Peter Thiel

Peter Thiel

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Bitcoin Miner Layer1 Overstated Industry Vet's Involvement in $50M Series A Pitch

Peter Thiel-backed Layer1 told potential investors in a recent pitch deck that bitcoin miner maker Canaan’s co-founder Liu Xiangfu joined its team as a key executive – but that’s not what Liu says.

Layer1's West Texas mining facility (Layer1)

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EOS Startup Block.One Is Using Its Billions to Buy Back More Equity

Block.one is buying back more equity from early investors. Some – but not the most famous ones – made 6,500 percent on the last buyback.

Peter Thiel image via CoinDesk archives

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Peter Thiel Backs $2.1 Million Round for Crypto Investment Startup Layer1

PayPal co-founder and venture capitalist Peter Thiel has backed a $2.1 million seed round for crypto investment startup Layer1.

Peter_Thiel_by_Dan_Taylor

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Peter Thiel Fund Moves to Ease Trades for Big Crypto Investors

Peter Thiel's Founders Fund has reportedly invested in a cryptocurrency startup that aims to optimize the bulk trading of cryptocurrencies.

Peter Thiel image via CoinDesk archives

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Peter Thiel: Bitcoin Will Be the 'One Online Equivalent to Gold'

The co-founder of PayPal says there will be only one online equivalent to gold, and bitcoin, as the 'biggest' cryptocurrency, will triumph.

Peter_Thiel_by_Dan_Taylor

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Report: Peter Thiel's Founders Fund Bets Millions on Bitcoin

PayPal co-founder Peter Thiel's VC firm reportedly made hundreds of millions by putting $15 million to $20 million down on bitcoin last year.

peter-thiel

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Peter Thiel: Bitcoin Is Like A 'Reserve Form Of Money'

Peter Thiel, the billionaire co-founder of PayPal, believes that critics of bitcoin are "underestimating" the cryptocurrency.

Berlin, Germany, March 19, 2014. Hy! Summit - Image by Dan Taylor. www.heisenbergmedia.com

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Reddit Raises $50 Million, Plans New Cryptocurrency to Reward Users

Reddit has announced it may develop and distribute its own cryptocurrency to reward users for loyalty.

reddit man

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Peter Thiel: Bitcoin Payment System 'Badly Lacking'

Investor and PayPal co-founder Peter Thiel has again expressed lukewarm views on bitcoin, saying it lacks a payment system.

Peter Thiel image via CoinDesk archives

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$100k Peter Thiel Fellowship Awarded to Ethereum's Vitalik Buterin

Programmer and writer Vital Buterin has been awarded a fellowship worth $100,000 by the Thiel Foundation.

vitalik buterin