Cryptocurrency Analysis and News Portal
Austria-based One Trading, the digital asset exchange formerly known as Bitpanda Pro, has announced a successful €30 million (roughly $33 million) funding round as it separates entirely from Bitpanda. The new platform plans to expand its crypto asset offerings for retail and institutional investors throughout Europe. The raise was led
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“Historically, crypto founders have felt the need to bring on a specialized, crypto-only investment fund alongside traditional VCs," said Krug in a Medium blog post. "However, by combining my expertise in crypto with the brand and generalized expertise of Founders Fund, I believe no firm is better positioned to lead
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A VC fund co-founded by Peter Thiel closed almost all of its 8-year-long bet on Bitcoin last year. The winding down of the crypto investments came right before 2022’s crypto crash in May. Shortly after selling the crypto holdings, Thiel suggested that Bitcoin’s price may rise 100-fold.The fund currently manages more than
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A core flaw in the program, according to Chafkin’s reporting for “The Contrarian,” is the nearly complete lack of any supervision or training. The Thiel Fellowship is sometimes compared to early-stage venture accelerator Ycombinator, but Ycombinator is highly structured, including regular check-ins where participants report their progress. The Thiel Fellowship,
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Vienna-based cryptocurrency broker Bitpanda has closed its third major private financing round led by Peter Thiel’s Valar Ventures. Raising $263 million, and drawing in new investments from British billionaire hedge fund manager Alan Howard and REDO Ventures, the company is now valued at $4.1 billion. That’s three times its last valuation
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European crypto brokerage Bitpanda, based in Vienna and founded in 2014, is announcing the completion of a $52 million Series A led by PayPal legend Peter Thiel’s Valar Ventures. This fundraising round, plus a seed round in 2016 and an initial exchange offering in 2019, means the 240-employee company raised
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Fresh on the heels of an $18.3 million Series A funding round last August, crypto lending startup BlockFi has secured a $30 million Series B.Announced Thursday, the new funding will help the firm expand both its product offering and geographic footprint. “We decided to opportunistically raise the Series B to expand
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An “intense year” lies ahead for Facebook as the U.S. general election looms. Early investor Peter Thiel recently dumped over 80% of his stake in the company. The early investor’s remaining stake is now worth less than $3 million. At the time of Facebook’s (NASDAQ:FB) IPO in 2012 early
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