Bitcoin miners will self-regulate to ensure no single entity will control more than half of the computational power required to mine new digital coins, according to Sam Lee, co-founder and chief executive officer of the world’s first arbitrage investment fund, Bitcoins Reserve.
It’s been billed as one of the startup events of the year, but on Tuesday night it will become apparent whether or not Oxygen Ventures’ $5 million Big Pitch event is as lucrative as advertised, or a funding equivalent of vaporware.
The Corporations and Markets Advisory Committee (CAMAC) has called for the government to make it easier for Australian businesses to raise capital through online crowdfunding platforms.
New York-based Great Oaks Venture Capital has invested $US750,000 ($A807,000) in Australian startup ImageBrief, bringing the company’s total funding to date to around $A3.44 million.
Peer-to-peer lender SocietyOne will launch one of Australia’s lowest interest rates for personal loans.
Spreets co-founder Justus Hammer and StyleTread co-founder Bjorn Behrendt have joined Australian online jewellery startup Gemjoli as advisory board members.
Disruptive Investment Group (DVI) has negotiated an option to increase its stake in bathroom component manufacturer and e-commerce startup Allure Bathrooms to 50%, in exchange for $2 million of growth capital.
Jack Ma likes kung fu novels and singing karaoke. He's also about to float the company he founded on Wall St for billions of dollars.
After operating for 10 years, Australia’s largest platform for finding tradespeople, hipages.com.au has secured $6 million of investment.
AVCAL supports the federal government’s decision to extend the consultation period for proposed changes to super fund rules that, if implemented, could have a negative impact on startups.
Future Capital Bitcoin Fund has launched a $US30 million fund which will invest in companies that are leveraging services based on bitcoin and other crypto-currencies.
The quality of applicants involved in the first Carnegie’s Den event of the year is a significant improvement on those in the past, thanks to partnerships with startup incubators, according to event organisers.
Opening a venture capital branch seems to be the new “thing” in the corporate world. But why are so many companies, across a range of sectors, now running to open their own VC funds?
Cyber-espionage is up again in the 2014 report, representing a more than three-fold increase compared with the 2013 report, with 511 incidents partially due to a bigger dataset.
Nitro cofounder Sam Chandler’s mission to keep the issue of Australia’s capital crunch on the agenda has reached its zenith, with a piece published today in major tech publication TechCrunch where he claims there is negligible latter stage funding available.
US Hedge-fund manager David Einhorn, described by Forbes as a hot shot, has sent out an investor letter that warns we’re in a market bubble.The declaration has already affected market stocks.
Sydney-based tech incubator ATP Innovations is one of four finalists for an international Incubator of the Year award, an accolade the team says is testament to the flourishing local ecosystem.
Startup and investor marketplace Angel List launched a fund last week, which allows people to back investors and the companies they choose. The new approach, coupled with their slightly different fee structure, has set the VC industry talking.
Online community investment site Angel List has this week launched a $25 million fund to “bet” on leading investors, and companies they select.
Entrepreneur Helen Mitchell is getting ready for the “world’s biggest commute”, splitting her time evenly between her startup’s office in the Gold Coast and its new one in Texas.