VC Firm Andreessen Horowitz Unveils Who'll Teach at Its Free Crypto Startup School

Venture capital firm Andreessen Horowitz (a16z) has unveiled who’ll be teaching at its free Crypto Startup School, and instructors include Coinbase’s CEO Brian Armstrong, Calibra’s head of strategy, and some of its own general partners.

According to a blog post, the list of instructors will also include Coinbase’s chief legal officer Brian Brooks, and its ex-chief technology officer Balaji Srinivasan. From Andreessen Horowitz various general partners will be instructing in the course, as well the founder of Compound Robert Leshner, and the founder of Parity Jutta Steiner.

The post, written by program manager at the Crypto Startup School Jesse Walden, details:

They will share lessons they’ve learned, early best practices, new project ideas, and important considerations to help aspiring entrepreneurs and builders get started.

The school’s program is set to start on February 21 of next year, and will end on April 3. The free seven-week course was announced last month, and as reported the course’s lessons will only be for those whose applications get accepted. Later on, however, a16z plans to make videos of these lectures as well as course materials available to the public.

Some of the main topics that are to be addressed at the Crypto Startup School include cryptocurrency business models, fundraising strategies, regulatory landscape, an overview of application development tools, and more.

Featured image via Pexels.

Binance Acquires Crypto Debit Card Issuer for an Undisclosed Sum

Leading cryptocurrency exchange Binance has acquired cryptocurrency debit card issuer Swipe for an undisclosed sum, in a deal that gets the platform one step closer to issuing its Binance Card.

Finance Magnates reports the firms shared revealed the companies will “work together to further mainstream adoption of cryptocurrencies,” by further bringing fiat and digital assets together. The deal will allow for cryptos to be used as a payment method in the traditional financial system.

Binance unveiled its plan to launch a Visa crypto debit card earlier this year, but was having difficulties implementing it. The acquisition of crypto start Swipe should help fix these difficulties and support the exchange in its “mission of making crypto more accessible to the masses.”

Per Binance CEO Changpeng Zhao, off-ramps are a key component to be considered in its mission. He added:

By giving users the ability to convert and spend crypto directly, and have merchants still seamlessly accept fiat, this will make the crypto experience much better for everyone.

Binance and Swipe listed each other’s native tokens as part of the deal. Binance now has trading pairs for Swipe’s SXP token, while the Binance Coin (BNB) was added to the cryptocurrencies, stablecoins, and fiat currencies available as a payment method on Swipe.

Swipe, it’s worth noting, converts cryptoassets into fiat currencies at the point of purchase. Users pay in a cryptoassets of their choice, which is then converted into fiat currency the merchant receives, so the latter does not have to manage cryptoassets, or accept payments in them directly.

Swipe’s cards are issued by Contis Financial Services, a visa Principal Member regulated by the UK’s Financial Conduct Authority. They are available in 31 countries within the European Economic Area, and support transactions in euros, pounds, U.S. dollars, Korean won, and Philippine pesos.

The firm’s CEO Joselito Lizarondo revealed partnering will Binance will “place Swipe in the position to make cryptocurrencies more accessible for millions of users worldwide.” Binance Card users will be able to get up to 4% cashback in bitcoin on their purchases, which will be available in over 50 million locations in the world.

Featured image via Pixabay.