FundedByMe has recently launched a Bitcoin pilot program with the aim of checking investors’ interest of paying via the digital currency and generating funds for the Bitcoin trading platform Safello.
Michelle Phan, YouTube beauty queen, and Ashton Kutcher are among the investors in Lolli that raised $3 million. The round was led by Pathfinder, with participation from Bain Capital Ventures, Craft Ventures, and Digital Currency Group.
Coin Metrics has raised $6 million in its Series A funding round. The company will use the money raised to diversify its product line and expand its team.
The initial capacity of SBI and GMO’s mining center will be 300 megawatts and it is expected to expand to 1 gigawatt by the end of 2020.
According to many Bitcoin proponents, crypto is bulletproof thanks to the blockchain. However, the industry’s famous players quite often have the power to influence prices and opinions.
Figure Technologies, co-founded by SoFi’s Mike Cagney, welcomed Morgan Creek Digital’s Anthony “Pomp” Pompliano at its board.
Jack Dorsey is expanding his cryptocurrency involvement by backing crypto initial coin offering (ICO) exchange platform called CoinList.
Grayscale Investments has received regulatory approval to publicly quote shares of its diversified crypto fund.
Dapper Labs, the company that is known for CryptoKitties, has raised $11 mln for its Flow blockchain aimed to enable decentralized applications at scale.
IBM and Tata are the new governing council members for the Hedera Hasgraph DLT network. These two giants plan to leverage Hedera’s unique ability to unify public and private networks.
The crypto market has responded positively to apparent demand from venture capitalists and institutional investors. Analysts think that none of the Bitcoin’s previous price rallies had the same optimism.