According to Elliptic, it will use the investment for combating illegal bitcoin deals.
KPMG International and CB Insights revel in a new report that 2015 was very successful for VC-backed fintech firms that have managed to set a new record in funding.
The Hong Kong Monetary Authority warned public against investing in digital currencies amid local media reports that a bitcoin exchange had run off with $387M in client funds.
Venture capitalist Tim Draper recently wagered about $400,000 that Bitcoin will rebound from its recent plunge.
BlockCypher, a block chain web services company, secured investments $3.1 million in a seed financing round.
In 2014 bitcoin start-up related investments will rise to as high as $300 million, and possibly go even higher than that, as fund managers can’t get enough of the prospects for new money.