Category: Venture Capital

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Circle Raises $110Mn With Plans to Launch USD-Backed Coin

Circle Raises $110Mn With Plans to Launch USD-Backed CoinThe cryptocurrency based firm Circle announced it has raised $110Mn USD in a Series E fundraising round led by the Chinese firm Bitmain Technologies. Circle now joins Coinbase as one of the most well-funded cryptocurrency companies in the U.S., and the Boston-based firm has announced plans to issue a dollar-backed cryptocurrency called USD-C. Also read: Yahoo! […]

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The Blockchain Economy Is the Result of Political and Social Realities: An Interview with James Haft of CryptoOracle

There’s a strong sense of community in crypto, whether it’s troubleshooting wallet setup, collaborating on GitHub, or answering the questions of interested and skeptical friends. All of these daily interactions happen on a micro level and are mostly about making money. James Haft, co-founder of New York-based CryptoOracle, is a modern-day Rousseau, focused on blockchain technology’s role in reshaping economies and society. In this exclusive interview, we’ll get into the philosophical motivations behind decentralization and its impact. The Merkle: Hi James, can you tell us a little bit about CryptoOracle? James Haft: In October 2017, Lou Kerner and I formed CryptoOracle,

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SPI Solar to Host 5,000 Bitcoin Miners for Chinese VC Fund 500 IPO

SPI Solar to Host 5,000 Bitcoin Miners for Chinese VC Fund 500 IPOGreen bitcoin mining, using renewable energy to produce the cryptocurrency, is in vague across the world. And while generating hydroelectric power from dams have been more widely reported recently, solar power is gaining ground, as exemplified by 500 IPO entering the space.   Also Read: Blockchain Mining Completes Bitfarms Merger, Stock Jumps 49% Sun-Powered Bitcoin […]

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Telegram’s ICO Has Raised $1.7 Billion – But Not Everyone Is Impressed

Telegram’s ICO Has Raised $1.7 Billion – But Not Everyone Is ImpressedICOs that can raise over $1 billion are the unicorns of the crowdfunding space. To date, only EOS and Telegram have achieved that feat. Any project of that magnitude is bound to cause controversy, and while the headlines have focused on the $1.7 billion Telegram has raised, some investors have steered well clear of the […]

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