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Will Reality Have Its Revenge on Andreessen Horowitz's Giant New Crypto Fund?
25.5.2022
The humbled WeWork founder is attempting a rehabilitation through blockchain. The timing couldn't be worse
Andreessen Horowitz closes $4.5 billion crypto fund amid market turmoil
25.5.2022
The new investment vehicle will focus on early-stage ideas as well as projects that are more mature and have already shown some traction
USD 4.5B Crypto Fund, Less Difficult Bitcoin Mining, OTC NFT, Ethereum's Merge + More News
25.5.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: USD 4.5B Crypto Fund, Less Difficult Bitcoin Mining, OTC NFT, Ethereum's Merge + More News
Singapore venture firm launches $100M Web3 and metaverse fund
25.5.2022
The startup fund, which is backed by Babel Finance and Huobi Ventures, will back emerging projects that are building for the Web3 and metaverse economies
Early Solana Investor NGC Ventures Raises $100M for Web 3-Focused Fund
25.5.2022
Crypto-focused venture capital fund NGC Ventures has raised $100 million for its third blockchain fund
Soona Amhaz’s Volt Debuts $50M Crypto Fund Backed by Marc Andreessen, Chris Dixon
25.5.2022
The VC firm will continue to focus on infrastructure, DeFi, NFTs and DAOs
Andreessen Horowitz Establishes $4.5B Crypto Fund, Its Fourth
25.5.2022
Venture Capital firm Andreessen Horowitz has announced a $4.5 billion fund to focus on crypto and Web 3
Swiss VC Launches African Blockchain Early Stage Fund
24.5.2022
Crypto Valley Venture Capital has announced the launch of an early-stage fund for African blockchain startups. Already, the venture capital firm has invested in 12 startups whose use cases go beyond crypto. Uses Cases Beyond Crypto The Switzerland-based venture capital (VC) firm, Crypto Valley...
Veteran Investor Jim Rogers Optimistic About Future of Crypto Money
24.5.2022
Renowned investor Jim Rogers, who co-founded the Quantum Fund with billionaire investor George Soros, says he has “optimism about the future of crypto money.” However, he is skeptical of central bank digital currencies and warned that the world is looking for something to replace...
Korean Police Ask Crypto Exchanges to Freeze Luna Foundation Guard’s Assets
24.5.2022
The South Korean police have reportedly launched an investigation into possible embezzlement involving an employee of Terraform Labs. To prevent fund transfers, the police have requested crypto exchanges to freeze the Luna Foundation Guard’s accounts. Embezzlement Investigation and Asset...
Bitcoin & Crypto Fund Flows Turn Negative, Continued Headwinds Likely
23.5.2022
Crypto fund flows turned negative last week, after strong inflows the week before, bringing total assets under management to their lowest since July 2021. In addition, both on-chain signals and the crypto derivatives market is painting a bleak picture for the near term....
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International Monetary Fund to Assist El Salvador in Compiling Bitcoin Adoption Statistics
23.5.2022
The International Monetary Fund has mentioned it is providing technical assistance to the government of El Salvador in various ways. According to Gerry Rice, a spokesperson for the organization, the group is having talks with people of the Salvadoran government about tax and money laundering...
Central Africa Republic’s Bitcoin Adoption: The Real Work Must Start Now
23.5.2022
The Central Africa Republic (CAR)’s surprise bitcoin adoption decision once again shows that the top cryptocurrency can be an alternative to fiat currency. However, the African country still needs to invest heavily in its telecommunications infrastructure. The CAR also needs to prioritize...
Crypto Valley Venture Capital Launches African Blockchain Early-Stage Fund
23.5.2022
The venture capital investor wrote in a report that funding for African blockchain startups far outpaced investment in other venture funding
So-Called ‘Pharma Bro’ Martin Shkreli Turns ‘Crypto Bro’ — ‘I Started Using Uniswap in Prison’
22.5.2022
Following his release from prison, the former hedge fund manager and convicted felon, Martin Shkreli, discussed cryptocurrencies and using the decentralized exchange (dex) platform Uniswap from a federal penitentiary. The so-called ‘Pharma Bro’ further explained that eventually,...
A16z Launches $600 Million Web3 Gaming Focused Fund
21.5.2022
A16z has launched a new fund that seeks to invest $600 million in gaming experiences including Web3 and metaverse. The fund, which seeks to build the future of the gaming industry, aims to back several startups and projects in different areas including gaming studios, the intersection of gaming...
$3B flows to Metaverse and Web3 gaming this month as A16z’s tips in $600M
19.5.2022
“GAMES FUND ONE” will invest in game studios, consumer apps and game infrastructure providers with a16z saying the industry has “solved many of the problems” needed to make a Metaverse
Layoffs At EA Austin Following Split With FIFA
18.5.2022
Electronic Arts is laying off a ton of customer service staff at its Austin office, according to internal emails viewed by Kotaku. One source familiar with the decision told Kotaku that as many as 100 employees could be affected, many of whom supported live operations on FIFA 22. Going forward,...
A16z Launches First Gaming Fund With $600M Commitment
18.5.2022
The venture capital giant will invest in game studios, consumer apps and infrastructure
Saudi Arabia Now Owns 5% Of Nintendo
18.5.2022
Saudi Arabia’s Public Investment Fund, a near-bottomless pit of cash tasked with diversifying the nation’s economy (and whitewashing their human rights record), has acquired a 5.01% stake in Nintendo.Read more