China is keen on using evolving blockchain technology that underpins cryptocurrencies to help build its digital economy and quicken adoption of its sovereign digital currency, analysts say, while avoiding the risks that decentralised virtual networks pose to the financial system. Chinese policymakers have recently ruled out cryptocurrencies as mediums of exchange but tacitly supported them as investment vehicles - as long as they serve the real.
The innovative and irregular path to growth for the latest social media platform on blockchain and nearly 15,000 celebs who unwittingly play a role.
If Jake Paul jumped off a bridge, or onto a new Twitter facsimile, would you join him? And would it impact the overall value of his brand for fractional sale in crypto?
BitClout is giving social media users and crypto enthusiasts the chance to ask and answer these questions, not just in relation to Jake Paul but for all top 15,000 Twitter accounts, ranked by followers.
BitClout launched about 6 weeks ago, and has garnered more attention than a typical brand new blockchain project. Perhaps it’s due to the involvement of certain notable individuals like Elon Musk, Ariana Grande, Kim Kardashian, Rihanna, Ellen DeGeneres, and Lady Gaga.
Don-Key Collects $2.2M in Private Funding for Social Yield Farming Platform
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Don-key.finance, a DeFi yield farming aggregator, recently announced the completion of its first private funding, collecting $2.2 million in total from renowned venture capital firms. The financing round saw participation by investors such as Genesis Block, MarketAcross, Black Edge Capital, AU21, Spark Digital, Solidity Ventures, MoonWhale, and Morningstar Ventures.
The funds will be used to develop an eToro-like social platform that will bring liquidity providers and yield farmers together. By doing so, Don-Key connects investors around the world to make the experience of trading and investing in DeFi less opaque and more inclusive.
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BENQI Closes $6M Round to Create Algorithmic Liquidity Market on Avalanche
BENQI
BENQI Closes $6M Round to Create Algorithmic Liquidity Market on Avalanche
NEWARK, N.J., April 14, 2021 (GLOBE NEWSWIRE) BENQI, a liquidity market operating on the Avalanche network, has completed a private funding round. A total of $6 million was raised in a round led by Ascensive Assets.
A number of leading investors on blockchain and the emerging Avalanche ecosystem also participated. These include Mechanism Capital, Dragonfly Capital, Arrington XRP Capital and The Spartan Group. Other backers were Morningstar Ventures, Vendetta Capital, TRGC, Genesis Block, Woodstock and Rarestone alongside Ava Labs and leading liquidity provider Skynet Trading.