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Nexthop AI has raised $500 million in a Series B led by Lightspeed Venture Partners, with Andreessen Horowitz joining existing backers Altimeter Capital and Kleiner Perkins. The round values the Santa Clara-based company at $4.2 billion, less than a year after it emerged from stealth with $110 milli

a16z crypto managing partner Chris Dixon defended the blockchain industry's persistent focus on financial applications, arguing that infrastructure and mass adoption must precede breakout non-financial use cases. Dixon stated crypto requires "hundreds of millions of people onchain through financial

Economist Peter Schiff said a financial crisis more severe than the 2008 collapse is approaching this year, arguing that U.S. economic policy has fundamentally misread global capital dynamics and risks triggering a sharp break in confidence. What Happened In posts on X, Schiff said the coming downtu

Andreessen Horowitz's crypto arm purchased $15 million in Babylon's BABY tokens Wednesday to fund infrastructure allowing native Bitcoin to be used as onchain collateral without custodians. The investment brings Babylon's total funding to $103 million following an $18 million Series A and $70 millio