founders

Joseph Lubin, co-founder of Ethereum, stated on social media that it would be a wonderful thing if the world could have a truly trustworthy and neutral global coordination and digital asset settlement platform. It is the large-scale and rigorous decentralization achieved by the Ethereum platform that makes this vision possible. Soon, and in the near future, more organizations with trustworthy neutrality and ample funding will join in to promote this mission alongside the Ethereum Foundation.These organizations will focus on facilitating the development of the entire Ethereum ecosystem and advancing the areas of interest for many financial institutions adopting Ethereum technology, including: Ethereum Mainnet, Layer 2 networks (L2), and private Ethereum networks. In the future, these three major systems will be able to achieve near real-time interoperability and composability, while ETH will flow freely within this expanded Ethereum ecosystem landscape.

Bittensor co-founder const posted on the X platform, detailing the current state of decentralization of the project, future roadmap, and goals. Bittensor has not yet achieved decentralization at the economic incentive layer, which is still led by the core team, including const himself, two engineers, and a core group of contributors. The project has been live for over 5 years, with no pre-mining, and has 128 subnet teams and over 20 core validator teams, achieving decentralization at the ownership distribution level. The team chose to rapidly iterate at the cost of "maintaining centralization" rather than slowly advancing "democratic" decision-making.Regarding future update plans, Bittensor will promote validators to re-enter the competitive mechanism while opening liquidity pools for two-way investment to symmetrize the market and prevent on-chain signals from being manipulated. Additionally, a belief mechanism will be introduced to grant voting rights to Alpha token holders. In the coming weeks, updates will also be made to TaoFlow and its derivatives, further fine-tuning the issuance distribution algorithm to optimize the distribution method of inflation. Const expects to complete the construction of core mechanisms within the next year and a half, at which point the three pillars of incentive alignment, value optimization, and true ownership will operate in synergy, ultimately achieving complete decentralization by abandoning centralized control.

Longevity technology startup NewLimit, co-founded by Coinbase founder Brian Armstrong, announced the completion of a $435 million Series C funding round, with a valuation of $3.1 billion. This round was led by Founders Fund, a fund under Peter Thiel, with continued participation from Abstract Ventures, Kleiner Perkins, NFDG, Eli Lilly Ventures, Valor Equity Partners, and new investors including Thrive Capital, Greenoaks, and Quiet Capital.In 2021, Brian Armstrong, along with former GV partner and bioengineer Blake Byers and stem cell biologist Jacob Kimmel, jointly invested $110 million to establish NewLimit in South San Francisco.

Gnosis DAO is conducting a Snapshot vote proposing to allow GNO holders to proportionally acquire shares of the DAO treasury through a voluntary redemption mechanism. According to analyst Ignas, the treasury holds approximately $223 million in assets (including ETH, stablecoins, and ecosystem tokens), with about 1.3 million GNO eligible for redemption, each corresponding to about $170 in treasury value, while the current trading price of GNO is around $132, representing a discount of about 27%.The vote reversed twice within 24 hours: after Gnosis co-founder Stefan George cast a dissenting vote, the situation briefly turned, but then a whale wallet holding 67,000 GNO cast a supporting vote, putting the supporters back in the lead. Currently, about 116,000 GNO are in favor (about 65%), 59,600 against, and 1,600 abstentions, surpassing the quorum threshold of 75,000 votes, with voting continuing until May 12.Supporters believe that Gnosis Ltd. has become a funding black hole structurally misaligned with the interests of holders, while opponents warn that redemption will weaken projects with actual users such as Gnosis Pay, Circles, and Gnosis Chain, and may trigger a chain reaction for other DAOs trading below net asset value.

According to market news, Silicon Valley's top investor Peter Thiel's venture capital fund Founders Fund has raised $6 billion to invest in late-stage companies, marking the largest fundraising in the institution's history.Most of the funds—$4.5 billion—come from limited partners, including sovereign wealth funds. A source familiar with the matter stated that the remaining $1.5 billion comes from senior management and employees of Founders Fund, including Peter Thiel himself. The fund's fourth growth-stage investment fund was quickly established less than a year after the launch of the previous fund, making it the fastest transition to a new fund in Founders Fund's twenty-year history.The rapid launch of a larger fund reflects the rising demand for substantial financing from mature-stage startups, which are increasingly inclined to raise funds from private investors rather than the public market. Other venture capital firms are also raising billions of dollars for late-stage investments, partly because tech companies need more capital to afford expensive computing resources. For example, Sequoia Capital recently raised about $7 billion for a new fund to increase investments in large companies; Thrive Capital has also raised a fund of $10 billion, marking its largest scale in history.

Peter Thiel's venture capital firm Founders Fund is investing approximately $624 million in Anduril's latest funding round, making it one of the largest investors in this round.It is reported that Anduril's funding round is approximately $4 billion, with a valuation expected to reach $60 billion, led by Andreessen Horowitz (a16z) and Thrive Capital. Anduril is a U.S. AI military startup, and its founder Palmer Luckey previously launched a digital bank called Erebor with Peter Thiel, specifically designed for cryptocurrency and tech startups.

Keone Hon from Monad Lianchuang stated: "I feel that the lending protocol for the liquidity pool should set rate limits on the supply of assets deposited as collateral. For example, if the current supply is 100 million and the supply cap is 300 million, then in the next 10 minutes, the maximum allowed increase should be to 110 million, rather than allowing a one-time deposit of the full 200 million. In reality, no one needs to complete such a large deposit all at once.This is important because when certain exotic assets are attacked, the impact depends on the scale of the exit channels for that asset. Especially in many cases where attacks belong to infinite issuance vulnerabilities, the scale of the exit that can be made essentially determines the upper limit of the attack losses. Lending protocols are often the largest exit channels. If a smart cap is introduced, where the initial cap is slightly above the current supply and is gradually adjusted to the real cap over several hours, it would have a huge effect. With such a mechanism, rsETH depositors could have avoided about 200 million dollars in losses.This also raises a point: the asset issuers themselves should support such mechanisms. If you are issuing redeemable tokens with redemption delays, you are not worried about hackers redeeming directly from you, but you need to compress the scale of external exit paths as much as possible without affecting normal users. Therefore, a high supply cap should be seen as a risk rather than a symbol of strength. For example, the Hyperbridge DOT attack did not result in a 100 million dollar loss because there were very few exit paths; the Resolv attack loss was 24 million dollars instead of 200 million dollars because the scale of the exit path limited the loss cap. This is an obvious principle, but there are still immediately actionable measures: audit the supply caps of all assets and lower the caps when unnecessary."

Kyle Samani, co-founder of Multicoin Capital, stated on the X platform that he is willing to bet on the viewpoint proposed by KOL ampera that "Bittensor (TAO) will enter the top 10 of crypto assets before 2028," and he is willing to accept a maximum bet amount of $1 million.

Pendle co-founder @tn_pendle met with the Deputy Prime Minister of Vietnam last week in New York along with Deutsche Bank, Morgan Stanley, BlackRock, Franklin Templeton, and Anchorage Digital to advocate for the construction of Vietnam's international financial center.During the talks, Pendle co-founder @tn_pendle discussed Vietnam's potential as a market for tokenized bonds, ETFs, and private credit, and strongly promoted the deep talent pool that Vietnam possesses.

Two co-founders of the Indian cryptocurrency exchange CoinDCX, Sumit Gupta and Neeraj Khandelwal, who received investment from Coinbase, were arrested by the police on suspicion of involvement in a cryptocurrency investment scam. However, according to reports from other local media, the two were only summoned and not arrested.CoinDCX issued a statement saying that the case involves someone impersonating the founders of CoinDCX and defrauding an insurance consultant of 7.1 million rupees (approximately $75,000), and is unrelated to the two founders.

According to Axios, Meta has acquired Moltbook, a social network designed specifically for AI agents that has garnered significant attention. This deal brings Moltbook founders Matt Schlicht and Ben Parr into Meta Superintelligence Labs (MSL), a department led by former Scale AI CEO Alexandr Wang.

According to market news, sources reveal that Peter Thiel's Founders Fund is about to complete the fundraising for its fourth growth fund, expected to secure $6 billion in capital commitments.External investor demand exceeds the fund's capacity, with approximately $1.5 billion coming from Founders Fund partners themselves. This fundraising comes less than a year after the closure of its third $4.6 billion growth fund, which is primarily used for follow-on investments in successful late-stage companies.

According to Bloomberg, the Latin American financial app ARQ, focused on stablecoins, has completed a $70 million financing round, with participation from Sequoia Capital and Founders Fund.This round of financing will be used for rebranding, hiring new employees, and expanding services beyond dollar-denominated transfers, including wealth management, local currency high-yield accounts, and credit services. ARQ, formerly known as DolarApp, offers multi-currency accounts, digital wallets, foreign exchange, and debit card services, helping users store and transfer funds across borders. It has over 2 million customers in Latin America, with an annual transaction volume exceeding $10 billion. ARQ stated that it has built infrastructure connecting traditional banking networks and stablecoin-based payment systems, enabling users to hold foreign currency and conduct transactions.

Ronin announced an adjustment plan for its economic model, stating that as the network is expected to transition to Layer 2 by the end of March, passive staking rewards and the original validator system will be eliminated, replaced by a "proof of allocation" mechanism that provides targeted incentives to builders who make actual contributions to the ecosystem.The announcement also stated that the Ronin treasury will enhance its financial strength by increasing revenue sources such as transaction sharing from Ronin Market, sorter earnings, and new income from ecological applications and game tokens. In terms of governance, control of the treasury will shift from validators to a voting mechanism based on RON token weight, which will be used to review buybacks, investments, and DeFi-related activities.

According to crypto journalist Eleanor Terrett, a16z co-founders Marc Andreessen and Chris Dixon had a lunch meeting with Republican senators, focusing on advancing cryptocurrency market structure legislation to solidify the United States' global leadership in the fields of crypto and AI.

The autonomous AI agent platform Feltsense announced the completion of a $5.1 million financing round. This round was participated by Matt PRD, the founder of moltbook, as well as the founders of Crunchbase and Joinrepublic, along with well-known venture capital firms such as Draper VC, Precursor VC, and Liquid 2 VC.

According to Cointelegraph, the co-founder and board member of the cryptocurrency infrastructure platform Cere Network is facing a $100 million lawsuit, with the plaintiffs accusing them of executing a "pump and dump" scheme that allegedly stole tens of millions of dollars from investors.The plaintiffs allege that co-founder Fred Jin and others violated lock-up commitments after the public offering of the platform's tokens, secretly selling $41 million worth of tokens and transferring the funds to personal wallets. The lawsuit also claims that they collaborated with market makers to use bots to fake trading volumes to cover up their actions. This is the second lawsuit Cere Network has faced this month. Previously, another co-founder filed a lawsuit on January 13, accusing Jin of misappropriating over $58 million in company assets. Currently, the price of the CERE token has dropped approximately 99.9% from its all-time high in November 2021.