
“Chinese Bitcoin exchange, BTC China – the world’s largest by trading volume according to Bitcoinity.org – has closed a $5 million Series A from institutional investors Lightspeed China Partners and Lightspeed Venture Partners. BTC China was bootstrapped prior to this round, with money put in by its three co-founders, Bobby Lee, Linke Yang, and Xiaoyu Huang. The exchange, China’s oldest, was founded back in June 2011. In recent times it has seen an influx of new investors crowding in as the hype around the decentralised digital cryptocurrency gathers greater momentum.”
http://techcrunch.com/2013/11/18/btc-china-series-a/
Related posts:
Rail Fails While Pipelines Prevail
Hong Kong 2012 net gold flow to China hit record high
Demography is Destiny, Hold On To Your Wallet
Jim Rogers: 50% Correction in Markets not Uncommon
Cannabis For Infant's Brain Tumor, Doctor Calls Child "A Miracle Baby"
Blockchain.info: the World’s Most Popular Bitcoin Website and Wallet
Another woman arrested for defending herself against the TSA
UK enforces terrorism law which bans public from criticising the govt
Bitcoin trading illegal in Iceland according to Icelandic Central bank
Small business Obamacare online enrollment delayed a year
New law will ban protesters from riding mass transit in California
Washington Parents Accused of Child Abuse For Using Marijuana
Boston Marathon Witness Interview: Police Told Us Bomb Drill Was 'Training Exercise'
Can Amazon Fix American Health Care?
After Crackdown, a New Bitcoin King Emerges in China