Category Archives: Funding

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Pineapple Fund’s $5 Million Bitcoin Donation Boosts Medicine Foundation

The post Pineapple Fund’s $5 Million Bitcoin Donation Boosts Medicine Foundation appeared first on CCN Cryptocurrency philanthropy is spreading. The Pineapple Fund, whose founders remain anonymous, has given $5 million worth of bitcoin to the Agoura Hills, Calif.-based Open Medicine Foundation (OMF) over two separate donations. The funds, which were deposited into the nonprofit’s BitPay account… Read More »

A Trio of VCs Pledge Millions to Telegram Pre-ICO: Reports

The post A Trio of VCs Pledge Millions to Telegram Pre-ICO: Reports appeared first on CCN If it’s any indication, the ambitious $1.2 billion Telegram ICO could be oversubscribed. Kleiner Perkins Caufield & Byers, Benchmark and Sequoia Capital have each committed $20 million the blockbuster deal, according to the FT citing people close to the… Read More »

Billionaire Bitcoin Bull Novogratz to Launch Cryptocurrency Merchant Bank

The post Billionaire Bitcoin Bull Novogratz to Launch Cryptocurrency Merchant Bank appeared first on CCN Mike Novogratz, who recently scrapped plans for a cryptocurrency hedge fund, is launching a merchant bank for cryptocurrencies and blockchain-based ventures that he intends to take public, according to Bloomberg. Novogratz, a former macro manager, released a plan to raise… Read More »

Long Island Iced Tea Shares Surge 300% after Blockchain Rebrand

The post Long Island Iced Tea Shares Surge 300% after Blockchain Rebrand appeared first on CCN Long Island Iced Tea Corp. shares jumped close to 300 % shortly after the company rebranded itself as Long Blockchain Corp., the most recent example of a little-known microcap company gaining valuation by announcing a connection to blockchain technology.… Read More »

Non-Profit Internet Archive Gains $1 Million Bitcoin Donation from Charity

The post Non-Profit Internet Archive Gains $1 Million Bitcoin Donation from Charity appeared first on CCN The Pineapple Fund, which makes donations in bitcoin to charitable organizations, has gifted $1 million worth of bitcoin to the Internet Archive, a non-profit created to build an Internet library. The Pineapple Fund stated on Reddit that the Internet… Read More »