Coinbase raises $100M Series D round

Digital currency wallet and platform Coinbase has raised $100 million in a Series D funding round. The investment was led by IVP, with participation from Spark Capital, Greylock Partners, Battery Ventures,...

ITAMCO awarded DARPA grant to develop messaging platform

Indiana Technology and Manufacturing Companies (ITAMCO) has been awarded a Phase 1 grant from the Defense Advanced Research Projects Agency (DARPA) to develop a secure messaging and transaction platform for the U.S....

PayStand raises $6 million

B2B payment solutions company PayStand has raised a $6 million Series A round led by BlueRun Ventures with participation from Cervin Ventures, Serra Ventures, TiE and Capital for Founders. PayStand will use this...

Overstock inks cryptocurrency integration with ShapeShift

Overstock has inked an integration with ShapeShift, an instant digital asset exchange, that allows customers to use major cryptocurrencies, including Ethereum, Litecoin, Dash, Monero, and Bitcoin Cash. ShapeShift allows digital currencies to...

ShoCard raises $4 million

Blockchain-based identity management company ShoCard has raised $4 million. The investment was led by existing investors Morado and AME Cloud Ventures, with participation from Storm Ventures, Danhua Capital, Correlation Ventures, Recruit Strategic...

BitPesa raises a Series A follow-up round

BitPesa, a blockchain payments platform for Africa, with offices in Nairobi, Lagos, and London, has raised a follow-up to its Series A funding round from Greycroft as its lead investor, with Plug...

Beyond the Bitcoin bubble — NYT

The mania for cryptocurrency could wind up building something much more important than wealth, Steven Johnson writes in The New York Times Magazine. Here is the link: https://www.nytimes.com/2018/01/16/magazine/beyond-the-bitcoin-bubble.html

Slync appoints Jim Atwell to board of directors

Slync, an enterprise blockchain platform for the shipping, logistics and supply chain industries, has added Jim Atwell to its board of directors.

Thomson Reuters launches startup incubator for transformational technologies

Thomson Reuters has launched an incubator as part of the Thomson Reuters Lab, an incubator located in Switzerland. The incubator will host early-stage entrepreneurs building products in big data, advanced analytics,...

Former Secret Service agent sentenced in bitcoin money laundering scheme

A former U.S. Secret Service Special Agent, who had been a member of the Baltimore Silk Road Task Force, was sentenced to prison on charges of money laundering, according to a...

50 Cent: ‘I forgot’ taking 700 bitcoins for 2014 album; stake is now worth...

When 50 Cent agreed to accept bitcoin for purchases of his 2014 album, Animal Ambition, a unit of the cryptocurrency was already worth hundreds of dollars — but the value of those sales has since skyrocketed; NPR's Bill Chappell writes. Here is the link: https://www.npr.org/sections/thetwo-way/2018/01/24/580259163/50-cent-i-forgot-taking-700-bitcoins-for-2014-album-stake-is-now-worth-millions 

Once hailed as unhackable, blockchains are now getting hacked — MIT Technology Review

More and more security holes are appearing in cryptocurrency and smart contract platforms, writes Mike Orcutt. Here is the link: https://www.technologyreview.com/s/612974/once-hailed-as-unhackable-blockchains-are-now-getting-hacked/

Akamai and Mitsubishi UFJ Financial Group working on blockchain-based payment network

Akamai and Mitsubishi UFJ Financial Group (MUFG) will be offering a hyper-scale blockchain-based online payment network. 

Investing in ICOs may be even riskier than you realize

Investing in the burgeoning world of initial coin offerings may be even riskier than it appears, warns Olga Kharif of Bloomberg. Here is the link.

DHS awards Factom $192k for blockchain tech

The Department of Homeland Security has awarded $192,380 to Factom to begin beta testing of a capability that uses blockchain technology to secure IoT data.