Opensea completes $300 million financing at $13.3 billion valuation led by Paradigm and CoatueOpensea completes $300 million financing at $13.3 billion valuation led by Paradigm and Coatue；Terra’s New Proposal Proposes Over $139 Million in USDT and LUNA for Major DeFi Projects；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；Moonbeam Network is expected to be fully launched on January 11；BitDAO's new proposal proposes to create a zkSync ecological accelerator and provide $200 million in funding；Polygon Hermez is developing zkEVM and plans to launch the mainnet in Q2 2022；Yearn Finance passed the proposal of a new token economic model. In the future, YFI holders need to pledge tokens to participate in governance。
Bottom layer - public chain
Bottom layer - public chain
Terra’s New Proposal Proposes Over $139 Million in USDT and LUNA for Major DeFi Projects
Terra, the decentralized stablecoin issuer, has released a new proposal to expand its UST stablecoin cross-chain deployment to five major DeFi projects on Ethereum, Polygon and Solana, providing it with more than $139 million. UST and LUNA.
Terra’s Jan. 6 research article, “UST Goes Interchain: Degen Strats Part 3,” details how the $139 million in UST and its native stablecoin, LUNA, will be spent, and on which platforms if the proposal passes. The relevant details used above.
With each proposed deployment, Terra will deposit between $250,000 and $50 million in UST to increase the stability of each new collaborative project. Its main goal is to "bring excellent UST use cases to Ethereum DeFi". Governance participants will hold a vote on the proposal at a later date. (Cointelegraph)
Polkadot has launched the 7th Parachain Slot Auction
Polkadot’s 7th Parachain Slot Auction has started at 2:46 am on January 7, 2022. Composable Finance currently collects the most DOT among all active Crowdloan activities, followed by Centrifuge, Interlay, Nodle and Litentry. The seventh auction is expected to close on the evening of January 13. (Polka World)
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.
Harmony will allocate $50-100 million to the DAO in 2022 and launch a Bitcoin bridge
The blockchain sharding project Harmony has set many goals for 2022, mainly including: Its 2021Q4-2022Q3 budget is 380 million US dollars, it will fund 100 DAOs, allocate 500,000 to 1 million US dollars for each DAO, and 1,000 items Bonuses, a dozen partners, 100 ports, 500 new launches, 50 investments and 10 hackathons. The remainder of the fund, expected to be $200 million, will go into the network's treasury reserves.
According to Harmony, the funds will go to: Research DAO, which aims to bring the best results directly into production; Basic DAO, for income-at-will contributions; Wallet DAO, which aims to provide security for everyone; Liquidity DAO, which aims to It is organic market making.
Harmony will also launch a bitcoin bridge on January 24. This means users will be able to spend BTC on DeFi projects, although transaction fees and speed will depend on Harmony. (Daily Coin)
Moonbeam Network is expected to be fully launched on January 11
Moonbeam officially announced that Moonbeam Network will complete the final stage of the Polkadot launch process (full launch) on January 11, 2022 (expected). At that time, Moonbeam Network will remove Sudo (super account key) and enable balance transfer and EVM functions at the same time, which means that crowdlending participants will be able to receive rewards and pledge. Monbeam crowdlending participants will receive an initial 30% reward immediately after the network is fully launched on Polkadot. More reward distribution information will be announced in the near future.
Bottom-Layer2
Bottom-Layer2
News BitDAO and Matter Labs jointly launched a new proposal on "zkDAO Endowment", proposing to create and fund a zkSync ecosystem accelerator owned by the community, and provide $200 million to help start the zkSync ecosystem, empower builders, and help BitDAO and all DAOs grow.
The proposal aims to promote the scalability of Ethereum and adopt the Layer 2 scaling solution zkSync (for DApps, tools, exchanges, etc.). Allegedly, zkSync fully decentralizes its platform governance, and all development is open source, in line with the vision of the crypto community and BitDAO. Specifically, the team will provide general scaling solutions and tools for BitDAO and other DAOs.
Polygon Hermez is developing zkEVM and plans to launch the mainnet in Q2 2022
infrastructure components
infrastructure components
Multichain can realize the exchange of any assets of different chains
News Multichain creates a new scenario for cross-chain applications. Andre Cronje just announced that Multichain can realize the exchange of any assets of different chains in one transaction, such as any exchange of asset A of chain 1 to asset B of chain 2.
Multichain has reached a cross-chain cooperation with Sushiswap, and will promote the application on a large scale in the future, further break through cross-chain barriers, and provide lower threshold, efficient and safe cross-chain solutions.
Celer cBridge announced a partnership with Aurora to achieve better cross-chain bridging
The cross-chain bridge cBridge launched by Celer, a layer-2 expansion platform, announced a cooperation with Aurora, an EVM expansion network based on the NEAR protocol. Through this cooperation, users can cross-chain USDC, USDT and WETH between Aurora and 11 other chains already supported by cBridge. At the same time, Celer will work with Aurora to promote the "open native asset standard" in the Aurora ecosystem. This standard allows each protocol and chain to use multiple cross-chain solutions at the same time, and refuses to bind suppliers.
Cross-chain communication protocol Movr Network integrates Fantom into FundMovr
Application layer - DeFi
Application layer - DeFi
Aave Arc to Provide Access to Private DeFi Liquidity Pools for 30 Financial Institutions
Aave Arc, the licensed market based on Aave V2, has been officially released, and Fireblocks has included 30 financial institutions in the "whitelist". These institutions include Anubi Capital, Bluefire Capital (acquired by Galaxy Digital), Canvas Digital, Celsius, CoinShares, GSR, Hidden Road, Ribbit Capital, Covario, QCP Capital and Wintermute.
"Aave Arc allows institutions to interact with the Aave protocol just like any other user, but in their own independent, permissioned liquidity pool, each verified by each user," said Aave founder and CEO Stani Kulechov. "
So far, $75 million has been raised through token sales, with participation from Commonwealth Asset Management LP, Tagus, Tiger Global, and executives from Golden Tree Asset Management.
Serum is financing $100 million and plans to expand NFT, metaverse and other businesses
The team behind Serum, a Solana-based decentralized exchange, is raising $100 million to expand its business. The Incentive Ecosystem Foundation (Incentive Ecosystem Foundation) is raising funds to hire staff and enter new product verticals, including "NFT, games, metaverse and DAO tools."
So far, $75 million has been raised through token sales, with participation from Commonwealth Asset Management LP, Tagus, Tiger Global, and executives from Golden Tree Asset Management.
Andre Cronje is suspected of launching a new DeFi 2.0 product
Andre Cronje, the founder of Yearn.finance, tweeted "ve(3,3)", and it is suspected that he will release a new DeFi 2.0 product.
It is reported that (3,3) is often used as a community Meme symbol for projects related to DeFi 2.0 (such as OHM, etc.).
A few days after becoming the second largest DeFi agreement by TVL, the total locked volume (TVL) of Convex Finance has exceeded 20 billion US dollars on Sunday (January 2).
DeFi Llama data shows that the TVL of the platform after its launch in May 2021 was $68 million, surpassing some earlier projects in the following months. It took the project one month to reach $1 billion TVL and five months to reach $10 billion. Increased market demand for the product has resulted in $10 billion in new liquidity in the past two months.
The co-founder and CEO of the DeFi aggregator project Zapper announced the project’s plans for 2022 on Twitter, including launching mobile applications, NFT search/discovery tools in Q1, launching Zapper “App Store” and web3 in Q1 or Q2 Activity source, launch the third quarter NFT activities in Q2 or Q3, and also plan to launch custom wallet configuration files, value social graphs, etc.
Avalanche's one-stop trading platform Trader Joe released the 2022 Q1 roadmap
Avalanche's one-stop trading platform Trader Joe released the 2022 Q1 roadmap:
1. Rocket Joe, which is a liquidity startup platform, will facilitate the fair and equitable distribution of newly issued tokens and expand the JOE token ecosystem by providing users with more utility and options for JOE tokens.
2. Adjust the token economy. The current xJOE token economics does not encourage the holding of JOE tokens through the DEX and Lending protocols. The existing token economy design will be overhauled to encourage sticky capital by providing more staking options and benefits to meet the needs of various users.
3. Decentralized marketplace: Support NFT/Metaverse culture on Avalanche. Originally scheduled to launch in December, the JOEPEG series has now been delayed until the first quarter of 2022.
Arweave Ecological Decentralized Trading Platform Verto Exchange Launches Web3 Execution Machine 3EM
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.
Application layer-NFT
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.
OpenSea is in talks to buy Dharma Labs
According to foreign media Axios reports, NFT trading market OpenSea is negotiating to acquire Crypto digital wallet Dharma Labs. Terms of the deal, which is still being finalized, are said to be an all-stock deal worth $110 million to $130 million. Founded in 2017, Dharma Labs has previously raised about $15 million from investors including Green Visor Capital and Coinbase Ventures. (Axios)
On January 4, the NFT market LooksRare announced that it will be officially launched in the near future. LooksRare said that after the launch of the NFT market, users will be allowed to trade NFTs with ETH and WETH as Tokens, and use WETH to quote NFTs. In addition, LooksRare allows users who trade on the platform to earn daily trading rewards while earning platform trading fees.
NFT social platform Showtime is officially launched
On January 4th, according to official news, the NFT social platform Showtime was officially launched today. The platform is based on the Polygon network and supports free NFT casting and listing without gas fees. Earn royalties instantly through the on-chain royalty standard, and a single project supports up to 10,000 versions. Previously, according to Alex Masmej, CEO of NFT social platform Showtime, Showtime will establish an NFT market on Polygon and launch a mobile app.
Samsung said in a press release that it will provide an "NFT aggregation platform" on its MicroLed, Neo QLED, and The Frame smart TV models in 2022, allowing users to browse and purchase NFT directly. The platform imports NFTs from multiple marketplaces, so users can preview artwork and view other relevant details, such as the creator of the work and associated blockchain metadata. Users who already own NFTs can also use the platform to showcase their collections.
News Bilibili Digital Collection announced the release of the first digital art avatar - Gede, and officially opened registration. The whole network is limited to 2233, and each Gede head portrait has a unique number and style, including rare ones. Note: This event is only open to LV6 users who visit Station B every day in 2021.
"Boring Ape" BAYC's total transaction volume exceeded 1 billion US dollars
On January 4th, according to NFTGO data, the total transaction volume of the "Boring Ape" Bored Ape Yacht Club NFT project has exceeded US$1 billion. At the time of writing this article, it was US$1.02 billion, with a market value of US$647.35 million and a current floor price of 71.5 ETH.
Doodles will allow users to mint Space Doodles for free in February
Doodles founder Poopie.eth tweeted that Doodles will allow users to mint Space Doodles for free in February. It's innovative and non-dilutive, meaning the team doesn't add more NFTs to the circulating supply. According to reports, a Space Doodle is supported by Doodle 1:1. At any time, there can only be one of them in the user's wallet, which can be wrapped/unwrapd at any time.
The team improved on an existing technology known as Wrapped NFT, which was invented by a CK community developer (Kabciane) while leading CryptoKitties at Poopie.eth, including additional visual features and on-chain properties.
Mintable wants to acquire NFT project Pudgy Penguins for 750 ETH
Zach Burks, founder of the NFT market Mintable, tweeted that Mintable hopes to acquire the NFT project Pudgy Penguins at a price of 750 ETH, including Pudgy Penguins (fat penguins), Lil Pudgy (little chubby penguins) and other Penguins derivatives.
Zach Burks said that after the successful acquisition, Mintable will build Pudgy Penguins into the largest NFT community and expand Penguins into a large game. In addition, Mintable will establish a DAO for Pudgy Penguins, and Pudgy Penguins will appear in other metaverse projects, games, and even Hollywood movies, and all income will be shared with DAO members.
Phanta Bear NFT roadmap will be released tomorrow
According to official news, the Ezek platform, which focuses on creating a new generation of trendy art entertainment experience, announced that it will release the Phanta Bear NFT roadmap tomorrow.
According to previous news, Jay Chou's trendy brand PHANTACi released the Phanta Bear series NFT on the Ezek platform.
Jay Chou changed his Instagram avatar to a Phanta Bear NFT work
Jay Chou changed his Instagram avatar to the Phanta Bear NFT series, and said, "In 2022, change the avatar for a few months first, and feel the feeling of the metaverse."
Huang Licheng presented BAYC#3738 to Jay Chou
News OpenSea data shows that Huang Licheng (wallet address label is MachiBigBrother) recently presented BAYC#3738 to Jay Chou. After inquiry, the address of the recipient is 0x1087f515f7faae8b35045e91092ea8878b757849, and its collection includes the work of PHANTA BEAR #10000, which Jay Chou previously replaced on Instagram. The current BAYC floor price is 72 ETH.
JJ Lin showcases Phanta Bear NFT on Instagram
JJ Lin showing off his Phanta Bear NFT on Instagram.
Edison Chen showcases Phanta Bear NFT on Instagram
Trendy artist Edison Chen posted the Phanta Bear NFT image for the first time on Instagram.
Yi Jianlian changed his Instagram avatar to the work of MetaRim, an NFT mecha project
Yi Jianlian, a former NBA star and current member of the Chinese men's basketball national team, followed the NFT mecha project MetaRim on Instagram, and put on the NFT avatar of the Chinese mecha.
It is reported that MetaRim is an NFT project based on the BSC chain. It was announced not long ago that Hayao Miyazaki's ten paintings will be used as background images and will be released simultaneously with the project at 16:00 on January 5.
XCOPY's NFT work "All Time High in the City" was sold at a price of 1630 ETH
Application Layer - Game
Application Layer - Game
Australian Open announces it will host matches on Decentraland
A few days ago, the Australian Open (AO) announced that this year's tournament will also be held on the metaverse platform Decentraland. Tennis fans will further participate by purchasing NFTs tied to live match data. Visitors to the Decentraland tournament will be able to explore the 3D virtual reality platform, view the main stadium, Rod Laver Arena and its grounds, play at the children's baseball field and explore nearby restaurants, all while watching a tennis match. It was reported in the morning that the Australian Open will release 6,776 NFTs. (Forkast)
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)
Blockchain Game Association YGG Has Raised $1.4 Million to Help Typhoon Victims in the Philippines
News On December 16, 2021, the typhoon landed in the Philippines, and its continuous attack for several days caused 334 cities to fall into a state of disaster. According to the Philippine National Disaster Risk Reduction and Management Council, as of January 1, more than 4 million people have been displaced or injured, 407 people have died and 88 people are missing.
security incident
security incident
The NFT project Bored Bunny is suspected to be a "Rug Pull" (carpet pulling) project. Some netizens said that the 2,000 ETH raised have been transferred out, and some of them have been transferred to Binance. In addition, this address had a similar behavior 1-2 months ago, and it was associated with 2 almost zero NFT projects. At present, Bored Bunny's Discord has closed the speaking authority of all channels for everyone.
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.
Cryptocurrency exchange LCX tweeted an update about a security incident. Officials stated that one of LCX's hot wallets was attacked, and the team has taken security measures to protect other wallets and assets. Assets based on the Ethereum blockchain such as ETH, USDC, EURe, LCX and others have been moved to the hacker’s ETH wallet address: 0x165402279F2C081C54B00f0E08812F3fd4560A05.
According to the LCX and hacker addresses published by Paidun, the address marked "LCX 2" has successively transferred dozens of assets such as ETH and LCX to the hacker address starting with "0x1654" since 6:29 Beijing time. The assets have been sold as ETH and transferred through Tornado.Cash, and the cumulative loss value may exceed 6 million US dollars.
StoboxCompany Hacked, Officials Urge Users to Stop Trading
On January 7, PeckShieldAlert tweeted that the digital asset service provider StoboxCompany was hacked, and the official stated that the private key had been leaked. Currently, its tokens have fallen by 96.93%.
StoboxCompany officially stated that the deployer address of Stobox Token was hacked. Since the deployer addresses of ETH and BSC are the same, all reserve funds have been stolen or liquidated. Users are reminded to stop buying/selling, and the official will restore the STBU snapshot to the hacker The last transaction before the attack.
CertiK: The TRUMPCoin project has high risks, please do not interact
CertiK, a blockchain security company, tweeted that a project called TRUMPCoin was detected to be high-risk, and the privileged function appeared in the contract with unlimited minting privileges. CertiK reminds users not to interact.
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