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News about Bitcoin Foundation
  • New Bitcoin Foundation chief eyes crowdfunding

    The newly appointed head of the Bitcoin Foundation, a group that promotes development of the digital currency, believes crowdfunding is one part of the solution for its troubled finances.

    Written by Tim Hornyak14 April 15 12:57
  • Bitcoin Foundation hit by big bitcoin losses

    The Bitcoin Foundation, formed in 2012 to promote the virtual currency, has rejected claims by a board member that it's bankrupt but has acknowledged significant financial problems -- ironically as a result of a big drop in the value of its bitcoin holdings.

    Written by Martyn Williams08 April 15 07:06
  • Bitcoin Foundation said to be out of cash

    The Bitcoin Foundation, an organization that promotes development of bitcoin, is "effectively bankrupt" and has shed most of its staff, a member of the foundation's board of directors has said.

    Written by Tim Hornyak07 April 15 16:13
  • Bitcoin bank Flexcoin shuts down after massive theft

    Flexcoin, a site that described itself as the "world's first bitcoin bank," has closed after it got hacked and all of the bitcoins it had placed in online storage were stolen, the site recently announced.

    Written by Zach Miners04 March 14 18:38