IoT Chain Test Net to be Released

The IoT Chain team announced the date of the IoT Chain test network release
07 February 2018   416

On February 7 of 2018 the IoT Chain test network is officially released, along with ITC DAG main chain code which is currently open source.

IoT Chain is designed to solve the severe safety problems of present IoT. ITC, the token of IoT Chain is designed to not only protect the users’ devices from being attacked by hackers, ensuring its control, but also defend users and their devices’ data safety sovereignty and privacy security.

At the moment of press, these are main market parameters of IoT Chain:

Average price: $2,71
Marketcap: $103 752 211
24h volume: $10 772 300

Andreessen Horowitz to Launch Crypto Investment Fund

Two new job openings by Andreessen Horowitz confirms the information about possible launch separate crypto investment fund
24 April 2018   32

One of the most influential venture capital companies of Silicon Valley intends to open its own fund, entirely dedicated to work with cryptocurrencies. This is repoted by Recode.

Rumors about the possible creation of a new division of Andreessen Horowitz have been on the web for quite some time, which is not surprising, as the company, also known as A16z, previously invested in Coinbase, and CryptoKitties, and its founder Mark Andrissen is a big supporter of cryptocurrency .

Two new job openings by Andreessen Horowitz confirms the information that had spread earlier.

Currently, the venture company is looking for a "Manager for financial and operational activities, Cryptoactive" and "Legal Support Specialist, Cryptoactive". Both vacancies indicate that the company hires employees for an "individually managed fund that focuses on crypto assets."

The Legal Counsel will monitor "compliance with all necessary SEC requirements" and "manage the compliance of the firm / fund activities with all SEC requirements / other requirements", and the operational manager will among other things evaluate the crypto-currency assets.