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PayPal Co-Founder Peter Thiel Injects $30 Million into Crypto Firm BlockFi to Improve Cash Flow and Expand Product Lines

PayPal Co-Founder Peter Thiel Injects $30 Million into Crypto Firm BlockFi to Improve Cash Flow and Expand Product Lines

The series B offering was led by Valar Ventures, which is a venture capital company backed by PayPal co-founder Peter Theil. Other investors in the offering round included Winklevoss Capital, Avon Ventures, Morgan Creek Digital, CMT Digital, PJC, and Akuna Capital. New investors included Purple Arch Ventures, Arrington XRP Capital, Kenetic Capital, HashKey Capital, and Castle Island Ventures.

Digital Asset Firm Castle Island Ventures Raises $250M to Target Web3 Crypto Startups

Digital Asset Firm Castle Island Ventures Raises $250M to Target Web3 Crypto Startups

Digital asset company Castle Island Ventures completed the largest financing in history, up to $250 million to invest in startups focused on building currency networks, financial services and Internet architecture.

Korea’s Jeju Island Introduces Blockchain-Fueled COVID-19 App for Tourism

Korea’s Jeju Island Introduces Blockchain-Fueled COVID-19 App for Tourism

To recover from COVID-19 tourism losses, South Korea has introduced a blockchain-powered digital app for visitors of Jeju Island to ensure safe travels.

SEC Reschedules Decision-Making on Bitcoin ETF Proposals

SEC Reschedules Decision-Making on Bitcoin ETF Proposals

The Securities and Exchange Commission (SEC) in the United States once again delayed on deciding on the three Bitcoin exchange-traded fund (ETF) proposals according to the release of documents from the regulatory agency on Monday.

Bitcoin: Bull or Bear Market After Surging Above $19K? Here's What Analysts are Saying

Bitcoin: Bull or Bear Market After Surging Above $19K? Here's What Analysts are Saying

After dropping below $17,700, Bitcoin’s price has swiftly rebounded to trade over $19,000 in the past few days. What's in store for BTC?

Want a Masters in Blockchain? Look no further than the "Blockchain Island"

Want a Masters in Blockchain? Look no further than the "Blockchain Island"

Malta has been deemed the “Blockchain Island” based on the incredible steps made by the administration. As a result, the University of Malta is offering a Masters of Blockchain and Distributed Ledger Technology with the first enrollment taking place this October.

Chainalysis Secures $13M From Ribbit Capital and Sound Ventures, Continuing to Fuel Crypto Adoption

Chainalysis Secures $13M From Ribbit Capital and Sound Ventures, Continuing to Fuel Crypto Adoption

Chainalysis announced that it has secured an additional $13 million in a strategic investment from Ribbit Capital and Sound Ventures during its Series B investment round, taking its total to $49 million.

Crypto Lets Anyone Invest in Early-Stage Ventures Previously Only Meant for the Rich, says Bitcoin Analyst

Crypto Lets Anyone Invest in Early-Stage Ventures Previously Only Meant for the Rich, says Bitcoin Analyst

Market analyst Lark Davis sees cryptocurrencies as game-changers as they enable anyone to participate in early-stage financial ventures previously only reserved for the rich.

South Korea’s Jeju Island Leverages Blockchain to Curb Depleted Electric Vehicle Batteries

South Korea’s Jeju Island Leverages Blockchain to Curb Depleted Electric Vehicle Batteries

Jeju Island’s government representatives have revealed that a blockchain-powered electric vehicle waste-battery distribution management system has been implemented based on a multi-year support. It will track the history of receipts of waste-batteries acquired at the Jeju Technopark Electric Vehicle Battery Industrialization Center that opened in June 2019.

Chinese Province Eyes Blockchain-Powered Points Reward System to Boost Tourism

Chinese Province Eyes Blockchain-Powered Points Reward System to Boost Tourism

Hainan, a southern island province of China, is developing a blockchain-enabled points reward program aimed at promoting tourism in the region.

Blockchain Village at Medini (BVAM) Gets Underway

Blockchain Village at Medini (BVAM) Gets Underway

i2M Ventures has established a Blockchain Village at Medini (BVAM) intended at boosting the blockchain ecosystem in Malaysia.

Blockchain-Focused Fund COSIMO X Acquires Seven-Figure Funding from RIT

Blockchain-Focused Fund COSIMO X Acquires Seven-Figure Funding from RIT

COSIMO Ventures, an investment firm situated in Boston and Dublin, recently announced that the Rochester Institute of Technology (RIT) has endorsed them with a seven-figure investment.

Bitcoin Billionaires Movie to Tell the Winklevoss Twins’ Story

Bitcoin Billionaires Movie to Tell the Winklevoss Twins’ Story

The Winklevoss brothers have teamed up with Stampede Ventures to bring their best-selling biography, ‘Bitcoin Billionaires’ to the big screen.

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