American venture capital investor and Blockchain industry influencer Tim Draper claimed that Bitcoin (BTC) is “bigger than the internet,” and several other major developments in human history, during the Intelligence Squared US debate in New York City this Saturday, CNBC reported today April 23. During the debate – which Draper undertook alongside Overstock CEO and Bitcoin bull Patrick Byrne and against two crypto skeptics – the billionaire investor compared Bitcoin, and evidently Blockchain in general, to his early investments in Tesla, Hotmail, and Skype. He went further by stating that Bitcoin would be “bigger than all of those combined,” and …

Several high-profile investors have confirmed investing in a funding round that raised $28 mln for Harbor, a Blockchain company looking to remove legal barriers to securities trading, in press release today, April 17. Harbor, which already secured a $10 mln Series A round in February, has this time received fresh cash from moguls including Silicon Valley’s Andreessen Horowitz and Blockchain investment fund Pantera Capital. According to their press release, through a so-called R-Token system, Harbor will allow client businesses to smooth over trading of “a new wave of tokenized securities backed by real-world assets, such as real estate, company equity, …

In a land of ICOs that have no tangible product and only a white paper to show, raising millions in investments, a real company that has funded real projects in the past creating real value, is a welcome change. Hackspace Capital is venture capital fund that aims to use the power of Blockchain technology to disrupt the crowdfunding industry with its leaders like Indiegogo, Kickstarter, and GoFundMe. It is a capital fund that explores promising start-ups with the sole focus of providing them with complete support throughout the project's development life cycle. They help in various tasks ranging from the …

Cyprus based Bitcoin exchange Authenta Trade have recently been acquired by Costas Inc., providing the company with an injection of 32 mil. USD to its business plan, and to become a licensed exchange and Cyprus Investment Firm (CIF) after the approval of regulator. “AuthentaTrade wants to offer free deposit insurance, liquidity in both legacy and digital currencies, along with convenient payment options for both consumers and retailers. Our goal is to build, acquire, and connect multiple technologies to offer individuals and businesses a compelling suite of Bitcoin-related products and services for trading and payments,” says company in its announcement. The …

The financial services technologies (FinTech) industry has had over 45 venture capital investments, equivalent to US$3 billion in global ventures in 2013. Kantox reported that the number of deals in 2014 and 2015 is projected to hit around 60-70, as the global growth rate of the industry reaches a 26%. Moreover, Accenture’s “The Rise of Fintech: New York’s Opportunity for Tech Leadership” report on global investments in Fintech is expected to rise to US$8 billion by 2018 in wake of open-source software and cloud technology lowering the barriers to entry for startups. Many startups have emerged since 2013, with new …

A week ago, many Bitcoin enthusiasts were watching and waiting for the cryptocurrency to once again cross the US$300 per BTC price point. 7 days later, and price is down to as low as US$250. The start of the year saw an even greater slump in prices that brought the cost of a bitcoin as low as US$177 in January. Since then the market price has been steadily rising, seemingly, on the back of a series of validating, and exciting success stories from the sector. The combination of these milestones in Bitcoin's development has been increasing interest, trust, and awareness …

Popular wallet and online payment platform Coinbase has raised US$75 million in a series C funding round. Arriving on top of US$30 million raised in series' A and B, the company is now being valued by the investors at around US$400 million. The Wall Street Journal (WSJ) reported the story this morning: “Investors included banks and the New York Stock Exchange, apparently the first time any traditional financial institutions have taken direct stakes in a bitcoin enterprise.” Coinbase has raised a total of US$112 million. WSJ says the latest investment may represent “a new front for Bitcoin,” as the news …