Tag: ADA

a16z Invests $70 Million Into EigenLayer to Support EigenCloud Launch

By Marco Piccolo Venture capital powerhouse Andreessen Horowitz (a16z) has deepened its bet on Ethereum restaking protocol EigenLayer, investing an additional $70 million to support the launch of EigenCloud, a new platform aimed at bringing verifiability to a broader range of decentralized and traditional applications. The investment, made through a16z’s Crypto Fund IV, builds on […]

Saylor Joins Pakistan’s National Bitcoin Reserve Project

By Emir Abyazov Michael Saylor, executive chairman of Strategy (MSTR), has agreed to become Pakistan’s crypto strategy adviser after meeting with key ministers in the country.  The head of the company with the largest Bitcoin holdings among publicly traded firms discussed the creation of a national reserve and the development of the crypto industry with […]