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ConsenSys raises $65M from JP Morgan, Mastercard, UBS to build infrastructure for DeFi – TechCrunch

ConsenSys raises $65M from JP Morgan, Mastercard, UBS to build infrastructure for DeFi ConsenSys, a key player in crypto and a major proponent of the Ethereum blockchain, has raised a $65 million funding round from J.P. Morgan, Mastercard and UBS AG, as well as major blockchain companies Protocol Labs, the Maker Foundation, Fenbushi, The LAO and Alameda Research. Additional investors include CMT Digital and the Greater Bay Area Homeland Development Fund. As well as fiat, several funds invested with Ethereum-based stablecoins, DAI and USDC, as consideration. Sources told TechCrunch that this is an unpriced round because of the valuation risk, and the funding instrument is “full”, so the round is being closed now.

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5 Blockchain Startups Disrupting The Energy Sector

5 Blockchain Startups Disrupting The Energy Sector By Alex Kimani - Mar 04, 2021, 5:00 PM CST Despite its enormous potential to transform the global energy sector, blockchain technology has largely remained confined to the financial sector, with the energy industry consistently catalyzed by innovations in sub-sectors such as rooftop solar, offshore wind, smart metering, battery storage, and electric vehicles. But this is now beginning to change thanks to the Enterprise Ethereum blockchain emerging as the newest technology to spur growth in the energy sector across a raft of verticals from peer-to-peer (P2P) energy trading and smart contracts to green energy provenance and systems interoperability.

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05Mar2021 Pre-Market Commentary: Huge Payrolls Push Wall Street To Open Higher, DOW Futures Up 100 Points, Nasdaq Down -0 2%, WTI Crude Higher 65 35, US Dollar Rises 91 88, Gold Below 1700

Heading into today s closely watched payrolls report which as we reported earlier was expected to show a sharp improvement in the labor market, it seemed that stocks were faced with a lose-lose dilemma: a strong number would boost inflation fears further, sending yields higher and crashing stocks; a bad number and the recovery narrative would be hammered as virus fears returned, hammering stocks. So as traders were busy navigating this tricky mind maze, moments ago the BLS reported that as expected, in February the jobs picture improved dramatically, with the US adding a whopping 379K jobs, nearly double the 198K consensus estimate!

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IoTeX Is Now an Amazon Web Services Partner Network (APN) in China and the U S

IoTeX is now part of the Amazon Web Services Partner Network (APN) in the U.S. and China, a press release on Feb 25 reveals. A Boost for IoTeX, AWS Widely Adopted by Fortune 500 Companies The APN is a global partner program tailored for technology and consulting businesses. It is…

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BambooDeFi: A New Way for Users to Make A Steady Income

BambooDeFi: A New Way for Users to Make A Steady Income
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