Tim Draper

World’s Wealthiest Annual Ranking Now Lists 12 Crypto Billionaires

<div class=”featured_image_container”> </div> <strong>The American business magazine Forbes recently published the company’s 2021 documentation of the wealthiest billionaires in the world. According to the list published annually every March, there are now 12 billionaires that work directly within the cryptocurrency industry and the list of crypto billionaires is 3x larger than last year. </strong> Today’s …

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India’s largest crypto exchange adopts decentralized Unstoppable Domains

India’s largest cryptocurrency exchange, Unocoin, has adopted the blockchain-based Unstoppable Domains, which simplifies crypto transactions by turning blockchain addresses into human-readable web URLs. Announced on Wednesday, the partnership between Unocoin and Unstoppable Domains — both funded by Silicon Valley investor Tim Draper — is expected to reduce remittance costs and simplify the transaction process for …

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BTC billionaire Tim Draper to Elon Musk: I’d buy the Tesla Cybertruck with Bitcoin

Tim Draper, the billionaire Bitcoin (BTC) investor who also invested early in Tesla, reacted to the company’s CEO and world’s richest man, Elon Musk, adding #Bitcoin to his Twitter bio to join the likes of Twitter CEO Jack Dorsey and Reddit co-founder Alexis Ohanian. Draper, who holds around 30,000 BTC according to reports, told Musk …

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Tim Draper, Pantera Capital back new crypto derivatives exchange

Some of the biggest names in blockchain have thrown their weight behind a new cryptocurrency derivatives exchange, signaling that the next bull market could be driven by institutional investors. Crypto derivatives platform Globe has raised $3 million in seed investments to launch its Globe Derivative Exchange. The new platform is aimed at bringing institutional investors …

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Y Combinator, Pantera Back $3M Investment in New Crypto Derivatives Exchange

A new crypto derivatives exchange, Globe, is looking to step up to the plate following crackdowns on BitMEX, the growth of decentralized finance (DeFi) and a surge in the price of bitcoin. The platform announced Friday a $3 million funding round from the likes of Pantera Capital, Y Combinator, Tim Draper and others. “We’re seeing …

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Tim Draper’s Draper Goren Holm Raises $25M for Blockchain Venture Fund

Venture capitalist Tim Draper’s investment office Draper Goren Holm is sinking larger investments in virtual currency-only startups. Draper Goren Holm, a cryptocurrency investment firm in Los Angeles, told CoinDesk that it raised $25 million for its first venture capital fund to buffer its startup accelerator and back blockchain companies at higher investment valuations.  The venture …

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Tim Draper’s Venture Studio to Triple-Down on Blockchain Projects With a $25M Fund

At the LA Blockchain Summit, the blockchain and fintech venture studio Draper Goren Holm announced the launch of a $25 million blockchain fund called “Fund 1.” According to the announcement the money will be used for promising blockchain and fintech startups in Series A and seed investments. On October 6, 2020, the Los Angeles-based venture …

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Bitcoin’s Big Believers: 6-Digits ‘Inevitable,’ BTC Has a Better Chance of Going to $100K Than Zero

For a number of years now bitcoiners have predicted that the price of bitcoin will surpass its all-time high from 2017 and many believe it will rise to the $100k or six-digit price range. This week bitcoin enthusiasts discussed the possibility of the crypto asset reaching $100k at great length. In mid-December 2017, the price …

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Tim Draper Heaps Praise on Bitcoin Cash

‘Bitcoin Will Never Ditch You’ Ad Dominates Front Page of Major Hong Kong Newspaper The number of bitcoin ads appearing in major newspapers is growing. The front page of Apple Daily, a major newspaper in Hong Kong, featured a “Bitcoin will never ditch you” ad this week. Bitcoin ads also recently appeared in leading … …

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Tim Draper: “Kamala Harris Can Learn Crypto”

Sen. Kamala Harris, who was recently chosen to be U.S. presidential candidate Joe Biden’s running mate, may not be crypto savvy yet, but Tim Draper believes she can learn. Harris is a native Californian whose political career has largely focused on her home state. She served as San Francisco’s District Attorney, and currently represents the …

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