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Overview
Location
United States, Massachusetts, Cambridge
Total raised
$4M
Funding Rounds 1
| Date | Series | Amount | Investors |
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Mentions in press and media 27
| Date | Title | Description |
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| Jul 13, 2022 | The cryptocurrency market has become a 'postmodern pyramid scheme' and its stunning crash is an opportunity to regulate it, famed economist Paul Krugman says | Paul Krugman characterized the crypto market as a "postmodern pyramid scheme" in a New York Times op-ed. "The industry lured investors in with a combination of technobabble and libertarian derp," he wrote. Advertisement ... |
| Jun 28, 2022 | Governments May Restrict Foreign Access to Their CBDCs, Riksbank Official Says | Central bank digital currencies (CBDC) won’t be a “silver bullet” that solves all issues with cross-border payments, according to Cecilia Skingsley, first deputy governor of Sveriges Riksbank, Sweden's central bank. For instance, countries ... |
| Apr 22, 2022 | China’s NFT Plans Are a Recipe for the Government’s Digital Control | China is doubling down on the idea of a wholly digital economy, constructing software infrastructure to support more expansive data analysis that is likely to strengthen the Chinese Communist Party’s authoritarian control, as well as give C... |
| Feb 8, 2022 | Block's CashApp turns on bitcoin transfers via the Lightning Network for US customers | Cash App users will be able to send bitcoin anywhere for free via the Lightning Network, the payment platform said. The Lightning Network speeds up transactions across the bitcoin network, due to how it handles blocks. Advertisement People ... |
| Dec 7, 2021 | Most Influential 2021: The Developers Who Wrote Bitcoin’s Taproot Upgrade | Bitcoin developer Jonas Nick has a T-shirt emblazoned with the following: Taproot code T-shirt Gobbledygook? Hardly. It’s the full reference Schnorr signature verification code contained in Bitcoin Improvement Proposal (BIP) 340 Nick along ... |
| Oct 4, 2021 | The Fed may release its long-awaited paper on central bank digital currencies as early as next week, report says | The Fed is planning to release its long-awaited paper on central bank digital currencies as early as next week, The WSJ reported. Powell in the past has said that CBDCs will eliminate the need for cryptocurrencies. But an expert told Inside... |
| May 21, 2021 | The Fed is advancing its efforts to develop a digital currency - and says it will publish a research report this summer | Fed Chair Jerome Powell revealed on Thursday that the central bank has taken further steps in its exploration of a digital currency. Powell said the Fed will release a research report this summer outlining their current thinking on digital ... |
| May 20, 2021 | The Fed is advancing its efforts to develop a digital currency – and says it will publish a research report this summer | Fed Chair Jerome Powell revealed on Thursday that the central bank has taken further steps in its exploration of a digital currency. Powell said the Fed will release a research report this summer outlining their current thinking on digital ... |
| May 12, 2021 | Boston Fed president Eric Rosengren says more research is needed before the US launches a central bank digital currency | Eric Rosengren, president and CEO of the Federal Reserve Bank of Boston on January 15, 2016. Photo by Arthur Pollock/MediaNews Group/Boston Herald via Getty Images Boston Federal Reserve president Eric Rosengren says that research on a cent... |
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FAQ about MIT Digital Currency Initiative
How much funding has MIT Digital Currency Initiative raised?
MIT Digital Currency Initiative has raised $4M in total across 1 funding round.
What has the press written about MIT Digital Currency Initiative?
Parsers VC has collected 27 articles mentioning MIT Digital Currency Initiative, among them “The cryptocurrency market has become a 'postmodern pyramid scheme' and its stunning crash is an opportunity to regulate it, famed economist Paul Krugman says” (Jul 13, 2022) and “Governments May Restrict Foreign Access to Their CBDCs, Riksbank Official Says” (Jun 28, 2022).
Is MIT Digital Currency Initiative still active?
Yes, MIT Digital Currency Initiative is active; its latest activity on Parsers VC dates from Jan 10, 2026.