headlines

Opensea completes $300 million financing at $13.3 billion valuation led by Paradigm and Coatue

Opensea announced the completion of a $300 million Series C financing at a post-money valuation of $13.3 billion, led by Paradigm and Coatue. It is reported that the main uses of the funds include accelerating product development, significantly improving customer support and customer security, making meaningful investments in the wider NFT and Web3 community, and developing the team.
At the same time, Opensea also announced that Shiva Rajaraman, Meta's former vice president of business, has now served as the company's vice president of product. The company will continue to focus on lowering the barrier to entry for NFTs by introducing features that abstract away the complexity of the blockchain and simplifying the process to help people discover, manage and showcase their NFTs with better tools, analytics and demos. As previously reported, Opensea was valued at $1.5 billion in its Series B round of financing completed in July last year.

cryptocurrency

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headlines
Opensea completes $300 million financing at $13.3 billion valuation led by Paradigm and Coatue

Opensea announced the completion of a $300 million Series C financing at a post-money valuation of $13.3 billion, led by Paradigm and Coatue. It is reported that the main uses of the funds include accelerating product development, significantly improving customer support and customer security, making meaningful investments in the wider NFT and Web3 community, and developing the team.

At the same time, Opensea also announced that Shiva Rajaraman, Meta's former vice president of business, has now served as the company's vice president of product. The company will continue to focus on lowering the barrier to entry for NFTs by introducing features that abstract away the complexity of the blockchain and simplifying the process to help people discover, manage and showcase their NFTs with better tools, analytics and demos. As previously reported, Opensea was valued at $1.5 billion in its Series B round of financing completed in July last year.

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Anonymous Whale and Robinhood Transfer Over 1 Billion Dogecoins in One Day

NFT

According to DogeWhaleAlert monitoring data, in the past 24 hours, anonymous giant whales have transferred a total of 1.049 billion Dogecoins through 15 transactions, worth more than 100 million US dollars, some of which Robinhood is both the sender and the receiver.

Currently, Robinhood holds a total of 42,514,935,864 Dogecoins on behalf of its investors, or approximately $7,285,316,895, accounting for 32.05% of the current total Dogecoin circulation. (U. Today)

Data: Approximately 76% of the Bitcoin Supply in Circulation Is Currently Illiquid

While Bitcoin has been trading sideways so far this year, more Bitcoin has become illiquid, according to Glassnode’s on-chain analysis. Growth in illiquid supply has been accelerating and now accounts for 76% of total circulating supply, more than three-quarters. These numbers show that more bitcoins are being moved into vaults, suggesting an increase in people’s holding habits and accumulation. The drop in highly liquid supply also hints that a massive sell-off may not occur in the near future. The current supply held by long-term holders is 13.35 million BTC, down just 1.1 percent from October’s high of 13.5 million. Glassnode defines these long-term holders (LTH) as wallets or accounts that hold their bitcoins for more than 155 days. (Cointelegraph)

Data: Crypto funds will attract $9.3 billion in inflows in 2021

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DAO

The Bruce Lee Family Company and NFT platform Ethernity will release the first Bruce Lee NFT series "The Formless Form"

On January 8th, Bruce Lee (Bruce Lee) family company and NFT platform Ethernity will release Bruce Lee's first NFT series "The Formless Form". The announcement stated that the NFT series was inspired by Bruce Lee's philosophy and teachings. Waiting for the artist to create. Shannon Lee, daughter of Bruce Lee and chairman and CEO of the Bruce Lee Family Company, said their artistic expression will help continue to spread the positive message of Bruce Lee's philosophy and teachings to the world in an authentic way. (News Bitcoin)
Add DAS to Instant Yellow Pages social media module to get NFT window in Instant App

Netizens in the Instant App community said that by adding DAS to the social media module of the Instant Yellow Pages, you can get an NFT showcase in the Instant App.

Adidas Originals NFT Collection Nears $60M in Sales
1. Meta transaction;

public chain

The Cosmos Theta upgrade is planned to be carried out in Q1, and functions such as NFT modules and cross-chain accounts will be enabled

Messari analyst Mason Nystrom tweeted that the Cosmos Theta upgrade (scheduled for Q1 in 2022) will bring huge changes. Specifically, the Cosmos Theta upgrade will potentially enable:
1. Meta transaction;
2. NFT module;
3. Cross-chain accounts;
4. Liquid pledge;
5. CosmWASM instance on the Hub;
6. Gravity Bridge upgrade.

Metaverse

2. NFT module;

Metaverse

Google invested US$40 million in Huahan, a subsidiary of Hon Hai Group, and will join hands to enter the metaverse market

On January 4, Ennoconn Corp, a subsidiary of Hon Hai Group, disclosed that Google had spent US$40 million to obtain a 4.6% stake in the company, becoming its third largest legal shareholder. The two parties will join hands to enter the metaverse market. (NetEase)

Investment and Financing

Livepeer completes USD 20 million B+ round of financing, with participation from Alan Howard and Tiger Global

The Sandbox announces the creation of Mega City in the Metaverse with Shu Qi and other Hong Kong partners

The land sandbox game TheSandbox announced that it has reached cooperation with a number of new partners from the film, music, entertainment, performance, finance, real estate and game industries to jointly create a large-scale cultural center MegaCity. New participants join The Sandbox's virtual world by earning LANDNFT in the Open Metaverse and create experiences in MegaCity. TheSandbox will launch a new round of LAND sales on January 13, 2022 for players to purchase LAND located near new partners. (Sandbox game Sandbox Chinese window)

Google invested US$40 million in Huahan, a subsidiary of Hon Hai Group, and will join hands to enter the metaverse market
Investment and Financing

global policy

Livepeer completes USD 20 million B+ round of financing, with participation from Alan Howard and Tiger Global

News Livepeer, a decentralized live video platform based on Ethereum, completed a $20 million B+ round of financing. Alan Howard and Tiger Global, as well as existing investors such as Digital Currency Group, Northzone, and Warburg Serres participated in the investment. Doug Petkanics, co-founder and CEO of Livepeer, said the new round of financing is also equity financing, bringing Livepeer's total funding to date to approximately $51 million. (The Block)

Australian telecommunications giant TPG successor and NFT investor Ishan Haque jointly launched a $50 million metaverse fund

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character * voice

global policy

Member of India's Monetary Policy Committee: It is difficult to implement a comprehensive encryption ban, and encrypted assets should be regulated