Prime Trust, a financial infrastructure provider, raised $64 million, led by Traverse Funds
BlockBeats - Financial infrastructure provider Prime Trust announced on July 28 that it has raised $64 million in financing, led by Traverse, a growth equity fund from Mercato Partners, Samsung Next, Kraken Ventures, and Seven Peaks Ventures. Prime Trust chief Financial Officer Rodrigo Vicuna said Prime Trust will use the money to expand its team. [原文链接]
Solv Vouchers sold out within 30 minutes of the initial DODO lock-up
According to BlockBeats, Solv Voucher DODO Vesting Voucher is available for sale at 0.49366USDT on July 28 at UTC1:00. All Voucher packages are snapped up within 30 minutes, up to UTC2:00, with some Vouchers circulating on Solv at 0.7 USDT. In 60 minutes, Solv's total turnover exceeded $100,000.
More programs are expected from Solv. The purpose of the DODO Voucher program is to give back to the community, Project teams such as Ruler Protocol, Saffron Finance, Impossible Finance, Yield Guild Games have all started to design community building plans based on Solv Vouchers.
Hufu will be officially launched at 15:00 on July 29th.
Hufu Innovation Zone will be open for PWAR transactions at 15:00(UTC+8) on July 29. The business of recharge and withdrawal has been opened. Open PWAR airdrop for new registered users, receive PWAR worth 500USDT, mobile mining benefits, and PWAR activities with a total mining amount of 9,000USDT. For more details, please refer to the official announcement.
PolkaWar is an upcoming NFT based blockchain game project that will feature a lively combat world with characters, weapons, equipment, and different skill sets that will allow players to engage in combat, complete missions, and compete against each other. It also has an NFT market for in-game items and a logistics department for converting NFT into real-world copies.
Genesis Digital Assets announced the closing of $125 million in equity financing led by Kingsway Capital
On July 28, Genesis Digital Assets, a North American bitcoin mining company, announced that it has completed a $125 million equity financing round, led by Kingsway Capital. Other financing details were not disclosed at the time. Genesis plans to use the money to buy equipment and build new data centers in the U.S. and Northern Europe. (Coindesk) [原文链接]
Biconomy, a provider of blockchain development tools, has raised $9 million in funding, led by Mechanism Capital
Biconomy, a provider of blockchain development tools, announced on July 28 that it has completed a $9 million funding round led by Mechanism Capital. Coinbase Ventures, Huobi Innovation Lab, CoinFund and other investors. Biconomy's CEO Ahmed Al-Balaghi said Biconomy will use the funding to continue its development and launch its own native token, BICO, which is both a mortgage and governance token, and plans a public offering in the fourth quarter of this year.
Biconomy is a provider of blockchain development tools designed to increase the user-friendliness of dapps by removing user "pain points", thereby increasing user retention and helping new users enter the decentralized Finance (DeFi) ecosystem. [原文链接]
Bitcoin rebate app Lolli has raised $10 million in series A funding, led by Acrew Capital
BlockBeats news: On July 28, Bitcoin rebate app Lolli announced that it has completed A $10 million Series A funding round, led by Acrew Capital, Banana Capital, Formula VC, UpNorth Media, Animal Capital and Alexis Ohanian. Angel investors include Logan Paul, Chantel Jeffries, Josh Richards and Baron Davis, Meanwhile, Lauren Kolodny, co-founder and managing partner of Acrew Capital, has joined Lolli's board. Lolli CEO Alex Adelman said the company will use the money to expand its team, build new partnerships and launch an Android version of its app.
Lolli is a Bitcoin rebate app that enables users to shop at more than 1,000 retailers, including Kroger, Microsoft and Booking.com, and rewards them in bitcoin. Rewards range from 7 percent of the average amount spent to as much as 30 percent. [原文链接]
Guo Weimin, a member of the Beijing Municipal Committee of the Chinese People's Political Consultative Conference, suggested exploring the use of digital currency as a settlement tool in the free trade zone
According to BlockBeats, on July 28, the Standing Committee of the Beijing Municipal People's Political Consultative Conference (CPPCC) held consultations on the theme of "fully promoting the construction of the" Two Districts "and promoting the high-quality economic development of the capital". Beijing municipal CPPCC, economic committee, deputy director of the bank of China, chief scientist wei-min guo advice, give full play to the role of the national center for financial management, strengthen the top-level design, put into a digital zhongguancun bank, based on the digital currency is on innovation meet the personalized needs of enterprises, investment and financing for settlement of payment. We should give full play to the characteristics of digital currency, such as payment is settlement, transaction chain can be traced, and capital flow can be traced. We should explore the use of digital currency as a settlement tool in the free trade zone to improve the efficiency and reduce the cost of trade settlement between enterprises. Building a financial transaction system based on blockchain and digital currency; We will actively encourage strong core enterprises to cooperate with Zhongguancun Bank to explore and build an enterprise-level digital currency cross-border payment and settlement platform, pilot the establishment of a digital currency cross-border payment system with closed enterprise scenes, and improve the efficiency of enterprises' cross-border trade and settlement. On this basis, we will assist the CENTRAL Bank to further explore the establishment of a wider range of distributed cross-border payment network, gain the first-mover advantage in the new round of global financial infrastructure construction competition, and help the internationalization process of RMB. (Beijing Daily) [原文链接]
Digital currency could help unbanked users gain access to the financial system
On July 28, U.S. Senator Elizabeth Warren said on CNBC's "Squawk Box" that digital currency and central bank digital currency could help users without bank accounts gain access to the financial system where big banks have failed with consumers across the country.
Referring to regulation, Elizabeth Warren said, "I don't want to wait until too many people, too many small investors, too many small traders are wiped out. It would be safer and give people more confidence to have regulations in place in the first place."
Regarding cryptocurrency taxes, Elizabeth Warren believes that the gains from investing in cryptocurrencies should be taxable. "No matter what form of asset you own, I think it should be taxed every year." [原文链接]
Bitbitmining bought 2,500 new mining machines, of which 7,849 have arrived in Kazakhstan
BlockBeats -- On July 28, Bitcoin Mining (NYSE:BTCM) announced a cash purchase of 2,500 new Bitcoin mining machines valued at $6.6 million. All of the machines are expected to be delivered within a week and are scheduled to be shipped to Kazakhstan. Upon completion of deployment, the company's overall strength will increase by 165 PH/S.
At present, 3,819 bitcoin mining machines have been deployed in the Data center of Kazakhstan and have started mining. The batch mining machine finally has a strength of 172 PH/S; 4,030 bitcoin mining machines have arrived at kazakhstan's data center and are awaiting deployment. The batch mining machines have a minimum capacity of 121 PH/S. The ethereum mining machines purchased in the early stage have been deployed in areas outside mainland China, and mining has begun. The final strength of these mining machines is 86.4gh /S. The remaining 4713.6 GH/S etherminer will be deployed by the end of October. [原文链接]
Bit Mining will buy 2,500 Bitcoin Mining machines for $6.6 million
Bit Mining will buy 2,500 new Bitcoin Mining machines for $6.6 million, according to market news. The (golden) ten