How David Sacks' AI and crypto policies in Trump's White House benefit his investments, those of his Silicon Valley friends, and the All-In podcast he co-hosts
Calls Conflict Claims “Nothing Burger” Mike Pearl / Gizmodo : 438 Reasons to Doubt that David Sacks Should Work for the Federal Government Mark Toon / Protos : David Sacks sends si...
The reaction to NYT's David Sacks story aside, Sacks is pushing policies to help the US win the AI race, which also benefit him, his allies, and even his foes
Top of the Morning — I come here neither to praise nor pillory David Sacks, the venture capitalist who spends half …
Ethereum is grappling with uncertainties as its reliance on Layer-2 blockchains grows, leading to lower fee collection, while rivals like Solana gain ground
- The blockchain has seen fees slide after technical upgrades — Criticisms have weighed on Ether, which has underperformed
a16z plans to open a crypto-focused office in London and leads a $43M round in London-based Gensyn, which offers a decentralized compute network for training AI
Over the last year it has become clear that blockchains … Reuters : London crypto move is a sign of desperate times FinSMEs : Gensyn Raises £33.8M in Series A Funding Eli Dambel / ...
a16z plans to open a crypto-focused office in London and leads a $43M round in UK-based Gensyn, which offers a decentralized compute network for training AI
America's largest investor in crypto startups believes that the industry's future may be across the pond, and is opening …
[Thread] FTX CEO Sam Bankman-Fried apologizes, says he “fucked up” and his priority is “doing right by users”, plans to raise funds and close Alameda, and more
1) I'm sorry. That's the biggest thing. I fucked up, and should have done better.
Sources: Klarna is nearing a deal to raise ~$650M mostly from existing investors led by Sequoia Capital at a ~$6.5B valuation, down from $45.6B in June 2021
The deal would be a huge comedown for the company, which investors valued at $45.6 billion in 2021
CoinMarketCap: UST stablecoin loses its USD peg, falling as low as $0.60, after the Luna Foundation Guard pledges $1.5B of its bitcoin reserves to support UST
Despite Loan From Bitcoin Reserves The Block : Crypto researcher unpacks why UST broke down and what happens next Brian Newar / Cointelegraph : Terra peg mechanism in doubt as UST ...
A look at Do Kwon's algorithmic UST stablecoin, designed to trade at $1, after it fell as low as $0.60; CoinMarketCap says there are 18.5B UST in circulation
Algorithmic stablecoins, like their more “traditional” counterparts, are supposed to provide calm in the chaos of crypto.
Sequoia Capital to raise $500M to $600M for a fund focused on liquid crypto investments, along with a $900M-$950M Ecosystem Fund and $3.2B-$3.5B Expansion Fund
tokens that are already listed on crypto exchanges and those that are yet to be listed” he's the hero Gotham deserves, but not the one it needs right now https://twitter.com/... @w...
Intel forms a Custom Compute Group to build blockchain hardware and plans to ship cryptocurrency mining chips in 2022; Block, Argo, and Griid are customers
Paul Alcorn / Tom's Hardware :
Intel forms a Custom Compute Group to build blockchain hardware and plans to ship cryptocurrency mining chips in 2022; Block, Argo, and Griid are customers
Paul Alcorn / Tom's Hardware :
As crypto tokens fall, FTX and Crypto.com will run Super Bowl ads, seeking new customers; research shows $112.9M+ has been spent on crypto TV ads since 2020
It's a testing time for crypto exchanges to be making their Super Bowl ad debuts. — Recruiting new users can be simple when prices are skyrocketing.
Investigation reveals the identities of two main founders of the Bored Ape Yacht Club NFT collection: Greg Solano, aka “Gargamel”, and Wylie Aronow
The buzzy NFT collection has raked in millions and the eager support of dozens of celebrities.
Marc Andreessen blocked Jack Dorsey on Twitter following his tweets critical of a16z and Web3; Dorsey then tweeted “I'm officially banned from web3”
The venture capitalist blocked the former Twitter CEO, and Dorsey said he's now ‘banned from Web3’
Despite huge leaps in 2021, the crypto industry remained plagued by long-term problems: trading glitches, infrastructure snafus, hacks, and other weirdness
Bloomberg : Tweets: @inkbacker and @joemccann Tweets: Nick Baker / @inkbacker : Our crypto snafus year in review. $15 quintillion ≈ 660,000 times U.S. GDP https://www.bloomberg.co...
Marc Andreessen blocked Jack Dorsey on Twitter following his tweets that were critical of a16z and Web3; Dorsey then tweeted “I'm officially banned from web3”
The venture capitalist blocked the former Twitter CEO, and Dorsey said he's now ‘banned from Web3’
Jack Dorsey's tweet sparks uproar: “You don't own ‘web3.’ The VCs and their LPs do. It will never escape their incentives. It's ultimately a centralized entity”
Welcome to the mesha tribe. A biweekly newsletter by Mesha … Suprita Anupam / Inc42 Media : Is Web 3.0 Centralised? Elon Musk, Jack Dorsey Spark A New Debate The Signal : Four day...
Jack Dorsey's tweet sparks uproar: “You don't own ‘web3.’ The VCs and their LPs do. It will never escape their incentives. It's ultimately a centralized entity”
Fresh off relinquishing the chief executive reins of Twitter Inc., Bitcoin enthusiast Jack Dorsey … Source: @jack .
Jack Dorsey's tweet sparks uproar: “You don't own ‘web3.’ The VCs and their LPs do. It will never escape their incentives. It's ultimately a centralized entity”
Fresh off relinquishing the chief executive reins of Twitter Inc., Bitcoin enthusiast Jack Dorsey … Source: @jack .