Bitcoin Magazine, 1/1/0001 12:00 AM PST In March, Bitcoin Magazine reported that Counterparty founders had joined with MathMoney f(x) and its founder Mark Smith as co-founders of the new fintech company Symbiont, focused on fostering the symbiotic relationship between traditional financial markets and cryptographic blockchain technology. According to the Symbiont’s website, the company is building the first issuance and trading platform for smart securities on blockchain technology. Now, Symbiont has announced that it has secured $1.25 million of seed funding from influential financial market leaders including Duncan Niederauer, former CEO of the New York Stock Exchange (NYSE). A ‘Series A’ round of institutional investment is expected to close in the third quarter of 2015. “Symbiont is bridging the gap between Wall Street and the emerging blockchain […] The post Symbiont Raises $1.25M Seed Funding from Former NYSE CEO for ‘Smart Securities’ on the Blockchain appeared first on Bitcoin Magazine. |
Bitcoin Magazine, 1/1/0001 12:00 AM PST In an attempt to create one of the world’s first publicly traded bitcoin transaction verification companies, Bitcoin Shop, Inc. (BTCS) and Spondoolies-Tech, Ltd. have announced that they are in the process of merging. By merging, BTCS, which recently launched its own mining farm, would gain access to the technology of one of the top hardware providers in the ecosystem. The deal is an all-stock deal that will result in BTCS owning 53 percent of the combined company. This is due to the recent $1.5 million investment in Spondoolies that took place in May, which was a first step in completing the merger. This initial investment by BTCS bought it 6.6 percent equity interest in Spondoolies based on a pre-money valuation […] The post Bitcoin Shop, Inc. (BTCS) and Spondoolies-Tech Move Forward with Merger appeared first on Bitcoin Magazine. |
CoinDesk, 1/1/0001 12:00 AM PST Taiwanese startup Maicoin has launched a system that lets users buy bitcoin at 10,000 convenience stores in the territory. |
CryptoCoins News, 1/1/0001 12:00 AM PST For the past two years, BetChain has been a pioneer in the Bitcoin casino space and its latest promotion is another first for the industry. BetChain will be offering players up to 50 free spins every week as its newest promotion, becoming the first Bitcoin casino to provide such an offer. Betchain.com has always provided […] The post BetChain Becomes First Bitcoin Casino to Offer Free Spins in Latest “Free Spins Friday” Promotion appeared first on CryptoCoinsNews. |
CryptoCoins News, 1/1/0001 12:00 AM PST Bitfury, a bitcoin infrastructure provider and transaction processor, recently unveiled a bitcoin mining light bulb during the inaugural Blockchain Summit on Necker Island in the Caribbean. The light bulb automatically mines bitcoin when it screws into a light socket. The bitcoin mining bulb will be released later this year, according to Bitfury CEO Valery Vavilov. […] The post Bitfury’s Bitcoin Mining Light Bulb: Mainly an Education Tool appeared first on CryptoCoinsNews. |
CoinDesk, 1/1/0001 12:00 AM PST Mexican bitcoin exchange Bitso has acquired competitor Unisend Mexico in an attempt to consolidate its market share in the region. |
CoinDesk, 1/1/0001 12:00 AM PST In our latest research report, out today, CoinDesk reveals who is using bitcoin, who isn't and why it matters. |
CryptoCoins News, 1/1/0001 12:00 AM PST Bitcoin price has moved in a narrow $12 range since the beginning of June, and is currently below the 4-hour 200MA (red) with indicator room for perhaps one more high near the 200MA before it must draw lower or, once again, consolidate. This analysis is provided by xbt.social with a 3 hour delay. Read the […] The post Bitcoin Price Advance Loses Momentum appeared first on CryptoCoinsNews. |
CryptoCoins News, 1/1/0001 12:00 AM PST The Islamic State (IS) might be trying to use bitcoins to fund its operations. According to a well-respected journal, Foreign Policy, the US government should try the same in the fight against IS. An individual called “Abu Ahmed al Raqqa” appealed to supporters of the Islamic State to send funds to the militant group in […] The post Could The US Government Pay Anonymous in Bitcoins to Mount Cyber Attacks against The Islamic State? appeared first on CryptoCoinsNews. |
CryptoCoins News, 1/1/0001 12:00 AM PST The ending of the Silk Road trial, last month has many in the Bitcoin community in a state of outrage over the decision and the extent of the sentence handed down against creator Ross Ulbricht. The U.S. Federal Judge who presided over the case in New York was Katherine Forrest, who handed down a life […] The post Online Chat about the Silk Road Judge Elicits Dept. of Justice Subpeona appeared first on CryptoCoinsNews. |