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Megabank Joins Coinbase’s Record $75 Million Funding Round

Megabank Joins Coinbase’s Record $75 Million Funding Round Later in January, wallet and exchange provider Coinbase announced that it had raised $75m as part of a Series C funding round – smashing the previous record for a bitcoin company. Asides from the figures, the backers were equally impressive. The round included a host of impressive first-time bitcoin investors including Read more about Megabank Joins Coinbase’s Record $75 Million Funding Round[…]

Bitstamp Claims $5 Million Lost in Hot Wallet Hack

Bitstamp Claims $5 Million Lost in Hot Wallet Hack The year got off to a shocking start on 5th January when bitcoin exchange Bitstamp released a statement admitting that it had suffered a major hack and lost “less than 19,000 BTC”, or about $5.1m at the time. In a statement, Bitstamp said an undisclosed number of wallets had been compromised, and that Read more about Bitstamp Claims $5 Million Lost in Hot Wallet Hack[…]

Bitcoin Startup 21 Announces $116 Million All-Star Backing

Bitcoin Startup 21 Announces $116 Million All-Star Backing The Wall Street Journal published a scoop in March, revealing that stealth startup 21 Inc had raised $116m in funding, a figure that served to put Coinbase’s $75m January round, at least temporarily, in the shade. 21 Inc’s then-CEO Matthew Pauker indicated at the time that Andreessen Horowitz, Data Collective, Khosla Ventures, Read more about Bitcoin Startup 21 Announces $116 Million All-Star Backing[…]