CryptoKitties will break away from its developer, Axiom Zen, after raising $12 million of venture capital.
USV's Fred Wilson says investors should diversify ahead of any potential "big crash" in cryptocurrencies.
Union Square Ventures partner Albert Wenger has said he will fund a prize aimed to incentivize the creation of blockchain-powered blogging platform.
San Francisco-based startup Protocol Labs has sold $52 million in a token pre-sale ahead of an initial coin offering launch next week.
The developers behind OpenBazaar, the open-source marketplace protocol powered by bitcoin, have raised $3m in new funding.
A hedge fund that specializes in the trading of blockchain-based assets has raised $10m from a notable cast of VCs.
Mediachain has become the latest blockchain startup to join the portfolios of VC heavyweights Andreessen Horowitz and Union Square Ventures.
With more than $800m so far invested in the bitcoin industry, CoinDesk highlights some of the leading firms driving these headline-grabbing rounds.
Decentralized marketplace protocol developer OpenBazaar, has raised $1m from investors including Andreessen Horowitz and Union Square Ventures.
CoinDesk speaks to USV principal Fred Wilson about his firm's recent investment in Coinbase and larger investment philosophy for the industry.