I can still picture Nanay trying to wire money to my cousin on her overseas assignment. Ludicrous fees, complex paperwork, just the overall burden that it poses. So it seemed to me like the system was rigged to keep Filipinos sort of under control and oppressed. That's why when I...
This adjacent market within the crypto security arena is poised for explosive growth. So we’re not just talking about a slight increase – that’s a leap from $4.6 billion this current year to an estimated $21.21 billion by 2032. That's a 23% compound annual growth rate. Let's be blunt: if...
The name “Erebor” is plucked directly from Tolkien’s legendarium. To me, it immediately conjures up images of a great Dwarven mountain citadel, full of wealth and might. Or will it become Palmer Luckey’s new venture — a walled citadel defending crypto bros from the consequences of their actions? Or will...
Palmer Luckey. Simply the title conjures vibrant fantasies of military-grade virtual reality helmets. It recalls his doomed donation to that pro-Trump meme factory, which most people assume ended his career at Meta. Now, he’s back – with Erebor. This fully-digital bank focused on startups and crypto companies has an astounding...
This is not just another funding announcement, it is signal. We’re in the midst of a changing crypto landscape. Asia is ascendant, and precedent of failure breeds future success. TOP's $28.5 million Series A raise, valuing them at a cool $1 billion, isn't just about the money. It's about what...
The Open Platform (TOP) raised a staggering $28.5 million in Series A funding just recently. This successful Series A round has catapulted its valuation to a stunning $1 billion. Ribbit Capital and Pantera Capital are hardly the first names you think of when someone describes investors who will pour money...
I've spent years building in the Asian tech scene, and I've seen firsthand the incredible resilience and ingenuity of its entrepreneurs. Yet at the same time, I have witnessed the devastating stranglehold of legacy financial technology. To me, Bitcoin’s sovereign adoption isn’t a financial trend. It has the power to...
Put aside the fantasy that individual investors are the forces sending Bitcoin prices to the moon. While they are important in their own right, the true rocket fuel for a $200,000 BTC is in the sustainability of nations. I’m not referring to a gradual, steady stream of adoption either. No,...
Peter Thiel. The name itself summons up visions of contrarian bets, disruptive innovation, and a heaping helping of Silicon Valley iconoclasm. Now he’s looking to change the game in banking with Erebor. Everything this new financial services firm has done has been aimed squarely at winning over startup founders and...
Let’s wade past the hype and get down to what the data says. After all, gut feelings aren’t going to pay the rent or protect your cryptocurrency!Can Crypto Banks Actually Work?The ashes of Silicon Valley Bank (SVB) are hardly cold. So now Thiel is going to war with Erebor, looking...
