Cosmos Builder Ignite, 11 VCs Put Up $150M to Invest in Multichain Crypto Teams
The accelerator includes backing from Sam Bankman Fried’s Alameda Research, KuCoin Ventures and others. Source
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VCs
Acala, VCs Commit $250M for Polkadot DeFi Investments
The advent of tokens with steady prices is what has enabled DeFi protocols on other blockchains, like Ethereum, to flourish. Activities like lending and borrowing, for instance, become far easier to execute on a blockchain when users can provide less volatile assets – e.g. stablecoins – as collateral. Source
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VCs don’t understand that Cardano has a community: Charles Hoskinson
In a recent YouTube video, Charles Hoskinson highlighted the rapid growth of the Cardano (ADA) ecosystem while clarifying the concerns raised by other members of the crypto community over the past year.“We live in a world where arbitrary groups of people get to be fact-checkers and decide what's legitimate,” said
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