Yesterday the centOS team posted an open letter as a last resort trying to fix a problem in the team with the person that holds the centos.org domain and financial funds.
The Red Hat Enterprise Linux clone used by so many people is having considerable teething problems while attempting trying to professionalise their services.
CentOS is not dead or going away. The signers of the Open Letter are fully committed to continue the CentOS Project. Updates and new releases will continue.
The project is currently not accepting any new donations while they figure the issues out. Hopefully one of the big companies that depend on this distribution -like Akamai- will step up to the plate and offer them a hand. For the full story read the posts below.