Home Crypto Litecoin Creator Charlie Lee Joins BTCS as New Independent Director

Litecoin Creator Charlie Lee Joins BTCS as New Independent Director

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Litecoin Creator Charlie Lee Joins BTCS as New Independent Director

Former Coinbase Director of Engineering joins as Company’s third unbiased director

Silver Spring, MD, April 05, 2021 (GLOBE NEWSWIRE) — BTCS Inc. (OTCQB: BTCS) (“BTCS” or the “Company”), a digital asset and blockchain expertise centered firm, in the present day introduced the appointment of Litecoin creator Charlie Lee to its Board of Directors as its latest unbiased member.

“We are honored to welcome Charlie Lee to our board,” said Charles Allen, Chief Executive Officer of BTCS. “A real innovator and visionary within the blockchain area, his determination to affix our board is a robust vote of confidence in our multi-faceted technique. We sit up for working intently collectively to execute on our imaginative and prescient for long-term success.”

Mr. Lee, a pc scientist finest recognized as the creator of Litecoin, the ninth-ranked cryptocurrency globally with a market capitalization in extra of $13 billion, presently serves as managing director of the Litecoin Foundation. Previously, Mr. Lee served as the director of engineering at Coinbase from 2013 to 2017 after working at Google from 2007 to 2013. Mr. Lee attended The Massachusetts Institute of Technology the place he graduated in 2000 incomes each a bachelor’s and grasp’s diploma in Electrical Engineering and Computer Science.

Mr. Lee said, “I’m excited to affix the BTCS board as the corporate embarks on the following part of its company evolution. Building on a observe report of pioneering firsts within the business, BTCS is in an important place to speed up its development by capitalizing on rising alternatives such as “staking-as-a-service” as momentum continues to construct extra broadly inside the blockchain ecosystem as it evolves into its institutional part.”

About BTCS:

BTCS is an early entrant within the digital asset market and one of many first U.S. publicly traded corporations centered on digital property and blockchain applied sciences. The Company via its transaction verification companies enterprise actively verifies and validates blockchain transactions and is rewarded with digital property for its work. The Company can be growing a proprietary digital asset knowledge analytics platform that enables customers to consolidate their crypto trades from a number of exchanges onto a single platform, enabling customers to view and analyze their efficiency, danger metrics, and potential tax implications. The Company employs a digital asset treasury technique with a main deal with disruptive non-security protocol layer property such as bitcoin and ethereum. For extra info go to: www.btcs.com.

Forward-Looking Statements:

Certain statements on this press launch, represent “forward-looking statements” inside the that means of the federal securities legal guidelines together with statements relating to our plans relating to uplisting to a senior trade. Words such as “might,” “would possibly,” “will,” “ought to,” “imagine,” “count on,” “anticipate,” “estimate,” “proceed,” “predict,” “forecast,” “undertaking,” “plan,” “intend” or comparable expressions, or statements relating to intent, perception, or present expectations, are forward-looking statements. While the Company believes these forward-looking statements are affordable, undue reliance shouldn’t be positioned on any such forward-looking statements, that are primarily based on info obtainable to us on the date of this launch. These forward-looking statements are primarily based upon present estimates and assumptions and are topic to varied dangers and uncertainties, together with with out limitation our failure to satisfy the quantitative and qualitative itemizing necessities of the senior trade, the trade rejection our itemizing utility for any purpose, as properly as dangers set forth within the Company’s filings with the Securities and Exchange Commission together with its Form 10-Ok for the 12 months ended December 31, 2020. Thus, precise outcomes might be materially totally different. The Company expressly disclaims any obligation to replace or alter statements whether or not as a results of new info, future occasions or in any other case, besides as required by regulation.

Investor Relations:
Dave Gentry
RedChip Companies, Inc.
Phone: (407) 491-4498
dave@redchip.com

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