The crypto bets of a16z crumble, early investors still profit
Andreessen Horowitz (a16z) sold crypto before the crash, leaving early investors with a return. But its four crypto funds are plummeting.
Bitcoin24h
$69,945.50+3.90%
Ethereum24h
$2,163.90+5.33%
BNB24h
$608.38+2.56%
XRP24h
$1.35+4.09%
Solana24h
$82.27+3.32%
TRON24h
$0.3178-0.30%
Dogecoin24h
$0.0928+2.38%
Hyperliquid24h
$37.67+5.96%
UNUS SED LEO24h
$10.12+0.36%
Cardano24h
$0.2544+4.44%
a16z dials back crypto investing as flagship fund gets rekt
a16z has significantly slowed down investments in crypto firms, amid a bear market that has its flagship crypto fund down 40%.
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Gemini’s 10-K reveals loan loop between exchange and founders—by Protos Staff
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Archblock files for bankruptcy, blames fraud and Justin Sun-linked deal—by Protos Staff
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Steakhouse Financial front-end breach exposes users to phishing scam—by Protos Staff
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Stripe stablecoin unit Bridge denies shipping trucks to company in Venezuela—by Protos Staff
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Flare’s billion-dollar XRP DeFi dream has just 80 new users a day—by Protos Staff
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Trump documents meltdown over Iran war on Truth Social—by Bennett Tomlin
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Private credit firms prepare for bank run-type panic by gating investor withdrawals—by Protos Staff
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Resolv hack shows DeFi learned nothing from last contagion—by Protos Staff
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Google warns over 200 million iPhone crypto wallets at risk—by Protos Staff
