| SBF used Alameda assets to purchase $546 million in Robinhood shares; MicroStrategy announced an increase of 2,500 BTC (December 29)
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secondary titleheadlinesSBF used Alameda assets to buy $546 millionbeautifulYuan Robinhood Shares, Multiple
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This share claims ownership
According to court documents from Odaily, SBF borrowed $546 million from Alameda Research and injected the money into Emergent Fidelity Technologies Ltd, buying a 7.6% stake in Robinhood through Emergent Fidelity. The shares held by Alameda Research were used as collateral for the loan.
Odaily News MicroStrategy announced that it has increased its holdings of 2,500 BTC. Currently, MicroStrategy holds about 132,500 BTCs, which were bought for about $4.03 billion, at an average price of about $30,397 per BTC.
Industry news
Industry news
MicroStrategy sells 704 BTC for the first time for tax benefits
According to Odaily, MicroStrategy submitted a document to the SEC, disclosing the details of its increased holdings of 2,500 BTC:
1. Between November 1, 2022 and December 21, 2022, MicroStrategy, through its wholly owned subsidiary MacroStrategy LLC (“MacroStrategy”), acquired approximately 2,395 Bitcoins for approximately $42.8 million in cash, at an average price of That's about $17,871 per bitcoin.
2. On December 22, 2022, MacroStrategy sold approximately 704 bitcoins for approximately $11.8 million in cash proceeds, for an average price of approximately $16,776 per bitcoin after fees and expenses. MicroStrategy intends to carry forward capital losses from this transaction against prior capital gains, provided that such carryforwards are tax-advantageous under current federal income tax laws.
3. On December 24, 2022, MacroStrategy acquired approximately 810 bitcoins for approximately $13.6 million in cash, at an average price of approximately $16,845 per bitcoin.
MacroStrategy bought BTC twice and sold BTC once, adding about 2,500 BTC in total.
According to Bitcoin Magazine, this is the first time that MacroStrategy has sold BTC for tax benefits.
Zhu Su: The author of "The Big Short" portrayed SBF as the protagonist of "Odaily Wars", and CZ as the number one villain
Odaily News Three Arrows Capital founder Zhu Su tweeted that he attended a dinner in the Bahamas in April, when FTX founder SBF, "The Big Short" author Michael Lewis, Canadian investor Kevin O'Leary and the former White House corresponded Director Anthony Scaramucci and others were present.
According to previous reports, SBF is under house arrest in his parents' residence after being released on a $250 million bond. The Big Short author Michael Lewis has visited SBF, possibly to talk about the latest twist in his downfall in the cryptocurrency space, going from a 30-year-old billionaire to facing 115 years in prison in a matter of weeks. SBF's partnership with Lewis was said to have been going on for about six months, long before SBF's financial irregularities were discovered, but it was first reported after the collapse of FTX in November, when entertainment newsletter site The Ankler leaked a report that Lewis' publishing company had sent to Lewis. A letter from a potential film rights buyer marketing the book.
mining
mining
Galaxy to acquire Argo's mine for $65 million and provide it with a $35 million loan
Earlier, Argo Blockchain filed documents with the London stock exchange platform, saying that it is in advanced negotiations to sell some of its assets and conduct equipment financing transactions to strengthen its balance sheet and improve liquidity. (CoinDesk)
Data: 10 Bitcoin miners sold as much tokens as they produced this year
According to Dunleavy, the constant dumping of newly mined bitcoin by miners has put downward pressure on the price of bitcoin.
Project News
The BNB Beacon Chain Testnet will be launched in January"einstein upgrade"Odaily news BNB beacon chain test network will be launched in January
. According to reports, the BNB beacon chain testnet will be launched at block heights 34,587,202 (expected at 11:00 on January 2, 2023, Beijing time) and 34,963,303 (expected at 12:00 Beijing time on January 2, 2023). 11:00 on Sunday) to perform two hard fork upgrades. This upgrade will introduce BEP 159, a permissionless validator election mechanism, anyone can pledge BNB to become a validator candidate, or delegate BNB to a trusted validator candidate.
Hardware wallet company OneKey launches built-in tool NFT PnL
Odaily news hardware wallet company OneKey tweeted that OneKey has launched the wallet built-in tool NFT PnL, users can use the PnL tool to analyze their NFT transaction history and income, and can directly use the calculator in the PnL module to buy and sell a single NFT Make earnings estimates.
Layer 2 network protocol Milkomeda already supports Celer message cross-chain framework
Odaily News Celer Network tweeted that Milkomeda, a layer-2 network protocol that provides EVM functions for non-EVM compatible chains, now supports the Celer Message Interchain (Celer IM) framework. DApps can be built using various cross-chain application logic, including exchange, governance, NFT bridging, and liquidity provisioning.
Odaily News Ethereum prediction platform Gnosis announced the launch of Gnosis Protocol. Gnosis Protocol is a completely permissionless DEX (decentralized exchange protocol) that supports a new mechanism of ring trading to maximize liquidity. Ring trades are order settlements that share liquidity across all orders, rather than for individual token pairs. The Gnosis Protocol specifically improves liquidity for illiquid or "long tail" tokens, such as prediction market outcome tokens, by facilitating transactions that are not normally possible with traditional trading protocols. The agreement not only executes all orders, but also executes them with the best possible order settlement.
For each executed trade, Gnosis Protocol charges a fee of 0.1% of the transaction volume and then converts all fees into OWL, a token generated by locking the Gnosis token GNO. 50% of the fee will be paid as a reward to the provider (solver) of the selected order settlement solution, while the remaining 50% of the fee will be burned. Fees are used both to incentivize open competition, where anyone can submit order settlement solutions for each batch of auctions and receive rewards, and to bring value to all GNO token holders.
Metaverse GameFi and NFT
French National Rugby League Launches NFT Platform Legendary Plays on Tezos
Odaily News The French National Football League launched the NFT platform Legendary Plays on Tezos. Play NFT is the key for users to access the Legendary Plays platform. For each series, a free Universal Plays will be created so that everyone can start collecting and accessing the platform. (xtz.news)
According to the official roadmap, the development of Homeland will last for 5 years and be carried out in 4 phases. The release of the Alpha version marks the official start of the first phase and Alpha Season 0, which is expected to last for one month.
Investment and Financing
Investment and Financing
Blockchain payment company Centbee completes $1 million Pre-A round of financing, led by Ayre Ventures founder Calvin Ayre
Founded by co-CEOs Lorien Gamaroff and Angus Brown, Cantbee is a blockchain payments company that offers a digital cash wallet. (finsmes)
Chain game Flappy Moonbird completes $6 million in financing, led by LinkVC
