headlines
On January 6, the digital asset bank Sygnum announced the completion of financing of US$90 million at a valuation of US$800 million. This round of financing was led by Sun Hung Kai, with participation from Animoca Brands and Meta Investments. Sygnum plans to use the proceeds to develop new products for institutional clients, including yield generation and asset management solutions, according to the statement. As previously reported, in June last year, Sygnum launched the custody and trading of a series of decentralized finance (DeFi) tokens, including Aave, Aragon, Curve, MKR, Synthetix, Uniswap, and 1inch Network. Sygnum also added banking services to USDC. (BNN Bloom Berg)
On January 6, the digital asset bank Sygnum announced the completion of financing of US$90 million at a valuation of US$800 million. This round of financing was led by Sun Hung Kai, with participation from Animoca Brands and Meta Investments. Sygnum plans to use the proceeds to develop new products for institutional clients, including yield generation and asset management solutions, according to the statement. As previously reported, in June last year, Sygnum launched the custody and trading of a series of decentralized finance (DeFi) tokens, including Aave, Aragon, Curve, MKR, Synthetix, Uniswap, and 1inch Network. Sygnum also added banking services to USDC. (BNN Bloom Berg)
cryptocurrency
WeChat releases music NFT collections
The reporter learned that at the scene of the 2022 WeChat open class, WeChat released a collection of music NFT collections for the guests present. A total of 600 copies of the collection were issued, only for those present. Tencent Cloud's "Zhixin Chain" provided blockchain underlying technical support for this event. (Science and Technology Innovation Board Daily)
A few days ago, digital asset mining company Core Scientific revealed that a total of 1,044 bitcoins were mined in December, and the total number of bitcoins mined for the year reached 5,769. At the end of the year, Core Scientific held 5,296 BTC (approximately $248 million at current prices), according to Wednesday’s announcement. Core Scientific’s total mined in 2021 surpassed Bitfarms’ and Marathon Digital’s 3,452 and 3,197. It is reported that Core Scientific operates approximately 67,000 ASICS mining machines with a computing power of 6.6 EH/s. (coindesk)
digital currency
By the end of 2021, HUT 8 holds 5518 BTC
Publicly listed bitcoin mining firm Hut 8 said in a statement Wednesday that it now has 5,518 BTC in reserve, a 97% increase since the end of 2020. The company mined an average of 8.9 BTC per day in December, out of a total of 276 BTC that month. Following its "hodl" strategy, Hut 8 said it had placed all bitcoin produced during this period into escrow.
digital currency
NFT
OpenDao core contributor 9x9x9 said on Twitter that the Pudgy Penguins (fat penguins) team has taken away all the raised ETH, and hopes to resell the project to him at a price of 888 ETH. He stated that the funds raised by Fat Penguin in multiple rounds were illegal, and asked to create a DAO, the founders returned all the ETH raised, the community voted how much time they invested, and paid them for the work they deserved.
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OpenDao Core Contributor 9x9x9: The Pudgy Penguins team has swept away all the raised ETH
OpenDao core contributor 9x9x9 said on Twitter that the Pudgy Penguins (fat penguins) team has taken away all the raised ETH, and hopes to resell the project to him at a price of 888 ETH. He stated that the funds raised by Fat Penguin in multiple rounds were illegal, and asked to create a DAO, the founders returned all the ETH raised, the community voted how much time they invested, and paid them for the work they deserved.
Coinlist releases the first NFT, and the 3,000 users with the highest ranking are eligible for airdrops
Circle Product Director: Everything will be NFT in 2022
Metaverse
Enjin will set up its headquarters in the metaverse project Bloktopia
The Polkadot project Enjin has announced that it will launch its new headquarters in the metaverse project Bloktopia. This new space aims to showcase its growing NFT ecosystem and projects. Enter the metaverse by setting up your headquarters in Bloktopia, a new way to host events and explore to keep your community engaged. It is reported that in November last year, Enjin established a $100 million Efinity Metaverse fund, which plans to subsidize Enjin ecological developers to build a metaverse. (cryptoslate)
Investment and Financing
Tribal Credit Completes USD 40 Million in Debt Financing, Partners for Growth and SDF Participate
Tribal Credit, a cryptocurrency-focused corporate payment platform, has completed a $40 million debt offering, funded through fiat currencies and stablecoins, to provide additional capital for the company's expansion of business services in Latin America.
Tribal Credit Completes USD 40 Million in Debt Financing, Partners for Growth and SDF Participate
Pocket Network completes $10 million in financing, led by Republic Capital and others
Pocket Network, a blockchain infrastructure project, completed a $10 million strategic round of financing, led by Republic Capital, RockTree Capital, Arrington Capital, and C² Ventures, with participation from Coinshares, Decentral Park Capital, and Dominance Ventures.
Pocket Network will use the funds raised to fund the development of its decentralized node network and also plans to use it to expand its operations into the Asia-Pacific region. (Cryptobriefing)
CryptoSlam Closes $9M Funding Led by Animoca Brands
On January 6, NFT data aggregator CryptoSlam received $9 million in financing, led by Animoca Brands, Mark Cuban, Sound Ventures, Binance Smart Chain, Stocktwits, Reid Hoffman, founder of recruitment website LinkedIn, and Mark Cuban, founder of Zynga, an American mobile game company Pincus and The Sandbox co-founder Sebastien Borget participated in the round. It is reported that CryptoSlam was established in 2018 to provide NFT cross-chain aggregation and data ranking. The newly raised funds will be used for recruitment programs, platform expansion. CryptoSlam is expected to launch a new product to allow developers to build enterprise NFT data APIs on the platform. (Yahoo)
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CryptoSlam Closes $9M Funding Led by Animoca Brands
On January 6, NFT data aggregator CryptoSlam received $9 million in financing, led by Animoca Brands, Mark Cuban, Sound Ventures, Binance Smart Chain, Stocktwits, Reid Hoffman, founder of recruitment website LinkedIn, and Mark Cuban, founder of Zynga, an American mobile game company Pincus and The Sandbox co-founder Sebastien Borget participated in the round. It is reported that CryptoSlam was established in 2018 to provide NFT cross-chain aggregation and data ranking. The newly raised funds will be used for recruitment programs, platform expansion. CryptoSlam is expected to launch a new product to allow developers to build enterprise NFT data APIs on the platform. (Yahoo)
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New York Mayor: I'm Looking Forward To My First Bitcoin Salary
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