June 25th-27th, 2020
Most coins have dropped ∼50%. Is crypto dead?
Venture Capital firm a16z doesn’t think so. Andreessen Howoritz is a massive firm that has backed some of the most reputable companies out there. In the crypto space, they’ve backed Uniswap, OpenSea and dydx. Now they’ve created a new $2.2 billion fund to invest in more crypto-related projects. Click below to read the full post.
“The history of crypto shows that asset prices may fluctuate but innovation continues to increase through each cycle. We’ve never been more excited about where crypto is headed and we’re going all in on the talented, visionary founders who are determined to be part of crypto’s next chapter.”
Jay-Z buys a Punk
Jay-Z paid a total of 55 ETH for a look-alike Punk.
Elon Musk agrees to re-visit Bitcoin with Twitter CEO Jack Dorsey
Despite canceling Tesla orders in Bitcoin, Elon will join Jack Dorsey for a conversation on Bitcoin. You can register for the event below.
Tanzanian government looking into Bitcoin adoption
While nothing is confirmed, geopolitical game theory continues to play out on the heels of El Salvador’s proposed Bitcoin law. The Tanzanian President’s interest is the latest update - how many more will follow?
Chainlink gearing up for global adoption outside of DeFi
Last week, Sergey Nazarov, founder of Chainlink, gave a presentation alongside SWIFT.
SWIFT (The Society for Worldwide Interbank Financial Telecommunication) is our current cross-border payment system connecting banks all over the world. A partnership with Chainlink would shift our global financial system to a cryptographically secure, borderless, smart-contract based system. Additionally it would allow banks to integrate with almost any blockchain, as Chainlink is blockchain-agnostic.