| Changpeng Zhao Funds Twitter Acquisition; New UK Prime Minister Favors BAYC (October 26)
headlines
Musk plans to close deal to buy Twitter on Friday
On the call, Musk also promised to help banks pitch bonds to fund managers after the deal closes, people familiar with the matter said. Morgan Stanley and Twitter declined to comment on the report, while a representative for Musk did not immediately respond to a request for comment. Twitter's stock price has risen in the short term, and it is now up more than 3%. (Golden Ten)
Industry news
Remittance giant Western Union has filed a cryptocurrency-related trademark application
Odaily news remittance giant Western Union (Western Union) has filed several trademark applications related to cryptocurrencies with the US Patent and Trademark Office.
Changpeng Zhao: Will continue to provide financial support for Musk's acquisition of Twitter
U.S. Lawmakers Ask Regulators to Clarify Rules for Ex-Employees in Crypto Industry
Odaily News U.S. Senator Elizabeth Warren and Representative Alexandria Ocasio-Cortez have asked regulators to clarify their regulations on former employees working in the encryption industry.
Odaily News The 50 largest donors donated $1.1 billion to political committees and other groups participating in the midterm elections. George Soros ranked first with $128.5 million, and FTX founder Sam Bankman-Fried (SBF) with $3920 million US dollars ranked fifth, and mainly donated to Democratic groups.
Project News
Odaily News The Ethereum Layer 2 expansion solution zkSync 2.0 test network is about to be reset. This reset will still clear the transaction history, token balance and require developers to redeploy the contract.
NEAR Foundation Proposes Shutdown of Stablecoin USN and Allocates $40M for USN Protection Program
BNB Chain Launches $10 Million Gas Fee Incentive Plan to Support Web3 DApp Growth
MakerDAO has passed the community proposal to transfer 1.6 billion USDC to Coinbase Prime
Odaily News MakerDAO has passed the community proposal to transfer 1.6 billion USDC from the Maker reserve to the Coinbase Prime custody account, with a approval rate of 75.08%, which will enable it to obtain a 1.5% yield.
It is reported that Coinbase will maintain 24-hour year-round access to the DAO anchor stability module (PSM), which is responsible for managing the governance fees that MakerDAO obtains from transactions.
BNB Chain Launches $10 Million Gas Fee Incentive Plan to Support Web3 DApp Growth
According to official news, BNB Chain announced the launch of a $10 million Growth Incentive Program (Growth Incentive Program) to support the growth of Web3 DApp.
According to official news, BNB Chain announced the launch of a $10 million Growth Incentive Program (Growth Incentive Program) to support the growth of Web3 DApp.
Block's Cash App supports sending and receiving Bitcoin over the Lightning Network
Odaily News Watcher.Guru tweeted that Block’s payment platform Cash App supports sending and receiving Bitcoin through the Lightning Network.
Reddit Avatar NFT cumulative sales exceeded 5 million US dollars, holding more than 2.8 million addresses
Investment and Financing
Investment and Financing
According to previous reports, in August last year, Tetavi completed a financing of US$20 million, led by Insight Partners. (Calcalistech)
Yoom's technology allows for the creation of lifelike digital content and experiences for the Metaverse and Web3, formerly Tetavi, a Web3 music content creation startup. So far, Yoom has raised a total of $50 million in financing.
According to previous reports, in August last year, Tetavi completed a financing of US$20 million, led by Insight Partners. (Calcalistech)
NFT platform Exclusive completes $5 million in financing, led by Tioga Capital and others
Odaily News NFT start-up company Exclusive announced the completion of $5 million in financing, with venture capital firm Tioga Capital and FC Basel co-owner Dan Holzmann co-leading the round. The company works with luxury brands on its Web3 offerings, including creating NFTs for clients such as Asprey Bugatti, Christian Lacroix and Louis Monet. (The Block)
Bitcoin settlement company Synota completes $3 million seed round, led by Ego Death Capital
Odaily News Synota, a technology company that provides bitcoin instant settlement services for the energy industry, announced the completion of a $3 million seed round of financing, led by Ego Death Capital, with participation from Trammell Venture Partners, Rev1 Ventures, Hivemind VC, Bitcoiner Ventures, and Recursive Capital.
It is reported that Synota, founded by Austin Mitchell and Lisa Scott in 2022, provides energy with highly flexible settlement services including dynamic pricing and synchronous multi-party settlement by integrating the Bitcoin Lightning Network. The company will launch pay-as-you-go services for bitcoin miners, hosting providers and energy providers in early 2023. (Business Wire)
Renewable energy data center developer Soluna plans $2 million equity round
As previously reported, in May of this year, Soluna Holdings received $35 million in project investment from private equity firm Spring Lane Capital to build more data center-related facilities, build three energy-saving facilities and use the converted energy for Bitcoin mining and AI computing.
Mobile Money App Wave Completes $5M Funding, SDF Invests
Odaily News African mobile money application Wave announced the completion of US$5 million in financing, invested by the Stellar Development Foundation (SDF), aiming to provide African consumers with digital solutions for saving and transferring funds through integrated cooperation. Wave currently serves more than 10 million monthly users in Senegal, Côte d'Ivoire, Uganda, Mali, and Burkina Faso.
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