Tag: funding

bitcoin foundation suspends elections. newbstc bitcoin news

Maverick Libertarian Senate Candidate Austin Peterson Accepting Bitcoin for Campaign No Comments

Austin Peterson, U.S. Senate candidate for Missouri, has announced that he will be giving his supporters the option to donate to his campaign using Bitcoin. Branding himself as the "opt out" candidate, he believes that voluntary participation should underpin any government service. This extends to Social Security, Obamacare, and also to fiat currency apparently. Being a former Libertarian presi...


The State of Montana Provides Public Funds to Bitcoin Mining Firm No Comments

Quite a few interesting things are happening in the Bitcoin world as of late. With the price on the rise, a lot of people anticipate some bad news to spoil the party. However, it appears local governments are showing a new form of appreciation for cryptocurrency. In Montana, the local government is providing public funds to a Bitcoin mining operation. It is an interesting take on job creation, to ...


NewsBTC COinbase Funding

Coinbase Wants To Value Itself at US$1bn Despite Ongoing Customer Service Issues No Comments

The Coinbase exchange has quite the reputation in the world of Bitcoin. Over the past years, the company raises a fair amount of money from investors. It now appears they are seeking additional funds. What stands out, though, is how the company would see itself valued at over US$1bn. That is quite a lot of money, especially for a company receiving a ton of complaints as of late. On the one han...


Erik Voorhees Launches First iOS Bitcoin Trading App

ShapeShift Raises $10.4 Million in Series A Funding No Comments

The popular crypto-to-crypto exchange platform, ShapeShift has announced the successful completion of its latest Series A funding round for a sum of $10.4 million. The investment in Switzerland-based platform founded by Erik Voorhees was led by Earlybird Venture Capital and saw participation from the likes of Lakestar, FundersClub, Blockchain Capital, Pantera Capital and Access Venture Partners. ...


NewsBTC_BitFinance Funding

Zimbabwean Bitcoin Startup BitFinance Raises Undisclosed Amount of Funding No Comments

Investments in Bitcoin and cryptocurrency companies continue to peak as of late. BitFinance, a startup located in Zimbabwe, secured a new round of investment earlier this week. With the new funds, the company aims to boost cryptocurrency awareness and grow its customer base. It appears Bitcoin is getting more popular in Zimbabwe and other African countries. The name BitFinance may not ring a be...


Coinify’s Partnership with Blockchain to Strengthen the Bitcoin Ecosystem No Comments

The leading Bitcoin block explorer and wallet service provider, Blockchain has announced a partnership with the cryptocurrency payments service provider — Coinify. The partnership will allow Blockchain wallet users to utilize Coinify's payment service to directly fund their Bitcoin wallets almost instantaneously by making fiat payments. With Coinify's services, users will be able to buy the d...


Dumb Money Blockchain

Is Blockchain Development Primarily Funded By Dumb Money? No Comments

There are many different opinions on blockchain technology and how viable this technology seems to be right now. Some people are even arguing blockchain development is funded by dumb money. With over uS$250m invested this year alone, the time to deliver on distributed ledgers is now. But is the investment itself justifiable, or are investors getting caught up in all of the hype? It has to be sa...


NewsBTC_VCs Funding Bitcoin Startup

Running A Successful Bitcoin Company Does Not Necessarily Require VCs No Comments

The Bitcoin and blockchain sector heavily relies on investments from VCs. But as it turns out, the venture capital approach can cause quite a few issues for companies as well. There is a right and wrong approach to dealing with VC funding when push comes to shove. Enterprises taking the wrong approach will find themselves at a significant disadvantage. In the end, it all boils down to whether o...


Westpac Reinventure Australian Fintech Startups

Westpac And Reinventure Double Down on Australian Fintech Startup Effort No Comments

The fintech industry is heating up in Australia as of late. Westpac is backing a second AU$50m startup fund for fintech startups in the country. The bank will do so in collaboration with Sydney-based VC firm Reinventure. The hunt for promising Australian fintech startups is in full swing, and it is positive to see Westpac being part of this initiative. It is not the first venture by Westpac in ...


ISIL Funding No Bitcoin

UK Parliament Report Shows No Bitcoin Involvement In ISIL Funding No Comments

For quite some time now, there have been unfounded rumors about the involvement of Bitcoin in terrorist funding. A new report by the UK parliament touches upon the funding of ISIL, and where the money is coming from. It is not surprising to see zero references to Bitcoin whatsoever. Instead, all of the money is coming through traditional channels. How ISIL Is Getting Its Funding Together Cuttin...


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