BTC China has halted deposits of local currency from the China Merchants Bank, causing the value of Bitcoin to fall from $500 to below $440, a 10% difference from its value in the past few days.
Sectors
Mobile startup firm URX received $12 mln investment
Mobile startup firm URX received $12 million investment from financiers led by Accel Partners and was also participated by SV Angel, Google Ventures and First Round Capital while Rich Wong joined the company's board.
Startup eezep has received cash to materialize its cloud-printing vision
Startup eezep has received cash to materialize its cloud-printing vision which could be valued at $4 million from investors including IBB and Mangrove Capital Partners.
RadiumOne terminates CEO after domestic violence charges
Caving in to public pressure, San Francisco, US-based marketing automation firm RadiumOne terminated its chief executive officer (CEO) Gurbaksh Chahal after he pled guilty to domestic violence and battery charges recently filed against him.
California-based e-commerce startup Wanderful Media raises $14.5M in funding
Los Gatos, US-based e-commerce startup Wanderful Media raised $14.5 million in its fourth funding round from different media companies to launch a mobile app called Find & Save that aggregates local sales deals.
Latest News
Irish high-profile investor Michael Smurfit is set to take part in a €750,000 investment to be poured into Dublin, Ireland-based farm tech startup Moocall to alert farmers of calf birth to help them sleep better at night.
New York, US-based grocery delivery service Blue Apron is looking to raise $50 million in its Series C funding with Stripes Group as the lead investor to boost its growth and revenue.
After announcing via press conference that its Falcon 9 rocket has successfully made a soft landing in the ocean, Elon Musk expressed his desire for Space X and other private companies to join the bidding for military rocket launch contracts.
Toronto, Canada-based medical photo and information sharing app Figure 1 released new features yesterday to give doctors ability to create better profiles and allow them to collaborate with other users on different medical cases.
Shanghai, China-based university applicant mentoring startup ChaseFuture bagged $400,000 in its seed funding round led by Banyan Partners and Harbor Pacific Capital to assist international students in university admission tests.
American film and music producer Warner Bros picked up a minority stake in Santa Monica, California-based broadband television startup TV4 Entertainment for an undisclosed amount to maintain its standing in the digital-video industry.
San Francisco, US-based large media storage startup Streem raised $875,000 in seed funding from Y Combinator, 500 Startups, and other angel investors to provide unlimited cloud storage for their customers at $20 per month.
Seoul, South Korea-based content recognition tech firm Enswers scored $2 million in a recent funding round from Samsung Ventures to boost its expansion campaign across the US and North America.
The Chinese government arrested some people and fined Internet giant Sina.com for publishing and distributing pornographic content on its website as part of China's "Cleaning the Web" campaign which is held every year.
