A secret Silicon Valley-based bitcoin startup called ’21 Inc’ has raised $116 million from Andreessen Horowitz, Peter Thiel and others.
Web3 startup Plasma raises $24M to develop a specialized Bitcoin sidechain focused exclusively on stablecoin transactions, launching in Q2 2025.
Luca Prosperi, CEO of M^0 Labs, expects continued investment in AI infrastructure, middleware, and applications as the technology develops.
Last month, Donald Trump promised strong support to the Bitcoin mining industry stating that he would extend them full support if he returned to the White House.
Amid a robust Q1 for the crypto market, Bitpanda minted revenue of 100 million euros in the first quarter and continues to stay optimistic for the rest of the year.
This move signals a resurgence of interest in digital currencies among major Silicon Valley investors after 2022’s crypto crash severely damaged the industry’s reputation.
Since it went live in October, Blur has been attracting customers and has also found a way to keep the customer base.
Bullish recently announced it is no longer moving forward with its SPAC agenda due to the deal’s deadline arrival.
Stakeholders in the crypto ecosystem notably injected funds into keeping the candidates of their choice seen in these midterm elections.
Also at the Bitcoin 2022 conference, Thiel referred to Buffett as “the sociopath grandpa of Omaha.” He said Buffett has probably been the most sincere Bitcoin critic.
Before the Chinese crypto crackdown happened back in September, Theil cautioned the US government that it could become a “Chinese financial weapon.”
The Peter Thiel-backed company had managed to triple its valuation in five months and has currently secured $263 million in a fresh funding round.
The new Bullish exchange from Block.one will combine the best of decentralized Finance (DeFi) and traditional exchanges. It will have special features like performance, user privacy, and compliance with the traditional platforms.
ATAI Life Sciences cited that the amount of money to be spent on mental health care is expected to hit up to $16 trillion by 2030.
The success of Bitcoin in the global market has given the Chinese more power over the United States, according to Thiel.
The ultimate vision driving the billionaire investor Peter Thiel to support the Atai projects is unclear as none of the drugs being independently developed by ATAI has been approved by any regulatory body to date.