Justin Sun TRON's algorithmic stablecoin USDD has fallen, and USDD accounts for 86% of the USDD/3CRV pool. USDD claims to have $1.455b in collateral, with 200%. However, the official website shows that TRX is worth about $825m, but the actual value is $578m, of which about $476m TRX is in the burning contract and illiquid. All USDC are all jUSDC, which are borrow through JustLend.
8. Gemini suspected that 5.7 million user information was leaked link
The Gemini exchange suspected that 5.7 million user information was leaked; official responsed that this was the result of a supplier incident, which resulted in the collection of Gemini customers’ email and some phone numbers, please be vigilant against phishing activities.
9. Liquidity provider Paradigm announced a 15% pay cut link
Liquidity provider Paradigm announced a 15% pay cut across the board, blaming the FTX's collapse. Amber also announced today that it will cancel performance-based bonuses in 2022. Amber will lay off employees from 1,300 to 400 this year.
10. A16z listed some exciting future trends in crypto link
The A16z crypto team listed some exciting future trends, including decentralization of the mobile front end, zero-knowledge, verifiable delay function hardware, fully on-chain games, non-transferable tokens and Decentralized Energy.
Fundraising
Amber Group has completed a $300M Series-C round, led by Fenbushi Capital US link
Aztec Network, an L2 privacy solution based on ZK Rollup, raised $100M in Series B financing led by a16z crypto link
Web3 infrastructure firm Blocknative has raised $15M in a Series A-1 round link
Frontrunner, a prediction market for sports betting built in the Cosmos ecosystem, raised $4.75M in a seed round led by Susquehanna Private Equity Investments link
Anima, creator of “the first on-chain AR” digital assets, raised an additional $3M from Polygon Studios, Not Boring Capital and others link
Spaceport, a web3 intellectual property protocol, raised $3.6M in pre-seed round co-led by Arca, Decasonic and Crit Ventures, the venture arm of game developer Com2us link
Web3 game Dogami raised a $7M seed extension with investment from XAnge and Bpifrance link
Sooho.io, a provider of DeFi services, has raised $4.5M in the Series A+ funding round led by Woori Technology Investment link
8. Gemini suspected that 5.7 million user information was leaked link
The Gemini exchange suspected that 5.7 million user information was leaked; official responsed that this was the result of a supplier incident, which resulted in the collection of Gemini customers’ email and some phone numbers, please be vigilant against phishing activities.
9. Liquidity provider Paradigm announced a 15% pay cut link
Liquidity provider Paradigm announced a 15% pay cut across the board, blaming the FTX's collapse. Amber also announced today that it will cancel performance-based bonuses in 2022. Amber will lay off employees from 1,300 to 400 this year.
10. A16z listed some exciting future trends in crypto link
The A16z crypto team listed some exciting future trends, including decentralization of the mobile front end, zero-knowledge, verifiable delay function hardware, fully on-chain games, non-transferable tokens and Decentralized Energy.
Fundraising
Amber Group has completed a $300M Series-C round, led by Fenbushi Capital US link
Aztec Network, an L2 privacy solution based on ZK Rollup, raised $100M in Series B financing led by a16z crypto link
Web3 infrastructure firm Blocknative has raised $15M in a Series A-1 round link
Frontrunner, a prediction market for sports betting built in the Cosmos ecosystem, raised $4.75M in a seed round led by Susquehanna Private Equity Investments link
Anima, creator of “the first on-chain AR” digital assets, raised an additional $3M from Polygon Studios, Not Boring Capital and others link
Spaceport, a web3 intellectual property protocol, raised $3.6M in pre-seed round co-led by Arca, Decasonic and Crit Ventures, the venture arm of game developer Com2us link
Web3 game Dogami raised a $7M seed extension with investment from XAnge and Bpifrance link
Sooho.io, a provider of DeFi services, has raised $4.5M in the Series A+ funding round led by Woori Technology Investment link
#Bitcoin teaches us:
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CNBC: SBF will now surrender himself for extradition before Bahamian court Monday and no longer contest U.S. extradition. He was indicted in New York federal court on Monday, on charges of wire fraud, securities fraud, conspiracy to defraud the United States and money laundering.
Nigeria 🇳🇬, a new bill in the works could let local regulators recognize #crypto as capital for investment.