Weekly Altcoin News Update: Brock Pierce Resigns from Mastercoin Foundation and a Nxt Stakeholder Posts a 500 Bitcoin Bounty
Welcome to the CryptoCoinsNews weekly altcoin news update, where we examine important altcoin stories that have gone under-the-radar. This week's article examines Brock Pierce's resignation from the Mastercoin Foundation and a huge Bitcoin bounty offered by a Nxt user whose coins were hacked. Brock Pierce Resigns from Mastercoin Foundation. Controversial Bitcoin Foundation board member and Realcoin founder Brock Pierce has resigned from his position as Mastercoin Foundation board member. Pierce was one of Mastercoin's first investors and has been very involved in the project's development.....
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Recently elected Bitcoin Foundation director Brock Pierce has dismissed allegations made by detractors in a new letter addressed to the other members of the organization's board of directors. He wrote in the letter, obtained by The Wall Street Journal, that he regretted the furore created following his election, but stated that he would not step down from the Bitcoin Foundation board. Brock said further that resigning in the wake of "hateful and uninformed chatter on bitcoin forums" would not be "rational, prudent or warranted". Brock added that such an act would be detrimental to the....
Venture capitalist Brock Pierce has been named chairman of the board of directors at the Bitcoin Foundation, the digital currency's oldest trade organisation. Pierce was elected to the position by a 3-0 vote Tuesday, with board member Olivier Janssens abstaining. The 34-year-old was nominated by board member and BTC China CEO Bobby Lee, with whom Pierce was elected to the foundation in May of 2014. In interview, Pierce indicated that his role will now be to work with newly appointed executive director Bruce Fenton as he shapes the nonprofit's 2015 strategy and works to create consensus on....
On May 9th, the Bitcoin Foundation (TBF) announced election results for two new board members to replace Charlie Schrem and Mark Karpeles. Only 102 Bitcoin Foundation members were eligible to vote, of those 31 abstained. Bobby Lee, head of BTC China, was brought on board with 79% approval. Also elected, with 65% approval, was KnCMiner.com co-founder, Brock Pierce. KnCMiner is currently the sole purchaser of TBF's $100,000 platinum membership. As per TBF's announcement, Pierce co-founded three other Bitcoin companies and "angel-invests" in Bitcoin startups. Conspicuously unannounced was....
Bobby Lee and Brock Pierce have joined the Bitcoin Foundation's board of directors, after coming top in a second round of votes cast by the organisation's industry members. The run-off election featured three candidates, including BTC China CEO Bobby Lee, venture capitalist Brock Pierce and CEO of mobile gift card provider Gyft, Vinny Lingham. The results were particularly close, with Lee receiving 79% approval and Pierce scoring 65% - just 2% above Lingham, who received 63%. With the announcement, Lee and Pierce join a board that includes executive director Jon Matonis, bitcoin chief....
The Wall Street Journal is reporting that Brock Pierce, the new industry seat of the Bitcoin Foundation's Board of Director elected to fill the vacated spot previously held by Mark Karpeles, has responded to criticism that he has faced since joining the board at the Bitcoin Foundation. To catch you up to speed, Brock Pierce is a Disney child actor turned entrepreneur. His most recent venture has been to become Co-Founder of KnCMiner.cn. The reasons for the controversy over his appointment are his past ventures in the dotcom bubble, a class-action lawsuit from the Blizzard gaming community....