Category: a16z

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Top engineers working on Facebook’s wallet jump ship to A16z’s crypto fund

The engineers will provide technical advice to Andreessen Horowitz’s portfolio companies. Andreessen Horowitz (A16z), a leading venture capital firm operating in the crypto sector, has nabbed two of the leading engineers working on Facebook’s digital currency project for its digital asset fund. According to an Oct. 11 report from CNBC, Nassim Eddequiouaq and Riyaz Faizullabhoy…
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Bitcoin ETF Approval Expected by Month’s End, Prominent Hedge Fund Puts More Weight Behind BTC

The price of bitcoin soared past the $55K handle on Wednesday for the first time in four months giving proponents hope the crypto bull run has been re-ignited. Speculators are predicting a bitcoin exchange-traded fund (ETF) will be approved soon and some believe bitcoin will outperform other crypto assets this month. ETF Analyst Eric Balchunas…
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