ShapeShift Raises $525k, Reveals Erik Voorhees as Creator
Instant bitcoin and altcoin exchange ShapeShift has received $525,000 in seed funding from investors Barry Silbert and Roger Ver. The Swiss-based platform, which lets users swap between 25 digital currencies and tokens, differs from traditional exchanges in that it operates without user accounts and requires no form of registration. Silbert, who invested as part of the Digital Currency Group, told CoinDesk: "ShapeShift has reinvented the altcoin market and enables the fastest, most efficient and least risky way for people to exchange different digital currencies and tokens." As part of the....
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Since its founding in 2013, ShapeShift has gained popularity because of its speed and privacy. Despite its success, little was known about the company or the people behind it. Now, though, the exchange has announced the true identity of its founder and CEO: Erik Voorhees, prominent Bitcoin entrepreneur. In addition to this news, ShapeShift annoucned that it raised £525k (563,745 USD) from Barry Silbert and Roger Ver. “Why the mystery? The goal with ShapeShift was this: build a service that was safe and trustworthy by design, not by faith in the creator,” wrote a ShapeShift spokeswoman.....
The chief executive officer of ShapeShift, Erik Voorhees, is cementing himself as a fan of the DeFi space. Decentralized finance (DeFi) has gained many supporters over recent months, Voorhees being one of them. He is an early adopter of Bitcoin that became one of the first public investors and innovators in the space. Related Reading: […]
This piece has been updated with comment from ShapeShift CEO Erik Voorhees. Digital currency exchange ShapeShift.io has raised $1.6m in new funding. As reported by TechCrunch, the round drew support from Digital Currency Group, bitcoin entrepreneur Roger Ver and Bitfinex, the Hong Kong-based bitcoin exchange. Bitcoin Foundation executive director Bruce Fenton, Transform PR founder and CEO Michael Terpin and Trevor Koverko, founder of education-oriented e-commerce platform eProf, also took part in the round as angel investors. The announcement comes nearly six months after ShapeShift....
ShapeShift has recently announced that Michael Perklin has joined the team as Chief Information Security Officer. Cointelegraph has caught up Michael Perklin and Erik Voorhees, CEO and Founder of ShapeShift, on their way from Satoshi Roundtable and asked to elaborate on some key security concerns that come with Blockchain technology. Coming back stronger. Unfortunately, hacks are still inevitable, and ShapeShift suffered a breach in April 2016. A significant sum from the company’s hot wallet was stolen but not a cent of customer funds was lost, stated Erik Voorhees, the company’s CEO the....
A fake Erik Voorhees Twitter account is trying to scam users into filling out a survey to steal their altcoins, the latest blog post from the company reveals. Erik Voorhees, CEO of the cryptocurrency exchange ShapeShift.io had reported the account to Twitter; the account is suspended as of now. The fake account used to mirror the CEO's Twitter account, using the same name and the image, however, there was only a minor distinction. The fake account handle is @ErikVorhees (with a single 'o') while the real account is @ErikVoorhees. Users of the fake account spammed people, asking them to....