ChainCatcher message, according to Ember monitoring, 50 minutes ago, USV transferred 553,000 UNI (approximately 8.45 million USD) to Coinbase Prime.

ChainCatcher news, according to Ember monitoring, the investment firm USV transferred 473,000 UNI (worth $7.68 million) to Coinbase Prime half an hour ago.USV acquired a distribution of 15.28 million UNI through investment in 2020, and they currently still hold up to 12.78 million UNI ($204 million).

ChainCatcher news, the Web3 reward information aggregation solution Daylight has announced the completion of a $6 million seed round financing, led by Union Square Ventures (USV), with participation from Framework Ventures, Chapter One, Zerion co-founders Evgeny Yurtaev and Vadim Koleoshkin, Blockaid co-founders Ido Ben-Natan and Raz Niv, and Yup co-founder Nir Kabessa.Additionally, according to the Web3 asset data platform RootData, Daylight raised $3 million in November 2022, with investments from Framework Ventures, Chapter One, and others.It is reported that Daylight is an on-chain information aggregation platform that has been integrated into mainstream wallets such as MetaMask, Coinbase Wallet, Zerion, and OKX Wallet. It provides personalized trading suggestions, including airdrop claims, NFT minting, game tasks, and more.

ChainCatcher news, according to market news, the U.S. SEC has sent letters to venture capital firms such as a16z and Union Square Ventures regarding the Uniswap issue.Previously, the U.S. SEC issued a Wells notice to Uniswap Labs in April this year, warning that it may take enforcement action. Subsequently, Uniswap Labs responded to the U.S. SEC's Wells notice, stating that they are ready to fight and will continue to build.

ChainCatcher news, Fred Wilson, co-founder of the well-known investment firm USV, posted on X that his X account has been dormant for the past 18 months. However, during these 18 months, he has been active on Farcaster, sharing his views on technology, startups, venture capital, music, and life through the protocol. Fred also urged his X followers to shift their attention to his Farcaster account.It is reported that USV was the lead investor in X's (then Twitter) first round of financing.

ChainCatcher news, according to Axios, the micro-payment startup Code has completed a $6.5 million seed round financing, led jointly by M13 and Union Square Ventures (USV). Code is now live, having developed an application for online micro-payments.Code is based on the kin (KIN) cryptocurrency, with Kin's value calculated in thousandths of a penny, designed to make the consumption of small amounts of money very easy. Additionally, the team has released a developer platform and is about to launch a new blogging tool that allows anyone to earn money through writing.

ChainCatcher News, Fred Wilson, a partner at the American venture capital firm USV (Union Square Ventures), released the 2024 outlook: capital markets are steadily rising, the Federal Reserve is holding interest rates steady, inflation is retreating, and a "soft landing" is expected, which is favorable for the innovation economy.The AI field has great innovation potential, and the era of AI applications is approaching, with open-source AI models emerging.New technologies bring legal lawsuits and regulatory scrutiny, with AI and Web3 jointly driving a stronger, more resilient, more trustworthy, and fairer internet.2024 will be a year for regulators and legislators to reach agreements with Web3, leading to an explosion of blockchain technology. - Focus on the issue of global warming, promote energy transition, and build decentralized, modular, and programmable new energy systems.Despite a healthy capital market, the venture capital ecosystem faces challenges, with cautious investors, downsizing of large companies, and difficulties in financing for new companies.

ChainCatcher news, General Catalyst CEO Hemant Taneja posted on social media that several VC leaders met today to discuss the consequences of the Silicon Valley Bank collapse, and they have issued the following joint statement: "For forty years, Silicon Valley Bank (SVB) has been a trusted long-term partner for the venture capital industry and founders, serving as an important platform that has played a key role in supporting the entrepreneurial community and the U.S. innovation economy. The events of the past 48 hours are deeply disappointing and concerning. If SVB is acquired and properly capitalized, we will strongly support and encourage our portfolio companies to restore their banking relationships with SVB."It is reported that the Silicon Valley VCs participating in this joint statement include Accel, Altimeter Capital, B Capital Group, General Catalyst, Gil Capital, Greylock Partners, Khosla Ventures, Kleiner Perkins, Lightspeed Venture Partners, Mayfield Fund, Redpoint Ventures, Ribbit Capital, and Upfront Ventures. (source link)

ChainCatcher news, Union Square Ventures co-founder Fred Wilson posted a prediction about the developments in technology, startups, Web3, climate, and more in 2023. He pointed out that in Web3, Bitcoin and Ethereum will begin to attract more investor interest and should perform well in 2023. Fred Wilson expressed a personal preference for ETH, as it has the best fundamental economic model among all Web3 assets.Fred Wilson also stated, "Projects and protocols that find product-market fit, have a real token economic model, and quickly roll out new features will attract user attention. However, many Web3 projects have yet to find a market-fit product, have weak or no token economics, and execute poorly. We will see many of these projects continue to struggle and fail in 2023. Compared to the broader startup and tech industry, Web3 currently has greater uncertainty. Some entities are already insolvent but have not yet restructured, and some funds are currently in dire straits and may be forced to liquidate. These activities will likely exert ongoing selling pressure on Web3 tokens at least through the first quarter of 2023, if not longer." (source link)

ChainCatcher news, Union Square Ventures (USV) partner Fred Wilson wrote in his personal blog post "What Happened in 2022," pointing out that the most impactful area in the market last year was Web3. The value of Crypto/Web3 assets themselves collapsed, with Web3 asset values dropping by 70-90%. Many large centralized entities, such as lenders, exchanges, and crypto funds, faced bankruptcy. This disaster was immense, reminiscent of what happened in the internet industry in 2000/2001, and it made people realize that not everyone in the Web3 market is diligently working; there are still issues of fraud, mismanagement, and irresponsible speculation.In 2022, the book value of assets managed by USV decreased by half, but the venture capital operations were doing well. Last year was not all bad; for example, decentralized protocols surged, and the smart contracts running these protocols executed the required code and remained "intact" during market fluctuations. This proves that decentralized protocols are more resilient than centralized entities, which is a key lesson that the Web3 industry should learn. (Source link)

According to Chain Catcher news, the venture capital firm Union Square Ventures has launched the "2022 USV Analyst Program," which will focus on three main areas: Web3, software, and climate. Applications are currently open, and each analyst will primarily support 1-2 partners.Currently, Union Square Ventures manages three funds: a core fund that focuses on investing in seed and Series A stage software and Web3 startups, an opportunity fund that invests in the existing portfolio, and a climate fund. (source link)