According to Techub News, @laurashin tweeted that she questions Adam Back and Blockstream's recent frequent fundraising activities, especially considering that the company's BSTR product just received approval from the U.S. Securities and Exchange Commission (SEC). Blockstream is a Bitcoin infrastructure company, and Adam Back is its co-founder and CEO, as well as the inventor of the Hashcash proof-of-work system. While BSTR's SEC approval may indicate progress in regulatory compliance, the frequent fundraising activities have raised concerns about the use of these funds.
Unchained founder Laura Shin questions Blockstream's frequent fundraising activities.
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