Sentences with phrase «funded by both digital currencies»
Paycent is mobile payment platform that functions as a dual e-wallet that can be funded by both digital currencies and fiat currency.
http://bitcoinist.com/ Not exact matches
In addition to providing tools that allow users to communicate with counterparties, TradeBlock also provides a US dollar denominated reference rate for digital currencies, which is used by a number of investment trusts and funds.
Blockchain Capital led the round, and was joined by investors including SV Angel, Digital Currency Group, Reciprocal Ventures, Collaborative Fund, Kindred Ventures, Kokopelli Capital, Notation Capital, Sparkland Capital, and V1.VC.
In 2017, the government bannedICOs — a way for start - ups to raise funds by selling off new digital currencies — and shut down domestic cryptocurrency exchanges.
Many digital currency enthusiasts expected that the launch of futures by the two major exchanges would pave the way for a bitcoin exchange - traded fund, which would likely bring even more institutional funds into cryptocurrencies.
They make it possible to raise funds by minting a new digital currency while bringing your launch story to a wide audience.
By Trevor Hunnicutt and Gertrude Chavez - Dreyfuss (Reuters)- The U.S. Securities and Exchange Commission on Friday denied a request to list what would have been the first U.S. exchange - traded fund built to track bitcoin, the digital currency.
The letter continued: «Our ad reminds viewers that Kim Jong - un and his army of hackers have been stealing billions of dollars of Bitcoin and other digital currencies for the past few years, funding their rogue nuclear weapons programs and thwarting efforts by the rest of the world to sanction this behavior.»
Its funding round last year was led by Aleph, Spark Capital and the Digital Currency Group, along with ex-Reuters CEO Tom Glocer.
Initial coin offerings took the world of digital currencies and crowdfunding by storm in 2017, having managed to raise funds worth more than $ 5 billion during this timeframe.
Speaking further, Sahil said, «We are proud to be backed by people like Roger Ver (who has single handedly funded the seed rounds for the entire first generation of Bitcoin businesses), Amit Bhardwaj (who is leading the march for Bitcoin Adoption in India), Michael Terpin (he co-founded BitAngels, the first angel network for investments in bitcoin / digital currency companies) and more Bitcoin Pioneers.
Bitcoin is being helped by growing institutional demand for the digital currency, as hedge funds, day traders and other mainstream investment outfits look to access this burgeoning asset class.
In an effort to bypass the rules and costs associated with getting listed on an exchange, many startups now are opting to raise funds by issuing their own digital currency based on blockchain technology.
Chinese regulators have launched a crackdown on individuals and firms raising funds by offering their own digital currencies.
The introduction of online transactions and digital currencies, coupled with inadequate cybersecurity, has opened the doors to North Korea for illicitly acquiring funds by new means.
Recent highlights include handling Lenlyn's # 196m disposal of its international currency exchange business, ICE, to Global Fortune 500 company, China's HNA Group; advising NorthEdge Capital and the management of Sumo Digital on the # 50m sale of Sumo Digital to Perwyn, which included handling cross-border issues involving India; and assisting the management of Shearings Group with the sale of its business to funds managed by Lone Star Ffunds managed by Lone Star FundsFunds.
The Price is Right As reported by Bloomberg, Soros Fund Management's Adam Fisher has received internal approval to trade digital currencies, though insiders claim no trades have yet been made.
Circle's Series A is one of the largest — if not the largest — amounts of funding secured so far by a digital currency startup.
Circle Internet Financial has launched with $ 9M of Series A funding to increase mainstream adoption of digital currencies like Bitcoin by providing a payment platform for consumers and merchants.
Ledger, a security startup for blockchain and cryptocurrencies, known for its bitcoin hardware wallets has today announced the closing of a $ 7 million series A funding led by MAIF Avenir, with the participation of Xange, Wicklow Capital, GDTRE, Libertus Capital, Digital Currency Group, The Whittemore Collection, Kima Ventures, BHB Network and Nicolas Pinto.
The round was led by Blockchain Capital and also included Batshit Crazy Ventures, Collaborative Fund, Digital Currency Group, Kindred Ventures, Kokopelli Capital, Notation Capital, Reciprocal Ventures, Sparkland Capital, SV Angel and V1.VC.
The effort was rejected by the commission after it found the proposed fund was susceptible to fraud due to the digital currency's unregulated nature.
The goal of the partnership is to increase capital inflows to new investment funds by providing an alternative funding method in the form of the digital currency.
News emerged Friday that The DAO, a venture capital fund operating through a decentralized blockchain inspired by Bitcoin, had been robbed of more than $ 60 million worth of Ether digital currency, or about 1/3 of its value, through a code exploit.
Depending on your country, you can add funds by converting bitcoin into FIAT, from bank transfer, or using our digital currency exchange features inside the app.
The new funding follows moves by Australian regulators to improve conditions for startups working with digital currencies, especially a decision earlier this year to finally remove a much - maligned «double tax» on bitcoin purchases.
Custos raised two funding rounds in 2016 — US$ 265,000 from a South African private investor and the New York - based Digital Currency Group in April, followed by US$ 420,000 from South Africa's Technology Innovation Agency in August.»
Alistair Milne, a crypto guru who runs the Altana Digital Currency Fund, put together a google doc that indicates robust interest in cryptocurrency following the announcement by the CME Group it would launch Bitcoin Futures in Q4 of 2017.
Recorded Future, an intelligence research firm backed by Google Venture and In - Q - Tel (a venture capital firm funded by the CIA), reported that North Korea began «mining» bitcoin on May 17 and could be using the digital currency to generate income for the regime.
For instance, CoinDesk is owned by Digital Currency Group (DCG) who in turn has funded 80 - odd companies over the last few years, including about 10 mentioned in this article (such as Coinbase and BTC China).
The so - called Coinbase Index Fund will give investors access to the digital currencies listed on GDAX, the exchange operated by Coinbase.
Alistair Milne, the chief investment officer and co-founder of Altana Digital Currency Fund revealed that the user hike in Coinbase's exchange traded platform occurred as a direct result of CME's announcement on Tuesday to launch Bitcoin futures by year end.
It aims to do this by providing a secure digital wallet that allows users to manage their cryptocurrency and fiat currency funds.
The biggest news by far is CME's upcoming launch of a regulated Bitcoin futures market, with major hedge funds announcing they will begin trading the digital currency as soon as this futures market goes live.
2017 saw a huge boom in companies raising money by issuing their own digital currencies, which are structured similarly to bitcoin, in return for funds to build their business.
In preparation for the debut, the private investment vehicle owned by Digital Currency Group (DCG) has announced the launch of Grayscale Investments, which will sponsor the BIT, taking on responsibilities as necessary to register and run the fund.
However, data compiled by Altana Digital Currency Fund co-founder Alistair Milne suggests that at the beginning of November 2017, Coinbase had over 13.3 million users, up 182 % from just 4.7 million one year earlier.
But some analysts think the new fund could bring the digital currency a step closer to broader acceptance by investors.
The billionaire founder of the Ayre Group and the Bodog entertainment brand, Calvin Ayre, is reportedly building a $ 100 million five - star resort on Antigua's Valley Church beach — funded entirely by profits made from investments in digital currencies.
The situation was registered by Alistair Milne, a portfolio manager at Altana Digital Currency Fund.
After stating it won't restrict transactions involving the digital currency, Monetary Authority of Singapore now says operators of virtual currencies including Bitcoin ATMs must abide by new rules to address risks associated with terrorist funding and money laundering.
A «Novel and Exciting Concept» The billionaire founder of the Ayre Group and the Bodog entertainment brand, Calvin Ayre, is reportedly building a $ 100 million five - star resort on Antigua's Valley Church beach — funded entirely by profits made from investments in digital currencies.
For example, the MIT Digital Currency Initiative which is maintained by a group of developers provides funding for development cost.
ShapeShift AG, an instant exchange for Bitcoin digital currency and other blockchain assets, announced on Tuesday it secured $ 10.4 million Series A funding round, which was led by Berlin - based Earlybird with participants from Lakestar, Access Venture Partners, Pantera Capital, and Blockchain Capital.
The International Monetary Fund's Staff Discussion June Note lists the main challenges and benefits of digital currencies issued by central banks.
According to a report by the U.K. Treasury, «there is little evidence to indicate that the use of digital currencies has been adopted by criminals involved in terrorist financing, whether as a means by which to raise funds (crowd funding etc.), to pay for infrastructure (e.g. server rental), or to transfer funds.»
ICOs allow new startups and blockchain projects to fund themselves by raising money in the form of digital currency.
Digital currency trading is exploding and daily volume could «soon» surpass that of Apple, according to a strategist closely followed by hedge funds.
Some of that trading volume has been generated by the burgeoning sector of digital currency hedge funds.
Arrington further added that their use of Ripple's XRP token will improve on the current digital currency hedge fund model by resolving some major issues seen in the present model.