An Interest In:
Web News this Week
- April 23, 2024
- April 22, 2024
- April 21, 2024
- April 20, 2024
- April 19, 2024
- April 18, 2024
- April 17, 2024
Some of Our Sources
- Technology Review
- Just Creative
- Joshua Blankenship
- The Logo Smith
- Abduzeedo
- Vandelay Design
- Crazy Leaf Design
- Web Design Ledger
- Android Dissected
- Hashedout
Help Webnuz
Referal links:
June 3, 2017 10:00 pm
Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/9Cqs0FxdjhY/bitcoin-exchange-coinbase-reportedly-valued-at-1-billion
Bitcoin Exchange Coinbase Reportedly Valued At $1 Billion
An anonymous reader quotes Reuters:Bitcoin exchange Coinbase Inc. is in talks with potential investors on a new round of funding at a valuation of more than $1 billion, the Wall Street Journal reported on Friday. It is not clear which investors are committing to the round, which was described as targeting around $100 million or more, the Journal reported, citing people familiar with the matter... Demand for crypto-assets has soared with the creation of new tokens to raise funding for start-ups using blockchain technology. Coinbase said in January it raised $75 million from several major financial institutions including the New York Stock Exchange, USAA Bank and Spanish banking group BBVA. Though Bitcoins were selling for $892 in January, they've nearly tripled in value over the last five months. Despite the fact that Coinbase "suffered outages" last week, the price of Bitcoin still rose 13.6% over the next nine days to $2561.Read more of this story at Slashdot.
Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/9Cqs0FxdjhY/bitcoin-exchange-coinbase-reportedly-valued-at-1-billion
Share this article:
Tweet
View Full Article
Slashdot
Slashdot was originally created in September of 1997 by Rob "CmdrTaco" Malda. Today it is owned by Geeknet, Inc..More About this Source Visit Slashdot