| Meta plans to launch the NFT market; LOOKS breaks through 7 USDT, a record high (January 21)

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Meta plans to let users display NFTs on Facebook and Instagram, and discusses launching an NFT marketplace

Meta plans to let users display NFTs on its social platforms Facebook and Instagram, several people familiar with the matter said. Also working on a prototype to help users mint NFTs.
Meta plans to let users display NFTs on Facebook and Instagram, and discusses launching an NFT marketplace

cryptocurrency

Meta plans to let users display NFTs on its social platforms Facebook and Instagram, several people familiar with the matter said. Also working on a prototype to help users mint NFTs.

Meta has also discussed launching a marketplace for users to buy and sell NFTs, two of the people said. (Financial Times)

cryptocurrency

LOOKS breaks through 7 USDT, a record high

The Ouyi OKX market shows that LOOKS has broken through 7 USDT in the short term, hitting a record high; it is now at 7.0538 USDT, an intraday increase of 3.12%.

Whale accumulates 40,000 BTC before Bitcoin tops $42,000

Santiment data shows that Bitcoin whales accumulated 40,000 BTC in the past two days before the recent rally to $42,000. Santiment pointed out that the BTC holdings of these whales are back to the level they were when BTC sold off at $49,000. (U. Today)

According to a recent Finder report, as of December 2021, 31.6% of cryptocurrency holders in the United States own Dogecoin. Among all the countries adopting Dogecoin, the United States is the country that favors Dogecoin the most. Notably, Australia comes in second with 29% Dogecoin ownership, followed by Norway at 27.4%. Interestingly, according to the study, of the 27 countries surveyed, Japan has the lowest Dogecoin holdings. Overall, Dogecoin holdings in each country averaged 18.5%. (Finbold)

1inch Network has been deployed on Avalanche and Gnosis Chain

Bitwise survey: In 2021, 94% of financial advisors will receive inquiries from clients about cryptocurrencies

Bitwise Asset Management yesterday released the results of the Bitwise/ETF Trends 2022 Benchmark Survey of Financial Advisers’ Attitudes toward Cryptocurrency Assets, in which more than 600 financial advisers participated. The key results are as follows: advisors allocating to cryptocurrencies are up over 65%; client interest in cryptocurrencies has skyrocketed; clients are no longer just looking at bitcoin; the wait for spot ETFs continues; advisors are increasingly bullish on cryptocurrency valuations value; regulation and market volatility have kept some advisers on the sidelines. (Business Wire)

According to official news, 1inch Network announced that it has been deployed on Avalanche and Gnosis Chain (formerly xDai Chain), aiming to provide users with more fast and cheap transaction options.

GameFi and NFTs

SHIB developers are working on a new token burn mechanism

Bigger Entertainment owner Steven Cooper mentioned in a recent Twitter discussion that SHIB developers are working hard to build new mechanisms to create more ways to destroy SHIB. Cooper also encouraged the community to purchase tickets to the destruction party on February 14. The money will be used to buy SHIB, which will then be burned on Valentine's Day. Meanwhile, the circulating supply continued to decrease as nearly 110 million SHIB were burned during the weekend. (U. Today)
GameFi and NFTs

Binance Labs Invests in Game Metaverse Platform StarryNift 3D Pavilion Opens

StarryVerse, the Web3 co-creation space of the NFT gamification platform StarryNift, has opened a 3D exhibition hall on January 20. The exhibition displays the most popular NFT voted by the StarryNift community, the works of joint creation artists, etc., and supports players to use VR equipment for immersive enjoyment The 3D metaverse.
StarryNift has recently received strategic investment from Binance Labs and BSC Fund. The two parties will provide professional advice and resources for StarryNift to support the continuous growth of the project. The official announcement will be released at the end of January. After obtaining financing, StarryNift will accelerate the pace of platform development and build an NFT market. It will also combine the P2E game elements in Axie Infinity and the 3D space elements in Sandbox to create a 3D metaverse integrating GameFi and SocialFi, providing players with High-quality social, gaming, and co-creation experience, and will introduce a decentralized autonomous organization (DAO) mechanism to create a high-quality NFT metaverse ecology.

Bybit officially launched the NFT platform Bybit NFT Marketplace, which supports Bybit spot account trading

Currently, Bybit has reached cooperation with Monsters Galaxy, ONBD and REALY and introduced their exclusive NFTs. In the future, Bybit will plan and launch exclusive and valuable NFTs from emerging artists, well-known celebrities and athletes, and provide blind boxes for users to purchase .

Investment and Financing

"Broken Girls" star Kat Dennings replaced her Twitter avatar with a Crypto Coven series NFT

Investment and Financing

NFT platform Autograph announced the completion of $170 million in Series B financing, led by a16z and Kleiner Perkins

a16z plans to raise $4.5 billion for a new cryptocurrency fund, more than doubling the amount it raised less than a year ago. a16z plans to raise as much as $3.5 billion for its latest cryptocurrency venture fund and up to $1 billion for another fund focused on seed investments in digital asset startups, people familiar with the matter said. (Financial Times)

Stader Labs completes $12.5 million in private equity financing at a valuation of 450 million, led by Three Arrows Capital

Autograph, a sports and entertainment NFT platform founded by American football player Tom Brady, announced the completion of $170 million in Series B financing, led by Andreessen Horowitz (a16z) and venture capital firm Kleiner Perkins, Nicole Quinn of 01A, Lightspeed Partner and former a16z executive Katie Haun Wait to vote. (The Block)

Digital asset trading company BlockFills completes $37 million in Series A financing led by CME Ventures and others

Stader Labs, a cryptocurrency mortgage management platform, announced on Thursday that it completed a $12.5 million private placement financing at a valuation of 450 million. Three Arrows Capital led the investment, Blockchain.com, Accomplice, DACM, GoldenTree Asset Management, Accel, Amber, 4RC, Figment and many others Angel investors participated. The new financing will be used to accelerate Stader Labs’ cross-chain expansion and develop its third-party ecosystem to develop staking applications utilizing the decentralized Stader infrastructure. (Cointelegraph)

STEPN Closes $5 Million Seed Funding Led by Sequoia Capital and Folius Ventures

Digital asset trading company BlockFills announced the completion of $37 million in Series A financing, led by Susquehanna Private Equity Investments LLLP, CME Ventures, Simplex Ventures, C6 Ventures, and Nexo Inc. According to the official statement, the new financing will be used to promote Blockfills’ global expansion and launch new technologies aimed at attracting global Fortune 500 companies, hedge funds/asset management companies, banks and other institutions to enter the digital asset field and mining machine development . (Cointelegraph)

Decentralized storage network Aleph.im raises $10 million led by Stratos Technologies

According to official news, the Move to Earn game STEPN announced the completion of a $5 million seed round of financing, led by Sequoia Capital and Folius Ventures, Solana Capital, Alameda Research and other institutions also participated in this round of financing. With the new financing, STEPN plans to develop and release new features in the next few months, including social elements, NFT achievement system, NFT sneaker rental system, etc. The team is also constantly receiving feedback from the community and carefully designing its token economics.

Shakepay completes $35 million Series A financing at a valuation of $251 million, led by QED Investors

Shakepay completes $35 million Series A financing at a valuation of $251 million, led by QED Investors

global policy

Canadian encryption trading platform Shakepay completed a $35 million Series A round of financing at a valuation of $251 million. QED Investors led the investment, Golden Ventures, Broadhaven, entrepreneurs Henri Machalani and Mike Murchison, and the head of digital products at Shopify participated in the investment. As part of the financing agreement, QED Investors partner Matt Burton will join Shakepay's board of directors. (Cointelegraph)

global policy

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Central Bank of Russia: No Proposal to Ban Owning Crypto Assets

Russia's central bank will seek comments on cryptocurrency proposals until March 1. The Russian central bank said it has not proposed a ban on owning crypto assets and has not discussed a ban on cryptocurrency mining with the government. (Golden Ten)

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New York City Mayor Receives First BTC and ETH Salary.