Facebook's Ben Davenport Leaves for Bitcoin Startup BitGo
Software engineer and bitcoin angel investor Ben Davenport is departing from a three-year stint at Facebook to join BitGo - a company that helps users and organizations better secure their bitcoin funds. Davenport, who has early-stage invested in at least seven bitcoin startups since 2011, will join as head of product and co-founder, he told CoinDesk, adding: "The way I think about Bitgo is it's a pioneering leader in security for bitcoin." BitGo and multisig. Davenport pointed out that BitGo was one of the first companies to release a multi-signature (or 'multisig') bitcoin wallet - a....
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Bitcoin security platform BitGo today announced the hiring of Ben Davenport, who will serve as the company's chief product officer and co-founder (which is strange, but hey, that's what the announcement says). Mr. Davenport is no stranger to the tech field, having worked previously at Google and leaving his position at Facebook to work for the San Francisco-based outfit. Davenport became a part of the Facebook team when the messaging platform he co-founded, Beluga, was acquired by the world's biggest social network in 2011, which has since morphed into today's Facebook messenger. He's also....
Today is another day in the history of Bitcoin that will help shape the future landscape of this digital currency for quite some time to come. As mentioned before, the largest AMA event in the history of Bitcoin is taking place for a few more weeks, and today will feature BitGo Co-founder Ben Davenport, as well as Bruce Fenton, Executive Director of the....
BitGo Inc., a multi-signature security company, announced the release of its newest product, BitGo Instant, which removes transaction delays completely. Along with its announcement of BitGo Instant, the company has also announced its launch partners for instant transactions. “At the beginning of this week, we had six partners. At the end, we had 10. It’s not all exchanges,” Ben Davenport, CTO of BitGo, told Bitcoin Magazine . “We have a few consumer-facing apps like Fold App. All of these guys are signed up to receive BitGo transactions. Anyone with a BitGo wallet will be able to send to....
BitGo announced today the release of its latest product offering, Verified by BitGo, a product that provides a real-time view of bitcoin assets owned by a company.Whereas in the past, verification attempts were slow and often had security risk concerns, BitGo hopes that this will be a verification that allows it to publicly share all of its assets. Further, it will be able to cryptographically display that it is in a solvent state.When dealing with brokerages and wallets, knowing that the provider is solvent can go a long way toward making a decision on using a service. This service will....
Bitcoin-focused security-as-a-service provider BitGo has secured $12m in new funding courtesy of several venture capitalists, seasoned bitcoin investors and a famed Hollywood A-lister. The funding round was led by VC firm Redpoint Ventures and it attracted Barry Silbert's Bitcoin Opportunity Corporation, Radar Partners, Liberty City Ventures, Crypto Currency Partners and Ashton Kutcher's A-Grade Investments. Speaking to CoinDesk, BitGo CEO Will O'Brien framed the successful funding round as being about "more than capital", telling CoinDesk: "The folks that we've brought on [are] people....