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Tag: Andreessen

Bloomberg: Hedge Funds Capitalize on Memecoin Frenzy for Quick Profits

In a recent article, Bloomberg News highlighted a growing trend in the hedge fund world: the increasing interest in memecoins. According to the report,...

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Crypto PAC Spent Millions to Get Alabama Candidate on Path Toward Congress

Protect Progress and Fairshake -- which disclose their contributors, unlike another dark-money crypto political organization, Cedar Innovation Foundation -- are backed by a long...

Crypto Owners a Growing Force Heading into 2024 Election: Galaxy Digital – Decrypt

Voters who hold Bitcoin and other cryptocurrencies could have a decisive impact in the upcoming U.S. presidential election, according to the latest market commentary...

A16z Crypto Introduces Jolt zkVM for Blockchain Scaling

Andreessen Horowitz (A16z) Crypto has introduced Jolt, a zero-knowledge solution that integrates SNARKs, enabling faster SNARK-based Layer 2 solutions and enhanced security for developers....

Stability AI reportedly ran out of cash to pay its AWS bills

The massive GPU clusters needed to train Stability AI's popular text-to-image generation model Stable Diffusion are apparently also at least partially responsible for former...

Solareum Solana Telegram Bot Shuts Down After User Funds Drained | Key Points | April 2, 2024 | BitPinas

Welcome to BitPinas Key Points: Easily digestible news in concise formats for easy reading. Let’s check the latest crypto news stories in the last 24 hours...

Saudi Arabia To Establish A $40 Billion AI Investment Fund

Saudi Arabia plans a $40B AI investment, potentially becoming the industry’s largest investor, with talks of a partnership with a16z. According to reports, in recent...

Top Ethereum L2s Ready To Ship Major Upgrades – The Defiant

Starknet, Optimism, and Polygon are all working on major upcoming upgrades.The Layer 2 sector is booming, with many of Ethereum's leading scaling solutions preparing...

Coinbase-Backed $85 Million Crypto Super PAC Sets Its Sights on Senate Races – Decrypt

After spending over $10 million in a successful effort to defeat a Democratic U.S. Senate candidate in California earlier this week, a cash-rich super...

PRESS RELEASE OF THE R.AI.SE SUMMIT APRIL 8TH, 2024, WESTIN PARIS VENDĂ”ME – CryptoCurrencyWire

R.AI.SE Summit 2024: Enterprise Gateway to Generative AI’s Future  February 12th, 2024, Paris, France – The R.AI.SE Summit, a global reunion of 1,500 global leaders...

EigenLayer’s DeFi TVL hits $10 billion, secures major deal

EigenLayer has seen its total value locked (TVL) surge to US$10 billion, a substantial increase from its US$1.1 billion valuation at the beginning of...

Ideogram Is A New AI Image Generator That Obliterates the Competition, Outperforming MidJourney and Dall-E 3 – Decrypt

Ideogram AI—a startup founded by former Google engineers alongside members from prestigious institutions like UC Berkeley, Carnegie Mellon University, and the University of Toronto—has...

EU probes Microsoft’s €15M stake in AI startup Mistral

The European Commission is investigating Microsoft's €15 million ($16.3 million) investment in French startup Mistral, which came just after the latter released a large...

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