Anchorage Digital Bank Launches Global Settlement Network For Digital Assets

forbes.com San Francisco’s Anchorage Digital Bank, N.A., a federally chartered crypto bank, primarily focused on trust and custodial services, is launching Atlas, a global network…

Memecoins are like a ‘risky casino’

cointelegraph.com The chief technology officer of VC firm Andreessen Horowitz said that memecoins are like risky casinos that deter real builders from the crypto ecosystem.

EigenLayer-Powered Aligned Layer Raises $20M to Make ZK Proofs Faster, Cheaper on Ethereum

coindesk.com Ethereum verification protocol Aligned Layer has raised a $20 million Series A to enable faster and cheaper zero-knowledge (ZK) proofs on the world's second-biggest…

Xaira, an AI drug discovery startup, launches with a massive $1B, says it’s ‘ready’ to start developing drugs

techcrunch.com Advances in generative AI have taken the tech world by storm. Biotech investors are making a big bet that similar computational methods could revolutionize drug discovery.…

How Blockchains and Tokens Are Powering the Next Internet Revolution

thedefiant.io Hello Defiers! Today, I'm bringing you a very special episode from a session I moderated at SXSW, where I had the opportunity of leading a session with Chris Dixon, a…

Memecoins, Web3 Social Media, and the Evolution of Token Models with Li Jin

thedefiant.io Li Jin is the co-founder and managing partner at Variant Fund, a venture firm that invests in Web3 and the ownership economy. Before founding Variant, Li Jin worked at…

Sam Altman-backed crypto project Worldcoin faces an orb shortage

semafor.com The Scoop One of the most ambitious and mind bending startups of the crypto era has run into an unexpected problem: It’s running low on orbs. The company behind the…

It looks like Microsoft's ex-Bing boss just threw shade at Mustafa Suleyman

aol.com None Parakhin wrote it's "hard to disagree" when an X user said "we need you." • None The comment was in response to a post quoting Suleyman's recent TED Talk that was…

Anchorage Digital, Komainu, and Binance top job moves in crypto

dlnews.com The crypto industry is a hot job market. “We are in a bull market like we’ve never experienced before — there’s going to be so much work for us from a recruiting…

A16z raises $7.2B

blockworks.co Andreessen Horowitz raised $7.2 billion, co-founder Ben Horowitz disclosed in a new blog post on Tuesday. The funds were raised for five of their “venture strategies”…

Crypto Lobbyists Sue SEC Over 'Dealer' Rule That Could Threaten DeFi

decrypt.co In its latest offensive legal move against government regulators, the Blockchain Association, a prominent crypto industry lobbying group, sued the U.S. Securities and…

The DOJ’s A.I. Crackdown: Big Tech Companies With Shared Board Members

observer.com Andrew Forman, deputy assistant attorney general for antitrust, stated at a Washington D.C. conference that the U.S. Department of Justice is closely monitoring AI…

Meet the French startup hoping to take on OpenAI

economist.com SOME RACES are over before they get going. So it can seem in the contest to make large language models (LLMs). These algorithms power ChatGPT-like “generative” artificial…

Kiki World, a beauty brand that uses web3 for customer co-creation and ownership, raises $7M from a16z

techcrunch.com If you think that choosing a nail polish color or which ingredients go into your face cream can’t have anything to do with blockchain, think again. Kiki World, a beauty…

TabaPay, which offers instant payment services, agrees to acquire assets of banking-as-a-service startup Synapse, after Synapse filed for Chapter 11 bankruptcy

techcrunch.com SoftBank-backed TabaPay is buying the assets of a16z-backed Synapse, after it filed for bankruptcy After a tumultuous year, banking-as-a-service (BaaS) startup Synapse has…

OpenAI’s Sam Altman is funding a green-energy moonshot as AI’s power demands grow to ‘insatiable’ levels

aol.com AI investors worry that the energy grid won’t be able to feed AI’s “insatiable demand” for power—so they’re taking matters into their own hands. OpenAI CEO Sam Altman and…

Here’s a lab-grown diamond startup that’s attracted a16z’s attention

techcrunch.com Throughout hip-hop’s long history, jewelry has served as an important vehicle for artists to convey their ideas and affluence, or simply to dazzle onlookers. Diamonds, in…

Why Sam Altman Is Betting on Solar to Help Power AI

inc.com Renewable energy company Exowatt scored $20 million from the OpenAI CEO and VC firms Andreessen Horowitz and Atomic to satisfy AI's rapidly growing energy needs.

OpenAI CEO Sam Altman invests in solar power firm Exowatt to fuel AI datacenters

theregister.com Solar energy company Exowatt has launched with the financial support of OpenAI CEO Sam Altman, alongside two other investors. It's not clear how much Altman is ploughing…

Sam Altman Powers Up America With Clean Energy Startup Investment

zerohedge.com Sam Altman Powers Up America With Clean Energy Startup Investment Sam Altman and venture capital firm Andreessen Horowitz are betting on solar power and energy storage that…

It’s Safer to Launch Meme Coins Than Useful Cryptos

beincrypto.com In the dynamic crypto ecosystem, meme coins seem to dodge the regulatory hurdles that impede more substantive cryptos. While tokens like Dogecoin, born from humor, thrive,…

This Week on Crypto Twitter: Bitcoin Halving Anticipation to Elation

decrypt.co It was a rollercoaster week for Bitcoin and the broader crypto landscape, with most eyes fixed on the quadrennial Bitcoin halving finally executing early Saturday morning,…

Memecoin regulation should be the last thing on our minds right now

cryptopolitan.com Just of recent, we saw crypto prices hitting the roof, and guess what? The speculation frenzy is back, naturally. And it’s no laughing matter, even if memecoins might make…

AI Firm Mistral To Raise $533M At $5.3B Valuation: Report

coingape.com OpenAI rival Mistral has resumed conversations with potential investors about raising $533 million, a funding that will push its valuation to $5.3 billion. Mistral Seek to…

Arlington telecom startup aims to double workforce this quarter after raising $61M

bizjournals.com It secured backing from some big-name investors, including San Francisco's Andreessen Horowitz.

Twitter alternative Post News is shutting down

theverge.com Post News, a Twitter alternative that emerged in the wake of Elon Musk’s takeover, is shutting down. Noam Bardin, the platform’s founder and former CEO of Waze, writes that…

Post News, the a16z-funded Twitter alternative, is shutting down

techcrunch.com Post News, a microblogging site that emerged in the days after Elon Musk’s Twitter acquisition, is shutting down just a year and a half after launching in beta. Founder Noam…

It’s easier than ever to connect with VCs, but it’s not any easier to get them to cut a check

thehustle.co You probably already know this story: • In 2021, venture capitalists invested in startups across the globe. Times were good. • In 2022, that dipped to $462B and times were…

As crypto fundraising sees an uptick, where’s the capital set to go?

blockworks.co As the crypto market rebounds after its longest bear market to date, venture capital into the space is also starting to pick back up. Infrastructure projects are still in…

VICTOR WEMBENYAMA'S NBA TOP SHOT MOMENT BREAKS RECORDS BY SELLING FOR $145,000 IN COMPETITIVE AUCTION

benzinga.com With multiple bids starting at $75,000, the celebrated rookie's first-ever 1-of-1 released on NBA Top Shot demonstrates the generational talent's connection with fans as…

A16z promotes Jennifer Li to help lead the new $1.25B Infrastructure fund

techcrunch.com Powerhouse venture capital firm Andreessen Horowitz is promoting Jennifer Li to general partner after six years at the firm. She’s being tapped to help invest the new $1.25…

Caviar, champagne, and IPOs: At the Jefferies Private Internet Conference, tech dealmaking was back

aol.com None Jefferies hosted a conference to bring together late-stage tech founders, investors and bankers. • None At the conference, there was talk of IPOs and M&A being back. •…

Cape dials up $61M from A16Z + more for mobile service that doesn’t use personal data

techcrunch.com AT&T’s recent mega customer data breach — 74 million accounts impacted — laid bare how much data carriers have on their users, and also that the data is there for the…

Mistral, an OpenAI Rival in Europe, in Talks to Raise Capital at a $5 Billion Valuation

theinformation.com Mistral, a Paris-based startup developing artificial intelligence that is open source, has been speaking to investors about raising several hundred million dollars at a…

Faraway Acquires Yuga Labs’ Legends of the Mara and HV-MTL

nftplazas.com Bored Apes’ masterminds, Yuga Labs, has transferred its gaming IP rights for ‘Legends of the Mara’ (LoTM) and ‘HV-MTL’ to Faraway to enhance the gaming experiences. Backed…

Ex-Coinbase Exec Nana Murugesan Joins zkSync Developer Matter Labs As President

coingape.com Nana Murugesan, former VP of international & business development at Coinbase, has joined Matter Labs, the developer of zkSync, as president. Alex Gluchowski, chief…

Cherub, an angel investing community inspired by dating apps, entices investors and founders to pair up

techcrunch.com Jaclyn Johnson and Angeline Vuong were on a hike deliberating how hard it can be for people to get started in angel investing when they realized they had stumbled upon a…

Sui Blockchain Partners With TikTok Subsidiary BytePlus to Explore Web3 Gaming Opps

cryptonews.com Layer 1 blockchain Sui has partnered with BytePlus, a subsidiary of TikTok’s parent company ByteDance, to explore artificial intelligence (AI) and Web3 gaming projects on…

Report: Mistral AI Targeting $5 Billion Valuation

pymnts.com Mistral AI is reportedly exploring a funding round that would value it at $5 billion. The French startup has been in talks with investors about raising several hundred…

DOJ To Sue Live Nation Over Taylor Swift Fiasco & Tech Startup Market Scores $7B Boost

dcs.megaphone.fm Episode 303: Neal and Toby recap the DOJ’s latest target: Live Nation. It’s suing the ticketing platform over its mishandling of the infamous “Eras Tour” debacle. Then,…

DOJ Sues Live Nation Over Taylor Swift Fiasco & Tech Startup Market Scores $7B Boost

dcs.megaphone.fm Episode 303: Neal and Toby recap the DOJ’s latest target: Live Nation. It’s suing the ticketing platform over its mishandling of the infamous “Eras Tour” debacle. Then,…

Andreessen Horowitz Raises $7.2 Billion as VCs Focus on AI

pymnts.com Andreessen Horowitz has raised $7.2 billion for tech startups including those in the AI sector. The funding, announced by the venture capital (VC) group Tuesday (April 16),…

VC Concerns Rising Over Sustainability of High Valuation in Crypto Industry: Bloomberg

coingape.com Crypto industry saw a number of funding rounds in Q1 amid a noteworthy uptick in prices of Bitcoin and other cryptocurrencies. With U.S. spot Bitcoin ETF recording…

Andreessen Horowitz raises $7.2bn to boost venture funds

siliconrepublic.com The new capital is being split across multiple funds, including the firm’s ‘Growth’ fund that invests in emerging technology such as AI. Andreessen Horowitz (A16z) has…

Andreessen Horowitz raises $7.2 billion, a sign that tech startup market may be bouncing back

cnbc.com Venture capital firm Andreessen Horowitz said Tuesday that it raised $7.2 billion across five different funds, a sign of optimism in the tech startup world, which has seen a…

Venture Capital Giant a16z Raises $7.2 Billion Amid Crypto Sector Revival

beincrypto.com giant Andreessen Horowitz (a16z) announced a massive $7.2 billion fundraising on April 16, 2024. The funds will strategically target several key sectors, including American…

A glow-up for China’s state-owned enterprises

shows.acast.com Andreessen Horowitz hauls in one of the largest funds since the downturn in the tech sector, stocks from China’s state-owned enterprises are faring well compared with the…

Pulls $7.2B In New Funding: Will Crypto Benefit?

coingape.com Top venture capital firm Andreessen Horowitz popularly called a16z has completed a funding round and realized a total of $7.2 billion in the process. a16z To Focus on…

Investors and founders can meet their match with Cherub, the ‘Raya of angel investing’

techcrunch.com Investors and founders can meet their match with Cherub, the ‘Raya of angel investing’ Jaclyn Johnson and Angeline Vuong were on a hike deliberating how hard it can be for…

Consumer tech investing is still hot for Maven Ventures, securing $60M for Fund IV

techcrunch.com When prolific venture capital firms Andreessen Horowitz and Lerer Hippeau announced in early 2024 they were pivoting away from consumer tech, it sparked a social media…

TikTok has repeatedly said that it’s no longer linked to China. A new Fortune investigation tells a more complicated story

aol.com If there’s one thing you need to know about TikTok, it’s this: “What was happening behind the scenes at TikTok was not always what the company was talking about in public…

Scoop: Andreesen Horowitz bags $7.2 billion

axios.com On Friday, Andreessen Horowitz closed $7.2 billion for its newest set of funds, Axios has learned. Why it matters: Even in a muted fundraising environment, legacy firms can…

AI startups were red hot in 2023. Check out 37 pitch decks used by founders to land funds from some of the world's biggest tech investors

aol.com None AI startups raised $60 billion last year and investors have continued to pile in on the tech in 2023. • None The frenzy around AI comes after the launch of OpenAI's…

DeFi-Focused Berachain Raises $100M in Funding Round Led by Brevan Howard Digital

cryptonews.com Decentralized finance (DeFi) -focused Layer 1 blockchain platform ​​Berachain, announced it has secured $100 million in a funding round led by Brevan Howard Digital and…