Funding

The Islamic Extremist group Hamas has requested (and received) bitcoin funding for its operations through a Coinbase wallet address.

In spite of the crypto bear market, mobile wallet provider BRD wants to accelerate its international expansion, and it has secured $15 million in its Series B round to do it.

Bitcoin payment processor OpenNode has announced a seed investment round of $1.25 million with venture capitalist Tim Draper and early-stage investment firm Draper Associates.

Recently, the CEO of Ohio-based nonprofit JumpStart Inc. announced that his company, along with six others, would invest vast sums of money into Ohio’s blockchain startups.

Cryptocurrency mining firm Bitfury Group has closed a Series C, $80 million funding round led by EU-based Korelya Capital

Coinbase plans to use the funding to "accelerate the adoption of cryptocurrencies," as it plans to remain the "entry-point into crypto" for millions of investors.

SFOX caters specifically to professional traders, high net-worth individuals and institutions, enabling them to invest in cryptocurrencies.

South Korea is planning to invest nearly $900 million next year to accelerate the development of blockchain, artificial intelligence and other emerging technologies.

Blockchain startups in China now have a new source of funding they can tap into.

The China-based cryptocurrency data service provider announced today that it has secured $10 million in Series B funding.