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Block.one selects new VC Arm lead, former Jefferies Asia CEO

Block.one, the company that designed the EOS blockchain software, has appointed a former executive from Jefferies Group LLC to lead its $1 billion venture capital arm. Block.one announced Thursday that Michael Alexander, who previously served as the chief executive officer of Jefferies’ Asia branch, will now head EOS VC. Based in Hong Kong, Alexander will manage дальше »

2018-7-6 01:21


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Union Square Wanders to Contribute in Crypto and Blockchain Long-Term Without Devoted Fund

Union Square Ventures (USV), a private equity and venture capital firm, has plans to invest in blockchain and cryptocurrencies over the course of the next 10 years, CNBC reports June 29. Speaking about initial coin offerings (ICOs), Wenger called them an “innovative new financing mechanism,” though he said they are not suitable for every blockchain дальше »

2018-6-30 08:32


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Silicon Valley investment powerhouse Andreessen Horowitz (a16z) has launched a new $300 million fund focused on cryptocurrencies.

Famous crypto trader Brain Kelly along with Cardano co-founder Charles Hoskinsin expressed very bullish views on the bright future of cryptocurrencies. In a further push to bring some fresh optimism in the market surrounding cryptocurrencies, Silicon Valley’s one of the most prominent venture capital firm Andreessen Horowitz has finally announced the launch of its $300 million дальше »

2018-6-26 15:09


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a16z, This Could Skyrocket The Markets

According to reports out today, venture capitalist Andreessen Horowitz has launched a new investment project which goes by the name a16z. The name is impressive, but what does it mean for you and your crypto investments? On a surface level, not a lot, however, we believe that a16z is a live example of how large institutional investment will pan out of the next few years. дальше »

2018-6-26 13:00


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Intel manufacturing complex which was abandoned bought for $13M to mine Bitcoin

A miner has paid $13 million to convert an abandoned Intel chip manufacturing complex into an industrial mining farm. Also Read: Silicon Valley Whales Buy Diamonds in the Millions With Bitcoin New 85,000 Square Feet Mining Operation 3G Venture II, a California-based company, has paid $13 million for a big chuck of an abandoned Intel дальше »

2018-6-25 21:01


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Bitcoin Inside: Crypto Mining Farm to Open in Former Intel Facility

California-based 3G Venture II has paid $13 million for a significant portion of an old Intel chip plant in Colorado Springs, which it intends of turn into a new bitcoin mining operation. Mining Farms Opening Around the World Miners have been flocking to cities that offer cheap electricity to reduce costs and increase profits, and it looks like Colorado Springs may join the list. дальше »

2018-6-23 07:00


Crypto Hedge Fund Multicoin Valued at $75m After Fred Wilson’s VC Investment

Despite the recent decline of the cryptocurrency market, the promise of huge profits continues to lure investors to funnel some of their funds into these digital coins. Recently, the New York-based venture capital firm Union Square Ventures (USV) officially announced its investment in Multicoin Capital, which is a cryptocurrency hedge fund startup. дальше »

2018-6-22 21:43


World’s Biggest VC Firms are Creating Cryptocurrency Funds, Market Enthusiastic

Historically venture capitalists do not own cryptocurrencies. They hold equity and invest in privately and publicly held companies but, with the potential of cryptocurrency and blockchain based technology companies to create unprecedented returns VC firms are exploring ways to restructure legally and financially to tap into that future revenue stream. дальше »

2018-6-22 08:03