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Bitcoin Foundation ‘effectively bankrupt’, may split in two | PaymentEye

Bitcoin Foundation ‘effectively bankrupt’, may split in two | PaymentEye | Mobility & Financial Services | Scoop.it
The Bitcoin Foundation may split into two separate bodies after facing reputational damage, declining membership and continued losses.
Katia Hilal's insight:

The article does not elaborate with regards to the impact on Bitcoin holders. Under which jurisdiction will the Bitcoin foundation file for bankruptcy?

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Square raises $200M, Plans to Go Global

Square raises $200M, Plans to Go Global | Mobility & Financial Services | Scoop.it

Square, the fastest-growing mobile payments company in the U.S., has just closed its latest financing round, the start-up told in a short announcement on its website. No details are provided, but according to various sources the company has raised $200 million at a $3.25 billion valuation. By comparison, in its previous funding round last year, Square had raised $100 million at a valuation of $1.6 billion. Since then, the company’s processing volume has grown exponentially and its staff has more than doubled.


Via Philippe J DEWOST
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