62. Religiously HODLing
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September 6, 2018
Sara is with Olivia Vinden, Director at Alpha FMC, Obi Nwosu, CEO and Founder of Coinfloor, and Richard Burton, CEO and founder of Balance Software. First up the panel looks at a16z back blockchain project Dfinity's funding round. Decentralized cloud startup Dfinity just raised $102 million to further its work in developing an "internet computer". Dfinity hopes to launch its world computer, what it refers to as "the cloud 3.0," by creating a scalable network that is more efficient than proof-of-work consensus. Messaging giant LINE is launching its own cryptocurrency. LINE has become one of the first publicly traded companies to have launched a proprietary blockchain mainnet with its own cryptocurrency. LINE aims to gradually issue a total of 1 billion of the network's LINK tokens, of which 800 million will be distributed to public users while the rest will be held as a company reserve. Crypto exchange Huobi acquires public firm for $70 Million. Huobi has become the largest shareholder of a public firm listed…