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Blockchain.com

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Blockchain.com
IndustryCryptocurrency
FoundedAugust 2011; 13 years ago (2011-08) in York, United Kingdom[1]
FounderBenjamin Reeves, Nicolas Cary, Peter Smith[1]
Headquarters
Key people
Peter Smith (CEO)
Jim Messina (Director)[1]
ProductsCryptocurrency wallet; cryptocurrency exchange; blockchain explorer; lending[2]
Number of employees
185
Websiteblockchain.com

Blockchain.com (formerly Blockchain.info) is a cryptocurrency blockchain explorer service, as well as a cryptocurrency wallet and a cryptocurrency exchange supporting Bitcoin, Bitcoin Cash, and Ethereum. They also provide Bitcoin data charts, stats, and market information.

History

Blockchain.com was launched in August 2011 and was founded by Ben Reeves a founding team member at the crypto-currency exchange Coinbase. Reeves had a differing opinion on the future of Coinbase, so he left Coinbase to start Blockchain.com,[3] which provides data on recent transactions, mined blocks in the bitcoin blockchain, charts on the bitcoin economy, and statistics and resources for developers.

In February 2014, Apple Inc. removed the Blockchain.com app from the iOS App Store, prompting a harsh response from Blockchain community along with a public outcry in the bitcoin community, most notably within the Reddit community.[4] In July 2014, Apple reinstated the Blockchain.com app.[5]

In October 2014, Blockchain.com closed a $30.5 million fundraising round from Lightspeed Venture Partners and Mosaic Ventures.[6]

In July 2019, Blockchain.com launched its cryptocurrency exchange.[7] In September 2020, the company joined the Coalition for App Fairness which aims to negotiate for better conditions for the inclusion of apps in app stores.[8]

In February 2021, Blockchain.com raised a $120 million funding round from Moore Strategic Ventures, Kyle Bass, Access Industries, Rovida Advisors, Lightspeed Venture Partners, GV, Lakestar, Eldridge and others.[9]

See also

References

  1. ^ a b c Titcomb, James (March 24, 2021). "Blockchain.com founder from York worth hundreds of millions after $5.2bn valuation". Telegraph. Retrieved March 26, 2021.
  2. ^ Dillet, Romain (February 17, 2021). "Crypto wallet and exchange company Blockchain.com raises $120 million". TechCrunch. Retrieved March 17, 2021.
  3. ^ McMillan, Robert (2014-03-26). "The Fierce Battle for the Soul of Bitcoin". Wired. ISSN 1059-1028. Retrieved 2020-07-30.
  4. ^ McMillan, Robert. "Apple Yanks World's Most Popular Bitcoin Wallet From App Store | Wired Enterprise". Wired. Retrieved 2014-02-06.
  5. ^ Paul Vigna. "Blockchain's Bitcoin App Reinstated in Apple's App Store". The Wall Street Journal blogs. Retrieved 2014-07-28.
  6. ^ Sydney Ember (2014-10-07). "Bitcoin Start-Ups Luring Ever More Investment". The New York Times. p. B3. Retrieved 2015-10-02.
  7. ^ Dillet, Romain. "Blockchain (the company) launches an exchange (The Pit)". Retrieved 2 July 2020.
  8. ^ Amadeo, Ron (2020-09-24). "Epic, Spotify, and others take on Apple with "Coalition for App Fairness"". Ars Technica. Retrieved 2020-09-26.
  9. ^ "Crypto wallet and exchange company Blockchain.com raises $120 million". TechCrunch. Retrieved 2021-02-18.