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KPCB Leads $12.5 Million Round for Blockchain Firm Align Commerce
Blockchain payments startup Align Commerce has raised $12.5m in Series A funding led by Kleiner Perkins Caufield & Byers.

Investor Tim Draper Not Bidding in Today’s Silk Road Auction
Two-time auction winner Tim Draper has revealed to CoinDesk that he is not participating in today’s auction of more than 44,000 BTC.

Wedbush Revises 12-Month Bitcoin Price Target to $600
Wedbush has revised its outlook for the price of bitcoin, revealing it expects the digital asset to rise to $600 in value over the next 12 months.

Genesis Trading, Binary Financial to Bid in Final Silk Road Bitcoin Auction
Digital Currency Group's Genesis Trading and bitcoin hedge fund Binary Financial are set to participate in a government auction of bitcoin this week.

Blockchain Project Factom Raises $400k at $11 Million Valuation
Factom Inc, the for-profit business entity overseeing the blockchain recordkeeping project Factom, has raised $400,000 in new seed funding.

Scorechain Raises $570k for European Bitcoin Compliance Solution
Bitcoin compliance solutions provider Scorechain has raised €500,000 ($570,000) in seed funding.

Boost VC Investment in Blockchain Startups Tops $50 Million
Boost VC has released new figures related to the success of its startup investments in the bitcoin and blockchain industry.

Chinese Auto Giant Wanxiang Plans $50 Million Blockchain Fund
Chinese conglomerate Wanxiang Group has announced it intends to invest $50m in blockchain technology to improve its product lines.

With Bitcoin's Price Down, VCs Turning to Blockchain Technology
The rising interest in use cases for bitcoin's underlying technology, the blockchain, is influencing the investment strategies of venture capitalists.

Barry Silbert: Private Blockchains Will 'Capitulate' to Bitcoin
In a new interview, DCG founder Barry Silbert opens up about the current state of bitcoin and why greed may be the industry's biggest asset.
