Billions and trillions. That’s what venture capitalists are spending to get ahead of the curve in crypto. Their latest fixation is layer-2 scaling solutions and Web3, an umbrella term that describes the next stage of the internet’s evolution. While the cryptocurrency market remains in its early stages, it’s still very active. Extreme fear, smart money investors — TradFi folks who invest with expert knowledge — continue to pour countless sums into the space.

This week’s Crypto Biz newsletter gives you the latest funding stories from the world of blockchain and explores interesting developments surrounding Google (NASDAQ:) and Sam Bankman-Fried.

Andreessen Horowitz shuts down $4.5 Billion crypto fund in market turmoil

StarkWare earns $100M from investors who rely on Layer-2 success

Google searches for fresh talent to manage the global Web3 Team

Sam Bankman Fried could invest up to $1B to stop Trump coming back in 2024

Don’t miss out! How soon will stock prices recover?