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Mining startup dumps unprofitable users, blames it on Bitcoin price drop

Popular cloud based cryptocurrency mining service, Genesis Mining, is calling it time on lower tier Bitcoin mining contracts after claiming they’ve become a pointless endeavor. In a Genesis Mining blog post (spotted by Cryptovibes), the cloud mining firm stated that it will no longer continue to support its lower tier Bitcoin contracts. дальше »

2018-8-16 16:34


GSR Capital Invests in Overstock’s tZERO Startup Worth Up to $404 Million

GSR Capital Injects $270 Million Into tZero, A Blockchain Startup GSR Capital, a Hong Kong based private equity firm injected $270 million on tZero, a startup based on the blockchain technology. A publication in the press indicated that Overstock also established that the private equity firm would inject more outlay of approximately $30 million during […] дальше »

2018-8-16 23:20


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Private Equity Firm GSR Capital Invests $270 Million in Blockchain Startup tZero

Hong-Kong private equity company GSR Capital is set to invest a whopping $270 million in Overstock’s blockchain based startup tZero. According to a press release published on August 9, 2018 Overstock also confirmed that GSR Capital would make an additional investment of about $30 million in tZero’s ICO, thus pushing the total amount being invested in the blockchain startup to. дальше »

2018-8-13 01:45


What Is Detokenization: Will Blockchain And Initial Coin Offerings Be A Passing Fad?

Issuing a token, also known as “tokenization,” has become a very popular practice in the past few years. The amount of blockchain platforms has been growing as well – or so it seems. One firm, Latvian Startup Digipulse recently announced that it is planning on “de-tokenizing” itself. In its posting, the platform stated, “We definitely […] дальше »

2018-8-12 23:10


Pearl Pay Fintech Firm Creates Revolutionary System to Transform Philippines Remittance Industry

Pearl Pay Fintech startup has announced the launch of its groundbreaking remittance system that would make it easier for Filipinos all over the globe to carry out remittances, seamlessly. Pearl Pay has been helping Micro, Small and Medium Enterprises to facilitate transactions with its innovative financial services. дальше »

2018-7-23 15:26


VC Firm Raises $1.8 Billion for Startup Investments Including Cryptocurrency

Lightspeed Venture Partners, a venture capital (VC) firm and early investor in Snap Inc. , has raised $1. 8 billion for startup investments including cryptocurrency projects. As it eyes a business expansion to Southeast Asia, where the digital currency ecosystem thrives like no other region, the VC player is likely to fund a number of promising cryptocurrency products. дальше »

2018-7-12 07:00


Crypto Hedge Fund Multicoin Valued at $75m After Fred Wilson’s VC Investment

Despite the recent decline of the cryptocurrency market, the promise of huge profits continues to lure investors to funnel some of their funds into these digital coins. Recently, the New York-based venture capital firm Union Square Ventures (USV) officially announced its investment in Multicoin Capital, which is a cryptocurrency hedge fund startup. дальше »

2018-6-22 21:43


White-Label Cryptocurrency Exchange Startup received investment of $15M from Novogratz

Despite the current market correction, Novogratz remains overly positive towards the field in general. Investing in the Future of Cryptocurrencies Mike Novogratz, Founder and CEO of Galaxy Digital Capital Management, announced on Thursday that his asset management firm had invested $ 15 million in a startup which helps businesses build cryptocurrency exchanges and tokenize assets. Previously, Mike дальше »

2018-6-17 03:57