Morning News | MicroStrategy announces the purchase of 4,167 bitcoins; Boba Network completes $45 million financing
Zhao Changpeng ranks 19th on Forbes' 2022 Billionaires List with a net worth of $65 billion.Organizer: Cookies
"What are the important news from the past day?"
1. Ethereum scaling solution Boba Network completes $45 million financing, with participation from Huobi and others
Ethereum scaling solution Boba Network announced the completion of a $45 million Series A financing round, with participation from exchanges such as Crypto.com, Huobi, and BitMart, as well as institutions like Infinite Capital, Hypersphere, 10X Capital, Hack VC, GBV, Sanctor Capital, Shima Capital, Old Fashion Research, Kinetic Capital, IOST, and ROK Capital. A total of nearly 400 participants were involved, with a valuation of $1.5 billion. (Source link)
2. Lightning Labs, the developer of the Lightning Network, completes $70 million financing, plans to bring stablecoins to the Lightning Network
Bitcoin Lightning Network developer Lightning Labs has completed a $70 million Series B financing round, led by Valor Equity Partners, with participation from Baillie Gifford, Robinhood CEO Vlad Tenev, Goldcrest Capital, NYDIG, and others.
At the same time, the project announced the launch of a new product called Taro, which will allow the use of stablecoins on the Lightning Network, enabling those without bank accounts in developing countries to send and receive funds in stablecoin form. The Lightning Network is a second-layer solution for Bitcoin transactions, allowing for instant, low-fee transactions using Bitcoin. (Source link)
3. MicroStrategy announces purchase of 4,167 bitcoins, valued at approximately $190.5 million
MicroStrategy has purchased 4,167 bitcoins for $190.5 million after a two-month hiatus, at an average price of $45,714. Currently, MicroStrategy holds a total of 129,218 bitcoins, valued at approximately $6 billion.
The company's CEO, Michael Saylor, has repeatedly stated that the company plans to hold Bitcoin for the long term and has no plans to sell it. Previously, at the end of March, a subsidiary of MicroStrategy reached a $205 million Bitcoin collateral loan agreement with Silvergate Bank to purchase more bitcoins. (Source link)
4. Cosmos Hub to implement cross-chain account module after activating Theta upgrade on April 12
According to a Messari article, Cosmos Hub will implement a cross-chain account module after activating the Theta upgrade on April 12. The introduction of cross-chain accounts is expected to enhance the interoperability of the Cosmos ecosystem and bring Cosmos Hub closer to achieving its ideal status as a "port city." (Source link)
5. Zhao Changpeng ranks 19th on Forbes 2022 Billionaires List with a net worth of $65 billion
Binance founder Zhao Changpeng ranks 19th on Forbes 2022 Billionaires List with a net worth of $65 billion, ahead of notable American billionaires such as computer tycoon Michael Dell and energy tycoon Charles Koch. After speaking with analysts in the crypto industry and individuals familiar with Binance's business, Forbes estimates Binance's market value at $92.5 billion, with Zhao holding at least 70% of the shares. (Source link)
"What articles are the editors of Chain Catcher reading?"
So far, small individual operators have never been able to compete with large companies in major infrastructures (such as telecommunications, mapping, power grids, third-party logistics, etc.). Physical proof of work represents a paradigm shift in how businesses operate and scale. Crypto-economic protocols allow people to coordinate their economic activities without a centralized, rent-extracting government, helping these industries transition from corporate feudalism to elite capitalism and freer markets.
2. "Messari: A Comprehensive Analysis of 11 Parachain Projects in the Polkadot Ecosystem"
On December 17, 2021, after five years of conception, Polkadot successfully completed a multi-phase launch and released its first parachain. Now that the parachains are online, end-users can finally trade on Polkadot. In addition to venture capital funding, Polkadot's unique architecture combined with the flexibility of Substrate has attracted the second-largest developer community. Now that the parachains are online and have received significant venture capital funding, the fruits of developers' labor can be made available to the public. In this report, we will delve into the first 11 parachains of Polkadot.
3. "In-Depth Analysis of Multicoin Capital: Eight Methodologies to Become a Contrarian Investor"
For newcomers, the importance of non-consensus may be harder to grasp. Due to the uneven distribution of venture capital, merely having conviction is not enough; you must firmly believe you are right about things that others mock or ignore. Only these opportunities will create sufficient value misalignment, leading to significant returns, as the wisdom that everyone has will only generate a small amount of alpha opportunities.
How does Multicoin do it? What does it mean to run a truly contrarian investment fund? What factors enable the investment team to reliably find and invest in those "outlier" winners?
4. "Consensus Games Among GameFi Players"
Taking various interest groups in GameFi as an example, including developers, guilds, and ordinary players. In the game, players can see the entire market landscape, and they can act by predicting the actions that other players might take, choosing action routes with greater winning potential to gain an advantage in the game. This article will analyze the most typical GameFi game Axie Infinity and the most important guild in the GameFi field, YGG, to give you an in-depth understanding of the main functions and internal logic of GameFi.
