Andreessen Horowitz (a16z) Allocates $30M Funding for Gaming Startups
Silicon Valley-based venture capital firm Andreessen Horowitz (a16z) founded by Marc Andreessen and Ben Horowitz is investing $30 million in gaming startups in the next 45 days. Andrew Chen is a general partner for a16z Games took to the social media platform
Exclusive: Ant Group’s ZAN Becomes Core Chain’s Validator to Fortify Blockchains’ Security in Asia-Pacific
Ant Group’s Web3 security solutions provider ZAN has become a validator on Core Chain – EVM-compatible blockchain secured on Bitcoin. The strategic partnership with validators reinforces blockchains’ security and decentralization, Core Foundation told Cryptonews via mail. Core Foundation that aims to create
Crypto.com to Launch New App in South Korea on April 29
Crypto.com is expanding its global presence by launching its app in South Korea, slated for April 29. Following regulatory approvals, Crypto.com officially announced that its app will launch in South Korea, granting retail customers access to trade over 150 cryptocurrencies and
Deribit To Set Up Global HQ in Dubai As VARA Grants Conditional License
Deribit, the world’s largest crypto options exchange, said Tuesday that its Dubai-based subsidiary was granted a conditional virtual asset service provider license by the Virtual Asset Regulatory Authority (VARA). While the license encompasses both spot and derivatives trading activities, it is
USDT OTC ‘Thieves’ Arrested in South Korea’s Gangnam District
Police in Gangnam, an affluent district of Seoul, South Korea, have arrested 10 people accused of stealing money in a bogus USDT OTC trade. Per Maeil Kyungjae, police say a “gang” lured a “victim” into a street in the Yeoksam Neighborhood. Officers
South Korean Politicians Accuse Each Other of Crypto Misconduct Ahead of Election
South Korean politicians are accusing one another of crypto-related wrongdoings ahead of parliamentary elections in the nation on April 10. The country will go to the polls in just over a week to elect members of the National Assembly. The parliament is
Bitfarms Reports Slight Dip in Bitcoin Production for March 2024 Despite Expansion Efforts
Leading global Bitcoin mining company Bitfarms Ltd. (BITF) released its monthly production report for March 2024 alongside an update on its ongoing fleet upgrade and expansion efforts On April 1. While March’s Bitcoin production dipped slightly compared to previous months, the
Mark Yusko Predicts Bitcoin At $150,000 In 2024
Morgan Creek Capital CEO Mark Yusko predicts the price of one Bitcoin (BTC) could reach $150,000 by the end of the year – more than double its current price. In an interview with CNBC’s Fast Money on Saturday, the hedge fund
Crypto Theft Plummets by 48% in March — Are Crypto Assets Getting Safer?
March saw a major decrease in crypto theft incidents, with malicious actors stealing approximately $79 million from decentralized finance (DeFi) projects, according to data from blockchain security firm CertiK. The figure represents an incredible 48% drop compared to the $160 million
Bitcoin “Inflation Hedge” Argument Is a Fairy Tale Used By Speculators: Andrew Sorkin
According to CNBC’s Andrew Sorkin investors aren’t buying Bitcoin (BTC) as an inflation hedge. During an April 1 interview with Pomp Investment founder Anthony Pompliano, both debated whether BTC’s theoretical role as a “risk off” asset is a real thing or