| Dapper Labs completes $250 million in financing; Robinhood will launch an encrypted wallet in early 2022 (September 23)

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Dapper Labs completes $250 million in financing led by Coatue, with a valuation of $7.6 billion

Dapper Labs, an NBA Top Shot development company, completed a $250 million financing, led by Coatue, with participation from Andreessen Horowitz (a16z), GV (formerly Google Ventures), and Version One Ventures. Dapper Labs is valued at $7.6 billion, according to people familiar with the matter. This round of financing will be used to expand the NBA Top Shot business and open up new sports globally.
Additionally, Dapper Labs announced a partnership with Spanish professional football league LaLiga and launched a soccer marketplace on Flow that will feature digital collectibles from 20 teams, including Real Madrid and Barcelona. (CoinDesk)

headlines

Dapper Labs completes $250 million in financing led by Coatue, with a valuation of $7.6 billion

Dapper Labs, an NBA Top Shot development company, completed a $250 million financing, led by Coatue, with participation from Andreessen Horowitz (a16z), GV (formerly Google Ventures), and Version One Ventures. Dapper Labs is valued at $7.6 billion, according to people familiar with the matter. This round of financing will be used to expand the NBA Top Shot business and open up new sports globally.

Additionally, Dapper Labs announced a partnership with Spanish professional football league LaLiga and launched a soccer marketplace on Flow that will feature digital collectibles from 20 teams, including Real Madrid and Barcelona. (CoinDesk)

Robinhood to fully launch crypto wallets in early 2022

Tampa Bay Buccaneers Tom Brady wants to pay some of his salary in BTC, ETH or SOL

digital currency

News Tom Brady of the Tampa Bay Buccaneers said that he hopes to get some of the Buccaneers' salary through cryptocurrencies, such as paying in BTC, ETH or SOL. Tom Brady thinks it's a remarkable thing what's happening in the world as it becomes more digital. These digital currencies, and there are many, if you look at the way the world has developed, all these different digital media and how they affect currencies. (Sportsnaut)

Musk says he supports AMC's plan to accept Dogecoin

Tesla CEO Elon Musk supports AMC's plan to accept Dogecoin. Earlier news, on Tuesday, AMC CEO Adam Aron launched a vote on Twitter, asking his fans whether AMC should accept Dogecoin. (U. Today)

1inch aggregation protocol and limit order functions have been deployed to Arbitrum

Uniswap transitions L2 version from Alpha to Beta, providing users with seamless access to all supporting networks

Uniswap released a product update plan, transitioning the deployment of Uniswap on Optimistic Ethereum and Arbitrum from the Alpha version to the Beta version, allowing users to seamlessly access all supported networks directly in Uniswap. In addition, Uniswap also released a quick confirmation UX to demonstrate the lightning speed of the second-tier network.
In addition, Uniswap stated that the Uniswap App is currently fully compatible with EIP-1559. Since the release of EIP-1559, transactions that interact with the Uniswap protocol have destroyed 43,577 ETH.

1inch aggregation protocol and limit order functions have been deployed to Arbitrum

1inch, an on-chain transaction aggregator, announced that its aggregation protocol and limit order functions have been deployed to Arbitrum One, the second-layer scaling solution of Ethereum. 1inch stated that Arbitrum can significantly reduce transaction costs and provide an almost instant transaction experience compared to the Ethereum mainnet. Currently 1inch also supports Ethereum, Binance Smart Chain, Polygon, Optimism and other networks.

MakerDAO Official DAI Token Bridge Launches on Arbitrum One

The MakerDAO Protocol Engineering Core Unit (Protocol Engineering Core Unit) announced the release of the official DAI token bridge on Arbitrum One. This means that users can now use DAI on Arbitrum One for trading, lending, providing liquidity, and yield farming. The deployment and integration of a custom DAI token bridge on Arbitrium is a major milestone in facilitating the use of DAI within the growing Arbitrum ecosystem.

Kava Launches $185M Ecosystem Fund

MakerDAO Official DAI Token Bridge Launches on Arbitrum One

Polkadot Ecological Cross-chain Liquidity Protocol Basilisk Wins the Eighth Parachain Slot on Kusama

The MakerDAO Protocol Engineering Core Unit (Protocol Engineering Core Unit) announced the release of the official DAI token bridge on Arbitrum One. This means that users can now use DAI on Arbitrum One for trading, lending, providing liquidity, and yield farming. The deployment and integration of a custom DAI token bridge on Arbitrium is a major milestone in facilitating the use of DAI within the growing Arbitrum ecosystem.

Kava Launches $185M Ecosystem Fund

News Kava announced the launch of a US$185 million ecosystem fund. Kava is incentivizing projects and developers through funds launched in three phases. This is the first phase of the Ignition Fund, which aims to support high-quality DeFi projects. Selected ecosystem projects will benefit from Kava's highly scalable layer-1 architecture and institutional-grade security, underwritten by the Kava SAFU fund. In just two years, Kava successfully launched the Kava platform and three high-demand protocols based on it, with $2.1 billion in on-chain assets, more than 280,000 users, and $1.8 billion in cross-chain transactions. With the launch of the Kava ecosystem, Kava begins its next phase of growth.

Polkadot Ecological Cross-chain Liquidity Protocol Basilisk Wins the Eighth Parachain Slot on Kusama

At around 17:13 pm on September 22, the Kusama network’s 8th parachain slot auction ended. Then a 15-minute random "rolling of the dice" was carried out to determine the final winner. At around 17:28, Basilisk successfully won the 8th slot of Kusama by locking nearly 222,222 KSM, and will access it 2 hours later. The Kusama relay chain produces blocks in the form of parallel chains. The Council of Kusama voted to approve Motion358 at 17:52, officially opening the 9th slot auction of Kusama. At present, the highest bidder is Centrifuge's leading network Altair, which has collected a total of 120,987 KSM. (Polka World)

Grammy Award winner Shakira issued NFT on the MakersPlace platform, with sales exceeding US$120,000

Grammy Award winner Shakira released NFT tetralogy on the MakersPlace platform, with a total sales volume of 127,800 US dollars. Among them, Zenith is $54,000, Caloris is $30,000, Save me from myself is $25,800, and Watch, Don't Touch is $18,000. The collection will be called "La Caldera," produced by graphic designer Kode Abdo (BossLogic), and will be available at MakersPlace starting September 21. Shakira tweeted that part of the proceeds would be donated to the Pies Descalzos Foundation, an organization dedicated to providing infrastructure and resources to educational institutions in different regions of Colombia. It is reported that Shakira has won 3 Grammy Awards, 13 Latin Grammy Awards and many other international honors, and she has sold more than 80 million records.

The Philadelphia 76ers has partnered with Crypto.com and will release its first NFT

The Philadelphia 76ers have signed a six-year deal with Crypto.com, which will see Crypto.com become the Philadelphia 76ers jersey advertising sponsor. The Crypto.com logo will appear on Philadelphia 76ers jerseys, advertisements around the arena, and online media promotional materials, and Crypto.com will also become the team's official international marketing partner. In addition, the Philadelphia 76ers will issue its first NFT, which will be sold on the Crypto.com NFT platform in November. (Bizjournals)
Real Madrid Player Gareth Bale Plans to Release NFT on Crypto.com NFT
According to Binance official news, the "Tree Million" alliance led by Binance Charity will be formally established on September 28. At present, 17 practitioners in the encrypted asset industry in the alliance have committed to participate in the afforestation plan, and plan to participate in the next United Nations World Forest Day, that is, to achieve the goal of reaching 100 members by March 21, 2022.

Blockchain industry

It is reported that this project is open to donations from enterprises and public individuals, and each donation will generate an NFT certificate, which will record the details of tree planting. The project uses NFT as a tool to track the flow of donations, and records details such as tree species and planting time. All donations received by Binance Charity will go directly to the project's implementing partners.

"The cryptoasset industry is still young and still evolving, and we recognize the role the industry plays in protecting the planet. 'Tree Million' is one of our efforts to reduce our environmental impact; we will continue to Our innovation and collaboration continue to advance this work. Blockchain technology is a powerful tool that can help us build a more fair, transparent and equitable future. We are determined to continue to realize the huge potential of this technology,” Binance founder and CEO CZ said.

secondary title

Bitcoin mining company Genesis Digital Assets announced the completion of US$431 million in strategic financing, led by Paradigm, with participation from NYDIG, Stoneridge, FTX, Ribbit, Electric Capital, Skybridge, and Kingsway Capital. Meanwhile, Paradigm co-founder Matt Huang joined the Genesis Digital Assets board. Genesis Digital Assets will use the new funds to expand its bitcoin mining operations on clean energy.

Investment and Financing

Bitcoin mining company Genesis Digital Assets completes $431 million in financing, led by Paradigm and participated by FTX and others

Bitcoin mining company Genesis Digital Assets announced the completion of US$431 million in strategic financing, led by Paradigm, with participation from NYDIG, Stoneridge, FTX, Ribbit, Electric Capital, Skybridge, and Kingsway Capital. Meanwhile, Paradigm co-founder Matt Huang joined the Genesis Digital Assets board. Genesis Digital Assets will use the new funds to expand its bitcoin mining operations on clean energy.

U.S. Power Company Talen Energy Raises $175M to Build Data Centers and Crypto Mining Farm

Talen Energy Corporation("Talen") and its wholly owned subsidiary Cumulus Growth Holdings LLC ("Cumulus Growth") announced that further steps have been taken to leverage and implement Talen's strategic transition to a growth platform for renewable energy and digital infrastructure. Cumulus Growth, through its wholly-owned subsidiary Cumulus Digital LLC (“Cumulus Digital”), has entered into a six-year, up to $175 million strategic capital partnership (“Investment”) with Orion Energy Partners (“Orion”). Orion’s investment will be used to fund public infrastructure for the Cumulus hyperscale data center campus near Talen’s 2.5 GW Susquehanna carbon-free nuclear power plant, as well as Nautilus Cryptomine, Talen’s previously announced bitcoin mining joint venture with TeraWulf. Upon closing of the transaction, Orion will provide up to $125 million in funding and an additional $50 million once agreed milestones are met.

Blockchain infrastructure company Blockdaemon completes $155 million Series B financing at a valuation of $1.3 billion, led by SoftBank Vision Fund

Blockchain infrastructure company Blockdaemon completes $155 million Series B financing at a valuation of $1.3 billion, led by SoftBank Vision Fund

Solana-based DEX Orca raises $18 million led by Polychain, Placeholder, and Three Arrows Capital

Orca, a decentralized exchange based on Solana, announced the completion of a $18 million Series A round of financing, led by Polychain, Placeholder, and Three Arrows Capital, with participation from Sino Global, Collab+Currency, Coinbase Ventures, and Solana Capital. Orca will use the funds from this round of financing to build a capital-efficient and user-friendly automated market maker (AMM) for DEX. (Blockworks)

Waggle Network Completes USD 3 Million Seed Round Financing, Bixin Ventures and Spark Digital Capital, etc. Participated

Solana-based DEX Orca raises $18 million led by Polychain, Placeholder, and Three Arrows Capital

Social investment platform Prysm completes USD 3 million seed round financing led by North Island Ventures and participated by Polychain Capital and others

Social investment platform Prysm completes USD 3 million seed round financing led by North Island Ventures and participated by Polychain Capital and others

SundaeSwap Labs completes $1.3 million in seed round financing led by cFund

Cardano ecological DeFi platform development team SundaeSwap Labs announced the completion of a $1.3 million seed round of financing. The development fund cFund jointly established by Cardano development company IOHK and encrypted asset management company Wave Financial led the investment, and Alameda Research and Double Peak Group participated in the investment. This round of financing will be used to accelerate the development of additional functions of SundaeSwapp DEX. The main product of SundaeSwap Labs is SundaeSwap, a decentralized trading platform using AMM on Cardano, and plans to develop more DeFi platforms on Cardano in the future.

Multi-asset investment platform eToro commits $1 million to GoodDollar UBI project

Cross-chain decentralized ETF platform MatrixETF receives investment from Gate.io and Solanium
The GoodDollar system obtains income by staking funds provided by sponsors in DeFi protocols (such as Aave and Compound), and distributes them to the global member community in the form of GoodDollar tokens. At the same time, GoodDollar promotes financial education and educates recipients on the benefits of cryptocurrencies. (BTCManager)

Cross-chain decentralized ETF platform MatrixETF receives investment from Gate.io and Solanium

Cross-chain decentralized ETF platform MatrixETF announced that Gate.io and Solanium have become its latest investors.
According to previous reports in August, MatrixETF completed the seed round and private placement round of financing, Spark Digital Capital, CMS Holdings, Morningstar Ventures, Ascensive Assets, Divergence Ventures, GBV Capital, Solana Eco Fund (founded by MXC and OKEX), Moonrock Capital, AU21 Capital Wait to vote. MatrixETF is a next-generation decentralized ETF platform that supports cross-chain. The goal is to establish a decentralized, automated, and diversified ETF portfolio to simplify investors' entry into the encryption market and easily achieve long-term and stable wealth growth. .

Japan’s ACG metaverse project Asta Network completed the seed round of financing, and the legendary private equity firm KKR and others participated in the investment

Japan's ACG metaverse project Asta Network has completed its seed round of financing, with participation from legendary private equity firms KKR & Co. Inc., CBRE Group, Inc, Global Logistic Properties, and Great Wall Fund. This is KKR's first contact with the metaverse blockchain project since it established a $16 billion fund in Asia last year. ASTA has established an exclusive partnership with well-known ACG IPs such as Naruto, Dragon Ball, Gundam, Saint Seiya, One Piece, and Demon Slayer. In recent years, KKR has invested in companies such as Haier and ByteDance, the parent company of Douyin. (PR News Wire)

Cross-chain decentralized ETF platform MatrixETF announced that Gate.io and Solanium have become its latest investors.

According to previous reports in August, MatrixETF completed the seed round and private placement round of financing, Spark Digital Capital, CMS Holdings, Morningstar Ventures, Ascensive Assets, Divergence Ventures, GBV Capital, Solana Eco Fund (founded by MXC and OKEX), Moonrock Capital, AU21 Capital Wait to vote. MatrixETF is a next-generation decentralized ETF platform that supports cross-chain. The goal is to establish a decentralized, automated, and diversified ETF portfolio to simplify investors' entry into the encryption market and easily achieve long-term and stable wealth growth. .

Japan’s ACG metaverse project Asta Network completed the seed round of financing, and the legendary private equity firm KKR and others participated in the investment

Founder of Keno Capital: We are preparing a fund with a scale of more than 1 billion to invest in the blockchain copyright market

global policy

On September 21, Han Tianxin, the founder and president of Keno Capital, introduced at the 5th International Film IP Licensing and Derivative Industry Development Forum that we are preparing a fund dedicated to investing in the blockchain copyright market, which may be at least 10 billion scale or more. Infringements in the current cultural industry are ubiquitous, so it is necessary to clarify the value of various copyrights that occur during the creation process to protect the legitimate rights and interests of the creation market. Specifically, from the perspective of the film and television industry, during the shooting process, relevant blocks are actually formed, and the attributes and basic values ​​represented by this copyright can be packaged in an imaginary box. In the process of dissemination, sharing, and application, Automatically meter this value. The blockchain is equivalent to automatically forming a point card. For example, if I worked in the factory for two hours today, how many points should I get, or can form a unified measurement method for making pictures or making movies. At least current technology can do it this way. (Economic Observation Network)

LD Capital established a US$50 million parent fund to invest in global excellent blockchain funds, and has invested in 1kx and other funds

According to official information, LD Capital announced the establishment of a US$50 million blockchain fund of funds to invest in outstanding global blockchain funds. In addition to financial support, LD Capital's parent fund will share hundreds of LD's annual investment projects with the invested funds, and provide LD's super post-investment services, including strategic consulting, market growth, capital relations, etc., together for excellent blockchain Project empowerment.

Indian government forms committee to review scope of cryptocurrency taxation

Character·Voice

The Indian Ministry of Finance has formed a committee to review the scope of taxation of cryptocurrencies. The committee will continue to explore whether income from crypto trading can be taxed as capital gains and whether a new tax category should be created. It is reported that the committee will submit a report within 4 weeks. At the same time, the Indian government is also working on a new cryptocurrency bill, which is expected to be tabled in Congress during the winter session of parliament. The bill plans to treat cryptocurrency as an asset or commodity. (inc42)

Industry association calls on Basel Committee on Banking Supervision to amend its proposed punitive rules for financial institutions investing in crypto assets

Some industry associations have called on the Basel Committee on Banking Supervision to amend its proposed punitive rules for financial institutions investing in crypto assets. In a joint comment letter responding to the committee, the Global Financial Markets Association, the Financial Services Forum, the Futures Industry Association, the Institute of International Finance, the International Swaps and Derivatives Association, and the Chamber of Digital Commerce called for a revised plan. The associations argued that the proposal would effectively prevent banks from participating in crypto assets by making them economically prohibitive. A cryptoasset framework should leverage existing prudential frameworks for all other bank exposures. (Finextra)

Character·Voice

ECB: ECB's upcoming CBDC tests don't signal eventual digital euro

Recently, Jürgen Schaaf, an advisor to the European Central Bank's Market Infrastructure and Payments Department, said that the ECB's upcoming CBDC test does not guarantee the eventual launch of the digital euro. He pointed out that the testing phase is a trial of the technology to determine whether the CBDC will be implemented more widely, but this cannot determine that the ECB will eventually issue a digital euro. After these stages, the ECB must properly assess the potential benefits and possible disadvantages and make a decision. (Coinnounce)

Acting Director of the US OCC: Risks in the field of cryptocurrency and DeFi are similar to the 2008 financial crisis

Michael Hsu, acting director of the OCC, the U.S. bank watchdog, said: “Before the 2008 financial crisis, I witnessed a gold rush for fools up close. It feels like we may be on the cusp of yet another cryptocurrency and decentralized finance (DeFi). Lessons learned from the 2008 crisis can help industry and regulators chart a better course and avoid repeating the mistakes of the past. There are similarities in the risks in the cryptocurrency and DeFi space today. According to Hsu, Crypto/Defi could lead to another Lehman moment. Fintech must be “purpose-driven,” and it’s not clear what problems are being addressed. (Crowdfund Insider)