headlines
headlines
US SEC Approves Valkyrie XBTO Bitcoin Futures Fund ETF
US Securities and Exchange Commission (SEC) Approves Valkyrie XBTO Bitcoin Futures Fund ETF (Valkyrie XBTO Bitcoin Futures Fund)
People familiar with the matter: Amber Group is conducting a new round of financing at a valuation of 10 billion US dollars
In February this year, Amber Group completed a financing of US$200 million at a valuation of US$3 billion. Temasek led the investment, and Sequoia China, Pantera Capital, Coinbase Ventures and Tiger Global Management participated in the investment. (Bloomberg)
Project News
Project News
MetaIOST will launch the decentralized algorithm Stablecoin Hub
The blockchain technology application platform IOST announced that it will launch the decentralized algorithm Stablecoin. According to IOST, the algorithm Stablecoin will solve three problems: ensure the authenticity of oracle price information, manage scarcity to ensure price stability and deal with deflationary costs, and design a short-term price arbitrage model to reduce short-term price fluctuations. The IOST Foundation will invest more funds and resources to focus on IOST's multi-chain ecosystem and the IOST algorithm Stablecoin that brings high annual interest rates and low risks.
Asia's first Metaverse XR will be established in Taiwan, China
Meta (formerly Facebook) announced the establishment of Asia's first Metaverse XR Hub in Taiwan, China. It will carry out a series of projects using AR and VR, and will also showcase a variety of application technologies on site. (Yahoo)
Aurora is an EVM based on the Near protocol, offering full Ethereum compatibility, low transaction costs, and trustless bridging. According to DeFi Llama, Aurora has a TVL of $1.3 billion, ranking it 12th among major DeFi protocols. (CoinDesk)
Metaverse GameFi and NFT
Metaverse GameFi and NFT
Multicoin Capital has lost 95% of its tens of millions of dollars in Loot NFT investmentIt is reported that Multicoin Capital purchased Loot NFT in September 2021. Kyle Samani, co-founder and managing partner of Multicoin Capital, said that Multichin Capital lost 95% of its 8-figure (at least $10 million) investment in the NFT project Loot. , he insisted it was part of the process and that being willing to risk losing 100% of your capital was important to our long-term success. (The Block)
The market value of Azuki airdrop project Beanz Official exceeded 100 million US dollars
Yuan
Beanz Official completed the unboxing today, becoming the NFT project with the highest transaction volume in the past 24 hours, with a 24-hour transaction volume of $41335614.07, an increase of 622.84%.
Less than 150 people registered on the first day of the full opening of the Coinbase NFT market beta
According to data from Dune Analytics, on the first day that the Coinbase NFT market was open to the public, the number of new registered users was less than 150. As of the evening of that day, the total number of users in the Coinbase NFT market was only 1,112. In addition, there were only 150 transactions on the first day, and the transaction volume was about 75,000 US dollars. (Decrypt)
Sony Electronics to launch 3D NFT series The Tiki Guy in partnership with Theta Labs
secondary title
Investment and Financing
NFT startup Zora announced on Thursday that it has completed a $50 million seed round of financing at a valuation of $600 million, led by Haun Ventures, with participation from Coinbase Ventures and Kindred Ventures. It is reported that Haun Ventures is a Web3 venture capital institution founded by a16z general partner Katie Haun, and this is its first capital injection. (CoinDesk)
Ready Games Completes $3 Million Financing Led by BITKRAFT and Hashed
News game startup Ready Games announced that it has raised $3 million through the AURA token sale, which will be used to develop the Web 3 mobile game department.
It is reported that the cumulative transaction volume of VirgoCX in 2021 will reach 1 billion Canadian dollars (about 780 million U.S. dollars). It has released the global brand Virgo and will enter the Australian and British markets. In addition, Virgo also plans to launch an NFT liquidity aggregator in the second quarter of 2022. (Cointelegraph)
Canadian digital asset trading platform VirgoCX completed a financing of 10 million Canadian dollars (about 7.8 million US dollars), led by Draper Dragon, and participated by Cobo Labs, OKX Blockdream Ventures, Molecular Group, Sora Ventures, and How Link Investment. The new financing will be used to promote VirgoCX's internationalization process, product development and other aspects.
It is reported that the cumulative transaction volume of VirgoCX in 2021 will reach 1 billion Canadian dollars (about 780 million U.S. dollars). It has released the global brand Virgo and will enter the Australian and British markets. In addition, Virgo also plans to launch an NFT liquidity aggregator in the second quarter of 2022. (Cointelegraph)
global policy
global policy
Georgia May Introduce New Cryptocurrency Bill This Fall
Georgian authorities are currently in discussions with industry representatives to finalize a bill aimed at regulating cryptocurrency exchanges and other cryptocurrency-related activities. A senior central bank official announced that the legislation would be presented by this fall at the latest.
Papuna Lezhava, deputy governor of the bank, said, "We are working on a bill to regulate cryptocurrencies and are now at the stage of deliberation with market participants. The final document will be published in summer or autumn." fields related to cryptocurrencies. These areas include consumer protection and cryptocurrency transactions. Its provisions will introduce rules for trading platforms such as digital asset exchanges. However, the law does not address cryptocurrency miners and their activities. (Bitcoin.com)
Argentina's central bank bans banks from offering cryptocurrency services to clients
