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Gelato raises $11M from heavyweight backers for Web 3.0 automation

boss Cryptocurrency Market, News

Smart contract automation network Gelato has become the latest to receive big backing from crypto venture capital giants.Gelato has raised $11 million in a Series A funding round led by Dragonfly Capital and with participation from ParaFi Capital, Nascent, IDEO CoLab Ventures and Aave founder Stani Kulechov.The funds were raised through

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Facebook’s Libra Backers Fear It Could Taint Their Image Among Regulators

boss Cryptocurrency Market, News 0

Visa, Mastercard, PayPal and Stripe are unsure whether they wish to become paid-up participants in Facebook’s Libra digital currency.As Bloomberg reported on Oct. 2 citing “people familiar with the matter,” the four payment giants have reservations about the plans. Sources: Facebook “oversold” regulator supportThe companies formed part of the cohort

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