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Sovryn Lists on AscendEX | Coinspeaker
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Sovryn (SOV), a Bitcoin or BTC-Native App for Decentralized Lending, to be Listed on AscendEX
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RedStone, a Tallin, Estonia-based decentralized finance oracle platform, raised $525K in funding.
The round was led by Maven 11 Capital, with participation from Arweave, Collider Ventures, KR1, 1kx and Bering Waters Ventures.
The company intends to use the funds to continue to expand the partnerships with data providers and protocols that it supports and also to work towards the realization of its long term product roadmap which includes offerings such as cross-chain data bridges.
Led by CEO and founder Jakub Wojciechowski, RedStone provides a cross-chain data oracle providing pricing data for financial protocols. It leverages the Arweave blockchain to create affordable storage with a permanent audit trail and provides an automatic dispute mechanism, backed with insurance through staking. Today, RedStone supports 150 assets across three providers with oracle query interval times of up to ten seconds.
RedStone Raises $525K in First Round of Funding to Expand Its Market Leading Next-Generation Decentralized Oracle Platform
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Bitcoin Rabbi Michael Caras (photo courtesy/ via JTA) and a visual representation of Bitcoin, at the Bitcoin Change shop in Tel Aviv, February 6, 2018. (Jack Guez/AFP)
JTA Many of Twitter’s cryptocurrency zealots are often notorious trolls, but one particular thought leader stands out from the rest. He happens to be a rabbi.
“Twitter people either use it to scream at each other and not be nice, which I don’t like,” says micro-influencer Rabbi Michael Caras, also known as @thebitcoinrabbi. ”I enjoy connecting with my two communities through Twitter, both Jewish Twitter and Bitcoin Twitter.”
Caras, a rabbi associated with the Hasidic Chabad-Lubavitch movement, is fascinated by the way that Bitcoin, both the network and the asset, relates to halacha (Jewish law). And since he’s quite vocal about it online, Caras says that strangers slide into his Twitter messages each week to ask for advice and spiritual guidance on the topic.