For some time it seemed rather academic or nerdy to think about Bitcoin scaling. Who cares whether Bitcoin will scale if it is only used by a few people for nefarious activities? Now that one can buy Bitcoin at over 1,000 railway ticket booths that are now also Bitcoin ATMsRead More
Post Tagged with: "BitFury"
BitFury, the world’s leading bitcoin blockchain infrastructure provider and transaction processing company has just made an investment in BitPesa — a universal bitcoin payment and trading platform for Africa. The official announcement below suggests that bitcoin is seeking a way to give the pan-African continent open access to the financial benefits of aRead More
What is to be made of arguably the most polished subversive message on bitcoin that was released recently? A video venture called Silver Lake Studios released a video called “Move over PayPal – There’s a Newer Money in Town” that touts bitcoin as the epitome of subversive financial movements. The videoRead More
Last week’s top venture capital rounds echoed the message of the week prior: the future of fintech, and the destination of venture capitalists’ dollars, lies outside the United States. On the list of the five largest fintech fundings this week we find two Chinese companies, one German company, and one SwedishRead More
Financial technology startups have been raising lots of capital recently. Add Bitcoin mining manufacturer BitFury to the club of startups that have scored a +$20 million funding round. The company, which creates powerful machines, processors, and chips to mine for Bitcoin, closed a massive round of financing earlier today, ledRead More