Comcast's Venture Capital Arm Is Bullish On Bitcoin and Blockchain

Gil Beyda, managing director of the venture capital (VC) arm of Comcast, appeared on CNBC today, April 26, with a bullish outlook for Bitcoin and real world applications of blockchain technology. Comcast Ventures has already invested in blockchain startups, and four of the firm's partners are focused …
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Binance Exchange Founder Sued by VC Fund Sequoia Capital (news.bitcoin.com)

Sequoia Capital, a venture capital firm headquartered in Menlo Park, California is suing the Chinese founder of the cryptocurrency exchange Binance, Changpeng Zhao (better known as CZ). The American VC fund reportedly accuses CZ of allegedly negotiating with another firm while he signed an exclusivity agreement with Sequoia.
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Pfeffer Capital declares bitcoin 1st viable replacement for gold at Sohn

Speaking at the 23rd annual Sohn Investment Conference, John Pfeffer, partner at Pfeffer Capital said bitcoin [s:BTCUSD] is the first viable candidate to replace gold, saying its better "on every front." Pfeffer joins the Winklevoss twins as the latest prominent figure promoting bitcoin as the next global store …
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“Venture Capital Working Group” Seeks Select Cryptocurrency “Safe Harbor” (bitcoinmagazine.com)

Several venture capitalists (VCs) and entrepreneurs have been petitioning federal authorities to see certain virtual currencies in a “different light.”Right now, many cryptocurrencies are in danger of being classified as “securities,” which would place them under strict regulatory scrutiny. Working to change this, venture capital firms Andreessen Horowitz and Union Square Ventures have gathered a team of lawyers and investors known as the “Venture Capital Working Group” to meet with the U.S…

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Bitcoin Adoption Grows in Ugandan Capital City of Kampala (news.bitcoin.com)

Abc News has published a report detailing the rising popularity of bitcoin among the citizenry of the Ugandan capital city of Kampala. The report describes many Ugandan bitcoin adopters as professionals seeking a supplementary income, in addition to jobless millennials seeking a means to escape a life of minimal economic opportunity.
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