Bitpanda Valued at $4.1B Following Series C Funding Round – August 17

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Top Stories for August 17, 2021 🔥

👉 Bitpanda Valued at $4.1B Following Series C Funding Round

Austria-based crypto exchange Bitpanda has closed a $263 million Series C funding round, valuing the company at a massive $4.1 billion.

The funding round was led by Peter Thiel’s Valar Ventures, with Bitpanda planning to use the proceeds to improve their technology, global expansion and growth.

Bitpanda became Austria’s very first tech “unicorn” in March, after its $170 million Series B raise.

👉 Audius Surges After Landing “Soundkit” Partnership With TikTok

Blockchain-based music streaming platform Audius has become TikTok’s first music streaming partner, which will allow users to share tracks directly from the platform to TikTok via a new feature.

Audius’ AUDIO token has surged on the news, gaining as much as 143% over the last day of trading.

👉 Twitter Hires Lead For Decentralized Social Platform Bluesky

Twitter has hired a crypto developer lead for its decentralized social media project, Bluesky. Former Zcash and Skuchain developer Jay Graber will lead the platform’s development.

The Bluesky platform was first announced in 2019. It aims to rebuild the social media experience and put the control of such platforms back into the hands of its users.