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Tag: Peter Thiel

What is BitDAO?

The world of decentralized finance (DeFi) is witnessing rapid growth, and BitDAO is emerging as a leading force driving this revolution. As...

Not-QE is Back

Quantitative Easing, the printing of money to buy government debt and mortgage securities, as well as corporate debt and at one point straight up...

SEC and DOJ Launch Probes Against Silicon Valley Bank: Report

Both the Securities and Exchange Commission (SEC) and Department of Justice (DOJ) are reportedly investigating the now-collapsed Silicon Valley Bank (SVB) after depositors...

Startups, VCs will get money back from SVB. Now what?

Question Time for startups and venture-capital firms who banked with Silicon Valley Bank: it’s Monday and the feds say you can withdraw your deposits...

Silicon Valley Bank in Talks to Sell Itself After Failed Capital Raise: Report

Silicon Valley Bank (SIVB) is reportedly seeking external acquisition after its efforts to raise over $2 billion in capital have failed. Shares in the...

SVB races to prevent bank run as funds advise pulling cash

Unease is spreading across the financial world as concerns about the stability of Silicon Valley Bank prompt prominent venture capitalists including Peter Thiel’s Founders...

Embattled Silicon Valley Bank Seeking Outside Acquisition: Report

Trading for SVB Financial Group (SIVB) was halted this morning as the firm reportedly seeks to be acquired after failing to raise fresh capital.SVB...

Peter Thiel-Backed Block.one Says it Sold Off Silvergate Stake

Block.one, the Peter Thiel-backed crypto startup that famously raised $4 billion in an ICO for Ethereum competitor EOS, said in a press release Wednesday...

PayPal Owned $604 Million in Crypto Last Year

By the end of 2022, PayPal held over $600 million in digital assets in crypto on behalf of its users. That included $291 million...

Billionaire’s VC Fund Made $1.8 Billion Offloading Crypto Ahead of Market Crash

The Founders Fund, a venture capital firm co-founded by billionaire Peter Thiel, offloaded a nearly eight-year bet on cryptocurrencies shortly before the market started...

Peter Thiel’s fund wound down 8-year bitcoin bet before market crash

Founders Fund, the venture capital firm co-founded by billionaire Peter Thiel, closed almost all of its eight-year bet on cryptocurrencies shortly before the market...

FTX customers names will remain sealed for now, rules judge

The names of up to nine million FTX customers are set to remain confidential for at least three more months following the latest ruling...

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