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.
Read MoreAs 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.
Read MoreArk 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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