Bitcoin News Mash-Up: Jon Matonis Resigns; Real Time Bitcoin Updates Come Alive; and More


Bitcoin News Mash-Up

Following are the major Bitcoin news of the day

Jon Matonis Resigns from the Bitcoin Foundation
Jon Matonis yesterday resigned from his position as the Chief Director of the Bitcoin Foundation, and further announced to leave the group’s board as well. His vacant post will be temporary filled by the General Counsel Patrick Murck. In his tweet, Mr. Matonis showed his gratitude towards the Bitcoin Foundation. He further said in a public statement that:

“Leading the Bitcoin Foundation has been a once in a lifetime opportunity. Merging the diverse interests of the Bitcoin community has been intellectually and professionally stimulating and now it’s time to pass the baton to longtime colleague Patrick Murck. I look forward to advancing Bitcoin and contributing to the community through the private sector.”

New Bitcoin Platform Offering Real Time Transparency Data
Bitreserve, a platform that allows users to store and convert their Bitcoin, was launched yesterday after staying in beta mode since May this year. But unlike other Bitcoin-centered platforms, Bitreserve is promising a complete transparency by updating and publishing the balance sheets in real-time. The company has further notified the users that they will conduct external audits once in every 90 day.

Kraken Launched in Japan
After series of delays, San Francisco based cryptocurrency exchange Kraken finally entered the Japanese markets this Thursday. The company is simply hoping to cover the space left by the once-big-now-demised exchange Mt. Gox. Keeping such targets in mind, Kraken has opened with multiple features to attract Japanese traders, one among them being the hassle free trading service between Bitcoin and Yen. Jesse Powell, the CEO of Kraken, said in an official statement:

“We are the reigning #1 exchange in euro trading and have received consistent top ratings from third party reviewers. We look forward to bringing our expertise and service to Japan, where we will fulfill the overdue need for an exchange that puts its clients’ interests first and is dedicated to building relationships based on trust.”

To contact the reporter of the story: Yashu Gola at