Californian bitcoin API developer Gem has announced an additional $1.3m in funding, raising its total to $3.3m. The round was led by KEC Ventures, with additional contributions from First Round Capital, RRE Ventures – also an investor in 21 Inc and Abra – and early Facebook investor Robert Wolfson, among others. Gem closed its previous round in […]

Swiss investment bank UBS is set to open a London-based research lab to explore the application of blockchain technology in the financial services industry. The innovation lab, due to open later this month, will be housed at FinTech accelerator Level39 in Canary Wharf – one of London’s major business districts. A group of financial technologists will lead the […]

CEO Cyril Houri has left bitcoin buying service Brawker following a management shakeup. The decentralised platform, which allows bitcoin users to buy “almost anything” online at a discount, is now operated by its two-person development team. Speaking to CoinDesk, the serial entrepreneur said the departure – on “very friendly terms” – would give him more […]

Coinbase’s compliance office is seeking to acquire operational information from bitcoin mining companies in a process that some of the sector’s businesses are framing as an infringement on their trade secrets. MegaBigPower (MBP) and Bitmain report that Coinbase has asked for detailed information regarding their mining facilities, requesting time-stamped photographs and videos of mining facilities and details […]

The 2015 edition of the St Petersburg Bowl will not be known as the Bitcoin St Petersburg Bowl, according to ESPN. A representative from the TV news source would not comment as to whether the move foretells a sponsorship change for this year’s event, or if it is currently seeking a new sponsor for the 2015 bowl […]