A decentralised crypto custody startup supported by Andreessen Horowitz (a16z), Entropy is terminating and plans to return the rest of the capital to investors, as per the founder and CEO Tux Pacific. Pacific publicised through writing on X on January 25 that, “I am winding up Entropy, and after four
The internet brought huge changes to our daily life, mainly in terms of communication and money transactions. Cross-border communication has transformed significantly after the development of social media applications. It didn’t take much time to eliminate international calling and messaging associated with high costs and delays. Today, no one recognizes
a16z crypto, the cryptocurrency investment arm of the VC firm Andreessen Horowitz, has announced the launch of its first international office in London, less than a week after U.S. authorities took their most drastic actions to date against the digital assets market. The firm said that the United Kingdom has
According to the Uniswap DAO forum, Andreessen Horowitz (a16z), a venture capital company, voted against the final proposal to deploy Uniswap v3 on the BNB Chain through the Wormhole Bridge. 0xPlasma Labs, speaking for the Uniswap Community, presented a governance request on February 2. To deploy the current version of
A16z disagrees with the founder’s plan to split MakerDAO. Almost 90% of voters support the establishment of MetaDAOs. The top venture capital firm, Andreessen Horowitz known as a16z disagrees with the founder’s plan to split MakerDAO, one of the most prominent decentralized finance (DeFi) protocols in cryptocurrency, into smaller entities.
Andreessen Horowitz has now raised a total of $7.6 billion for crypto and blockchain. The firm is planning on continuing its crypto investments despite market condition. Rumors that Andreessen Horowitz intends to shatter the benchmark for a record-breaking crypto fundraising earlier this year have been verified by the company. Andreessen
