Andreessen Horowitz--

Aug 21, 2024 | binance.com | Andreessen Horowitz-- |Andreessen Horowitz

Canaccord Raises Cipher Mining Target Price Amid Strong Bitcoin Mining PerformanceAccording to Odaily, Canaccord has increased the target price for Cipher Mining from $6 to $7 while maintaining a buy rating for the stock. The firm highlighted Cipher Mining's outstanding performance in the Bitcoin mining sector. Additionally, Cipher Mining recently acquired the Reveille data center site, which offers genuine artificial intelligence optionality. Disclaimer: Includes thrid-party opinions.

Aug 21, 2024 | binance.com | Andreessen Horowitz-- |Andreessen Horowitz

Mt. Gox Confirms Use Of 13,264 BTC For CompensationAccording to Odaily, Mt. Gox has issued a statement confirming that 13,264 BTC will indeed be used for compensation purposes. However, the statement did not specify the exact amount of compensation each creditor will receive. It remains uncertain whether creditors will choose to hold or sell the tokens once they receive them. The total scale of $784 million warrants caution regarding potential risks. Disclaimer: Includes thrid-party opinions.

Aug 21, 2024 | binance.com | Andreessen Horowitz |Andreessen Horowitz--

According to CoinDesk, actor Joseph Gordon-Levitt argued in a July 2023 op-ed that artificial intelligence should compensate creators if it uses their work. This idea aligns with the intellectual property-focused blockchain Story Protocol, which is gaining significant investment traction. On Wednesday, PIP Labs, the initial core contributor behind Story Protocol, announced an $80 million Series B funding round led by venture capital firm Andreessen Horowitz (a16z).

Aug 21, 2024 | binance.com | Andreessen Horowitz |Andreessen Horowitz--

According to Odaily, PlanB recently posted on the X platform, highlighting that Bitcoin has increased fourfold from its 2022 low. Historically, Bitcoin tends to rise 7 to 10 times from its current price.