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On April 29, blockchain startup Tierion announced it has raised $1 million in a seed round led by Blockchain Capital and Fenbushi Capital, with participation from Digital Currency Group. Tierion is using blockchain technology to create a global platform to verify the integrity of...

Digital Currency Group (DCG), an investment firm specializing in the bitcoin and blockchain realm, announced Thursday a new crop of investors, including Western Union. The investment from the money transfer company is a way for it to “keep our eye on innovation,” said Western...

The past couple weeks have been exciting for Barry Silbert. Last week, the financial guru sold his first company, SecondMarket Solutions, to Nasdaq. Earlier this week, Silbert announced the launch of his next startup, Digital Currency Group (DCG). According to an article by...

Global cryptocurrency firm BitX announced Tuesday it has raised $4 million in a Series A round led by the Naspers Group through its payments subsidiary, PayU. Barry Silbert’s Digital Currency Group, an existing investor, also participated in the round. Based in Singapore,...

On Thursday, the US Marshals Service held its third auction of Bitcoins seized from Ross Ulbricht, recently convicted of operating the online black market Silk Road, with a sale of 50,000 Bitcoins attracting more demand than the previous auction, reported Reuters. The US...

The Wall Street Journal reported Sunday that Barry Silbert’s Bitcoin Investment Trust (BIT) is slated to become the first publicly-traded Bitcoin fund, with approval and assignment of a ticker symbol by the financial sector’s main self-regulated body paving the way for trading on...

SecondMarket, a trading market place, has started to inform investors that it has now made its services open for institutional traders. Earlier, the company had affirmed that it would be starting a bitcoin exchange in the United States by summer. While this project is still...

According to Barry Silbert, the CEO of bitcoin exchange SecondMarket, the Bitcoin Investment Trust now holds more than 100,000 bitcoins. The estimated value of the bitcoins are worth over $40 million by today’s exchange rates. Barry Silbert & the Bitcoin Investment...