Cryptocurrency markets stabilise, while Blockchain receives funding and Overstock plans stock exchange(IBTimes UK) <\/p>\n
Following a tumultuous few days for bitcoinand other cryptocurrencies, most major markets seem to have stabilised over the last 24 hours. <\/p>\n
Bitcoin, litecoin and darkcoin all shifted by less than 1% in value since yesterday, while dogecoin saw some positive movement to take its market capitalisation back up above $27m. <\/p>\n
Blockchain raises $30m <\/p>\n
Bitcoin wallet firm Blockchain has announced record Series A funding, raising over $30m in capital in its first round of outside financing that included notable investors such as British entrepreneur Sir Richard Branson. <\/p>\n
Blockchain is the largest provider of bitcoin wallets in the world, with over 2.3 million consumer wallets being downloaded since the company was founded in 2011. <\/p>\n
\"The company has grown exponentially in every way over the last 18 months,\" Peter Smith, president of Blockchain, said in a statement. <\/p>\n
\"We are honoured to add investors and partners to the team with deep expertise in financial services and consumer technology.\" <\/p>\n
Overstock to create bitcoin-based stock market <\/p>\n
Online retailer Overstock has announced it is working on a decentralised stock market based on the bitcoin block chain protocol. <\/p>\n
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