BitFury

Bitcoin

Bitfury Releases Merchant, Developer Tools for Bitcoin’s Lighting Network

Blockchain technology firm Bitfury has released a suite tools aimed to drive adoption of bitcoin’s lightning network.

Business  ·  23 January 2019
BitFury

Bitfury Hires a CEO for Its Blockchain-Sleuthing Service

Bitfury has hired a CEO for Crystal, its service that examines public blockchains for criminal transactions, and a head of software sales.

Markets  ·  22 January 2019
Regulation

Bitfury Adds Former SEC Commissioner to Advisory Board

Former SEC Commissioner Annette Nazareth is joining the advisory board of crypto mining firm Bitfury.

Tech  ·  21 November 2018
Funding Rounds

Crypto Mining Tech Firm Bitfury Closes $80 Million Funding Round

Bitfury Group has just closed an $80 million funding round led by venture capital firm Korelya Capital.

Business  ·  6 November 2018
IPOs

Report: Bitfury Weighs Initial Public Offering

Crypto miner manufacturer Bitfury is reportedly looking into raising funds through an initial public offering.

Business  ·  25 October 2018
Lightning Network

Quick Brew? Bitfury’s Coffee Machine Accepts Bitcoin Via Lightning Network

A Bitfury-led engineering team has created a coffee vending machine capable of accepting bitcoin payments through the Lightning Network.

Business  ·  20 September 2018
Bitcoin

Bitfury Reveals New Generation of Bitcoin ASIC Chips

Bitfury Group unveiled a new generation of bitcoin mining ASICs on Wednesday, boasting greater efficiencies than previous models.

Tech  ·  20 September 2018
Bitcoin

Bitfury-Backed Group Mined 800 Bitcoins in Q1

Hut 8 Mining Group raised $70 million CAD to invest in mining machines, and mined 828 bitcoins in the first quarter of 2018.

Markets  ·  24 May 2018
Bitcoin

Justice Department Veteran Backs Bitcoin Crime-Fighting Tool

A former U.S. Department of Justice section head has been hired to help drive sales of Bitfury's Crystal, a blockchain tracking product.

Policy & regulation  ·  11 May 2018
Mining

Bitfury-Backed Bitcoin Miner Secures Canadian Land Deal

Bitfury-backed Hut 8 Mining Corp has secured a new headquarters in Canada's Alberta province.

Business  ·  22 March 2018
Bitcoin

Bitfury-Backed Bitcoin Miner Hut 8 Prepares to Go Public

Hut 8, two months after announcing its partnership with Bitfury, is preparing to be listed on the TSX Venture Exchange prior to expanding mining ops.

Markets  ·  12 February 2018
Bitcoin

The Downside of Tracking Bitcoin on the Blockchain

Tracking funds on the blockchain may help catch crooks, but such snooping undermines one of the most important characteristics of money: Fungibility.

Policy & regulation  ·  7 February 2018
Bitcoin

Bitfury Enters Bitcoin Crime-Fighting Business

After years of working with clients who were leery of bitcoin’s dark past, Bitfury has launched a suite of investigative tools to help fight crime.

Policy & regulation  ·  30 January 2018
Ukraine

Ukraine’s Government Plans to Auction Seized Assets On a Blockchain

Ukraine's justice ministry has begun testing the use of a blockchain to digitally auction seized assets, according to a report.

Markets  ·  7 September 2017
BitFury

Blockchain Startup Bitfury Files for Electronics Design Patent

Venture-backed blockchain startup Bitfury is seeking a patent related to electronics design, public documents reveal.

Business  ·  28 July 2017