Tag: investment

A16z Bets Big: $70M on EigenLayer's EigenCloud Revolution

A16z Bets Big: $70M on EigenLayer's EigenCloud Revolution

• Facts

Andreessen Horowitz (a16z) is at it again, causing a stir — this time with their big $70 million roll of the dice on Eigen Labs’ EigenCloud. This move further illustrates the venture capital giant’s very pointed and specific belief in blockchain technology. They perceive its transformative power, particularly as it...

EigenCloud: A16z's $70M Bet on Trust, Or Just Another Crypto Dream?

EigenCloud: A16z's $70M Bet on Trust, Or Just Another Crypto Dream?

• Commentary

A16z’s recent $70 million throw at EigenLayer, in particular for EigenCloud. They’re betting everything on verifiable computation. This idea lets you verify off-chain happenings right on-chain. EigenDA, EigenVerify, EigenCompute – it all seems so cutting edge. I’m getting a strong smell of déjà vu. Is this going to be the...

A16z Invests $70M in EigenLayer Tokens as Eigen Labs Unveils EigenCloud

A16z Invests $70M in EigenLayer Tokens as Eigen Labs Unveils EigenCloud

• NFT Drops

EigenLayer is about to release a new version with big improvements to EigenDA and a preview of EigenVerify. This announcement is timed just as Andreessen Horowitz’s digital asset investment arm increases its investment in EigenLayer. With their recent $70 million token purchase they’ve made a big play in this arena....

Armstrong's UK Crypto Push: Genius Strategy or Risky Gamble?

Armstrong's UK Crypto Push: Genius Strategy or Risky Gamble?

• Commentary

A highly publicized courtship of UK regulators by Coinbase’s Brian Armstrong has got the crypto world buzzing. Is he just playing chess while the whole world plays checkers, or is he just marching into a regulatory minefield? As someone who's covered the blockchain space for years, I see both brilliance...

Tron to Establish Digital Asset Treasury with $210 Million TRX Acquisition

Tron to Establish Digital Asset Treasury with $210 Million TRX Acquisition

• NFT Drops

Tron plans to do so by creating a new global property treasury via a new corporation, Tron, Inc. The new organization will initially be devoted to the purchasing and staking of TRX, the native cryptocurrency of the Tron blockchain. The company stated on Monday that it would start off with...

CFTC's Pham Warns Crypto: No 'Easy Street' Under Trump? The Real Story

CFTC's Pham Warns Crypto: No 'Easy Street' Under Trump? The Real Story

• Commentary

Caroline Pham’s comments during a recent event are welcome, cold, adult-sized dashes of water on the faces of increasingly bullish crypto enthusiasts. That notion that a Trump administration just automatically unlocks “easy street” for the crypto industry? It's a dangerous fantasy. And Pham, bless her, is calling it out.Pro-Innovation Isn't...

Is Crypto's 'Easy Street' Dream Dead? A Southeast Asia Perspective

Is Crypto's 'Easy Street' Dream Dead? A Southeast Asia Perspective

• Commentary

The siren song of crypto: easy money, financial freedom, escape from the 9-to-5 grind. It's a powerful narrative, especially alluring to those of us grinding it out in Southeast Asia's burgeoning economies. Is that actually a reality, or is it just a mirage shimmering in the tropical sun? Are we...

Bybit's Byreal: A $1.4B Mistake Forgiven? Or Repeat in DeFi?

Bybit's Byreal: A $1.4B Mistake Forgiven? Or Repeat in DeFi?

• Commentary

Bybit's launching a DEX called Byreal. Okay, fine. Built on the Solana blockchain and designed to bring you a flavor of "true hybrid finance" – CEX liquidity with DeFi transparency. Testnet this June, mainnet next year. Yawn.Or how about that little security breach where Bybit supposedly lost $1.4 BILLION? Oh...

Beyond the Hype: Yupp's $33M Seed & Web3's REAL Regulatory Reckoning

Beyond the Hype: Yupp's $33M Seed & Web3's REAL Regulatory Reckoning

• Commentary

What’s clear is that Yupp’s recent $33 million seed round – led by none other than a16z crypto – is much more than another funding announcement. It’s a really big red flag, a flashing neon sign pointing towards the collision course Web3 is hurtling towards with… well, reality. We’re referring...

Crypto Newbies: Is BlockDAG Your Best Bet in 2025?

Crypto Newbies: Is BlockDAG Your Best Bet in 2025?

• Facts

For anyone new to the crypto space, those choices can be daunting. Buzzwords such as “blockchain,” “DeFi,” and “NFTs” can add to the confusion. Knowing where to dive in can be like walking through a minefield. In this CoinGecko article, we will take a closer look at these four cryptocurrencies:...

Japan's Bitcoin Revolution: A Boon for Artists and Web3 Creators?

Is Japan on the verge of accidentally unleashing a tsunami of creative destruction and financial liberation onto the rest of the emerging markets? I know this seems like a tall order, but hear me out. Japan’s regulatory change to officially recognize Bitcoin as a financial product. This step is a...

5 Ways This Crypto Bill Empowers Southeast Asian Artists, Not Wall Street

Let’s be honest, when you hear about crypto regulation, your first thought probably isn't Southeast Asian artists finding new avenues for creative expression. Surely visions of Wall Street honchos and inscrutable derivatives dance in your head. Well, what if I told you that the Senate’s Banking Committee just released their...

Trump Jr. at KBW2025: Web3's Mainstream Moment?

Donald Trump Jr.’s scheduled keynote address at KBW2025 is raising eyebrows and inspiring intense discussion across the Web3 ecosystem. He’s just a high-profile guy shaking things up in the crypto world. His presence further exemplifies the increasing importance of blockchain technology and its potential to revolutionize the traditional economy. Does...

Trump Jr. at KBW2025: Web3's Punk Rock Moment or Sellout?

Or I think about Nandar, a wonderful Burmese artist that I met in Yangon, sharing with me her latest NFT collection. Each work exploded with vivid imagery, bravely fighting back against the junta’s repressive hold. She began selling them directly to supporters around the world, allowing her to cleverly sidestep...

KBW2025: Is Trump Jr. Web3's Trojan Horse or its Savior?

Donald Trump Jr. at Korea Blockchain Week? It's a head-scratcher, isn't it? About as easy as locating a MAGA hat at a Burning Man soirée. Before we put this down as just another short-lived publicity stunt, let’s take a closer look at what this could IoTally Web3 means. Cynical ploy...

Schiff's Crypto Ban: Is He Protecting Us or Silencing Innovation?

Senator Adam Schiff's proposed crypto ban, the COIN Act, aimed at preventing the President (read: Donald Trump) from dabbling in digital assets, raises a critical question: Is this genuine protection against corruption, or a veiled attempt to stifle innovation, especially for emerging markets? Let's be real, the optics are terrible....

Civitas Goes Immutable: Faster, Cheaper, and Gas-Free Trading!

Civitas is making a massive leap into the future of blockchain gaming, so join us! As an official partner of Immutable’s, our competitive game officially migrated from Ethereum to the Immutable zkEVM. This change will transform the Civitas experience for players all over the world. This new transition brings with...