Iceland’s blockchain-powered identity platform Authenteq has received a $5 million investment from Draper Associates, among others.
Tim Draper News
Tim Draper is a pioneer of business ventures in the USA and a co-founder of Draper Fisher Jurvetson (DFJ) Venture Company, which has a leading position in terms of venture investments in technological companies that are in the early stages of development. Currently, venture capitalist Tim Draper is actively investing into cryptocurrency and he is one of the primary investors in the Tezos project, which has attracted a record $232 million in Bitcoin and Ethereum. Tim Draper’s attitude toward Bitcoin has become popular due to his positivity, remaining unchanged even after the conflict with Tezos team members and the blocking of all assets of the company. According to Tim Draper, cryptocurrency represents freedom and is superior to the traditional financial system.
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by Helen Partz
Crypto exchange Huobi’s U.S.-based strategic partner HBUS has hired former VC director of Draper Athena as VP of Corporate Development.
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A new report from Diar reveals that “traditional” venture capital investment in blockchain and crypto firms has almost tripled in the first three quarters of 20...
- Hodler’s Digest
A judge has weighed in on cryptocurrencies falling under securities laws, and several new stablecoins are approved by New York regulators.
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The husband and wife duo behind Tezos have faced their latest setback in an ongoing securities class action against their $232 million ICO.
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Billionaire investor Marc Lasry has reiterated his faith in Bitcoin’s future, forecasting a $40,000 price point for the cryptocurrency in the next few years.
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India’s banking system has taken a harsh stance against cryptocurrencies.
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Venture capitalist and Bitcoin enthusiast Tim Draper said that blockchain could enable people to more easily emigrate away inefficient governments.
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The Supreme Court of India has blocked all further petitions in High Courts against the central bank’s block on crypto dealings, local sources report.
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South Korea’s SK Telecom will now use Blockchain for their asset management, as well as support Blockchain tech startups with new platform.
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by Helen Partz
American VC investor and famous Bitcoin bull Tim Draper argues during a debate with Bitcoin skeptics that the technology is “bigger than the internet”.
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The High Court of Delhi has reportedly sent a notice to the Reserve Bank of India in response to a company’s petition that the bank’s crypto ban is unconstituti...
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Crypto hedge fund CEO Dan Morehead says $6.5k is as low BTC’s bear market will go, adding the coin is “highly likely” to exceed $20k within a year.
- Follow up
Bitcoin’s surprise bounce - a number of factors compound a surge in the value of preeminent cryptocurrency.
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The crypto markets are sinking slightly today, bringing BTC back slightly under $8,000 and ETH close to $500.
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