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Category: IDG Capital
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VC Funding Round-Up: Money Keeps Flowing to Crypto Exchanges and Wallets
A collection of recent funding news from the cryptocurrency ecosystem shows that despite record amounts of money raised by ICOs, the traditional route of raising funds from venture capital firms is still going strong. And cryptocurrency exchanges are involved both as investment targets and investors. Also Read: Crypto Point-of-Sale Devices Begin Roll-Out in Indonesia Despite Ban […]
The post VC Funding Round-Up: Money Keeps Flowing to Crypto Exchanges and Wallets appeared first on Bitcoin News.
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Ethereum Wallet ImToken Has $35B in Deposits, More Than 99% of US Banks
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PR: MoneyToken to Give out Loans in Stablecoin from Goldman Sachs-Backed Circle
Following the announcement that Circle, a fintech startup backed by Goldman Sachs, plans to launch a stablecoin pegged to the U.S. dollar, the blockchain-based ecosystem MoneyToken has confirmed the listing of the stablecoin, Circle USDC, on its lending platform and decentralized exchange.
The post PR: MoneyToken to Give out Loans in Stablecoin from Goldman Sachs-Backed Circle appeared first on Bitcoin News.
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Binance Exchange Founder Sued by VC Fund Sequoia Capital
Sequoia Capital, a venture capital firm headquartered in Menlo Park, California is suing the Chinese founder of the cryptocurrency exchange Binance, Changpeng Zhao (better known as CZ). The American VC fund reportedly accuses CZ of allegedly negotiating with another firm while he signed an exclusivity agreement with Sequoia. Also Read: Bitcoin in Brief Wednesday: Crypto […]
The post Binance Exchange Founder Sued by VC Fund Sequoia Capital appeared first on Bitcoin News.
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Companies Deny Having Bitcoin or Blockchain Services Amid China’s Clampdown
After Xunlei was questioned about Initial Miner Offerings (IMO), multiple public companies clarified that they did not and will not tap into the blockchain space. A Shenzhen-based bitcoin miner manufacturer issued a statement saying the business hasn’t generated much profit for the company. Also Read:China’s Regulatory Authority Warns About Risks of Initial Miner Offerings Produce […]
The post Companies Deny Having Bitcoin or Blockchain Services Amid China’s Clampdown appeared first on Bitcoin News.
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