IOVLabs, the parent company behind RSK’s open-source Bitcoin smart contract network, announced on September 27 its acquisition of Taringa, a Spanish-language social media network. IOVLabs has reportedly set aside $5 million in assets for developing products for Taringa, according to a release. The company’s management… Read More
Coinbase announced on Thursday that its Coinbase Custody has completed the acquisition of Xapo’s institutional businesses. Coinbase claims that the acquisition caps off a tremendous period of growth and innovation for Coinbase Custody. “In just over one year since launch, Coinbase Custody has grown to over $7 billion… Read More
Wences Casares, an early Bitcoin adopter and founder of the bitcoin wallet and vault company Xapo, has told reporters at Bloomberg that Bitcoin, “is a really interesting intellectual experiment…” that still has a “non-trivial chance of failing,” though he considers success more likely than failure…. Read More
Bloomberg is out with a report that some wealthy investors are “hoarding” Bitcoin in bunkers deep underground the amount is said to be hovering around $10 billion representing 7% of Bitcoin’s float. Xapo, the “Fort Knox of Bitcoin,” has raised $40 million from big name VC’s… Read More
Cameron Winklevoss and Tyler Winklevoss founded Winklevoss Capital in 2013 and have significantly bolstered their portfolio in the last four months. Widely known for their claim that Mark Zuckerberg had stolen their idea for Facebook, the Harvard rowing grads have been in contentious litigation for… Read More
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