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startups
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.

Primedice Shifts Focus Following US and Australia Ban
Bitcoin gambling site Primedice will shift its focus to Russia and China following its decision to block US and Australia-based customers.

Huobi Will Now Take Your Bitcoins as Stock Trading Collateral
Huobi's new platform lets investors buy real shares on the Shanghai Stock Exchange, while still keeping their bitcoin holdings as collateral.

Melotic Shuts Down Digital Asset Exchange
Hong Kong-based cryptocurrency startup Melotic is shutting down its digital asset exchange, citing a lack of growth.

Be Vigilant on Compliance, Coinbase Warns Bitcoin Startups
Coinbase's associate counsel Sarah Hody told a crowd of bitcoin developers, "it’s always compliance time".
