Ali Yahya, Andreessen Horowitz: 'Many Fair Weather VCs Have Pivoted'
A16z’s general partner tells Jeff Wilser why the blue-chip venture fund is "100% committed on crypto as a space." Original Source
Read MoreA16z’s general partner tells Jeff Wilser why the blue-chip venture fund is "100% committed on crypto as a space." Original Source
Read MoreAndreessen Horowitz, to date, is arguably one of the most prolific investors in the blockchain space. Andreessen Horowitz (a16z) is reportedly planning to raise a $3.4 billion fund that will be designated for early-stage and seed-stage crypto businesses. The development was shared by Axios, which also cited other sources. According to Axios,
Read MoreAndreessen Horowitz is set to raise around $3.4 billion for its next early-stage funds, while planning to diversify with new crypto and bio vehicles in 2025, amidst a challenging crypto market. In a recent report by Axios, Andreessen Horowitz has outlined a target of $3.4 billion for its forthcoming core early-stage
Read MoreBastion plans to use the funds to scale its operations, attract top engineering talent, and secure additional licensing to diversify its product offerings. Bastion, a newly launched Web3 startup co-founded by two former executives from Andreessen Horowitz‘s digital assets venture division a16z Crypto, has secured $25 million in a seed funding
Read MoreTwo former executives from Andreessen Horowitz (a16z)’s crypto division have managed to raise $25 million in seed funding for their newly launched Web3 startup Bastion — despite the recent drought in venture capital funding. On Sept. 18, the new firm, Bastion, announced the launch of its product suite. The firm’s goal
Read MoreZK proofs “scale blockchains by kind of doing the hard work off-chain, and only having the blockchain verify the proofs,” said Justin Thaler, an a16z researcher and associate professor at Georgetown University who co-authored the Lasso and Jolt research. With ZK proofs, “you can get a guarantee that this work
Read MoreThe transactions happened as MKR surged Friday to a near-one year high above $1,200 following the activation of a new token buyback scheme that is removing coins from the market, reducing their supply. The token pared some of its gains, sinking to as low as $1,040 on Monday, and has
Read MoreAn executive from venture capital firm Andreessen Horowitz (a16z) believes that Web3 has the solutions to the headaches and problems found on Web2-based social media platforms. During a keynote speech at the Ethereum Community Conference (EthCC), a16z partner Sriram Krishnan shared a presentation explaining how Web3 can fix social media and
Read MoreThe latest price moves in bitcoin (BTC) and crypto markets in context for June 12, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets. Original Source
Read MoreThe former chief technology officer (CTO) and chief information security officer (CISO) from venture capital firm Andreessen Horowitz (a16z) are starting an institution-focused cryptocurrency custody firm, according to a person familiar with the plans. Source
Read More