When the sons of legendary investment banker Paul Stephens met Mighty Ducks star Brock Pierce, they were avid World of Warcraft gamers and he was amassing an empire of digital goods exchanges where players could buy, sell, and trade valuable in-game items and virtual currency. Together they would go on to form Blockchain Capital, the first venture capital firm to fund the blockchain ecosystem.
Charlie Shrem has come out on top of his legal dispute with Tyler and Cameron Winklevoss. Two months after Winklevoss Capital Fund was ordered to pay Shrem $45,000 in court fees after a federal judge overturned an order freezing more than $30 million of Shrem’s assets, the case was dismissed with prejudice, meaning it cannot be refiled. Both sides agreed to pay their own costs as part of the agreement.
Forbes on Tuesday announced its inaugural Forbes 50 list of large companies leading the way in developing and using blockchain technology. The list has a notable lack of “pure” blockchain firms. In fact, there are just three—blockchain hardware and software maker Bitfury, cryptocurrency exchange Coinbase, and financial blockchain developer Ripple.
Controversial Bitcoin investor Brock Pierce has used cryptocurrency to buy a $1.2 million house in Amsterdam. The wealthy former child star, known for his role in “Mighty Ducks,” used Bitcoin as collateral to obtain a $1.2 million loan from Swiss FinTech Nexo for a home.