Venture Capital

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

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ICOs 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 … Read more

Openbazaar Raises $5M from Investors Including Bitmain

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On Tuesday, March 13, OB1, the company building the cryptocurrency-centric marketplace Openbazaar, has announced it has raised $5 million USD in a recent series A funding round. According to the startup, Omers Ventures and Bitmain Technologies were the lead investors in the funding round for the e-commerce marketplace. Also Read: Survey Finds South Korean Youth the … Read more

Silicon Valley VCs Help Crypto Hedge Fund Reach Quarter Billion Target

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With bitcoin hovering at around only $9,000 and the entire cryptocurrency market at similar low levels, short term speculators are acting as if a great calamity is upon us. Long term investors on the other hand are just entering the ecosystem now and building up a portfolio of assets that offer growth opportunities uncorrelated to … Read more

Jameson Lopp Leaves Bitgo to Launch Casa Wallet for the Crypto Rich

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Bitgo engineer Jameson Lopp is a Bitgo employee no more. The developer, who is one of the best known figures in bitcoin, has been coaxed away to Casa, a startup seeking to create a secure wallet for the crypto rich. With annual maintenance fees running into five figures, the service is for hodlers with deep … Read more

The Satoshi Revolution – Chapter 5: ICOs – Peril or Menace or Expression of Satoshi Spirit? (Part 2)

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The Satoshi Revolution: A Revolution of Rising Expectations. Section 2 : The Moral Imperative of Privacy Chapter 5: Implementing Crypto Privacy by Wendy McElroy ICOs: Peril or Menace or Expression of Satoshi Spirit? (Chapter 5, Part 2) It was the best of times, it was the worst of times, it was the age of wisdom, … Read more

Coinbase Is Making $2.7 Million a Day

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Running a major cryptocurrency exchange can be a logistical nightmare, but the rewards make it all worthwhile. In information released to shareholders this week, Coinbase revealed that it recorded turnover of $1 billion last year, which works out at an astonishing $2.74 million a day or $2,000 a minute. Also read: South Korean Card Companies Block … Read more