Evening News | In February, the cryptocurrency market disclosed a total of 120 financing deals, amounting to $950 million; Binance Labs announced an investment in the crypto fund Nomad Capital
Sui CTO is disappointed with Aptos's deliberate suppression of Sui and related developers; Conflux received a $10 million investment from DWF Labs.Organizer: Xi Angxiang, ChainCatcher
"What Important Events Happened in the Last 24 Hours"
1. Data: In February, the crypto market disclosed a total of 120 financing events, amounting to $950 million
According to data from Rootdata, the crypto market disclosed a total of 120 financing events in February 2023, involving a total amount of approximately $951 million, significantly up from January. Among them, infrastructure, gaming, and DeFi are the top three sectors in terms of financing amounts, at $360 million, $110 million, and $98 million respectively.
Additionally, the three projects with the largest financing amounts are Chain Reaction, a semiconductor company focused on disruptive blockchain and privacy hardware ($70 million), digital asset infrastructure provider Taurus ($65 million), and digital asset infrastructure provider Salt Lending ($64.4 million). (Source link)
2. Binance Labs Announces Investment in Crypto Fund Nomad Capital, Amount Not Disclosed
Binance Labs announced that it has invested in the crypto venture fund Nomad Capital, with the specific investment amount not disclosed.
Nomad Capital was established in December 2022 and focuses on investing in blockchain infrastructure, DeFi, gaming, and DApps. In addition to providing funding, Nomad Capital will also offer services such as product consulting, business development, tokenomics design, talent recruitment, and token launch strategies for the projects it invests in. (Source link)
3. Sui CTO: Aptos is Deliberately Suppressing Sui and Related Developers, Expresses Disappointment
Sui Network CTO Sam Blackshear, who is also the father of the Move programming language, tweeted directly to Aptos Network, stating that he learned Aptos intended to pressure PontemNetwork to cancel the speeches of two Move language developer OGs and the author of the Move compiler at movecon.live, and to remove the Sui Foundation from the list of event organizers.
Sam Blackshear also stated that although he works at Mysten Labs, when making decisions related to Move, he sets aside his position at Mysten and focuses on what is most beneficial for Move and its long-term healthy development in the community. Inclusion, curiosity, and gratitude are important values of Move, so when people take the time to prepare speeches and travel to attend conferences, we should welcome them, listen to them, and thank them, rather than canceling invitations at the last minute. (Source link)
4. Conflux Receives $10 Million Investment from DWF Labs
According to The Block, DWF Labs invested $10 million in Conflux by purchasing CFX tokens from the project team and foundation reserves. This round of financing will be used for technological research and development as well as expanding the user base. Conflux plans to further expand its ecosystem around Hong Kong's new Web3 policies through this round of financing.
According to RootData, last September, Conflux received a strategic investment from DWF Labs, with the specific amount not disclosed. (Source link)
5. Hedge Fund Competition Platform Numerai Raises $100 Million
Hedge fund competition platform Numerai announced that it has raised $100 million in new funding for its AI hedge fund. Its founder Richard Craib stated that Numerai has received support from former Renaissance Technologies executive Howard Morgan, and after obtaining a donation fund and new allocations from several managers in the U.S., the company currently manages nearly $300 million in funds. The company recently also raised $10 million from investors such as Union Square Ventures.
Numerai collects trading ideas from data experts, engineers, and scientists, invests based on the wisdom of the crowd, and then they receive its native cryptocurrency as a reward. Users can submit their investment ideas to the crowdsourced fund by betting with tokens issued by Numerai.
According to crypto data platform RootData, in April 2021, Numerai raised $5 million through the sale of NMR tokens, led by Pantera. (Source link)
6. Coinbase: About 20% of U.S. Adults Own Cryptocurrency, Most Americans Want Financial System Innovation
A national survey commissioned by Coinbase and conducted by Morning Consult with over 2,000 respondents indicates that the vast majority of Americans want to see the financial system updated, believing that cryptocurrency can be an important part of the solution.
Currently, about 20% of U.S. adults own cryptocurrency. Additionally, 29% of U.S. adults plan to buy or trade cryptocurrency in the next 12 months. (Source link)
7. Data: In February, Polygon Chain's NFT Transaction Volume Reached 889,110, Setting a Monthly Record
According to data from Cryptoslam, the NFT transaction volume on the Polygon chain reached 889,110 in February, setting the highest monthly record to date.
Furthermore, in February, the NFT sales volume on the Polygon chain was $29,662,225.51, with 179,485 unique buyers and 69,807 unique sellers, and the average transaction amount was approximately $33.36. (Source link)
8. Web3 Privacy Platform Iron Fish to Launch Mainnet on March 14 and Airdrop Tokens This Week
Web3 privacy platform Iron Fish announced that it will launch its mainnet on March 14, at which point features such as minting fully private custom assets, burning, trading, mining, and hosting nodes will be available. Additionally, Iron Fish will launch a token claim portal this week to distribute 940,000 mainnet token airdrops to testnet participants. (Source link)
"What Exciting Articles Are Worth Reading in the Last 24 Hours"
On February 20, 2023, the Hong Kong Securities and Futures Commission released a "Consultation Document" on cryptocurrency trading, marking an important step for the Hong Kong government in opening up the cryptocurrency trading sector. The author of this article read the entire "Consultation Document" and found that he had previously underestimated the government's will and ambition. To better interpret the "Consultation Document," this article analyzes it from three aspects: framework blueprint, opportunities, and challenges.
2. "First Class: Preview of Major Crypto Events in March"
This article provides a detailed overview of events and sectors such as the Ethereum Shanghai upgrade, DeFi, L1 & L2s, Game & NFT, including projects like yearn.finance, dYdX, Nexus Mutual, Synthetix, Ondo Finance, Filecoin, Cosmos, and Parallel Life.
So far, the topic of MEV has mostly focused on Ethereum. However, this article will explore MEV in the Solana and Cosmos ecosystems. It will highlight various methods to address MEV and related incentive adjustment challenges, including comparative analysis of trade-offs. By broadening the scope, we can learn from various practices in operation to better predict potential issues and ultimately design better solutions.
