Tangible Cryptography's BitSimple Raises $600,000 in Seed Funding
Tangible Cryptography has announced a $600,000 seeding round which they will be using to launch a new sales portal called BitSimple. BitSimple pegs itself as "A simpler way to buy and sell bitcoins" - an exchange allow users to both buy and sell bitcoin right from their digital wallets, maintaining a higher level of security that traditional exchange might exhibit. In addition to making things secure, BitSimple wants to get bitcoins in your wallet today - not wait 1+ week like on Coinbase (which isn't an exchange in the traditional sense). With dedicated servers and high security, this....
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Tangible Cryptography has announced the completion of a $600,000 seed round investment funded completely in bitcoin. The company will use the funds to launch BitSimple, a new bitcoin sales portal that aims to set itself apart from traditional bitcoin exchanges. Tangible Cryptography is not the first company to pull off a successful seed round in bitcoin. Last November Korean startup Coinplug did the same, raising $200,000 in the currency (alongside $200,000 in fiat). BitSimple is described as a simple, fast and secure alternative to large bitcoin exchanges. It will allow users to buy and....
Tangible Cryptography says it is suspending new purchases of bitcoins through its FastCash4Bitcoins service while it tries to resolve a compliance issue with the Commonwealth of Virginia. Posts on both FastCash4Bitcoins and the Bitcoin Forum reported that a complaint had been filed alleging that Tangible Cryptography was operating as an unlicensed money transmitter. Following an initial investigation that determined the company's activities might be considered "money transmission" under state law, the Virginia Corporation Commission asked for further information from Tangible Cryptography.....
PRESS RELEASE. Vancouver, August 8, 2022 – Airswift, a fintech startup pioneering Web 3.0 native payment solutions, announced that it raised $2 million USD in a pre-seed funding round led by CE Innovation Capital (CEiC).
The latest funding comes amid a bear market sentiment and uncertainty around crypto. It indicates that investors are confident about Airswift’s unique model, and optimistic about the future of payment solutions that power the use of digital assets.
With blockchain technology at its core, Airswift is building a comprehensive payment....
Tangible Cryptography, LLC announced last night (UTC + 5) on bitcointalk.org that it had suspended operation of its bitcoin sales site, FastCash4Bitcoins.com. In the announcement, which was mirrored on FastCash4Bitcoins, the company cited communication they received from the Commonwealth (State) of Virginia on Friday, 31 May, as cause for the shutdown, which occurred the same day. According to Tangible Cryptography, a complaint had been received by the Commonwealth of Virginia State Corporation Commission alleging that the company had been acting as an "unlicensed money transmitter." This....
It is raining investments in the digital currency sector. A number of companies have raised millions of dollars in funding in recent days. Case Wallet Inc. also known as CryptoLabs has recently raised another tranche of seed investment of about $750,000 towards its bitcoin wallet business. Case Wallet Inc. is the manufacturer of Case secure hardware bitcoin wallets. The New York based startup has so far raised seed investment of about $2.25 million, including the earlier $1.5 million raised in June 2015. With the latest tranche of investment, the seed investment round stands closed. READ....