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Peter Thiel: From PayPal "Godfather" to a Major Player Behind the Scenes in the Encryption Industry
Author: Zen, PANews
The U.S. listed mining company BitMine has attracted widespread attention in the market for becoming the largest enterprise-level holder of Ethereum globally. With the disclosure of on-chain data, there has been a new round of discussion on the role and impact of institutions in the allocation of crypto assets. Besides Tom Lee, the chairman of the BitMine board, who is always in the media spotlight and fervently "supports" ETH, another name has been frequently mentioned behind this wave of enthusiasm—Peter Thiel.
As one of the most controversial and forward-looking investors in Silicon Valley, Thiel showed early interest in Bitcoin and the potential of decentralization, placing multiple bets in the crypto industry through his fund. Thiel's investment trajectory not only reflects his judgment on future technological trends but has also, to some extent, shaped the landscape of today's cryptocurrency market.
PayPal Godfather
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The U.S. listed mining company BitMine has attracted widespread attention in the market for becoming the largest enterprise-level holder of Ethereum globally. With the disclosure of on-chain data, there has been a new round of discussion on the role and impact of institutions in the allocation of crypto assets. Besides Tom Lee, the chairman of the BitMine board, who is always in the media spotlight and fervently "supports" ETH, another name has been frequently mentioned behind this wave of enthusiasm—Peter Thiel.
As one of the most controversial and forward-looking investors in Silicon Valley, Thiel showed early interest in Bitcoin and the potential of decentralization, placing multiple bets in the crypto industry through his fund. Thiel's investment trajectory not only reflects his judgment on future technological trends but has also, to some extent, shaped the landscape of today's cryptocurrency market.
PayPal Godfather
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Google's ambition: from AI Computing Power infrastructure to Crypto
Author: KarenZ, Foresight News
Google, the global tech giant, is accelerating its strategic layout in the fields of Crypto and AI computing.
Recently, a series of actions have attracted widespread attention: the collaboration with the Bitcoin mining company TeraWulf through the AI cloud platform Fluidstack will acquire an 8% stake in TeraWulf, the Google Play Store is about to adjust policies related to cryptocurrency exchanges and software wallets, and preliminary discussions are underway with multiple cryptocurrency companies regarding the integration of stablecoins — these actions highlight Google's deep involvement in the fields of AI computing and cryptocurrency.
How did Google acquire an 8% stake in the bitcoin mining company TeraWulf?
TeraWulf
Google, the global tech giant, is accelerating its strategic layout in the fields of Crypto and AI computing.
Recently, a series of actions have attracted widespread attention: the collaboration with the Bitcoin mining company TeraWulf through the AI cloud platform Fluidstack will acquire an 8% stake in TeraWulf, the Google Play Store is about to adjust policies related to cryptocurrency exchanges and software wallets, and preliminary discussions are underway with multiple cryptocurrency companies regarding the integration of stablecoins — these actions highlight Google's deep involvement in the fields of AI computing and cryptocurrency.
How did Google acquire an 8% stake in the bitcoin mining company TeraWulf?
TeraWulf
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IELTS
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The industry dividends really are too many. Choice is greater than effort. Today I saw a video where the blogger talked about various industries in China. Here’s a summary for everyone to see if there are still opportunities in different industries in China: 1. Can adult experience centers be done? No, this is a gray area, and some places have already started to arrest people. Since there are physical stores, it's hard to escape. 2. Can second-hand houses still be bought? No, prices will go lower, referring to the history of Japan's real estate market, the downward trend may last for ten years. 3. Can domestic helpers be done? This sector will indeed get better and is worth looking into. 4. Can cross-border e-commerce be done? Cross-border e-commerce will become more...:What impact will the launches of exclusive chains by Strip, Circle, and Tether have on Ethereum and L2?
With Strip, Circle, and Tether successively launching their own dedicated chains, I would like to discuss two viewpoints:
1) Impact on Ethereum layer 2:
Layer 2s are all striving to find ways to inherit the security of the mainnet more safely, but they overlook a fact: the core demands of major clients like Strip, Circle, and Tether that can truly bring mass adoption opportunities to L2s are not decentralized security, but rather full-stack control from minting to settlement.
Moreover, the commercial interests of Sequencer income, MEV, and gas fees, which can be fully pocketed, have no reason to further share with L2. More importantly, when regulatory inquiries or urgent "compliance" issues arise, having a dedicated chain can clearly meet the risk control requirements of TradFi more quickly and efficiently.
So this matter is related to Ethereum layer
1) Impact on Ethereum layer 2:
Layer 2s are all striving to find ways to inherit the security of the mainnet more safely, but they overlook a fact: the core demands of major clients like Strip, Circle, and Tether that can truly bring mass adoption opportunities to L2s are not decentralized security, but rather full-stack control from minting to settlement.
Moreover, the commercial interests of Sequencer income, MEV, and gas fees, which can be fully pocketed, have no reason to further share with L2. More importantly, when regulatory inquiries or urgent "compliance" issues arise, having a dedicated chain can clearly meet the risk control requirements of TradFi more quickly and efficiently.
So this matter is related to Ethereum layer
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Consensys CEO: We will soon surpass other ETH treasury companies.
Joe Lubin discussed the Sharp Link project, stating that it is backed by an Ethereum company and has multiple advantages. He is confident in surpassing other treasury companies due to positive feedback effects, top-notch staking capabilities, and a professional asset management team. He suggested entrusting funds to excellent DeFi investors for management.
The abstract is generated by AIETH1.42%
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