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Policy

Former House Financial Services Committee Chairman Patrick McHenry Joins a16z as Senior Advisor

Patrick McHenry, a former North Carolina lawmaker, has announced that he will be taking on a senior advisor role at Silicon Valley-based venture capital firm Andreessen Horowitz (a16z). McHenry shared the news in a post on social media X on Wednesday morning.

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Policy

Circle and Tether: US Regulation Clashes in Stablecoin Wars

As the stablecoin wars heat up, the CEOs of Circle and Tether have expressed opposing views on stablecoin regulation in the US. With regulatory frameworks becoming increasingly important, leaders in the crypto space are trying to protect their positions in the competitive market.

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Policy

Ark Invest Buys $8.7 Million in Coinbase Stock, Sells Nearly Equal in Bitcoin ETF as Market Falls

Ark Invest, led by Cathie Wood, has made a move to buy 41,032 shares of Coinbase worth $8.7 million, while selling nearly $8.6 million of its own Bitcoin ETF as the cryptocurrency market has seen a sharp decline.

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