Marketing and outreach activities accounted for the biggest chunk of spending, with over $36 million spent on advertisements, events, meetups, conference hosting, and other initiatives. These efforts were intended to attract new users, developers, and businesses to the ecosystem.
Bitcoin Slumps Below $54K as Mt. Gox Flags Repayments
Bitcoin slumped to the lowest since the end of February as Mt. Gox moved a sizeable amount of BTC to...