The Web3 gaming studio alleges that the former executives, who departed the firm in November, used knowledge gained from raising funds for Mythical to acquire capital for their new firm, Fenix Games.
A16z partner Chris Dixon spent the first half of the year boldly amassing a $4.5 billion fund. But when the crypto industry went upside down, he pivoted to quietly support promising ventures. That’s why he is one of CoinDesk’s Most Influential 2022.
Andreessen Horowitz is just the latest entity looking to argue the commodities regulator must serve its lawsuit against individual members of the DAO, not the DAO itself.
Andreessen Horowitz has slowed down its crypto investments, making just nine in the third quarter, compared with 26 in the fourth quarter of last year.
MakerDAO, one of the largest decentralized protocols, is in the middle of a makeover. Rifts have emerged between investors and founders as they offer competing plans for making the protocol more decentralized and try to drive growth.