The AI Agent Token Bubble: Why 75% of Traders Are Losing Money
A study by Phut Crypto found that 88% of AI agent tokens have failed, with an average lifespan of only 17 days. 75% of AI Agent Token Traders in Red…
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Pip Labs Raises $80 Million at a $2.25 Billion Valuation to Protect IP via Blockchain
Pip Labs has raised $80 million in a Series B funding round led by VC firm A16z, reaching a valuation of $2.25 billion. The round aims to extend the development…
Crypto-Friendly VC Andreessen Horowitz Backs Trump Campaign
Marc Andreessen, co-founder of prominent venture capital firm Andreessen Horowitz, has announced his support for former President Donald Trump in the 2024 presidential race, citing Trump’s policies as more favorable…
Memecoins are ‘undermining’ the long-term vision of crypto, a16z CTO says
Memecoins are popular among crypto's degen crowd, but among builders, they appear as something that undermines the industry's fundamentals. The post Memecoins are ‘undermining’ the long-term vision of crypto, a16z…
a16z raises $7.2B for venture strategies, pushes for AI and Web3 gaming
a16z just raised $7.2 billion for five of its venture strategies, with $600 million allocated for AI and gaming. The post a16z raises $7.2B for venture strategies, pushes for AI…
Bitcoin new high set for late 2024, Binance to lose top spot, predicts VanEck
Next year will see Binance lose its leadership position, a U.S. recession, new stablecoin market cap highs and a new peak price for Bitcoin, according to asset manager VanEck.
Former Andreessen Horowitz execs launch Bastion after $25M funding round
The Web3 startup came out of stealth mode after a seed funding round led by a16z crypto, enabling firms to integrate web3 infrastructure into their existing enterprise technologies.
VC Firm Andreessen Horowitz Releases New Optimism Rollup Client
Venture Capital firm a16z is aiming to diversify Optimisms rollup clients with a client of its own. Magi and op-node Andreessen Horowitz is launching new infrastructure on Optimism. The venture...
ConsenSys adds 7.03M votes to Uniswap BNB Chain migration proposal amid VC battle
Web3 developer ConsenSys has cast 7.03 million UNI votes in favor of Uniswap v3 deploying on BNB Chain.
Decentralized Web3 Protocol Golden Raises $40 Million Backed by A16z
Golden, a startup that seeks to build a decentralized data hub, has raised $40 million dollars in a Series B funding round. The round, which was led by a16z crypto,…
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