Search results for Tim Draper
Crypto
Billionaire Tim Draper says quantum computers more of a threat to banks than bitcoin
Venture investor Tim Draper said quantum computers pose a greater threat to traditional finance than to bitcoin, arguing banks would be hacked first. He said his bitcoin holdings are safer than U.S. dollars kept in banks and that the bitcoin network could, if attacked, carry out a hard fork to return to a last safe block, though broad consensus would be required. Debate continues over quantum risks and possible quantum-resistant upgrades.
AI & Enterprise
IITCEN Global to work with Draper Startup House on AI and Web3 startup programme
IITCEN Global will jointly host an open innovation programme with Draper Startup House Korea Center, a global accelerator network led by Silicon Valley venture investor Tim Draper, to identify and foster promising AI and Web3 startups. Five affiliates within the group will participate. IITCEN Global plans to act as a control tower to support co-commercialisation and global expansion. About 10 startups will be selected and offered tailored investment reviews and club-deal investment opportunities.
Crypto
Bitcoin price forecasts mixed at $30,000 to $250,000; Market line warns of \'May sell-off bomb\'
Scepticism is growing over forecasts that bitcoin will reach $250,000 by year-end, even as some bulls maintain their projections. Bitcoin is trading about 40% below its October 2025 record high of around $126,000, implying it would need to rise more than threefold to hit $250,000. Analysts have flagged risks of further declines based on a bear-flag pattern, post-halving cycle peaks and a recurring “May sell” pattern in U.S. midterm election years.
