Posts

Showing posts with the label organization

Jack Dorsey’s ₿trust acquires African Bitcoin organization Qala

Image
As part of the acquisition, Qala rebrands as the ₿trust Builders Programme and aims to drive the development and education across the Global South. ₿ trust , a non-profit organization funded by Twitter (now X) co-founder and Bitcoin (BTC) advocate Jack Dorsey, is scaling up its programs in Africa with a new acquisition. The non-profit has acquired Qala, an organization dedicated to training Bitcoin and Lightning engineers in Africa. The acquisition will help ₿Trust succeed on its mission to drive the development and education of Bitcoin open-source engineers from across the Global South, the organization said in a joint announcement. As part of the transaction — which was completed on Sept. 1 — Qala will rebrand as the ₿trust Builders Programme. Founded in 2021, Qala has been engaged with sourcing, training and matching African software developers with global Bitcoin firms, helping them obtain the most relevant skills in the global Bitcoin ecosystem. A rebranding notice on Qala’s web...

SecretDAO votes to restructure foundation after public spat between organizations

The new foundation will be governed by a board of 3 or more members, and no organization will hold more than one seat. The DAO that governs privacy-focused Blockchain Secret Network (SCRT) has voted to restructure its Secret Foundation as a non-profit with a “transparent operation,” according to the proposal’s official page. Congrats to the #SecretNetwork community! The Secret Foundation has been restructure d as an NPO, with a community-elected board & amendments requested by the founder. # Blockchain #cryptocurrency — Krypton AI (@KryptonAi) February 10, 2023 The proposal stated that the new foundation “will be registered as an NPO [non-profit organization] and provide an annual account of its activities, including key performance indicators (KPIs), budgets, and goals.” The foundation will be run by a board made up of three or more community members. No single organization will be allowed to hold more than two seats on the board, according to the proposal. It passed wit...