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Posts Tagged ‘ Bitcoin ’

IDG Ventures and Axilor Ventures partner to fund frontier tech startups

Monday, March 6, 2017 | More »

L to R: Kris Gopalakrishnan, Chairman, Axilor Ventures and Sudhir Sethi, Chairman, IDG Ventures India
India-focused technology venture capital fund IDG Ventures India and Bangalore-based startup accelerator Axilor Ventures have come together to launch a programme to discover and fund early-stage startups in frontier tech sectors, the company said in a statement. Christened the Frontier Tech Innovato...

For-Dalmia-Cement-Story_ThinkstockPhotos-532169709

Bitcoin startups come together to regulate India’s cryptocurrency market

Bitcoin startups Zebpay, Unocoin, Coinsecure and SearchTrade have come together to form Digital Asset and Blockchain Foundation of India (DABFI) for the “orderly and transparent growth of the virtual currency market.” A panel comprising Zebpay founders Saurabh Agrawal and Sandeep Goenka,...

27 February, 2017 | More »

Fund

Exclusive: Bitcoin startup Zebpay in talks to raise funds

Zebpay, a bitcoin exchange platform and mobile wallet, is in talks to raise $4 million to upgrade its servers and enhance its security in order to handle large trade volumes. US-based Pantera Capital, a bitcoin investment firm, has shown interest in taking part in the funding round that will be led ...

11 November, 2016 | More »

Non-metro firms steal the show

Weekly startup funding tracker: Non-metro firms steal the show

The week gone by saw eight startups being funded, of which three are based in non-metros, including Jaipur, Indore and Ahmedabad. Interestingly, possibly only for the second time, an Indian bitcoin exchange—Bengaluru-based Unocoin Technologies—received startup funding. Unocoin pocketed $1.5 mill...

1 October, 2016 | More »

Unocoin

Bitcoin startup Unocoin raises $1.5 mn from Blume Ventures, others

Bitcoin exchange Unocoin has raised $1.5 million (Rs 10 crore) in a pre-Series A funding round led by early-stage investor Blume Ventures. Mumbai Angels, ah! Ventures and international investors such as Digital Currency Group, Boost VC, Bank to the Future and FundersClub also invested in this round,...

30 September, 2016 | More »

Sandeep-Goenka

ZebPay’s Sandeep Goenka on what makes bitcoins so popular

Bitcoins are increasingly being used for online transactions. In India, too, there is a surge of interest for this virtual currency which knows no borders or central bank. In 2014, Sandeep Goenka, Saurabh Agrawal and Mahin Gupta came together to start ZebPay, an app-based bitcoin platform for users ...

24 May, 2016 | More »

Bitcoin

Mt. Gox gets temporary US bankruptcy protection

Mt. Gox, once the world’s largest bitcoin exchange, received U.S. bankruptcy protection on Monday to temporarily halt U.S. legal action against the Japanese company by traders who allege the operation was a fraud. Judge Harlin Hale in Dallas granted temporary bankruptcy protection to Mt. Gox, ...

11 March, 2014 | More »

Bitcoin

Bitcoin bank Flexcoin shuts down after theft

Bitcoin bank Flexcoin said on Tuesday it was closing down after it lost bitcoins worth about $600,000 to a hacker attack. Flexcoin said in a message posted on its website that all 896 bitcoins stored online were stolen on Sunday. “As Flexcoin does not have the resources, assets, or otherwise t...

5 March, 2014 | More »

Bitcoin

Bitcoin exchange Mt. Gox files for bankruptcy, blames hackers for losses

Mt. Gox, once the world’s biggest bitcoin exchange, filed for bankruptcy protection in Japan on Friday, saying it may have lost nearly half a billion dollars worth of the virtual coins due to hacking into its faulty computer system. The collapse caps a tumultuous few weeks in which the company...

28 February, 2014 | More »

Bitcoin

First US bitcoin ATMs to open soon in Seattle

Robocoin said on Tuesday that later this month it will install the first automated teller machines in the United States that let users buy and sell bitcoin, the latest step into the mainstream for the digital currency. The kiosks, to be installed in Seattle, and Austin, Texas, are similar to ATMs bu...

18 February, 2014 | More »

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