| Sequoia China may part ways with its US headquarters next year; The Sandbox plans to migrate to Polygon next year and launch DAO (December 31)

秦晓峰

Odaily资深作者

@QinXiaofeng888

2021-12-31 00:00

This article is about 3840 words, reading the full article takes about 6 minutes

In total, BTC miners have earned nearly $38 billion over the past 13 years.

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In total, BTC miners have earned nearly $38 billion over the past 13 years.

headlines

The Information: Sequoia China may part ways with its US headquarters next year, and Sequoia Capital will transform into an open-end fund
According to The Information, due to macro policy reasons, Sequoia China and its head office in the United States may part ways in 2022, and funds from the United States may gradually withdraw from China. At that time, venture capital LPs (limited partners) in regions outside the United States (Middle East, etc.) will be crucial, and many VCs (venture capital institutions) in the encryption industry will invest more in sovereign funds.
secondary title

Co-founder of The Sandbox: Plan to migrate to Polygon in 2022 and launch DAO

Sebastien Borget, co-founder and chief operating officer of Ethereum-based metaverse game The Sandbox, said in an interview that in 2022, the game will launch a game testing period similar to the Alpha season every few months to learn from the plot (LAND) ) owner for more feedback. We will also migrate The Sandbox to Polygon to reduce high transaction fees and network congestion when interacting with the game.
Additionally, Borget said The Sandbox will launch a DAO for LAND owners in 2022. Once creators who hold LAND are able to build and share their interactive experiences, and the game migrates to Polygon, The Sandbox will be more widely available to the public, even for players who don’t own LAND, Borget said. (Decrypt)

cryptocurrency

MicroStrategy announced the purchase of another 1,914 BTC at an average price of $49,229

On December 30, MicroStrategy bought another 1914 bitcoins for about $94.2 million in cash at a unit price of $49,229. As of December 29, 2021, MicroStrategy owns 124,391 bitcoins worth $3.75 billion at an average price of $30,159 per bitcoin.

Binance Announces Acquisition of Swipe's Remaining Outstanding Shares

On December 30, Binance announced the acquisition of the remaining outstanding shares of Swipe. After completing the purchase of the remaining outstanding shares, Swipe CEO Joselito Lizarondo will step down and leave Binance. According to the announcement, in July 2020, Binance had acquired a majority stake in Swipe. After this announcement, Swipe’s native token SXP rose by 30% in a short period of time, and its current price is $1.9. It is reported that Swipe is a cryptocurrency Visa card issuance platform, and users can instantly use cryptocurrency at more than 70 million locations around the world.

Data: Exchange ETH balance hits 1-month high

According to Glassnode data, the ETH balance on the exchange reached a new high of 1 month, which was 14541713.244 ETH.

Gnosis ecological DEX CowSwap will issue airdrops to GNO holders

Gnosis Chain (formerly xDai Chain) tweeted that Gnosis ecological DEX CowSwap will issue airdrops to holders of Gnosis native token GNO. CowSwap will take a snapshot of user addresses on January 9, 2022. Gnosis reminds users to exchange STAKE for GNO as soon as possible to get the airdrop.

On December 30, Jameson Lopp, the founder of the encrypted wallet service Casa, tweeted that Bitcoin miners have earned nearly $38 billion in the past 13 years, and this number continues to increase. Jameson Lopp emphasized that this figure is based on the assumption that miners will sell all BTC in legal tender, but this will certainly not happen because miners are all HODLers.

Blockchain industry

Investment and Financing

DeFi Startup Umee Announces $32 Million Funding

On December 30, Umee, a DeFi startup, announced the completion of $32 million in financing. In June of this year, its seed round financing was US$6.3 million, with participation from Polychain, Coinbase and others. Umee CEO Brent Xu said the team plans to use the newly raised funds to expand the engineering team, while expanding its legal compliance resources through marketing, expanding the underlying infrastructure and growing the global community.
It is reported that Umee is building a "cross-chain DeFi center", which will accommodate the initial tools built by Umee and train developers on the basis of the initial products, focusing on creating tools for cross-chain interest rates, cross-chain leverage and multi-chain mortgages. The team plans to launch the mainnet in mid-February 2022. (the block)

It is reported that Umee is building a "cross-chain DeFi center", which will accommodate the initial tools built by Umee and train developers on the basis of the initial products, focusing on creating tools for cross-chain interest rates, cross-chain leverage and multi-chain mortgages. The team plans to launch the mainnet in mid-February 2022. (the block)

The Avocado Guild has raised more than $17 million through a First Release Auction (TLA) at Copper Launch. The Avocado DAO Token (AVG) auction lasted for 5 days from December 27th and is still ongoing. According to previous reports, Avocado Guild, a P2E game association, completed its Series A financing of US$18 million at a valuation of US$200 million. Animoca Brands led the investment, and Three Arrows Capital, Golden Tree Management, Solana, LD Capital, Hashed, Binance Capital Management, etc. participated in the investment.

Metaverse infrastructure project Overeality completes $5 million in financing led by Danhua Capital

It is understood that the founding team of Overeality mainly comes from top scientific research institutions such as UC Berkeley, Stanford, and MIT, and has rich blockchain infrastructure research and development technology and entertainment industry brokerage and operation experience.
It is understood that the founding team of Overeality mainly comes from top scientific research institutions such as UC Berkeley, Stanford, and MIT, and has rich blockchain infrastructure research and development technology and entertainment industry brokerage and operation experience.

global policy

Russia Establishes Crypto Regulatory Working Group to Develop Crypto Regulatory Proposals
On December 30, foreign media reported that the Russian government established a working committee in the Duma, which held its first meeting with financial experts and legislators from the Bank of Russia, and began to formulate encryption regulatory proposals, which will be announced on December 2 next year. to be brought to parliament for a vote sometime this month.

Russian Duma deputy speaker Alexey Gordeev, head of a working group of experts and legislators at the Central Bank of Russia, said that Russia’s cryptocurrency legislation passed in January did not address the latest developments in the industry and the need for a more comprehensive regulatory framework. The crypto regulation working group proposal is expected to receive its final version in February before being submitted to the Russian Duma for discussion and a vote. (notebookcheck)

South Korean crypto trading platform expected to ban transfers to unverified wallets after March 25 next year
Major South Korean cryptocurrency exchanges including Upbit, Bithumb and Korbit will follow in Coinone's footsteps by banning transfers to unverified wallets to help the country comply with FATF's Travel Regulations, South Korean blockchain industry analyst Jun Hyuk Ahn said. Rule guide.
All South Korean exchanges, including Upbit, Bithumb, Korbit, and 20 others, are expected to implement similar or identical measures to Coinone on or before March 25. The South Korean government has set deadlines for exchanges to accurately track token sending and receiving transactions on crypto platforms. (Cointelegraph)