Figure Technologies, a fintech startup founded by former SoFi CEO Mike Cagney, has closed up to $ 1 billion “uncommitted” line of credit on a blockchain.
CoinDesk
Crypto Data Startup Coin Metrics Closes $1.9 Million Seed Round
Coin Metrics, a cryptocurrency analytics startup that provides real-time market data and APIs, announced Wednesday that it has closed a $ 1.9 million seed round led by Castle Island Ventures, with participation from Fidelity Investments, Highland Capital Partners and Dragonfly Capital. With the raise, Coin Metrics aims to expand on their advancements in blockchain analytics, which […]
SludgeFeed
Former Mt. Gox CEO Says He Is Sorry But Maintains His Innocence as Trial Closes
Mark Karpeles, the former chief executive officer of the now-defunct Mt. Gox, has reportedly apologized for the losses that led to the demise of the cryptocurrency exchange. However, the embattled Frenchman insisted on his innocence regarding charges of embezzlement in closing arguments during his trial in Tokyo on Dec. 27.
Also read: Wine Retailer to Buy Majority Stake in Japanese Bitcoin Exchange for $ 30M
Sorry But I’m Not Guilty, Says Karpeles
Karpeles is facing charges of transferring $ 3 million of client funds to his own account for investment in a software development business. According to prosecutors, who are pushing for a 10-year jail term, the ex-CEO falsified Mt. Gox’s trading system to make customer balances appear healthier than they in fact were.
Former IMF Economist Mark Dow Closes $14K BTC Short
Mark Dow, a hedge fund manager and former International Monetary Fund economist, has publicly announced that he has closed his BTC short position. Based on his blog, it appears that Dow likely entered the trade when BTC was trading at around $ 14,000.
Also Read: Canadian Crypto Exchange Coinsquare Now in 25 European Countries
Mark Down Closes Out BTC Short
Earlier this week, Mark Dow took to Twitter to announced that he had closed his BTC short position in its entirety, posting: “Today I say goodbye to the bitcoin short. Sad!”
Hedge Fund Manager Who Called the Market Top Closes Out His Bitcoin Short
Mark Dow, a former International Monetary Fund economist who manages a family office in southern California, has finally closed a short position he opened against Bitcoin (BTC) at the height of the market last December, shortly after Bitcoin futures began trading. In a recent tweet, Dow put it simply, “Today I say goodbye to the bitcoin short. Sad!” […]
SludgeFeed
Bitcoin Mining Giant Bitmain Closes Israeli Branch amid Market Woes
With the bitcoin price trading more than 80 percent below its all-time high, not even Bitmain, the world’s largest cryptocurrency mining firm and the crypto industry’s most valuable company, has been immune from the slaughter. According to Israeli business publication Globes, the China-based Bitmain has closed Bitmaintech Israel, the development center it set up two … Continued
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Bitmain Closes Israel Development Arm Citing Crypto Bear Market
Cryptocurrency mining giant Bitmain has reportedly closed down its Israel-based R&D division, citing a crypto market “shake-up.”
CoinDesk
ErisX Closes $27.5 Million Series B From Nasdaq, Fidelity and Bitmain
ErisX, a new regulated crypto derivatives exchange that is planning to offer digital futures and spot trading, has closed a $ 27.5 million Series B from major financial institutions and cryptocurrency companies, including Nasdaq Ventures, Fidelity, ConsenSys and Bitmain. According to the announcement, ErisX plans to leverage the new funds and expertise to build out its single platform […]
SludgeFeed
French Esports Team Closes $22.7 Million Investment Round
Team Vitality, a Paris-based esports team, has reportedly closed a $ 22.7 million investment round from London-based entrepreneur Tej Kohli, a self-made billionaire and philanthropist. According to the announcement, Team Vitality plans to use the funding to build out its office and training facility, in addition to expanding its footprint in Southeast Asia and China. The investment itself, […]
SludgeFeed
Bitcoin Shopping Rewards Startup Lolli Closes $2.25 Million Seed Round
Lolli, a new browser rebate extension that rewards users with Bitcoin (BTC), announced this week that it has closed a $ 2.25 million seed round from notable investors, including Bain Capital Ventures and Digital Currency Group. I'm excited to announce our seed round with some amazing partners! 💜 Thankful for my team, the Lolli community, our […]
SludgeFeed
Crypto Exchange KuCoin Closes $20 Million Series A
KuCoin, a Singapore-based cryptocurrency exchange, announced Wednesday that it has closed a $ 20 million Series A from IDG Capital, Matrix Partners and Neo Global Capital. Today, we are thrilled to announce that we have closed our Series A Round of Funding, raising $ 20 million (USD) from IDG Capital, Matrix Partners and Neo Global Capital to bring […]
SludgeFeed
MyCrypto Closes $4 Million Funding Round Led by Polychain Capital
MyCrypto, the publisher of an open source interface that allows users to easily manage the process of cryptocurrency storage, has recently raised a $ 4 million funding round that was led by Polychain Capital. With the capital raised in the latest round, MyCrypto plans to build a consumer-friendly platform for cryptocurrency users to create new wallets, […]
SludgeFeed
X Infinity Closes Private Funding Round at USD 20.5 Million for its Multi-Cryptocurrency Wallet
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Axoni Closes $32 Million Funding Round Led By Goldman Sachs
New York-based provider of enterprise blockchain technology Axoni has completed a $ 32 million Series B funding round, bringing total funding up to date to upwards of $ 55 million.
Axoni Boosted By Lucrative Partnerships
Axoni, a New York-based company specializing in the delivery of distributed ledger infrastructure to many of the world’s leading financial institutions, announced the successful completion of a $ 32 million funding round today.
The company’s flagship AxCore technology is used in a range of markets such as high-volume foreign exchanges and derivatives.
BitPay Closes Extended $40 Million Series B Round
Global blockchain payments provider BitPay has closed its $ 40 Million extended Series B funding round, which brings its total raised capital to over $ 70 Million. New investors in BitPay include Menlo Ventures, Capital Nine, G Squared, Nimble Ventures (an affiliate of Passport Capital) and Delta-v Capital as well as individual investments from Christopher Klauss Family Office, Founder of Internet Security Systems (ISS), and Alvin Liu, Co-founder of Tencent. Aquiline Capital Partners led the initial Series B Round but extended the round due to increased investor demand.
AdHive Closes $12M Tokensale With Whitelist Members’ Deposits, Leaves Out Open Phase Of The Sale
World’s First AI-Controlled Influencer Marketing Platform Successfully Closes $ 12M Phase 1 Of The Tokensale Following 36 Minutes $ 5.5M Pre-Sale Spurt
Tallinn, March 24, 2018
AdHive, an AI-powered platform for influencer marketing announces that it has successfully closed the $ 12M hard cap ahead of the open phase of its tokensale. The company’s innovative approach to AI-automated and blockchain-backed native advertising attracted a total of 5,839 token purchasers through the presale and Phase 1 of the tokensale.