Goldfinch Africa lending dream ends in defaults and 99.8% token crash
Goldfinch was supposed to use crypto and decentralization to distribute loans to creditworthy borrowers in developing markets like Africa.
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Goldfinch was supposed to use crypto and decentralization to distribute loans to creditworthy borrowers in developing markets like Africa.
Read more (4 min) →Larry Ellison's Oracle, a16z, and VC firm Silver Lake are to buy up a new spinoff entity that would take the place of TikTok in the US.
Former UK Economic Secretary to the Treasury Tulip Siddiq reportedly didn't meet a single crypto company on behalf of the Labour government.
a16z says it will be "contributing over $23M in additional funds to Fairshake and its affiliated PACs" for the 2026 midterms.
— a16z, Andreessen
Despite many celebrating the dawn of AI-led digital assets, many mundane tasks to be carried out by AI bots require human intervention.
The crypto world is entranced by the dawn of supposed AI-managed hedge funds. Unfortunately, A16z and other humans are actually responsible.
Read Write Own by Chris Dixon has somehow made the New York Times Best Seller list. But why does nobody care about the bundled NFT?
According to the NYT, Chris Dixon and a16z have attempted to present more sales than real demand -- a concept a16z is familiar with.
a16z's Chris Dixon claimed that the firm would never invest in a token with a public token sale, but it seems it repeatedly did.
Amid falling returns and billions lost to scams, it's becoming increasingly difficult to take a16z's claims about web3 seriously.