Bitcoin Latecomers Try Pumping Blockchain.info Flush With Fiat Cash

Blockchain.info announced they have received another $40 million in filthy fiat venture capitalist funding from bandwagon Bitcoin latecomers like billionaire Richard Branson, Lakestar, and Google Ventures. Blockchain.info opened for business in 2011 and claims to be the world's largest "online Bitcoin wallet service". The last round of funding it received in 2014 amounted to 30.5 million USD and was used to make such earth-shattering improvements as numerous trivial UI changes, creation of weak pseudo-random number generating software, and an abundance of downtime gold that would make Coinbase green with envy. The latest round of funding is expected to swirl down the toilet just as quickly as the previous batch, leaving copious amounts of "Sorry For Your Loss" in its wake. (archived)

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