2015 Q1 Bitcoin VC Investment Trumps The Numbers For All of 2014
In the first quarter of 2015, Bitcoin venture capital investment has already exceeded that of 2014. BitFury, the Amsterdam mining operation, has announced that its third round funding has exceeded 20 million dollars from investors. The company had previously acquired 20 million last summer in an investment round. BitFury plans to open up another location....
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State of Bitcoin 2015 from CoinDesk. CoinDesk is pleased to announce the latest quarterly State of Bitcoin report, featuring a 2014 Year in Review, an in-depth analysis of data and events from the fourth quarter of 2014 and a look ahead to what 2015 might bring. Overall, 2014 could be characterized as a 'Tale of Two Bitcoins'. On the one hand, significant bitcoin venture investment continued and much progress was made in furthering adoption, particularly in bitcoin payment acceptance by big brand names such as Microsoft and Dell. On the other hand, early on in 2014, the collapse of Mt Gox....
Ripple co-founder Jed McCaleb has finally unloaded his XRP on the market. McCaleb has been dumping the cryptocurrency since 2014 when he obtained 9 billion as compensation for his work in the payment company. Related Reading | Bitcoin Is ‘Here to Stay,’ Ex-BlackRock Investment Adviser Says – Better Than Gold? McCaleb parted ways with Ripple in […]
Singapore-based bitcoin exchange Quoine has raised $20 million from venture capitalists, building on a $2 million angel investment in December of 2014, according to dealstreetasia.com. The exchange will move its headquarters to Tokyo, while keeping its Singapore office. Corporate Bitcoin Investment Rises. Expanding investment by corporations in bitcoin marks a continuation of a 2015 trend. Data from CB Insights cited by dealstreetasia indicated that the top five largest bitcoin and blockchain investments have totaled $131 million in 2016 to date, of which only $4 million did not come from....
A group of US Army National Guard members have been arrested and charged with a scheme to use bitcoin to purchase stolen credit card numbers in order to make fraudulent purchases from a number of military bases. The Justice Department has said that three guardsmen – Derrick Shelton, James Stewart and Quentin Stewart – were arrested last week after being indicted earlier this month. The men were accused of using bitcoin to buy stolen credit and debit card numbers online and then use magnetic strip re-encoding tools and software to apply those stolen numbers to actual cards in their....
The Consultancy report also mentions how blockchain technology adoption is subject to far more mental barriers compared to other offerings in the FinTech sector. The year 2015 has been a particularly good one for Bitcoin startups all over the world, as a lot of money was raised over the course of 12 months. A recent report by Consultancy in the Netherlands shows how FinTech, in general, has been booming last year, with close to US$19 bn invested in total. What is of particular interest is the US$474m venture capitalists put into Bitcoin and blockchain startups. After the significant growth....