Tag: AI

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 […]

This Week in Crypto: IMF Targets Bitcoin Moves in El Salvador and Pakistan, Bitmain Unveils Most Efficient Miner

By Emir Abyazov Blockchain initiatives in El Salvador and Pakistan attracted the attention of the IMF. In China, the first battle among robots was held, among other events from the past week. Bitcoin remained in a consolidation zone. After reaching a high of $112,000 last week, the first cryptocurrency attempted another breakout. However, after testing […]