Audius Attracts Investments From Katy Perry & Jason Derulo – September 17

πŸ“ˆ 30 Second Cryptocurrency Price Summary

Current Bitcoin Price:Β $47,623

Bitcoin price has found itself within the $47,000s for yet another day in a row, as price appears to be reaching a crucial decision point.

Top-20 altcoins have taken a tumble today, as Ethereum falls 4%, Cardano also drops 4% and Solana takes a 14% tumble.

Top Stories for September 17, 2021 πŸ”₯

πŸ‘‰ Audius Attracts Investments From Katy Perry & Jason Derulo

Blockchain music streaming platform Audius has raised $5 million in new funding from top music artists including Katy Perry and Jason Derulo.

Audius already claims to have almost 6 million active users per month, with the competitive advantage of letting artists own their music – unlike Spotify.

Other investors in the round included Nas, The Chainsmokers, Pusha T, Mike Shinoda and Disclosure.

πŸ‘‰ Avalanche Raises $230M From Polychain, Three Arrows & Others

The Avalanche Foundation has raised a significant $230 million from Polychain Capital, Three Arrows Capital and others for jumpstarting liquidity in the Avalanche (AVAX) ecosystem.

The liquidity will contribute to the growth of decentralized finance (DeFi) on the Avalanche blockchain, which has already seen an influx of $2.6 billion in total value locked (TVL).

πŸ‘‰ Sushiswap Project Lead “Maki” To Step Down

Shushiswap’s pseudonymous leader, known as Maki, is reportedly stepping down form his position, according to an unnamed source.

The reasoning behind Maki’s departure has not yet been explained, however his address has already been removed from the project’s operations multi-sig account.