and co-founder, will serve as a....
Bitcoin Shop announced today that some of its management team would waive the majority of their salaries for the next six months, and that all the company's officers had volunteered to cancel their employment contracts. Bitcoin Shop's chief executive Charles Allen described the efforts as part of a broader attempt to reduce the company's fixed costs while protecting existing shareholders from dilution, because the company would not have to issue new shares at "deeply depressed" prices as compensation to executives. Allen added that he is also foregoing his salary as part of the temporary....