Goldman Sachs Backs Bitcoin

sachs bitcoin

Goldman Sachs may have breathed credibility into the digital crypto-currency Bitcoin after it co-lead a $50 million financing round in Circle Internet Financial, a Bitcoin wallet company. Despite widespread exposure, helped in no small part by its integral role in the online drug market SilkRoad, Bitcoin has failed to capture the public imagination. Not to mention the currency’s reputation for wild volatility..

Before Bitcoin’s rabid army of fans get too excited, it’s not the first time that Bitcoin companies have attracted venture capital. Earlier this year DFJ Growth led a $100m investment in Coinbase, another Bitcoin wallet. And we’re still paying for fags with bits of paper…




Tip offs: 0709 284 0531
team@Order-order.com

Quote of the Day

Google CEO Sundar Pichai on Google investing billions in Britain…

“The innovation we see here, the talent we have available here and how on the cutting edge of technology we are able to be here makes it an incredible place for us to invest. We do value how open and connected it is and we can bring in talent from anywhere in the world and we value those attributes and we are optimistic that those will stay true over time.”

Sponsors

Guidogram: Sign up

Subscribe to the most succinct 7 days a week daily email read by thousands of Westminster insiders.

Facebook

Sunday Shows Sunday Shows
Appeal on Behalf of the Friends of George Miller Appeal on Behalf of the Friends of George Miller
Amber Rudd & Fleet Street Don’t Understand Encryption Amber Rudd & Fleet Street Don’t Understand Encryption
“St Patrick was an Immigrant” “St Patrick was an Immigrant”
FLASHBACK: Labour Election Fraud FLASHBACK: Labour Election Fraud
FLASHBACK: LibDem Election Fraud FLASHBACK: LibDem Election Fraud
Amazon Outage Amazon Outage
Experts Wrong About Polar Bears Too Experts Wrong About Polar Bears Too
Guido’s Guide to By-Election Scenarios Guido’s Guide to By-Election Scenarios
Milo 12 Things Milo 12 Things
Shami & Blunkett Campaigned for ISIS Suicide Bomber’s Release Shami & Blunkett Campaigned for ISIS Suicide Bomber’s Release
Amazing Robot Warehouses Amazing Robot Warehouses
Bring on the Robots Bring on the Robots
BBC Sources Revealed BBC Sources Revealed
Gallery Guido’s PMQs Sketch Gallery Guido’s PMQs Sketch
FOXY “SPANK ME” FOXY “SPANK ME”
Kippers and Cybernats Stuck in Echo Chamber Kippers and Cybernats Stuck in Echo Chamber
Cameron: “I’ll Be Back” Cameron: “I’ll Be Back”
Standard Editor Runners & Riders Standard Editor Runners & Riders
FULL-LENGTH TRUMP INAUGURATION SPEECH FULL-LENGTH TRUMP INAUGURATION SPEECH