Balaji Srinivasan

Balaji Srinivasan is a notable American entrepreneur and investor, known for his roles as the former Chief Technology Officer (CTO) of Coinbase, the co-founder of Counsyl, and a former general partner at Andreessen Horowitz. He is currently engaged in angel investing, according to his LinkedIn profile

Srinivasan was born on May 24, 1980, and grew up in Plainview, New York. He obtained a BS, MS, and PhD in Electrical Engineering and an MS in Chemical Engineering from Stanford University. In addition to his entrepreneurial endeavors, he has taught several classes at Stanford, including a massive open online course (MOOC) in 2013 that had over 250,000 students from around the world.

In 2007, Srinivasan co-founded Counsyl, a genetic testing business that offered prospective parents tests to check for Mendelian disorders. In 2018, Myriad Genetics purchased Counsyl for $375 million. As a general partner, Srinivasan joined Andreessen Horowitz in 2013. He co-founded 21e6, which later evolved into 21 Inc, a Bitcoin mining firm that failed despite receiving over $120 million in funding from investors, the same year. The business changed its name to Earn.com, a platform that lets email senders pay recipients in virtual currency for their responses. Once Coinbase purchased Earn.com in 2018, Srinivasan was appointed as the organization's first CTO. He left Coinbase in 2019, and in December of the same year, Coinbase shut down Coinbase Earn.

In July 2022, Srinivasan published a book titled The Network State: How To Start a New Country, which introduces the concept of a Network State. The book proposes the establishment of decentralized digital communities that crowdfund resources to create new autonomous cities and states.

Srinivasan's entrepreneurial accomplishments have earned him accolades such as MIT Technology Review's "Innovators Under 35" list in 2013 and Fortune's "The Ledger 40 Under 40" list in 2018.

News

First Citizens BancShares Buys Failed Silicon Valley Bank

First Citizens BancShares, the 30th largest commercial bank in the United States based in North Carolina, has agreed to acquire the assets of Silicon Valley Bank (SVB), a California lender whose sudden collapse earlier this month sent shock waves across the financial sector

Arbitrum's Highly-Anticipated Airdrop: The Wild Ride of ARB Token

Arbitrum's highly anticipated token airdrop has finally gone live, but not without causing a stir in the cryptocurrency market. The landing page for the project briefly crashed as the project opened the gates to its ARB token, along with Arbiscan, causing frustration for users. In the first 30 minutes following the opening of the claiming window, the blockchain explorer saw a record number of over 84,000 visitors

HowTo

How to Mine Polkadot?

Polkadot is a blockchain platform that was created by Gavin Wood, one of the co-founders of Ethereum, and launched in May 2020. The project uses a multi-chain architecture, where multiple parallel blockchains (known as "parachains") can operate simultaneously and communicate with each other

What is Cold Storage?

In the world of cryptocurrency, security is of utmost importance. With the popularity of cryptocurrencies, hacks, and security breaches come along. Cold storage of digital assets has emerged as an increasingly popular option for those seeking increased protection. This article will examine the advantages and disadvantages of cold storage and show you how to select the optimal solution for your needs