Tuesday, 17 July 2018
Rumors of yet another Block.one funding round have surfaced, reports Bloomberg. This one is said to be headlined by Peter Thiel, the tech billionaire who co-founded PayPal. His latest move confirms that he has ultimately backed another cryptocurrency: EOS. Besides PayPal, Thiel is mostly known for his super-early investment in Facebook in 2014, when he acquired a 10 percent stake for $500,000. This was to be the first outside investment into Facebook Inc. Since then, he’s sold most of his shares, the profits adding up to over $1 billion. As specifics are scarce, it was not mentioned whether this a…
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