About Bitfury

The Bitfury Group is the world’s leading full-service blockchain technology company. Bitfury is building solutions for the future, with the most significant technologies of the millennium. Our mission is to make the world more transparent and trusted by innovating at every level of technology – hardware, security, and software – to put trust back into the equation. Founded in 2011, Bitfury is the leading security and infrastructure provider for the Bitcoin Blockchain. In addition to securing the Bitcoin Blockchain, Bitfury also designs and produces innovative hardware that keeps cryptocurrencies and blockchains secure, including custom semiconductor chips and mobile datacenters. Bitfury is also a software provider for the some of the world’s most cutting-edge applications through its private blockchain framework, Exonum, its advanced analytics platform Crystal Blockchain, and its specialized engineering team for the open-source Lightning Network, LightningPeach.

Bitfury Details
Operating Status: Active
Business Type: Private
Founded: 2011
Headquarters: United States
CEO: Valery Vavilov
Founders: Valery Vavilov, Valery Nebesny
Bitfury News
Encryption Startup NuCypher Raises Over $10 Million from Bitmain and Polychain Capital
October 8th, 2019

Encryption startup NuCypher raises $10.7 Million in a simple agreement for future tokens (SAFT) from venture capital heavyweights, including Bitmain, Bitfury, Polychain Capital and others.

Bitcoin Mining Topped $14 Billion, Experts Say It’s Very Concentrated
August 31st, 2019

Recent reports show that the overall Bitcoin mining revenue has topped more than $14 billion over the years of its existence. Find out what it means for the crypto industry here.

European Blockchain Firm Bitfury Launches AI Unit for Big Data Mining
August 13th, 2019

Though large volumes of data are collected, a very small part of them is analyzed. To address this issue, the Bitfury Group, a European blockchain company, has launched its artificial intelligence (AI) division.

Coinbase Custody Supports Blockchain Capital’s BCAP Security Token
June 7th, 2019

Coinbase Custody announced that they will be supporting Blockchain Capital (BCAP) deposits and withdrawals. Blockchain Capital’s native token BCAP is one of the very first security tokens for which they conducted an STO in April 2017.

Exclusively by Roger Ver: Bitcoin Cash Will Outperform BTC
May 7th, 2019

Roger Ver said ecxlusively in an interview for Coinspeaker, that in few years Bitcoin Cash will outperform Bitcoin because it will enable entire world to use as money in a way that can’t be censored, stopped or controlled.

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Grayscale Investments Receives FINRA Regulatory Approval

Grayscale Investments has received regulatory approval to publicly quote shares of its diversified crypto fund.

Libra Association Claims It Has 180 Candidates to Join the Row of Its Members

Though some giants left Libra, the Association claims that it has nearly 1500 potential candidates to join. And 180 of them meet its strict requirements.

CME Group Says Institutional Players Have Increased Appetite for Bitcoin Futures Contracts

According to the CME Group, big institutional investors have increased their need for futures and options offerings by more than half.

5 Major Automakers Beginning Field Testing of Automatic Blockchain Payments System

It has been revealed that Initially a vehicle identification network developed within the Mobility Open Blockchain Initiative will be tested in the US.

Google’s ‘Quantum Supremacy’ Is Not a Threat to Bitcoin and Blockchain

While the theory of Quantum Computing has raised concerns on its ability to decode cryptographic data, the developments made by Google are far from challenging the Bitcoin network.