Tag Archives: Bitcoin

El Salvador President says Dollar is dead, Bitcoin is future

El Salvador President Nayib Bukele has yet again made his love for Bitcoin public. In a tweet, Bukele boldly announced that the days of fiat money may soon be over and that Bitcoin is the “real revolution” the world is seeing at present. Bukele also mentioned that El Salvador is spearheading this Bitcoin era. Taking to Twitter, the El Salvador ... Read More »

Nvidia Overestimated Bitcoin Mining Demand, Stuck With Excess GPU Inventory: Report

HIGHLIGHTS Nvidia apparently has a surplus of current generation GPUs This has resulted in the delay of launching new ones A top OEM has reportedly returned 300,000 GPUs to Nvidia At Computex 2018, Nvidia CEO Jen-Hsun Huang announced that the company would not be launching any new GPUs for “a long time”. Perplexing when you consider that the GeForce 10 series of cards ... Read More »

Bitcoin options exchange raises $11.4 million in funding

Bitcoins hit a record high over the weekend, with one unit of bitcoin trading above $2,000 on the BitStamp platform. File Photo Funding supports LedgerX’s plan to operate regulated exchange, clearing house for digital currencies NEW YORK, MAY 22:   Ledger Holdings, the New York-based parent company of bitcoin options exchange LedgerX, said on Monday that it closed $11.4 million in ... Read More »

India Funding Roundup: An Electric Motorcycle Maker, Bitcoin Trading Platform, and More

Our latest funding roundup compiles investments in an auto rickshaw aggregator, platforms for lifestyle product discovery, Bitcoin trading, expert advice, and a maker of electric motorcycles. Jugnoo Paytm announced Monday that it led the Series B funding of $10 million in Chandigarh-based Jugnoo. The auto-rickshaw hailing and hyperlocal delivery mobile app received $5 million from Paytm and the remaining from ... Read More »