by Duncan Riley | Sep 4, 2017 | Bitcoin News
As cryptocurrencies plummet thanks to news that China has banned initial coin offerings, Hilton Worldwide Holdings Inc. heiress Paris Hilton has jumped on the bandwagon by endorsing an ICO by LydianCoin Pte. Ltd., a company that describes itself as the “first...
by Duncan Riley | Sep 4, 2017 | Bitcoin News
In an unusual move for the venture firm, famed Silicon Valley venture capital firm Sequoia Capital, along with IDG Capital, have invested $50 million in Chinese bitcoin hardware maker and miner Bitmain Technologies Inc. Founded in 2013, Bitmain manufactures its own...
by Robert Hof | Sep 1, 2017 | Bitcoin News
Initial coin offerings, a method of crowdfunding using cryptocurrencies such as bitcoin or custom coins or tokens, have exploded this year. A stunning $1.1 billion has been raised in 89 ICOs so far this year, 10 times as much as in all of 2016, and at least 110 more...
by Mike Wheatley | Aug 31, 2017 | Bitcoin News
Not even banks can escape from the mania surrounding the meteoric rise of cryptocurrencies like Bitcoin this year. Its been common knowledge for quite a while that some of the world’s major financial institutions have been looking in to ways they can exploit the...
by Mike Wheatley | Aug 29, 2017 | Bitcoin News
Fast food chain Burger King Corp. has launched its own cryptocurrency as an alternative to traditional loyalty reward scheme. WhopperCoin, as the new currency has been aptly named, was launched in Russia earlier this week. Burger King says it’s giving away one free...
by Robert Hof | Aug 25, 2017 | Bitcoin News
Every other day, it seems, a new startup is raising millions of dollars by selling cryptocurrency coins or tokens to raise money — lots of money, really fast. In May, for instance, Web browser startup Brave raised $35 million by selling its “Basic Attention...
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