Tag: Bitcoin

Cormint bags $30m and 400 BTC to scale Bitcoin mining in West Texas

River, a Bitcoin technology and financial services startup, has successfully raised $35m in a Series B funding round.

Unchained, a financial services firm offering loans for bitcoin holders, has secured $60m in a Series B led by Valor Equity Partners.

Relai, a place to buy and sell bitcoin, has reportedly raised $4.5m in a funding round that will help the crypto company bolster its position in Europe.

Dubbed the Crypto Winter, the cryptocurrency market has gone through a tough period with companies collapsing, major fines and token prices dropping. However, players in the industry are confident spring is coming.

Despite the cryptocurrency market’s current troubles, bitcoin infrastructure firm Blockstream has raised $125m in a convertible note and secured loan financing.

Centbee, a facilitator of digital money payments on the Bitcoin blockchain BSV, has secured $1m in its pre-Series A round.  

Finterest, a crypto lending protocol built to support native Bitcoin borrowing and lending, has landed $1.5m in seed funding.

A blogpost by European Central Bank representatives has remarked that the current turmoil being seen in the crypto markets is ‘Bitcoin’s last stand’. 

Singapore-based Pillow, which allows consumers to invest into cryptocurrencies, has reportedly raised $18m in its Series A funding.Accel, Quona Capital, Elevation Capital and Jump...