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In a blog post that lays out a vision for crypto’s future, ranging from a “new financial system” to warnings about “opaque” AI, a16z crypto announced a new $2.2 billion fund. This is the VC firm’s fifth fund and brings the total raised to date to $9.8 billion, it says. In addition, the fund also…
For some tense minutes on Wednesday, X users were surprised to see one of those crypto “airdrop” posts on Andreessen Horowitz’s blue check-marked account. A second tweet said that $5 million had already been given away. That account has 851,000 followers. A member of a16z’s crypto team saw the tweet and immediately posted a warning…