Andreessen Horowitz Leads $25M Funding Round for Crypto Lending Startup

Decentralized finance (DeFi) lending protocol Compound secured $25 million in an investment round led by Andreessen Horowitz’s a16z Crypto. Venture capital firm Andreessen Horowitz has led a $25 million funding round for crypto lending startup Compound. On Nov. 14, Fortune reported that Compound, a decentralized finance (DeFi) lending protocol, secured $25 million in an investment […]

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China Walks Back Hardline Media Rhetoric Toward Crypto and Blockchain

With Chinese President Xi Jinping recently showcasing support for blockchain, local media is seemingly changing its sentiment toward crypto. Earlier this week, a story published by Chinese state-run media outlet Xinhua featured some pro-Bitcoin comments that referred to the flagship digital currency as being the world’s “first successful application of blockchain technology.” This latest endorsement […]

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Softbank-Backed Blockchain Firm OneConnect Eyes $100M Nasdaq IPO

Softbank-backed Chinese fintech OneConnect has filed for an Initial Public Offering with the United States Securities and Exchange Commission. Softbank-backed Chinese fintech OneConnect has filed for an Initial Public Offering (IPO) with the United States Securities and Exchange Commission (SEC). As Bloomberg reported on Nov. 13, OneConnect is the blockchain- and AI-focused fintech arm of […]

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Julian Gordon’s WeChat “Hasn’t Stopped Buzzing” Since Xi Jinpin Went Pro-Blockchain

The Chinese president’s blockchain remarks are draining this VP’s cell phone battery. Speaking at BlockShow Asia 2019, Hyperledger Vice President APAC Julian Gordon described the personal impact that the Chinese president’s pro-blockchain remarks have had on him:  “Xi Jinpin made that announcement 10 days ago. The reason I know that is because my phone is […]

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“Run Green Finance on Blockchain,” Encourages Chief FinTech Officer of Singapore’s Monetary Authority

Sopnendu Mohanty spoke his mind at BlockShow Asia 2019. Sopnendu Mohanty, Chief FinTech Officer at the Monetary Authority of Singapore, spoke at BlockShow Asia 2019 about the importance of blockchain for the economy, highlighting its indispensability for the development of green finance. Mohanty defined green finance as follows: “How to monitor, how to measure, and […]

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