Andreessen Horowitz announces $300M cryptocurrency fund led by Mt. Gox and Silk Road Prosecutor

It seems that the American venture capital (VC) firm Andreessen Horowitz —known for its successful Silicon Valley investments — is ready to foray deeper into the cryptocurrency space. The firm announced a $300 million cryptocurrency fund in a blog post on Monday. The fund named “a16zcrypto” will be co-led by general partners Chris Dixon and Katie Haun. Andreessen Horowitz is interested in holding long-term investments in cryptocurrencies, Dixon suggests. The firm hasn’t sold any of its cryptocurrency holdings so far, and doesn’t plan to — in the near future — either. The VC firm believes that the value of cryptocurrencies is driven…

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TNW Podcast: Boris comes over to co-host; Slack’s Cal Henderson talks European tech

Welcome to the new episode of the TNW Podcast — the show where we discuss the latest developments in the European technology ecosystem and feature interviews with some of the most interesting people in the industry. In today’s episode, Andrii is joined by Boris Veldhuijzen van Zanten, co-founder, member of the board, and former CEO of TNW. The topics discussed include the jobs created by Dutch startups, giant state funding for energy projects, translations of the word ‘computer’, and a bunch of other things in between. In the interview section, we’re featuring a conversation with Cal Henderson, co-founder and… This story continues at The Next Web from The Next Web https://ift.tt/jUgcNFD

Google’s ‘time crystals’ could be the greatest scientific achievement of our lifetimes

Eureka! A research team featuring dozens of scientists working in partnership with Google‘s quantum computing labs may have created the world’s first time crystal inside a quantum computer. This is the kind of news that makes me want to jump up and do a happy dance. These scientists may have produced an entirely new phase of matter. I’m going to do my best to explain what that means and why I personally believe this is the most important scientific breakthrough in our lifetimes. However, for the sake of clarity, there’s two points I need to make first: Time crystals are a… This story continues at The Next Web Or just read more coverage about: Google from The Next Web https://ift.tt/3fdRQlg

Everybody hates cybersecurity professionals

What’s the worst job you’ve ever had? I’ll start. When I was 20, I spent six long months working as a Sharepoint developer for a massive UK-wide charity. Our team was small and horrendously overstretched, and I often helped out with helpdesk calls, where I’d inevitably spend much of my time explaining our stringent password requirements to disgruntled non-technical staff. That wasn’t fun, but at least I could say I was merely following orders. I didn’t come up with the rules. Unfortunately, top-level information security professionals don’t get the luxury of passing the buck as I did. Good cop, bad… This story continues at The Next Web from The Next Web http://bit.ly/2DzguKw

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