Tag: VC

OK Blockchain Capital Wants to Inject $100M Into the EOS Ecosystem

It does not happen all that often that exchanges and trading platforms openly provide financial support to specific cryptocurrencies. OK Blockchain Capital, operated by OK Group, will finance emerging blockchain projects. Their current plan of attack calls for supporting the EOS ecosystem and its supernode venture. OK Blockchain Capital Supports EOS For those unaware of the OK Blockchain Capital firm, it is the venture capital arm of OK Group. This company also operates the OKCoin project, …
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Silicon Valley VCs Want the SEC to Back off on Cryptocurrency Regulation

Even though things looked rather dire for Bitcoin and other cryptocurrencies throughout the first few months of 2018, things are changing in favor of this growing industry. Silicon Valley backers are showing an increasing appetite for volatile cryptocurrencies. As such, they are demanding that the SEC not label this form of money as securities. That is a pretty interesting endeavor, albeit one that may not necessarily have a positive outcome. Silicon …
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It Only Takes One Judge to Confiscate Gold

Bitcoin’s decentralized nature has allowed it to evolve into a widely accepted and recognized digital currency, a safe haven asset and “digital gold.” Since 2016, Bitcoin has demonstrated a truly exponential growth rate based on various indicators including user base, trading volume, market cap and price. The Advantage of Bitcoin over more Traditional Assets Earlier this week, Ari Paul – the CIO and Managing Partner of BlockTower Capital who previously worked …
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Top 6 Bitcoin Companies Based on VC Funding

The world of bitcoin and blockchain has attracted a lot of money over the past few years. Several companies have received a significant amount of backing, indicating venture capitalists like their business idea and see a bright future ahead. Below are some of the companies raising a lot of money in recent years. 6. Blockstream Most people know Blockstream as the company responsible for a large portion of the Bitcoin …
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