Search results for Castle Island Ventures
AI & Enterprise
Anthropic\'s Claude helps user recover 5 bitcoin from 11-year locked wallet
A user on X who goes by cprkrn said they recovered 5 bitcoin from a wallet that had been locked for more than 11 years after uploading old files from a college-era computer to Anthropic\'s AI model Claude. They said Claude identified an encrypted wallet file and helped guide decryption using the open-source tool btcrecover. The post drew rapid market and industry reactions. The recovered bitcoin are worth about $400,000 at current prices.
Crypto
Stablecoin infrastructure startup Cyclops raises $8 million
Stablecoin infrastructure startup Cyclops raised $8 million from Castle Island Ventures, F-Prime and Shift4 Payments. Cyclops provides technology that helps payment companies adopt stablecoins, and its co-CEO said it aims to be the first platform payment firms think of when building stablecoin solutions. Fortune reported that New York-based Blade is a customer. Cyclops partners with processors including Fiserv and Global Payments.
Crypto
Birchill raises $2.5 million to strengthen institutional on-chain credit infrastructure
Birchill Holdings raised $2.5 million in a pre-seed funding round. The Block reported the round was co-led by Parafi Capital and Castle Island Ventures, with participation from Nascent, FalconX Ventures, JST Digital, Flowdesk and BlueRoc founder Ramin Kampar. Birchill said it will use the funding to expand on-chain credit infrastructure for institutional investors and develop lending strategies focused on structured risk management and capital preservation.