Brock Pierce's Blockchain Capital Bags $7m in First Closing
Blockchain Capital has raised $7 million in first close to continue its investments in Bitcoin and blockchain-based ventures, the Managing Partner Brad Stephens announced on Tuesday. This is the second time Blockchain Capital is coming forward to address the capital calls of Bitcoin companies. Earlier, in its first funding round, the San Francisco firm has invested around $1.29 million in around 29 portfolio companies, including BitGo, Blockstream, ChangeTip, Coinbase, Gem, GoCoin, Ripple, and others. "We are also unique in having many founders and CEOs of top bitcoin companies as limited....
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Brock Pierce is a well known member in the Bitcoin community. Pierce is a venture capitalist and serial entrepreneur that has been involved with online technology and software since the 90’s. Pierce has been involved with Bitcoin since the beginning, taking on many roles in various organizations throughout the industry. Most notably, Pierce is the....
Blockchain Capital Managing Partner Brock Pierce said in a recent interview that although there are legitimate concerns with the current state of Bitcoin mining, the blockchain-focused venture capitalist indicated China’s stranglehold on the mining process will not last forever. Pierce was interviewed on the most recent episode of This Week in Startups, where he was asked about the issue of bitcoin mining centralization. The source of the question appeared to be Mike Hearn’s farewell Medium post in which the former Bitcoin developer claimed the Bitcoin payment network is “controlled by....
While many people take the view that Bitcoin is dying or failing due to its current issues with governance and scalability, Blockchain Capital founder and managing partner Brock Pierce believes this current controversy is a good sign. In his view, the fact that there are so many transactions on the network should be seen in a positive light because it’s a sign of the technology’s success. In a recent interview with Epicenter Bitcoin, Pierce explained his point of view on the Bitcoin block size debate and how it is currently causing uncertainty in the market. The key point that Pierce, who....
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.....
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....