Blog Archives

Chain raises $9.5 million for block chain API development

Posted on 20th August, 2014

San Fransisco-based bitcoin development house Chain is already well ahead of the curve when it comes to raising venture capital. In January, the startup raised $4.2 million to further develop its API for bitcoin’s block chain, enabling a new suite of mobile apps to quickly and easily interact with the cryptocurrency network’s data. Clearly, investors […]

Singapore’s BitX secures $800k in venture capital funding for emerging market expansion plans

Posted on 19th August, 2014

Venture capitalists and angel investors are betting big on bitcoin’s appeal in emerging-market economies, a trend only reinforced by BitX’s latest fundraising announcement. The Singapore-based bitcoin services provider revealed today that it has raised $824,000 in a seed-funding round. Investors include London-based Ariadne Capital and Palo Alto-based investor Carol Realini, as well seemingly ubiquitous bitcoin-backer […]

Barry Silbert steps down as SecondMarket CEO to focus “100%” on bitcoin

Posted on 25th July, 2014

It’s hardly a secret that Barry Silbert is a big fan of bitcoin. In the past year, the SecondMarket founder has become one of the best known evangelists for the digital currency, giving countless mainstream interviews and investor presentations. He’s also been more than willing to put his money where his mouth is, investing millions […]

Swedish bitcoin exchange Safello picks up $250,000 in funding

Posted on 11th July, 2014

Earlier this year, Swedish bitcoin exchange Safello made headlines for snagging roughly $600,000 in venture capital from some of the heaviest hitters in the bitcoin world: Erik Voorhees, Roger Ver and CEO Nicolas Cary. Yesterday, Safello announced that it had raised an additional $250,000 in VC funds, this time from Bitcoin Opportunity Corp (BOC), […]

SecondMarket CEO says bitcoin approaching an “inflection point”

Posted on 26th June, 2014

Speaking on yesterday on Bloomberg TV’s Street Smart, SecondMarket CEO Barry Silbert claimed that the bitcoin industry is nearing a positive “inflection point” after downward-trending six months. Silbert was on the show to discuss SecondMarket’s buyers’ syndicate for the U.S. Marshal Service’s auction of nearly 30,000 BTC seized from the Silk Road, but the conversation […]