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A16z: Only 10% of Crypto Owners Are Actively Using It

A16z: Only 10% of Crypto Owners Are Actively Using ItA recent report by A16zcrypto titled “Estimating the Number of Real Crypto Users” found that only up to 60 million current holders were actively using their cryptocurrency each month. The numbers represent only 10% of the estimated 617 million global holders, a number released by Crypto.com in June. The report assesses that “this differential suggests […]

Introducing USDG: A new era in stablecoins

US pro-crypto super PAC Fairshake gets $25M from Andreessen Horowitz

The major contribution comes a day after the PAC received an equal amount from Ripple.

Fortune continues to smile on United States pro-crypto super political action committee (PAC) Fairshake, with the second big-buck contribution in two days. A16z managing partner announced on May 30 that the Andreessen Horowitz crypto and Web3 venture fund has donated $25 million to Fairshake and its affiliated PACs Defend American Jobs and Protect Progress.

Andreessen Horowitz is thus running practically nose-to-nose with Ripple, which contributed $25 million on May 29 to bring its total giving to $50 million for this year and in 2023. The new contribution brings a16z’s total giving to $47 million in two years, Dixon tweeted. He said:

Related: Crypto users could ‘make a difference in a close election’ in the US — CoinFlip CEO

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Introducing USDG: A new era in stablecoins