| MassMutual Life Insurance Provides Bitcoin Exposure to Its Institutional Clients; Hackers Return Stolen Crypto Assets to Poly Network (August 12)

秦晓峰

Odaily资深作者

@QinXiaofeng888

2021-08-12 00:00

This article is about 3142 words, reading the full article takes about 5 minutes

The US Senate passed a $3.5 trillion budget plan.

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The US Senate passed a $3.5 trillion budget plan.

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MassMutual Life Insurance Partners with NYDIG to Provide Bitcoin Exposure to Its Institutional Clients

MassMutual has stepped up its commitment to Bitcoin through a further partnership with New York Digital Investment Group (NYDIG), with the two aiming to give the insurance giant’s institutional clients exposure to BTC. It is worth mentioning that this is not the first cooperation between the two companies. In December, MassMutual purchased $100 million worth of bitcoin through NYDIG for its general insurance accounts and acquired $5 million worth of shares in NYDIG. Founded in 1851, MassMutual is a U.S. mutual life insurance company with 5 million customers and manages more than $235 billion in insurance accounts. (Crypto Potato)

secondary title

digital currency

Elliptic: Hackers have returned $258 million worth of stolen crypto assets to Poly Network

Blockchain analysis firm Elliptic said on Twitter that so far, hackers have returned $258 million worth of stolen crypto assets to Poly Network.

$402 Billion Neuberger Berman Authorizes Funds to Invest in Regulated Bitcoin and Ethereum Futures

New York-based private investment firm Neuberger Berman has authorized one of its funds, the Neuberger Berman Commodity Strategy Fund, to invest in regulated bitcoin and ethereum, according to a filing with the U.S. Securities and Exchange Commission on August 11. futures. Additionally, the fund will invest indirectly in cryptocurrencies through investment vehicles such as trusts and exchange-traded funds. Neuberger Berman is said to have assets under management of $402 billion. (U. Today)

Block.one previously announced that it will pay $27.5 million to settle a class action lawsuit, and users have until November 8 to submit proof of claim forms

Data: Uniswap becomes the first DeFi protocol with a total historical revenue of more than $1 billion

The head of research at IntoTheBlock said that Uniswap has become the first DeFi protocol with a total historical revenue of more than 1 billion US dollars. The data is the sum of the fee income of V2 and V3 on the Ethereum mainnet (data on Optimism is not included), which is about 750 million respectively USD and USD 250 million, plus the actual total of Optimism including v1 and v3 is approximately USD 1.02 billion.

Data provided by the =XRPscan blockchain platform shows that in the past two weeks, Ripple Labs co-founder and former CTO Jed McCaleb sent about 80 million XRPs to crypto exchanges for sale, worth about $71,471,516. Researchers in the XRP community believe that McCaleb may sell out his XRP holdings in September this year, and his current tacostand wallet balance is 646,598,147.86282 XRP. (U. Today)

Blockchain industry

Blockchain technology firm Concordium and Swvl team up to develop blockchain-based public transport system

Concordium, a privacy-focused blockchain technology company, and Swvl, Inc., a Dubai-based provider of public transportation and shared mobility solutions, today announced a strategic partnership to develop a next-generation public transportation system using blockchain technology for the first time. Concordium will provide a blockchain-based technology platform aimed at upgrading the mass transit experience for Swvl's customers. The platform is designed to help solve the highly complex logistical challenges inherent in public transport, while advancing Swvl's efforts in decarbonisation and smart green mobility. (CoinQuora)

Investment and Financing

NEAR Ecological DeFi Hub NearPad Completes USD 2 Million Seed Round Financing, NGC, LD Capital and Others Participate

Encrypted asset trading platform FalconX completed a $210 million Series C round of financing, with participation from Tiger Global, Alimeter Capital, B Capital, and Sapphire Ventures, as well as the venture capital arm of American Express and Mirae Asset. After the investment, FalconX entered the ranks of unicorns with a valuation of US$3.75 billion. The trading platform has a monthly trading volume of US$10 billion, and the financing is used to operate the 24*7 market and explore new opportunities in decentralized finance and stablecoins. (The Block)

Sports merchandise retailer Fanatics completes $325 million financing, SoftBank participates

Sports merchandise retailer Fanatics completed $325 million in financing, with participation from SoftBank, Silver Lake, and Jay Z. The company's post-money valuation reached $18 billion. Michael Rubin, chairman of Fanatics, is transforming Fanatics into a more global market-focused digital sports company that can provide services in various fields (commodity, gaming, ticketing and NFT trading markets). In June of this year, Fanatics joined hands with Galaxy Digital and Gary Vaynerchuk to establish Candy Digital, a new company focused on sports NFT, and signed a cooperation agreement with MLB. In an interview with CNBC earlier, Michael Rubin said: Sports collectible NFT will create huge value. (CNBC)

Encrypted asset trading platform FalconX completes $210 million in Series C financing, with participation from American Express and others

global policy

According to foreign media reports, the U.S. Senate passed a $3.5 trillion budget plan to establish Biden's economic agenda. (First Finance and Economics)