Coinbase has added legendary investor Marc Andreessen of venture capital firm Andreessen Horowitz and Gokul Rajaram, a DoorDash executive, to its board of directors.
Andreessen, whose tech-focused venture firm manages $12 billion, will operate as a board observer and Rajaram, who oversees Caviar, will become a board director, according to a Monday blog post.
The pair replace outgoing board members Chris Dixon and Barry Schuler. Dixon, a board observer, was an early investor in Coinbase, and Schuler, the Series C director, will now become an observer too.
The high-profile board additions bring major boardroom clout to the one of the most popular cryptocurrency exchanges in the U.S. and comes as Coinbase is reportedly considering going public.
Researchers at the privacy-centric blockchain startup say their multi-layer quantum defense will feature a soft fork to freeze and protect dormant BTC.
What to know:
AmericanFortress has unveiled a patent-pending post-quantum signature scheme that aims to protect existing crypto assets, including dormant wallets, from future quantum attacks without mass fund migrations.
The proposed protocol would use a backward-compatible soft fork and zero-knowledge proofs to freeze and secure vulnerable pre-BIP32 bitcoin addresses, such as Satoshi-era wallets,...