BitPay: ‘Silicon Valley is Becoming a Bitcoin Hub’
Bitpay Chief Commercial Officer Sonny Singh, whose responsibility is to bring bitcoin to the masses and to small businesses worldwide, led a discussion about bitcoin, the importance of the block chain technology to banks, the rapid growth in VC investments, and the benefits of bitcoin for merchants and small e-businesses. Singh began his talk with a brief comparison between the investments in the bitcoin industry and internet. “The most important number is [VC investments have] gone up 3x this year compared to last year, and so having been based in Silicon Valley for 15 years, and seeing a....
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Richard Waters, writing in Financial Times, is reporting that Silicon Valley's A-Listers seem to be fast climbing onto the Bitcoin bandwagon. More and more of Silicon Valley's venture capitalists have been queuing up to invest in Bitcoin start-ups. Yesterday, some of Silicon Valley's heavy hitters bought into the $20 Million funding round for Xapo. This list included none less than Reid Hoffman of Greylock Partners, Mike Volpi of Index Ventures attracting funding from the deep pockets of Max Levchin, Yuri Milner as well as Jerry Yang, the co-founder and former CEO of Yahoo!. But this....
In support of the continued growth of Bitcoin, BitPay has expanded its operations and opened offices in San Francisco and New York. The expansion means that the company will now have four locations throughout the world. Headquartered in Atlanta, the Bitcoin payment processor specializes in providing solutions to businesses looking to accept the virtual currency. The offices in San Francisco and New York will give BitPay the opportunity to spread knowledge of Bitcoin, and will supplement the company's headquarters to handle implementation, operational support and sales for BitPay's....
Cardano founder Charles Hoskinson said he chose Wyoming to base Input Output Global (IOG), and not Silicon Valley, because of the Valley’s “unhealthy” environment. The comments dispel the notion that tech firms need Silicon Valley to “make it.” What’s more, his candid account of trying to integrate into that culture delivers a humbling that some […]
The Silicon Valley division of global telecommunications giant Orange is planning to invest in the bitcoin space. Orange Silicon Valley (OSV), which lists cryptocurrency as one of its main focus areas, is looking to spend up to $20,000 per startup and is currently in talks with two bitcoin companies, according to Bloomberg.
A Silicon Valley-based startup accelerator will host a bitcoin job exposition for those seeking employment in the cryptocurrency industry. The Bitcoin Job Fair will take place on 3rd May at the Plug and Play Technology Center in Sunnyvale, California, from 1pm-5pm (PST). Notable employers include Circle Internet Financial, BitPay and Blockchain, among others. Scott Robinson, who leads bitcoin efforts at Plug and Play, told CoinDesk: "The entire message is to show, effectively, that bitcoin is hiring right now." Engineering talent. Robinson says that he expects over 250 job seekers to come....