This story comes from GG. Your Web3 Gaming Power-Up Discover GG Infrastructure startup Thirdweb has appointed former Facebook executive Atif Khan as its new Vice President of Gaming in a bid to accelerate the growth of the Web3 gaming industry—and the firm recently built a game from scratch to demonstrate its capabilities. The San Francisco-based startup offers a Web3 infrastructure…
Venture capital firm Andreessen Horowitz (a16z) is set to open its first office outside of the United States this year, adding to the backdrop of U.S.-based firms seeking greener pastures outside of the country. Chris Dixon, a16z’s crypto founder and managing partner cited a “predictable business environment” as one of the main factors behind its decision to expand, and comes…
If BTC price consolidates in the $25,000 range, ETH, XRP, LDO and RNDR could be the first altcoins to break out with recovery rallies. Source: https://cointelegraph.com/app/public/index.php/news/a-sideways-bitcoin-price-could-lead-to-breakouts-in-eth-xrp-ldo-and-rndr
The SEC has labeled the SOL token as a security in two separate lawsuits filed on June 5 and June 6 against crypto exchanges Binance and Coinbase. Source: https://cointelegraph.com/public/index.php/news/sol-is-not-a-security-says-the-solana-foundation
Billionaire investor Mark Cuban has become one of the latest industry figures to call out the United States securities regulator for purportedly failing to provide cryptocurrency firms with a clear registration process. The Shark Tank investor claimed in a June 11 Twitter post that no registration exists in the SEC’s “Framework for “Investment Contract” Analysis of Digital Assets” document, making…
The United States securities regulator designated a slate of cryptocurrencies as securities in recent lawsuits including Algorand (ALGO) and Flow (FLOW) which hit all-time price lows following the declaration. On June 10, ALGO and FLOW hit their respective historic lows of $0.098 and $0.46, having dropped around 30% in the past seven days according to CoinGecko data. Both have slightly…
Renown crypto billionaire Cameron Winklevoss says the youth vote rescued the U.S. Democratic party from defeat in 2020—and that alienating them now will mean “lost votes” in the next election cycle. “Senator Warren and Gary Gensler’s war on crypto is going to alienate an entire generation of would-be Democrats,” he tweeted. His twin brother Tyler, with whom he co-founded crypto…
Less than a week after U.S. regulators made the most aggressive moves yet taken against the digital assets industry, the crypto investment arm of venture capital firm Andreessen Horowitz, a16z crypto, announced it is opening its first overseas office in London. This is a developing story and will be updated as information warrants. Stay on top of crypto…
Even though the focus of the tech industry has shifted to artificial intelligence, companies working in machine learning are still working to maximize the benefits of decentralized technology. UK-based Gensyn AI, which announced $43 million in Series A funding led by a16z crypto on Sunday, aims to empower developers to create AI tools on a pay-as-you-go model. Gensyn was founded…
The organizations behind several popular cryptocurrencies have spoken out against recent claims made by the Securities and Exchange Commission (SEC)—which argued that Solana (SOL), Polygon (MATIC), and Cardano (ADA) are securities. The SEC named the three among a slew of other tokens as examples of securities being offered and traded on allegedly non-compliant crypto exchanges as part of its lawsuits…
