• Midas Crypto
  • Posts
  • 🌙 A16z’s Crypto Ideas for 2024

🌙 A16z’s Crypto Ideas for 2024

2023 saw a decline in a16z crypto funding, but the behemoth VC firm teased what it’s excited for next year.

Author

Mike Gavela
December 06, 2023

Together with

Crypto Roundup - Dec 6

Andreessen Horowitz's 2024 ideas list highlights artificial intelligence, gaming, and digital security in crypto, diverging from last year's focus on "zero knowledge" technology. The venture capital firm foresees a democratization of AI through crypto and the rise of AI-generated video games requiring secure, neutral models. Meanwhile, Sotheby's is venturing into Bitcoin Ordinals with its first auction of the BitcoinShrooms collection, reflecting a broadening interest in digital art. JPMorgan CEO Jamie Dimon and Senator Elizabeth Warren have criticized the crypto industry for its role in illicit activities, with Dimon suggesting a shutdown. However, a Chainalysis report indicates a 65% decrease in illicit crypto activities in the first half of 2023.

Top Stories:

  • Andreessen Horowitz's 2024 Crypto Vision: The firm's 2024 big ideas list focuses on AI, gaming, and digital security in the crypto realm, signaling a shift from previous priorities.

  • Sotheby's Enters Bitcoin Ordinals Auction: Sotheby's announces its first auction of Bitcoin Ordinals artwork, showcasing pieces from the Bitcoin Shrooms collection.

  • JPMorgan CEO Criticizes Crypto Industry: Jamie Dimon, CEO of JPMorgan, voices a strong stance against the crypto industry, supported by concerns over its use in illicit activities.

TOGETHER WITH

1440

News. Without Motives. That’s 1440. Join Today!

Frustrated by biased news? Tired of trying to sift through 100s of news sources to find the facts? Leave behind the opinions and receive a daily digest of pure facts. Say hello to 1440! Delve into politics, business, science, sports, culture, and more. Join the other 3 million Americans who read 1440 each morning. 

TOP STORIES

A16z’s crypto ideas list for 2024 spotlights AI, gaming

2023 saw a decline in a16z crypto funding, but the behemoth VC firm teased what it’s excited for next year.

blockworks.co/news/a16z-2024-ideas-list

Sotheby’s announces its first Bitcoin Ordinals sale

The Ordinals, designed by Shroomtoshi, will be available to bid on at Sotheby's from Wednesday through Dec. 13.

blockworks.co/news/sothebys-auctions-bitcoin-ordinals

JPMorgan’s Jamie Dimon: I’d shut crypto down

Even as JPMorgan moves into the blockchain space, Jamie Dimon tells senators the government should shut down the whole industry.

blockworks.co/news/jamie-dimon-shut-crypto-down

FUNDRAISES

OTHER HEADLINES

Protocol Village: Beam to Launch on Immutable zkEVM, Gaming-Focused L2 With Polygon Tech

The latest in blockchain tech upgrades, funding announcements and deals. For the period of Dec 7-Dec. 13, with live updates throughout.

www.coindesk.com/tech/2023/12/06/protocol-latest-tech-news-crypto-blockchain

Canadian crypto exchanges reach $1B in assets under management

The exchanges recorded a 54% jump in trading activity in November.

cointelegraph.com/news/canadian-crypto-exchanges-reach-1-billion-assets-under-management

Brazil’s Crypto Rails Get Boost from Itau and Nubank - The Defiant

Two of Brazil’s largest banks have announced efforts for their 195 million users to gain easier access to crypto.

thedefiant.io/brazil-s-crypto-rails-get-boost-from-itau-and-nubank

HNT Rallies 50% After Helium Expands Mobile Service Nationwide - The Defiant

Helium leverages T-Mobile’s network to offer unlimited data, talk and text for $20 per month.

thedefiant.io/hnt-rallies-50-after-helium-expands-mobile-service-nationwide

CRYPTO TWITTER (X)

SHARE!

Love our newsletter? Share it with your friends, family, colleagues, interns who need to stay on top of the crypto markets! Join over 85,000 investors and crypto degenerates who read Midas Crypto daily!