
headlines
Bloomberg: The Sandbox is seeking to raise $400 million at a valuation of more than $4 billion
According to previous reports, in November 2021, The Sandbox completed a financing of US$93 million, led by Softbank Vision Fund 2. (Bloomberg)
cryptocurrency
US Secret Service Seizes Over $102M in Illicit Digital Currency Since 2015
Australia's first bitcoin ETF will be listed on the CBOE next week, in what will be the first test of Australia's large-scale retail demand for cryptocurrencies. There has been speculation that the country’s first bitcoin ETF will see $1 billion inflows. ASX Clear, the powerful clearing house at the center of the Australian equity capital markets, currently has four market participants willing to meet the stringent margin requirements (42%) required to settle risk for this highly volatile asset. (AFR)
Monero (XMR) to Hard Fork on July 16th
Monero (XMR) to Hard Fork on July 16th
Founder of EOS Network Foundation: The Trust project is officially released, will operate independently and plans to issue EVM tokens
Filecoin announced that Network Indexer has been officially released
Lido will allocate 2 million LDOs to fund Ethereum protocol contributors
Lido Finance, a pledge agreement, stated that the proposal on "Using Lido Grant to fund the Ethereum Core Contributor Token Compensation Program Protocol Guild" has now been approved, and 2 million LDOs will be allocated to fund Ethereum protocol contributors. Ethereum core developer Tim Beiko previously disclosed that the Protocol Guild is a program designed to provide token compensation to client developers and researchers and currently has more than 100 members.
BNB Chain is about to burn more than 1.8 million BNB, worth more than 740 million US dollars
According to the official announcement, the public chain project Aptos released the latest roadmap and will open user registration on May 13. Users need to provide a verified GitHub account to participate. The incentive testnet was launched on May 16, and the number of verification nodes was initially limited to 100. The roadmap aims to prepare for the launch of the Aptos mainnet and is divided into four phases: launch of the testnet in May, launch of test token pledge in June, on-chain governance and upgrades in July, and launch of dynamic validator topology in August.
Blockchain industry
OOCL Logistics recently successfully completed a pilot Cargo Release application in Rotterdam, the Netherlands, in partnership with the non-profit technology consortium Global Shipping Business Network (GSBN). GSBN's blockchain-authorized cargo release system connects all relevant parties at the port of entry, including shipping lines, consignees, agents and terminals, providing a paperless and transparent digital solution. SUMEC, a customer of OOCL Logistics, participated in the pilot and became the first direct beneficiary of cargo release in Europe. (Container News)
GameFi and NFTs
Investment and Financing
Investment and Financing
NFT infrastructure Mintbase completes $12.5 million in financing led by Woodstock Fund
Mintbase, the NEAR ecological NFT infrastructure, announced that it has received US$12.5 million in financing, including US$7.5 million in Series A VC financing and US$5 million in Mintbase Grants, a funding program supported by the NEAR Foundation. This round of financing was led by Woodstock Fund, with participation from Coinbase Ventures and Libertus Capital. It is reported that Mintbase completed a US$1 million seed round of financing in November 2020. Sino Global led the investment, and D1 Ventures, Block Oracle Capital, Arweave and others participated in the investment.
Indian crypto exchange CoinDCX completes $135 million in Series D financing at a valuation of $2.15 billion, with participation from Coinbase Ventures and others
Framework Ventures launches a $400 million fund, of which $200 million will invest in blockchain games
KuCoin Announces $100 Million Creator Fund
The fund will invite 99 NFT creators to join KuCoin’s newly launched NFT marketplace, Windvane, to develop and create NFTs in vertical fields such as art, sports, PFP, Asian culture, celebrities, and GameFi. (CoinDesk)
BlockApps Closes $41M Funding Led by Liberty City Ventures
Kieren James-Lubin, president and CEO of BlockApps, a blockchain solution provider, revealed that BlockApps has completed $41 million in financing to continue its expansion into the enterprise blockchain field. This round of financing was led by Liberty City Ventures, with participation from Morgan Creek Digital and others. The company is focused on developing applications on its Ethereum-compatible “Blockchain-as-a-Service (BaaS)” platform STRATO. (TechCrunch)
Blockchain data analysis company Flipside Crypto completes $50 million in financing, led by Republic Capital[Original link]
DeFi Protocol Delta One Raises $9.1M Led by Alameda Research and Ship Capital
Delta One, a Solana-based DeFi protocol, announced the completion of a $9.1 million seed round of financing led by Alameda Research and Ship Capital, Solana Ventures, Solana co-founder Raj Gokal, Electric Capital, AlleyCorp, Race Capital co-founder Chris McCann and Alfred Chuang, etc. Participate in voting. It is reported that Delta One was founded by Paul Sengh and DJ Sengh during the Solana Ignition Hackathon in October 2021, aiming to provide users with an automated, low-risk way to earn income by investing in a basket of encrypted options. (CoinDesk)
Vyng, the dial-up app that offers Bitcoin rewards, raises $5 million
Android dialer software development company Vyng recently announced the completion of 5 million US dollars in financing, the total financing reached 12 million US dollars. March Capital Partners, Newbound Venture Capital, Alpha Edison, Omidyar Network and others participated in the investment. It is reported that the dialer software (dialer) developed by Vyng has functions such as caller ID, spam call interception, video caller ID, video ringtone, and call information. Android phone users around the world can now earn Bitcoin by calling friends, family and businesses. Vyng’s latest feature, The Bitcoin Dialer, allows users to earn small Bitcoin rewards (SATS) for making phone calls, which can then be exchanged to any Bitcoin wallet. (PR Web)
Based on this financing, Rotonda plans to further promote the service of its own virtual asset wallet platform "Burrito Wallet". It is reported that Rotonda, a virtual asset wallet service development subsidiary of Bithumb Korea, was launched as an internal project in October last year. (Daily Business News)
Based on this financing, Rotonda plans to further promote the service of its own virtual asset wallet platform "Burrito Wallet". It is reported that Rotonda, a virtual asset wallet service development subsidiary of Bithumb Korea, was launched as an internal project in October last year. (Daily Business News)
Solana Lending Protocol Hedge Closes $3.7M Funding Led by Race Capital
secondary title
global regulation
IMF: Governments should ensure the right to impose capital controls on cryptocurrencies and traditional assets
Governments should ensure they have the authority to impose capital controls on cryptocurrencies and traditional assets as the Russia-Ukraine conflict continues to raise concerns about sanctions evasion, the International Monetary Fund (IMF) said. This means that citizens of crisis-affected countries such as Greece and Argentina may find their use of bitcoin limited, beyond withdrawing cash from ATMs or accessing foreign currency. “Laws and regulations on foreign exchange and capital flow management measures should be reviewed and revised, if necessary, to cover cryptoassets,” the IMF said in its financial stability report released Tuesday, even if currencies such as bitcoin are not officially counted as financial assets or foreign currencies. .
Crypto mining also presents an opportunity for emerging market countries to efficiently trade energy for bitcoin, the IMF said, adding to concerns that their ability to stem capital outflows during times of financial turmoil could be weakened. (CoinDesk)
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Central Bank of Russia: Desperately Needs Digital Ruble, Will Not Postpone CBDC Tests
Ethereum Devs to Decide on Difficulty Bomb Delay by April 29