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Crypto

a16z to drop \'crypto\' from blockchain fund name, rename it \'a16z Frontier\'

Andreessen Horowitz (a16z) will drop the word \"crypto\" from the name of its blockchain investment fund, The Information reported on Oct. 22, citing sources. The report said a16z Crypto told some limited partners it will rename the fund \"a16z Frontier\" and expand its investment scope beyond cryptocurrencies. a16z Crypto has raised nearly $10 billion across five funds and has recently invested in non-blockchain companies.

Crypto

Bitcoin holds $80,000 as stablecoin payments spread

Over the past week, the global crypto market’s key theme was resilience. Bitcoin held $80,000 despite a CPI shock, while XRP defended $1.30 even as public interest faded. Investors are watching U.S. PMI data and the Oct. 27-28 FOMC, as well as Ripple’s Swell event. Stablecoins and tokenisation are spreading into mainstream payment rails. In South Korea, tax deferral bills and a forthcoming digital assets framework are emerging variables.

Industry

Samsung Electronics to launch agent-type Galaxy Buds On

Samsung Electronics is preparing to launch Galaxy Buds On, clip-on wireless earbuds designed to work as an AI agent-linked device. The company says the earbuds do not block the ear and are built for long wear, with a shape-memory alloy band and sensors that automatically assign left and right. Paired with Galaxy AI-supported phones or tablets, users can launch Gemini Live by voice and use Bixby to search recorded memos. Head gestures support call pickup and alarm control, with some functions limited to One UI 9.0 or later.