Crypto Lender Genesis Owes Creditors Over $3B: FT
Digital Currency Group, Genesis’ parent company, is reportedly looking to sell some of its venture-capital portfolio, worth around $500 million. Troubled crypto lender Genesis owes…
Tag: Venture Capital
DeFi Startup Compound Finance Raises $25 Million Series A Led by A16z
Lending protocol Compound Finance just raised $25 million in a round led by Andreessen Horowitz’s a16z crypto fund, marking one of the largest venture capital…
Comcast’s Venture Capital Arm Is Bullish On Bitcoin and Blockchain
Gil Beyda, managing director of the venture capital (VC) arm of Comcast, appeared on CNBC today, April 26, with a bullish outlook for Bitcoin and real world applications…
Binance Founder Sued Over Venture Capital Funding Deals
The founder of the planet’s largest digital assets exchange platform has been sued over two potential funding deals from different venture capital firms. Sequoia Capital…
Tim Draper: Bitcoin Will be Bigger Than Tesla, Skype, and Hotmail Combined
Venture capitalist Tim Draper has made the bold claim that bitcoin will become bigger than Tesla, Skype, and Hotmail combined. Bitcoin to Hit $250,000 in…