This week’s Crypto Biz looks at crypto markets outflows, a16z’s first branch outside the U.S., the ongoing silent ban on altcoins, and the AI models to be first deployed in the United Kingdom.
), allowing users without equipment to purchase Bitcoin hash rates via Binance’s cloud mining service.
According to the Sovereign Wealth Fund Institute, a16z is the largest venture capital firm in the world, with $35.8 billion in assets under management. With this move, the company joins many other crypto businesses setting up operations in more friendly regulatory environments outside the United States.
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