The latest funding to Alchemix will help its developers to commit to full-time developments. Besides, it will help the DeFi protocol to boost its other activities of hiring and marketing.
The crypto lender BlockFi has noted as one of its many plans to utilize the new capital boost to accelerate the expansion of its services into new markets.
Roblox investors are closely monitoring the coronavirus vaccine development as it will significantly affect the company’s gains.
The pandemic spiked an economic downturn that lowered interest rates, thus pushing retail investors to seek refuge in terms of potential gains in the stock markets.
The recent partnership starts the creation of the Gemini Boat Race Bursary Scheme that offers rowing instructions as well as education to students via the Fulham Reach Boat Club.
Starling revealed its plans for using the raised funds. The digital bank plan to expand its business into Europe.
NYDIG said that the new fundraising will help it accelerate growth in the coming months and quarters while building Bitcoin-based solutions for the banking, insurance, and clean energy sector.
UBS analyst also highlighted that “Tesla has the potential to become one of the most valuable software companies.”
Berkshire Hathaway led by chairman and CEO Warren Buffett anticipates Apple to use the huge cash reserve to exploit emerging coronavirus opportunities.
Swedish fintech firm Klarna is close to reaching its $1 billion target in a funding round, say sources familiar with the matter.
Kraken also mentioned the company’s plans to support technologies such as AI, machine and deep learning, and cybersecurity.
The raised funds will see the larger share going into this development that seeks to ensure that transactions are 10x improved with the L1 development experience preserved.
According to a report by Qatar Financial Centre and Refinitiv, investors stashed $30.4B in global fintech investments in the first 9 months of 2020.
Oxygen is built on Solana, a blockchain that can handle up to 50,000 transactions per second, which is miles ahead of Ethereum that can only process a maximum of 15 transactions per second.
The reported profit estimates from Tesla’s Bitcoin purchase may appear attractive to other publicly traded companies in the United States and beyond.