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Janssens and Harper Elected to Bitcoin Foundation Board after Lengthy, Chaotic Election Process

Bitcoin Magazine, 1/1/0001 12:00 AM PST

The process was “messy” but the results are in. The new board members for the Bitcoin Foundation are Olivier Janssens and Jim Harper with 63% and 60% approval respectively. Michael Perklin finished third with 52% approval followed by Bruce Fenton with 50%. Out of  595 confirmed voters, 440 votes were cast (74%). In order to be elected, candidates had to be approved by at least 50% of eligible voters. In the first round of voting, none of the 13 candidates met that 50% approval threshold, so a run-off election among the top 4 candidates was held. Olivier Janssens, a libertarian and voluntaryist, ran on a platform of decentralizing core development, bringing full transparency to the Foundation, and focusing on widespread […]

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Bitcoin Trading Pulls Correction Deeper

CryptoCoins News, 1/1/0001 12:00 AM PST

Bitcoin trading, today, sacrificed the technical advantage it had gained from Friday’s advance above long-term resistance. The market had already successfully tested the trendline on the day but returned to it in a cynical sell-off during Sunday trade. This analysis is provided by xbt.social with a 3 hour delay. Read the full analysis here. Bitcoin […]

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BitFury Reveals 28nm Bitcoin ASIC Chip at 0.2 Joules Per Gigahash

CryptoCoins News, 1/1/0001 12:00 AM PST

BitFury has completed manufacturing their new 28nm Bitcoin ASIC miner chip. This a big step from their current 55nm chip. BitFury had a great 2014 bringing in $40 million in venture capital funding. Valery Vavilov, the CEO of BitFury, has also made moves to other parts of the Bitcoin industry partnering with BitGo and looking beyond […]

The post BitFury Reveals 28nm Bitcoin ASIC Chip at 0.2 Joules Per Gigahash appeared first on CryptoCoinsNews.

Bitcoin Exchange Independent Reserve’s CEO Dies in Motorcycle Accident

CryptoCoins News, 1/1/0001 12:00 AM PST

Australian Adam Tepper founded the Independent Reserve Bitcoin exchange in June, 2013, and launched it last October. One of the unique features of Independent Reserve was its ties to “Australia’s highly regulated financial sector” and its annual auditing by PricewaterhouseCoopers, one of the four biggest auditors in the world. Yesterday, the former IT manager was […]

The post Bitcoin Exchange Independent Reserve’s CEO Dies in Motorcycle Accident appeared first on CryptoCoinsNews.

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