Openai, the company at the center of the artificial intelligence (AI) revolution, is reportedly seeking to raise $ 6.5 billion from investors, reaching a valuation of $ 150 billion. According to Bloomberg, the funds would be used to support the need for computing power and other expenses, as stated in a memo sent …
Ethena Raises $6.5 Million to Develop an Ethereum-Based, Banking System Independent Stablecoin
Ethena, a protocol that seeks to build a banking system independent stablecoin, has announced that it has raised $ 6.5 million in its seed round. The round, led by Dragonfly, aims to help issue Ethena’s decentralized stablecoin product in Q3 2023, which was inspired by an article written by former Bitmex CEO Arthur Hayes. …