Jack Dorsey commits $1M to Coin Center on top of Grayscale's $2M donation
The D.C.-based advocacy group just raised millions for its ongoing research and lobbying efforts. Here’s how the numbers broke down. 2021 is shaping up to be a generous year for cryptocurrency donations. On Wednesday, Coin Center, the leading cryptocurrency nonprofit in Washington, D.C., announced that it had raised millions in additional funding from high-profile names in the crypto industry. Jerry Brito, Coin Center’s executive director, tweeted that his organization had received enough donations to claim the $1 million in matched contributions from Grayscale Investments, the world’s....
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Just hours after an anonymous source claimed India would issue a blanket ban on all cryptocurrencies, Jack Dorsey and Jay-Z announced a 500 Bitcoin development trust. Twitter CEO Jack Dorsey has announced the creation of a blind Bitcoin (BTC) development trust worth 500 BTC ($23.7 million), along with rapper Jay-Z, for teams working on the project in India and Africa. Dorsey revealed the creation of the trust on Feb. 12 while sending out a call for three board members to oversee the blind trust initially.JAY-Z/@S_C_ and I are giving 500 BTC to a new endowment named ₿trust to fund #Bitcoin....
Jack Dorsey, CEO of Twitter, hinted at the possibility of integrating Lightning Network into Twitter yesterday. Dorsey answered a Tweet of a follower saying it was “just a matter of time” for this to be a fact. Dorsey is a big Bitcoin proponent and has extended Bitcoin functionality to another of his companies, Square. Jack Dorsey Hints at Twitter/Lightning Network Integration Jack Dorsey hinted yesterday at the possibility of integrating Lightning Network into Twitter. Dorsey stated it was “only a matter of time” for this to happen, answering a follower’s....
Brink, a fledgling Bitcoin non-profit outfit, got the nod from Jack Dorsey via a BTC donation. Jack Dorsey, CEO of social media powerhouse Twitter, has donated 1 BTC to Brink, a non-profit group focused on Bitcoin’s technological framework. “Honored to have received a 1 BTC donation to our developer funding efforts from none other than @jack!,” Brink’s Twitter account posted on Tuesday. At time of publication, that Bitcoin (BTC) is worth $46,824.Reporting earlier this month showed the recently established organization getting 503(c)(3) non-profit status from the Internal Revenue Service,....
Reports have surfaced that Twitter CEO Jack Dorsey will be stepping down from his executive role with the company. But what might the Bitcoin supporter be focused on next and will it directly involve the leading cryptocurrency by market cap? CNBC: Jack Dorsey To Step Down At Twitter CEO According to CNBC’s David Faber, sources […]
Twitter now has a new chief executive officer after Jack Dorsey resigned Monday. Dorsey, who is still the CEO of Square Inc., previously said that he wants to focus on bitcoin. Fundstrat Global Advisors’ managing director and head of research explained why Dorsey’s departure from Twitter is bullish for crypto. Twitter Has New CEO: Jack Dorsey Steps Down Jack Dorsey announced Monday that he has resigned from Twitter. In his letter to the Twitter team, the former CEO explained that it was his decision to leave. Parag Agrawal, who served as Twitter’s chief technology....