Crypto Mining Giant Bitmain Invests In Blockchain Data Storage Startup Lambda

Blockchain, Investing | August 20, 2018 By:

Decentralized infrastructure startup Lambda has received an undisclosed financial investment from Chinese crypto mining giant Bitmain.

Lambda is a scalable blockchain infrastructure project, which claims to provide decentralized applications (DAPPs), data storage capabilities with unlimited scalability. The platform also offers services such as multi-chain data co-storage,


Crypto Mining Giant Bitmain Completes Pre-IPO Round, Hits $15B USD Valuation

Investing, News | August 8, 2018 By:

Chinese crypto mining hardware manufacturer Bitmain is now reportedly valued at $15 billion after closing a $1 billion pre-initial public offering (IPO) funding round.

The pre-IPO, which closed on Saturday, includes investments from Chinese technology conglomerate Tencent and Japan’s Softbank, a tech giant heavily invested in a number of tech ventures globally including its standing as Uber’s largest shareholder.