Wednesday, May 8, 2013

Coinbase Finds $5M For Bitcoin Exchange

San Francisco-based Coinbase disclosed yesterday that it has raised $5M in a venture capital funding round. The round was led by Union Square Ventures. Coinbase operates an online Bitcoin exchange, which allows users to buy and sell Bitcoin, and accept Bitcoin as a payment method on their websites. Bitcoin is an electronic currency which is not tied to any country. More information »