$500k in funding paves way for bitcoin trading
New York City-based bitcoin startup Coinsetter has taken its first outside investment by closing a seed round of funding totaling $500,000. The round was led by Barry Silbert, the CEO and founder of SecondMarket, and tech entrepreneur Jimmy Furland. Silbert invested in the company through his Bitcoin Opportunity Fund. Tribeca Venture Partners, a venture capital firm, also took a leading role as the largest investor in the round. Other investors include Microsoft head of corporate strategy Charles Songhurst, Facebook product lead Ben Davenport and bitcoin industry leader Roger Ver. "This....
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Cryptoeats, a company that reportedly raised 8 million in a Series A funding round to build a crypto-based Ubereats alternative, disappeared after launching its token. According to estimations, the startup might have taken more than £500K from investors after the launch of its official token dubbed “eats.” The alleged scam was promoted by UK influencers and manufactured related apparel, and even hosting a launching party in London.
Cryptoeats Initiative Vanishes After Token Launch
Cryptoeats, a company that proposed to build a crypto-based Ubereats alternative,....
The CEO of Ark Investment Management (Ark Invest), Cathie Wood, still predicts that the price of bitcoin will be $500K. She says that all indicators “are all suggesting that we are in a capitulation phase, which is a really great time to buy, no matter what the asset is.” Ark Sees Bitcoin Reaching $500K Ark Invest CEO Cathie Wood has shared her view about the current bitcoin market and her prediction of where the price of the cryptocurrency will rise to in an interview with Bloomberg Wednesday. Wood has previously predicted that the price of bitcoin will increase to $500K. With....
Startups working with Algorand's blockchain may receive up to $500,000 in seed funding through the program.
NIFTEX, the platform that allows for the fractional trading of non-fungible tokens (NFTs), announced a $500,000 funding round led by 1kx.
LibraTax, a Bitcoin tax compliance solution for businesses, recently closed a $500K USD seed funding round. LibraTax's seed funding was headed by Liberty City Ventures; other seed funders include Raptor Ventures' managing director James Pallotta and BitGo CPO Ben Davenport. LibraTax's CEO Jake Benson envisions building a core product for Bitcoin tax compliance with the raised funds. Bitcoin businesses and certified CPAs need to be able to interface easily in order for Bitcoin to succeed in the mainstream. Also read: LibraTax Opens to the Public. Bitcoin Tax Nightmare Just Got Easier. When....