headlines
headlines
On January 26, the Inner Mongolia Development and Reform Commission announced that it will implement differential electricity prices for virtual currency "mining" projects, and include virtual currency "mining" projects in the implementation scope of differential electricity price policies, and implement electricity prices for "eliminated" enterprises. 1 yuan per kilowatt-hour. The Inner Mongolia Development and Reform Commission will update the list of virtual currency eliminated projects in a timely manner, and the power grid company will collect the price increase in full and timely according to the list of projects to ensure that the differential electricity price policy is strictly implemented.
Cryptocurrency exchange FTX US announced on Wednesday that it has completed a $400 million Series A round of funding, valuing it at $8 billion. SoftBank Vision Fund 2 (SoftBank Vision Fund 2), Temasek Holdings (Temasek Holdings), Paradigm, Multicoin Capital, Lightspeed Venture Partners and others participated in the investment. FTX US will use the funds to further expand its client base.
Leaked screenshots show OpenSea is adding Solana NFT and Phantom wallet support
According to screenshots disclosed on Twitter by well-known blogger and hacker Jane Manchun Wong, OpenSea is focusing on integrating Solana and will also add Phantom wallet support.
When asked for comment, an OpenSea representative called this "existing speculation," citing previous allegedly leaked screenshots showing the site would support Solana. (Decrypt)
According to the report, the main reason for Diem's failure was the resistance of the Federal Reserve. The Diem Association has actually reached a consensus with Silvergate Capital Corp. to issue Diem stablecoins, but it was resisted by the Federal Reserve Board (FED), which is almost equivalent to giving Diem the last blow. Federal Reserve officials told Silvergate Bank they were “uneasy” about the stablecoin project and could not assure the bank that such activity would be permitted.
cryptocurrency
cryptocurrency
The proposal to deploy Aave V3 to Fantom has been voted on
Deploying Aave V3 to Fantom Proposal voting has ended, with a support rate of 99.98%, so Aave will deploy Aave V3 to Fantom. The voting was initiated by the Fantom Foundation on Snapshot on January 18th and lasted for a week. The Fantom Foundation will provide its team of engineers to help with any integration and infrastructure issues that may arise. Once in operation, Aave will most likely receive the Fantom Incentive Program, which will reward up to 6 million FTMs per month.
Crypto.com EVM compatible chain Cronos announced the first batch of ecological funding projects
The funding plan selected 6 projects from more than 70 applications as funding targets, covering popular concept categories such as NFT, DeFi, and games, namely Agora, Chrtr, EntropyFi, Legends of Mitra (Gem Studios), Single Finance, and TheCronicle.
Blockscan, the team that created the Etherscan blockchain explorer, has released a beta version of Blockscan Chat. The information disclosed on the website’s homepage shows that Blockscan Chat is a messaging platform where users can easily and instantly message each other through wallet-to-wallet. The website reads: "To use it, you must be connected to an Ethereum wallet such as MetaMask. Message recipients with an Ethereum address will be notified via the block explorer (the message will not be made public on the block explorer) .”
Some community users have informally referred to the tool as "Ethereum Instant Messenger". Ryan Sean Adams of Bankless said users could even use the tool to communicate with hackers, which would be useful in situations where trying to negotiate the return of funds. (Decrypt)
Some community users have informally referred to the tool as "Ethereum Instant Messenger". Ryan Sean Adams of Bankless said users could even use the tool to communicate with hackers, which would be useful in situations where trying to negotiate the return of funds. (Decrypt)
Darwinia Network Wins 22nd Kusama Parachain Slots Auction
Rug Pull occurred on InfinityToken, and more than 1390 WBNB were lost
NFT
secondary title
Rick and Morty and Paradigm collaborate to develop NFT pricing mechanism CRISP
CRISP (Constant Rate Issuance Sales Protocol) refers to a fixed-rate issuance sales agreement designed to sell NFT at a target rate over time, allowing projects to more seamlessly sell a large number of NFT at a stable price over a long period of time. High or low depends on market demand. “We want to be able to quickly adjust the price when NFTs are selling too fast relative to the target price. The faster the sales compared to the target rate, the more we want to increase the price.” Through this mechanism, when demand decreases, NFT prices will slowly drop.
NFT marketplace LooksRare launches bug bounty program with rewards of up to $1 million
LooksRare, the NFT market, launched a bug bounty program on the Web3 bug bounty platform Immunefi, focusing on its smart contracts, websites and applications, aiming to prevent users' NFT and fund losses. The program will pay out bounties based on the level of vulnerability, up to $1 million.
The trading volume of NFT project Azuki ranked first in OpenSea in the past 7 days
OpenSea data shows that the NFT project Azuki has a trading volume of 34999.41 ETH in the past 7 days, ranking first; the 24-hour trading volume reached 8691.04 ETH, ranking second. The current floor price is 6.5 ETH.
The NFT project consists of 8,888 unique art collections, planned by Edison Chen, and 8 artists from different fields (including streetwear, songwriting, tattoo art, oil painting, etc.) are responsible for creation, design and other work. At present, 2426C official Twitter account and Discord community have been created.
Industrial blockchain
Recently, Shandong Port Financial Holdings Co., Ltd. (hereinafter referred to as "Shandong Port Financial Holdings"), on the 66 cloud chain blockchain digital warehouse receipt platform, is Qingdao Taihe Jiabo Energy Co., Ltd. (a subsidiary of Shandong Dongbo Petrochemical Co., Ltd.) Provided warehouse receipt pledge financing services. The warehouse receipt cargo is 17,000 tons of crude oil, which is stored in Jingbo logistics warehousing branch, and the loan amount is about 40 million yuan. This marks the first domestic crude oil digital warehouse receipt pledge financing business based on blockchain and Internet of Things technology.
global policy
global policy
Criminal investigators at the Internal Revenue Service believe that cryptocurrencies and NFTs are ripe for fraud, including money laundering, market manipulation and tax evasion, and even celebrities may be involved in the agency's investigation. 'We're just seeing a mountain of fraud in this area,' said Ryan Korner, special agent with the IRS Criminal Investigations Division in charge of the Los Angeles field office. Celebrities are not immune to criminal investigations by the IRS, either. Law enforcement agencies fear a range of criminal activity. It’s worrying to see people paying millions for assets like NFTs that don’t seem to have that kind of intrinsic value, which bad actors can use to launder money for criminal enterprises, like drug trafficking. NFTs and cryptocurrencies are ripe for market manipulation, with prominent investors having the ability to influence asset prices with a single tweet. The IRS Criminal Investigations Division is trying to train all agents on crypto and NFT issues. (Bloomberg)
IMF Urges El Salvador to Remove Bitcoin as Legal Tender
The IMF report also said some directors expressed concerns about the risks associated with issuing bitcoin-backed bonds, citing plans by the country’s president to raise $1 billion in “bitcoin bonds” in partnership with digital asset infrastructure firm Blockstream. (CNBC)
Kazakhstan Temporarily Cuts Power to Bitcoin Miners Due to Power Difficulties"After the recent power difficulties in Kazakhstan, Uzbekistan and other Central Asian regions, the Kazakh power company suddenly cut off the power supply to Bitcoin mining enterprises. Power outages were reported in parts of Kazakhstan on Tuesday.
A spokesperson for the Kazakh National Electricity Company said on the same day:
According to previous news, according to data from the Cambridge Alternative Finance Center, Kazakhstan currently ranks second in global Bitcoin mining, second only to the United States, accounting for 18.1% of global Bitcoin mining computing power. (Bloomberg)
Bank of Thailand, SEC and Ministry of Finance: Plan to Regulate Cryptocurrency as a Means of Payment
The Bank of Thailand (BOT), the Securities and Exchange Commission of Thailand (SEC) and the Ministry of Finance (MOF) jointly announced on Tuesday that they plan to regulate cryptocurrencies as a means of payment. The three regulators explained that after reviewing the benefits and risks of crypto-assets, they considered it necessary to regulate the use of digital assets as a means of payment for goods and services to avoid potential impacts on the country’s financial stability and economic system. The regulator will consider exercising powers under relevant legal frameworks to limit the widespread adoption of digital assets as a means of payment for goods and services.
（U.Today）
Nepal Bankers Association Issues Crypto Ban Notice
The Florida Office of Financial Regulation (OFR) has issued a warning against DeFi-based companies offering lending, banking and investment services. OFR warns the public that before using any DeFi-based services, it is important to do the necessary due diligence and understand what DeFi is to avoid falling victim to scams.
Investment and Financing
Investment and Financing
Ripple repurchases shares in Series C financing, valuation rises to $15 billion
Ethereum developer ConsenSys plans new funding round at $6.5 billion valuation
Ethereum wallet MetaMask developer ConsenSys has held financing talks with potential backers at a $6.5 billion valuation, according to three people familiar with the matter. Some sources believe the company's post-money valuation will be closer to $7 billion. ConsenSys declined to comment. (The Block)
Previous news on November 17, 2021, New York-based blockchain technology company ConsenSys completed a $200 million financing, with participation from HSBC, Animoca Brands, Dragonfly Capital, Coinbase Ventures, Marshall Wace, IOSG Ventures, and American hedge fund Third Point. Investment, ConsenSys valuation reached 3.2 billion US dollars.
Previous news on November 17, 2021, New York-based blockchain technology company ConsenSys completed a $200 million financing, with participation from HSBC, Animoca Brands, Dragonfly Capital, Coinbase Ventures, Marshall Wace, IOSG Ventures, and American hedge fund Third Point. Investment, ConsenSys valuation reached 3.2 billion US dollars.
Dragonfly Capital is raising $500 million for a new fund
Cryptocurrency venture capital firm Dragonfly Capital Partners is raising $500 million for a new fund, the Dragonfly Ventures III Feeder Fund, and has yet to accept its first investment, according to a new regulatory filing. Dragonfly said it does not expect to raise funds for more than a year.
Dragonfly, an investment firm focused on cryptocurrencies, new protocols, and startups, launched in 2018 with $100 million in assets under management (AUM). The firm now has more than $2 billion in assets under management, according to a partner's LinkedIn profile.
Dragonfly’s portfolio includes the Avalanche blockchain, crypto exchange Bybit, and blockchain interoperability project Cosmos. The venture capital firm also recently participated in a $150 million funding round for Near Blockchain. (CoinDesk)
Encrypted art collection platform PleasrDAO is raising $69 million at a $1 billion valuation
It is understood that PleasrDAO was established in March 2021, and its members include dozens of DeFi founders, NFT collectors and digital artists. In December last year, a16z announced an undisclosed investment in the organization. But according to TechCrunch, a16z holds less than 5% of the DAO’s governance tokens.
Cryptocurrency and stock investment platform Domain Money completes $33 million financing
Domain Money founder and chief executive Adam Dell, a former head of product at Goldman Sachs consumer bank Marcus, said the company will use the new funding to grow its team and build out more client features. (Blockworks)
Eaglebrook Advisors, a cryptocurrency investment firm that provides products to wealth management professionals, completed a $20 million Series A round led by Castle Island Ventures and Brewer Lane Ventures, Gemini’s venture capital Frontier Fund, Fidelity Investments affiliates Avon Ventures, Jump Capital and Sybil Capital participated in the investment.
Creator economy platform Koji completes $20 million Series B financing led by Jump Capital
Creator economy platform Koji announced the completion of $20 million in Series B financing, led by Jump Capital, with participation from HBSE Ventures, Electric Feel Ventures, Visary Capital, Metaversal, University Growth Ventures, Galaxy Interactive, and BITKRAFT, and individual investors including OpenSea product managers Shivakumar Rajaraman, head of Google Firebase Francis Ma, Google vice president of engineering Peeyush Ranjan, LinkedIn vice president and head of business development Scott Roberts, LinkedIn creator strategy product leader Keren Baruch, and more. The company will use the new financing to grow its engineering and creator teams, accelerate the development of the platform, and further develop its Web3 and encryption products.
BreederDAO Completes $10 Million Series A Funding Led by a16z and Delphi Digital
BreederDAO will use the funds to expand its asset production program. At the same time, BreederDAO will also make strategic investments in blockchain games with player-driven economic models. In these games, a large number of high-quality assets are required to meet the rising consumption demand from the time of game launch. BreederDAO will also expand its core team, hiring engineering and business veterans.
Colizeum, a blockchain-based mobile game e-sports ecosystem, completed $8.4 million in financing, Deribit, SevenX Ventures, Axia8 Ventures, LD Capital, Genblock Capital, TPS Capital, Momentum6 (Lumen Capital Group), DWeb3, X21, Profluent Ventures, Good Games Guild (GGG), CRT Capital, Au21 Capital, Pluto Digital, Basics Capital, Tokenomik.io and others participated in the investment. (NewsBTC)
NFT platform DROPP raised $8 million, with Animoca Brands, Alameda Research and others participating
According to official news, Dropp, the Solana ecological social NFT casting platform, announced the completion of $8 million in financing. Animoca Brands, Alameda Research, DeFiance Capital, Three Arrows Capital (Three Arrows Capital), Spartan Capital, Genblock Capital, Antifund VC, etc. Twitch co-founder and former chief operating officer Kevin Lin and cryptocurrency game platform TSM founder Daniel Dinh participated as angel investors. This round of financing will be used for IP accumulation, more partnerships and metaverse/AR technology development.
Web3 Gambling Platform Aver Completes $7.5 Million Financing Led by Jump Crypto
Aver, a decentralized peer-to-peer gaming exchange based on Solana, recently announced the completion of a $7.5 million seed round of financing, led by Jump Crypto, Mirana Ventures, Susquehanna International Group, Genesis Block Ventures, Serum Ventures, Blue Pool Capital, MEXC, Gate. io, Petrock Capital, Solar Eco Fund, etc. participated in the investment.
According to official news, KLKTN announced the completion of US$6.4 million in financing. Former Softbank CSO and board member Katsunori Sago, Animoca Brands, Dapper Labs, and former MIT Media Lab director Joi Ito participated in the investment.
Swing completes US$6 million in strategic financing, led by Republic Capital and participated by Celer and others
It is reported that Swing, formerly known as Polkaswitch, aims to help traders and liquidity mining users realize cryptocurrency cross-chain between multiple first-layer and second-layer blockchains, including Ethereum, Polygon, Avalanche, BSC , Arbitrum and Moonriver.
NFT art platform TRLab announced the completion of $4.2 million in financing, Animoca Brands, BAI Capital, Pace Verso, Metapurse, Digital Renaissance Foundation, INCE Capital, Willoughby Capital, art collector Adam Lindemann (Adam Lindemann), art entrepreneur Luo Ike Gouzer (Loic Gouzer) and others participated in the vote. This round of financing will be used to expand the creative scale of TRLab, support more traditional and digital artists, and comprehensively improve the community functions and membership rights enjoyed by collectors.
The BSC-based P2E game Business Age of Empires (BAoE) announced that it has completed about US$3 million in seed round financing and private equity financing, with participation from Grooo International, Meta Ultra Holdings, DH Inc., D.Ragoon, and Moonchase Asset Management. (PR News Wire)
Rand Network announced the completion of US$2.3 million in financing, led by DFG
According to official news, Atomic Form, a full-stack solution for NFT and digital media, announced the completion of seed round financing, Sino Global Capital, Samsung Next, Wave Financial, Mechanism Capital, Animoca Brands, Thankyoux, Brendan Dawes, JN Silva, Parallel and Nifty Gateway jointly Founder Duncan Cock Foster and others participated in the investment.
character * voice
character * voice
Russian President Vladimir Putin discusses crypto regulation at a meeting with the government. Putin said Russia has some advantages in crypto mining. It also requires the Ministry of Finance and the Central Bank of Russia to agree on crypto regulation. (Golden Ten)
IOS
Android