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Venture capital firm Andreessen Horowitz—a16z—released an optimistic note to the crypto industry on Nov. 11, addressing the industry’s future and highlighting new opportunities for regulatory clarity, innovation, and growth in the U.S. The letter’s message to builders? It’s a promising…
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Andreessen Horowitz’s digital asset division, a16z crypto, said it would provide $23 million to support digital asset policy formation after the U.S. generation elections.
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Crypto scammers hijacked the X account of Truth Terminal creator Andy Ayrey to promote a dubious meme coin. At press time, the account remains in control of the crypto scammers who managed to make over $600,000 by shilling a token…
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Andreessen Horowitz, known as a16z, one of the most prominent venture capital firms, recently discussed how an AI bot they funded spurred the creation of a multi-million-dollar meme coin. Marc Andreessen and Ben Horowitz, the co-founders of a16z, discussed how…
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Goatseus Maximus
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Skyfire, a payments platform founded by former Ripple developers, raised $9.5 million in a seed funding round led by Coinbase Ventures and a16z’s Crypto Startup Accelerator. The company focuses on building a payment infrastructure designed for AI agents, which are…
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The decentralized finance ecosystem continues to grow despite recent challenges as overall crypto usage hits record levels, venture capital firm Andreessen Horowitz (a16z) said in a new report. In its “State of Crypto” report published on Oct. 16, a16z noted…
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Crypto software provider Talos Trading is reportedly set to double its workforce in the Asia-Pacific region, capitalizing on the area’s regulatory landscape. Talos Trading, a crypto trading software provider based in New York, is set to double its workforce in…
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Andreessen Horowitz’s a16z Crypto fund has partnered with Stand With Crypto and OpenSea to create the Creator Legal Defense Fund. According to releases from OpenSea and a16z, this initiative is designed to provide legal support and consultation to artists and…
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Andreessen Horowitz closes Miami office, raising questions about the city’s crypto future The $43 billion firm, known for its significant investments in technology and crypto, opened the office in 2022, intending to support Miami’s growing reputation as a tech hub.…
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PIP Labs, the core contributor to layer-1 network Story Protocol, has raised $80 million to build an ecosystem where creators can “grow their IP in the age of AI.” Programmable IP Labs, the mastermind behind the blockchain startup Story Protocol,…
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Decentralized crypto lender Morpho has announced a $50 million strategic round backed by a16z and Coinbase Ventures among other top crypto venture capital firms. On August 1, 2024, Morpho disclosed that Ribbit Capital, an early-stage VC investor whose portfolio includes…
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Web3-focused venture firm A16z Crypto doubled its donation amount to major blockchain super PAC Fairshake.
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The blockchain gaming sector witnessed an unprecedented influx of investment capital in April, securing $988 million in funding. Although the first quarter of 2024 saw a cautious approach with a total of $288 million raised among blockchain gaming startups, the…
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a16z crypto’s CTO, Eddy Lazzarin, warns that memecoins are reshaping perceptions of the market, likening their resemblance to a risky casino. Memecoins are more akin to a “risky casino” than to a useful product, as they badly affect the crypto…
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A new crypto startup Neoclassic Capital founded by former employees from Goldman Sachs, BlockTower raised funding from Marc Andreessen, Chris Dixon, and Jeff Vinik. A pair of alumni from banking giant Goldman Sachs, BlockTower Capital secured funding for their new…
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Venture capital veterans as well as crypto management firms have lined up to back 1kx’s new fund focused on crypto consumer apps. Crypto investment firm that specializes in ecosystem growth 1kx has oversubscribed its early-stage venture fund to back crypto…
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