CryptoNews

VC Giant Andreessen Horowitz Drops ‘Crypto’ Branding From $9.8B Investment Arm

Venture capital powerhouse Andreessen Horowitz is dropping the word “crypto” from the name of its dedicated cryptocurrency investment arm, rebranding the business as a16z Frontier as it expands its focus to artificial intelligence and other emerging technologies. Key Takeaways Andreessen Horowitz is renaming its crypto investment arm “a16z Frontier,” expanding its focus to AI, robotics…
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CryptoNews

Ripple-Backed Evernorth Eyes $132M Funding Amid XRP Buying Plans

Evernorth plans to raise capital to buy more XRP, while existing warrants could provide up to $132.2 million in additional funding. Its latest prospectus details the cash investments and token contributions that helped establish its treasury. Key Takeaways Full cash exercise of public warrants could generate about $132.2 million. Completed advance and delayed placements brought $224.55 million in…
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CryptoNews

Crypto Thieves Hijack Ngrave Alerts and Walk Away With $2.56M

A fake security warning flashed across crypto wallets, sending users scrambling to protect their funds. Instead, the alert delivered them straight to thieves who drained roughly $2.56 million, exploiting a trusted notification system without ever cracking the hardware itself. Key Takeaways Ngrave traced approximately $2.56 million stolen from 70 wallet addresses across four blockchain…
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CryptoNews

UK Men Get Prison Time for Violent Home Invasion Targeting Crypto Holder

Bristol Crown Court sentenced three men to prison for a botched cryptocurrency robbery attempt that left the victim with severe injuries. Key Takeaways Bristol Crown Court sentenced three men up to six years in prison for a May 15 crypto-related home invasion. The case reflects a rise in U.K. robberies targeting investors who store millions in digital assets. Law enforcement including PC Gemma…
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