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Coinbase and Big Crypto Firms Increase US Political Donations

As regulatory scrutiny of the cryptocurrency market intensifies in Washington, cryptocurrency companies are significantly increasing their contributions to US politicians. Key players such as Nasdaq-listed exchange Coinbase, stablecoin operator Circle and a16z, the cryptocurrency investment arm of venture capital firm Andreessen Horowitz, are allocating more funds to support the election of pro-crypto lawmakers and influence…

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Venture Capital Titan Andreessen Horowitz Launches Massive $4.5 Billion Crypto Fund Amid Bear Market

A Silicon Valley-based investment firm is launching a massive $4.5 billion digital assets fund as crypto markets continue to see widespread stagnation. According to a new letter penned by Andreessen Horowitz general partner Chris Dixon, the venture capital giant is launching the latest fund because the world is entering into the “golden era” of Web…