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A16z raises $15B, says crypto a 'key' to America winning next 100 years

A16z has successfully raised $15 billion for its latest fund, emphasizing the importance of cryptocurrency in shaping America's future over the next century. The firm believes that innovation in the crypto space will play a crucial role in maintaining the country's global leadership. A16z's investment strategy includes backing projects that leverage blockchain technology and decentralized finance. The firm aims to support the development of a robust ecosystem that can drive economic growth and technological advancement. This significant capital raise reflects A16z's commitment to the long-term potential of the crypto industry.

Read the full article: Coin Telegraph

Bitcoin Seized From Samourai Wallet Has Not Been Sold, White House Says

The White House confirmed that Bitcoin seized from the Samourai Wallet has not been sold. This statement comes amid speculation regarding the fate of the cryptocurrency, which was part of a larger seizure linked to criminal activities. The administration emphasized that the Bitcoin remains in custody and has not been

State Street, a $36 billion bank, is aiming to change legacy finance using blockchain tech

State Street, a major financial institution with $36 billion in assets, is exploring the integration of blockchain technology to modernize legacy finance systems. The bank aims to enhance transparency, efficiency, and security in financial transactions through the use of distributed ledger technology. State Street's initiatives include developing digital

Robinhood Offers Prediction Market 'Custom Combos'—But Don't Call Them Parlays

Robinhood has introduced a new feature called "Custom Combos" in its prediction market, allowing users to create personalized bets on various outcomes. Unlike traditional parlays, these Custom Combos enable users to combine multiple predictions into a single wager. The feature aims to enhance user engagement by offering more

Crypto developer protections don't belong in market structure bill, senators say

Senators have expressed that protections for crypto developers should not be included in the upcoming market structure bill. They argue that the focus of the legislation should be on broader market regulations rather than specific provisions for the cryptocurrency sector. This stance reflects concerns about the potential implications of such

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Bitcoin Seized From Samourai Wallet Has Not Been Sold, White House Says

State Street, a $36 billion bank, is aiming to change legacy finance using blockchain tech

Robinhood Offers Prediction Market 'Custom Combos'—But Don't Call Them Parlays

Crypto developer protections don't belong in market structure bill, senators say