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In a move signalling a resurgence of interest in cryptocurrency markets, Founders Fund, the venture capital firm founded by billionaire Peter Thiel, has reportedly reinvested in bitcoin and ether.
Sources, familiar with the matter told Reuters, that the firm allocated $200 million last year to acquire crypto tokens, evenly split between bitcoin and ether. This decision underscores the return of institutional investors to token investments, a strategy that was once highly favoured before the crypto market downturn in 2022. ....
The US securities regulator said someone briefly accessed its X social media account on Tuesday (Jan 9) and posted a fake message saying it had approved Exchange Traded Funds (ETF) for bitcoin, a move eagerly awaited by the crypto industry. ....
Shaquille O Neal and his legal team alleged that the way he was served with court papers was "inadequate," and asked the judge to dismiss the lawsuit against him. ....
As payment for his efforts in promoting the crypto business, the former TMON CEO allegedly received LUNA tokens from Terra, which he eventually sold. ....