BlockFi board of directors replaces 'Crypto Dad' after four months
“I’m looking forward to continuing to advise this impressive group of leaders, as they work to bridge the worlds of traditional finance and blockchain technology,” said Christopher Giancarlo. Former Commodity Futures Trading Commission chair Christopher Giancarlo, also known as “Crypto Dad,” will be leaving crypto lending firm BlockFi’s board of directors, but continuing to advise the group on digital assets.In a Wednesday announcement, BlockFi said Ellen-Blair Chube, a managing director and client service officer at investment banking firm William Blair & Company, would be replacing....
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Per a Form 8-K filed with the U.S. Security and Exchange Commission (SEC), software company MicroStrategy (MSTR) will pay its board of directors in Bitcoin. The decision was taken on April 11, 2021, and it’s applicable to all non-employee directors. As the document says the executives will receive all fees for their service to MicroStrategy […]
Nasdaq-listed Microstrategy, which has amassed nearly 100K bitcoins in its treasury, has modified its compensation agreements for the board of directors. The company will now pay non-employee directors in bitcoin, citing its commitment to the cryptocurrency “given its ability to serve as a store of value, supported by a robust and public open-source architecture, untethered to sovereign monetary policy.” Board of Directors Will Be Paid in Bitcoin Microstrategy Inc. (NASDAQ: MSTR) has filed a form with the U.S. Securities and Exchange Commission (SEC) stating that its Board of....
A recent Bitcoin Foundation Board of Directors meeting revealed that the organization is on the ropes, with only a few months worth of funding left. This news comes after a $55-65 thousand dollar donation Brock Pierce secured from the BitClub mining organization. While the donation was substantial, it apparently was not enough to ease the Foundation’s....
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....
MicroStrategy has announced that it will pay its board of directors in bitcoin, furthering its remarkable journey toward hyperbitcoinization.