EOS Developer Block.One Secures Investments from PayPal’s Peter Thiel, Bitmain’s Jihan Wu

EOS developer Block.one has secured investments from billionaire PayPal co-founder Peter Thiel and crypto mining hardware billionaire Jihan Wu of Bitmain, according to an official announcement today, July 16. Block.one is the creator of the EOSIO software, a blockchain protocol that aims to support decentralized apps (dApps) on an industrial scale. The protocol’s native cryptocurrency EOS is currently ranked fifth in the world with a market capitalization of $7.1 bln.   Other notable co-investors of Block.one’s latest funding round –– of which the exact total is yet to be revealed ––…