Companies

Bitcoin

New Details Emerge on Bitcoin Firm Avalon’s $466 Million Pending Sale

New details have emerged about the pending sale of Canaan Creative, the company that sells the Avalon series of bitcoin mining chips.

Business  ·  9 June 2016
Bitcoin

Maker of First Bitcoin Mining ASIC Acquired in What Could Be Industry’s Largest Sale

The China-based company behind the first bitcoin mining ASIC has been acquired.

Business  ·  8 June 2016
Ripple Labs

Stellar Co-Founder Resigns As Executive Director

One of the co-founder of digital currency startup Stellar announced their resignation today.

Business  ·  7 June 2016
Startups

Bitcoin ATM Network Acquires Exchange Startup

Bitcoin exchange startup BitQuick is being acqui-hired by a US-based digital currency ATM network.

Business  ·  6 June 2016
Venture Capital

A16z, USV Lead $1.5 Million Round for Blockchain Startup Mediachain

Mediachain has become the latest blockchain startup to join the portfolios of VC heavyweights Andreessen Horowitz and Union Square Ventures.

Business  ·  1 June 2016
Bitcoin

Bitcoin Mining Firm KnCMiner Declares Bankruptcy

The parent company of Swedish bitcoin mine operator KnCMiner has declared bankruptcy.

Business  ·  27 May 2016
CFTC

CFTC Grants Full Registration to Bitcoin Swaps Trading Platform

The CFTChas granted registration to a trading platform that was an early entrant in the US market for financial derivatives tied to bitcoin.

Business  ·  26 May 2016
Ripple Labs

Santander UK to Launch Ripple-Powered Payments App in 2016

The UK arm of Spanish banking group Santander has developed a new payments app in partnership with distributed ledger startup Ripple.

Business  ·  26 May 2016
Exchanges

Coinbase Co-Founder: Ethereum Could ‘Blow Past’ Bitcoin

In a new blog today, Coinbase exec Fred Ehrsam sought to position Ethereum as a competitor to bitcoin in the digital currency industry.

Business  ·  24 May 2016
Exchanges

Federal Court Dismisses Bitcoin Startup BitPay’s Phishing Lawsuit

A legal fight between bitcoin payment processor BitPay and a major insurance company has ended, court documents reveal.

Business  ·  24 May 2016
Startups

UAE’s First Bitcoin Startup Shuts Down

Bitcoin payments firm YellowPay has shut down according to members of its founding team.

Business  ·  24 May 2016
Venture Capital

Payment Processor Invests in Dubai-Based Bitcoin Startup

Payment service provider PayFort is among the investors in a seed funding round announced by Dubai-based bitcoin startup BitOasis.

Business  ·  24 May 2016
Russia

Payments Giant Qiwi is Building a Blockchain Replacement for its Core Database

Russian payments firm Qiwi is currently designing its own proprietary blockchain system in an effort to replace its central payments database.

Business  ·  20 May 2016
Exchanges

Coinbase Exchange to Rebrand Following Ethereum Trading Launch

Bitcoin exchange and wallet service Coinbase is adding support for ether, the native cryptocurrency of the Ethereum network.

Business  ·  19 May 2016
Startups

Presidential Cybersecurity Panel Hears Blockchain Testimony By IBM

A panel on national security and cyberspace appointed by President Barack Obama heard testimony on blockchain technology from IBM earlier today.

Business  ·  16 May 2016