BitCoin Gaining Traction and StartUp Cash
Bitcoin wa s huge topic of discussion last week at TechCrunch Disrupt and doesn’t seem to be going away. – LOM
Bitcoin startups are beginning to raise sizable investment capital even as industry leaders warn that hackers are abusing the Internet virtual currency for profit.
In the past year, fledgling businesses Coinbase Inc., Coinsetter Inc. and CoinLab Inc. have raised millions of dollars collectively from prominent venture-capital firms and angel investors, adding credibility to a digital currency that isn’t backed by a central bank.
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