Prominent crypto investor Katie Haun is reportedly planning to raise a whopping $900 million for a pair of cryptocurrency investment funds. This could be a significantly large debut for a new venture capital firm. Katie Haun’s High Target for First Venture Firm Haun, who is set to depart as a partner at Andreesen Horowitz (a16z), has high targets for her new venture firm, according to Financial Times. The investor has doubled down on a $300 million early investment fund...
Read More »Blockchain Analytics Firm Nansen Raises $75 Million in Funding Led by Accel
The blockchain analytics platform Nansen raised $75 million via a Series B funding round led by the venture capital firm Accel. The investment will aim to expand the former’s global presence and accelerate the development of innovative product offerings for customers. Nansen’s Newest Funding Round The Singapore-based blockchain platform announced the news on its official website. Apart from Accel, the funding round was supported by several other venture capital firms,...
Read More »Privacy Startup Nym Raises $13 Million in Third Funding Round Led by a16z
European privacy-focused startup, Nym Technologies, has recently raised $13 million from industry investors in its third investment round. a16z and Others Invest In Nym According to an official press release shared with CryptoPotato, the just-concluded investment round was led by the leasing Silicon Valley firm – Andreessen Horowitz (a16z). Nym noted that the fresh cash injection will be used to expand its community and add a dedicated project team just before the launch of...
Read More »Coinbase Co-founder-led Paradigm Announces $2.5B Bombshell Venture Fund
The crypto and blockchain space seems to be thriving. In fact, this vertical has fetched the largest valuation step-up this year. Naturally, VC firm Paradigm has also ramped up its game with its latest $2.5 billion venture fund. With the wave of new-fangled investor interest, eye-popping fundraises in crypto are not surprising anymore. One such high-profile investment firm is Paradigm that has managed to capture the crypto industry’s biggest venture fund ever after breaking...
Read More »Worldcoin Will Give You Free Crypto if You Let It Scan Your Eyes
A new startup is looking to scan everybody’s eyes in exchange for cryptocurrency. The process sounds like something out of the movie “Minority Report.” Scan your eyes, get paid in a token known as Worldcoin. Worldcoin Is Here to Scan Your Eyeballs The currency is named so because the idea is to give everyone in the world cryptocurrency. There’s just one thing: you need to let a small, metallic orb examine and sweep your eyes. This will add your data (DNA) to the system...
Read More »The US Should do The Opposite of China on Crypto: a16z Partner
Speaking at CNBC’s Delivering Alpha conference on Sept. 29, a16z partner Katie Haun said the U.S. should look towards China for what not to do. She was referring to Beijing’s incessant crackdowns on the crypto industry and any activities related to the trade of digital currencies. In her view, financial regulators in the U.S. should be doing the exact opposite, but at the moment, it appears they are following in China’s footsteps with moves to over-regulate crypto rather than...
Read More »Marc Andreessen: Bitcoin Is a Fundamental Technological Transformation
The co-founder of Andreessen Horowitz – Marc Andreessen – highlighted cryptocurrencies and blockchain technology as a financial revolution. He also praised bitcoin, saying it is not only a digital asset but a network providing numerous options to investors. Cryptocurrencies Can Build Trusty Relationships During an interview for Bloomberg, the American entrepreneur Marc Andreessen revealed his reasons what makes digital assets an enduring investment option. He stated that one...
Read More »NFT Marketplace OpenSea Raises $100M in a Funding Round Led by Andreessen Horowitz
The world’s largest NFT marketplace, OpenSea has recently raised $100 million from industry investors in a recently-concluded Series B funding round led by leading American venture capital firm, Andreessen Horowitz. Making NFT Trading Accessible to More Users In an official press release published Wednesday, OpenSea noted that it will use the funds to expand its reach into several new international markets to make NFT trading accessible to more users. The project also added...
Read More »VC Giant Andreessen Horowitz Will Launch a $2.2 Billion Cryptocurrency Fund
Roughly three years after releasing its first crypto-related product, the private US venture capital firm a16z has outlined plans to double down via a ‘radically optimistic’ digital asset fund. The company’s partners called the industry ‘the future of finance.” Founded in 2009, Andreessen Horowitz is a venture capital giant operating from California that has already launched several pro-cryptocurrency products. It has also previously participated in the funding rounds of...
Read More »Chia: Der Hype um diese neue diegitale Währung kennt keine Grenzen. Aber Chia frisst Speicherplatz!
Chia wird noch nicht gehandelt. Dennoch löste Chia bereits jetzt einen Riesenhype aus. Allerdings: Die neue Kryptowährung Chia frisst 1,14 Exabyte oder 1143 Petabyte Ein ganz wesentlicher Punkt von Digitalen Währungen ist das verifizieren von Transaktionen. Welcher Mechanismus verifiziert Transaktionen und schreibt die gültigen in die Blockchain? Bei Bitcoin ist das jeweils derjenige Computer, welcher die Rechenaufgabe am schnellsten löst....
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