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Companies
Ripple Labs Raises $28 Million in Series A Round
Digital currency startup Ripple Labs announced today that it has closed a new $28m Series A funding round.

21 Inc Confirms Plans for Mass Bitcoin Miner Distribution
21 Inc released new details today confirming that its market strategy will focus on distributing bitcoin mining chips embedded in consumer devices.

Factom Partners With Honduras Government on Blockchain Tech Trial
Bitcoin 2.0 startup Factom is reportedly working with the government of Honduras on a new land title registry initiative.

California Business Raided Over Alleged Altcoin Gambling
A business in Southern California was raided by police last month in connection with alleged gambling tied to an alternative cryptocurrency.

Australian Bus App Drops Bitcoin Following Poor Traction
Canberra's mobile transport app MyBus 2.0 has stopped accepting bitcoin payments following poor traction with the digital currency.

Demo Day Recap: 5 Boost VC Bitcoin Startups on the Rise
CoinDesk highlights the best pitches from Boost VC's Tribe 5 Demo Day, held at The Circus Club in Atherton, California, on 7th May.

ItBit Nets $25 Million, Launches NYDFS-Approved Bitcoin Exchange
New York bitcoin exchange itBit has raised $25m in a new Series A round from investors including RRE Ventures and Liberty City Ventures.

Bitseed Open-Sources Creation of Second Plug-in Bitcoin Node
Bitcoin startup Bitseed is open-sourcing the creation of its new plug-in bitcoin node on Assembly, a collaborative platform.
