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Bitfury Releases Merchant, Developer Tools for Bitcoin’s Lighting Network

Bitfury Releases Merchant, Developer Tools for Bitcoin’s Lighting Network

Jan 23, 2019

www.coindesk.com

Blockchain technology firm Bitfury has released a suite of business and development tools for bitcoin’s lightning network. Although the network is still under development, Bitfury announced a comprehensive product list to support the tech on Wednesday, including an open-source lightning wallet and hardware and software tools for merchants and payment processors to accept payments. It also released developer tools and a public lightning network node called to let bitcoin users open or create payment channels.

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Bitfury and Partners Publish Arabic and Hindi Translations of Satoshi White Paper

Bitfury and Partners Publish Arabic and Hindi Translations of Satoshi White Paper

Jan 22, 2019

medium.com

During the World Economic Forum in Davos, the Bitfury Group today released the first-ever Arabic and Hindi translations of Satoshi Nakamoto’s white paper, “Bitcoin: A Peer-to-Peer Electronic Cash System.” Bitfury translated the white paper in partnership with Coin Center, the Global Blockchain Business Council (GBBC), the Blockchain Trust Accelerator (BTA) and author-economist Saifedean Ammous.

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Bitfury Hires a CEO for Its Blockchain-Sleuthing Service

Bitfury Hires a CEO for Its Blockchain-Sleuthing Service

Jan 22, 2019

www.coindesk.com

Blockchain technology firm Bitfury is looking to reinforce its software unit with two executive-level hires. Announced today, Marina Khaustova, former chief marketing officer and co-founder of Element Capital Group, has joined Bitfury as the CEO of Crystal Blockchain, the company’s analytical tool for investigating public blockchain transactions. Meanwhile, Chris Dickson, previously at enterprise software vendor Panaya, joined Bitfury as head of software sales.

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Global blockchain unicorn Bitfury launches music business

Global blockchain unicorn Bitfury launches music business

Jan 16, 2019

www.reuters.com

Global blockchain company The Bitfury Group announced on Wednesday the launch of a music and entertainment division that will create an open-source music platform secured by the bitcoin blockchain. The open-source platform, named Surround™, will encourage collaboration and promote innovation within the industry, the company said.

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Top 20 startups from the Netherlands that drew biggest investments in 2018

Top 20 startups from the Netherlands that drew biggest investments in 2018

Jan 03, 2019

siliconcanals.nl

Undoubtedly, the Netherlands is one of the most capable countries to establish a business with an idea. Possessing a plethora of advantages including huge market, several needs and technically growing economy, the land of Dutch is inching towards becoming one of the world’s best markets with some incredible startups. Bitfury is listed first in this article, having raised the most financing in 2018 out of the twenty Dutch startups listed.

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Tracing Illegal Activity Through The Bitcoin Blockchain To Combat Cryptocurrency-Related Crimes

Tracing Illegal Activity Through The Bitcoin Blockchain To Combat Cryptocurrency-Related Crimes

Nov 26, 2018

www.forbes.com

According to Kyrylo Chykhradze, head of Bitfury’s Crystal, a software solution designed to track activity on the Bitcoin and Bitcoin Cash Blockchains, Crystal collects information about all the transactions recorded to the blockchain to determine which addresses belong to the same entity to identify criminal activities. As financial institutions and law enforcement begin to use tools such as Crystal, organizations can start to easily detect illegal activities happening across blockchain networks.

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Bitfury Adds Former SEC Commissioner to Advisory Board

Bitfury Adds Former SEC Commissioner to Advisory Board

Nov 21, 2018

www.coindesk.com

The Bitfury Group, a crypto mining and software company, has recruited two veterans of the traditional financial world to guide its strategy and growth. Revealed exclusively to CoinDesk, Antoine Dresch, co-founder of tech investment fund Korelya Capital (which led an $80 million funding round for Bitfury) and former executive at several major investment banks, will join Bitfury’s board of directors. At the same time, Annette Nazareth, a former member of the U.S. Securities and Exchange Commission, has joined Bitfury’s advisory board.

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Billionaire Novogratz Invests in Cryptocurrency Firm Bitfury

Billionaire Novogratz Invests in Cryptocurrency Firm Bitfury

Nov 12, 2018

www.bloomberg.com

Cryptocurrency venture Bitfury raised $80 million from investors including the merchant bank founded by billionaire ex-Goldman Sachs Group Inc. partner Mike Novogratz. The private placement was led by Korelya Capital, a European investor backed by Korea’s Naver Group, according to a statement from Bitfury. Other participants include Novogratz’s Galaxy Digital and Europe-based firms Jabre, Lian Group and Armat Group. Bitfury was valued at more than $1 billion in the deal, according to people familiar with the matter.

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Blockchain Could Speed Homebuying—Once the Hurdles Are Cleared

Blockchain Could Speed Homebuying—Once the Hurdles Are Cleared

Oct 30, 2018

www.bloomberg.com

Anyone who’s ever bought or sold a home knows how expensive and drawn out that can be. Other countries are moving to blockchain-based deeds faster, often because their land registries are less reliable and there’s rampant fraud, or because data are centralized nationally thus easier to change. Startup Bitfury Group, for example, has already helped register more than 300,000 titles in the Republic of Georgia on the Bitcoin blockchain.

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Malta’s Real Estate Agents Plan To Use Blockchain To Share Property Market Data

Malta’s Real Estate Agents Plan To Use Blockchain To Share Property Market Data

Oct 04, 2018

lovinmalta.com

Some of Malta’s largest real estate agents are planning to use a blockchain platform to share data related to the local property market between themselves. The plan was announced by Ledger Projects, a Maltese company which last year presented a blockchain application for notaries to record promise-of-sale agreements onto as soon as they have been signed. This new platform will be an extension of the original product and will be supported by the Exonum platform, built by Bitfury, one of the world’s largest DLT infrastructure providers.

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