Enigma Fund founder: $240 million in cryptocurrency held by FTX was sold yesterday
Enigma Fund, a Web3 venture capital firm, announced that FTX's $240 million worth of cryptocurrency was sold yesterday.
Circle and Fuze sign MOU
The issuer of the US dollar stablecoin USDC, Circle, has announced the signing of a memorandum of understanding with digital asset infrastructure provider Fuze, aimed at expanding the adoption of USDC stablecoins in the Middle East and North Africa region. The goal is to extend USDC to institutions such as banks, fintech companies, traditional enterprises, and Web3 companies in the relevant regions.
Data-driven Web3 influencer network Aki Network completes Series A funding
On December 16th, data-driven Web3 influencer network Aki Network completed its Series A financing with a valuation of 5000 Perfect Yuan. The financing amount was not disclosed. This round of financing was led by Korean Web3 gaming platform MARBLEX and a Japanese venture capital company, with participation from Puzzle Ventures and others. Aki Protocol stated that it plans to conduct multiple rounds of AKI token airdrops.
Partner of Game Fund Partners: Immortal Game team quits Web3 games and tries to return to web2
Jonah, a partner at Game Fund Partners, posted on X that the Immortal Game team has withdrawn from Web3 games. They raised $15 million and are now trying to return to Web2.The Immortal Game team responded in the comments, clarifying that they are strong supporters of Web3 and game ownership. However, they believe that playing for money is not sustainable, especially for chess. They are still actively developing Web3 features for their platform, especially solutions for online chess cheating. More new features will be launched in the coming months.
Wallet Infrastructure: Empowering the Next Generation of Dapps
Wallet infrastructure is playing a crucial role in unlocking the web3 experience for the next generation of dapps. So far, users have had to install additional software, source and fund it with a novel currency, and face unfamiliar confirmation screens before even making the first interaction in web3. Despite improved firewalling and a movement away from seed phrases, these hurdles are still points of high churn for decentralized applications.
L7 Crypto Card Officially Launched
The L7 Crypto Card, introduced by the Web3 digital asset management platform L7, made its official debut on December 7, 2023. This universally accessible card is designed for practical applications, including consumer payments, one-click payments, and ATM withdrawals using cryptocurrencies.
CertiK Advances Stablecoin Security, Provides Expert Advice to MAS
CertiK, a global leader in blockchain security, recently introduced stablecoin security auditing and compliance consulting services, aimed at bolstering the safety of stablecoins and advancing Web3.0 technology applications. The firm provided expert advice on the regulatory framework for stablecoins to the Monetary Authority of Singapore (MAS), earning recognition. Their services include smart contract auditing and blockchain security evaluations, meeting compliance requirements across various regions globally, and fostering innovation and safety in the stablecoin sector.
DeFi asset management protocol Enzyme connects to OKX Web3 wallet
According to the official website, DeFi asset management protocol Enzyme has now been integrated into the OKX Web3 wallet. Users can explore DeFi protocols, filter and invest in on-chain strategies, and create and manage assets on Enzyme through the OKX Web3 wallet plugin. Enzyme is a decentralized asset management infrastructure built on Ethereum and Polygon, and connects to dozens of DeFi protocols, providing users with a range of tools and features to build and run various on-chain asset management strategies.
Web3 social platform Seam Social completed US$2.5 million in seed round financing, led by 1kx
Web3 social platform Seam Social completed a $2.5 million seed round financing, led by 1kx with participation from Seed Club, Sfermion, f7 Ventures, Social Graph Ventures, and others. The raised funds will be used to establish a market, attract developers to create new mini applications, launch mobile applications, and expand the team to create customizable and user-owned social media.
Bosch launches Web3 smart sensor to enter the decentralized infrastructure market
Manufacturing giant Bosch has announced the launch of a Web3 smart sensor called the "Bosch XDK110 Rapid Prototyping Kit", which can capture data such as weather, light, noise pollution, and seismic activity, surpassing the capabilities of traditional sensors. The relevant data is integrated into the Web3 framework and plays a key role in the decentralized physical infrastructure network (DePIN). In addition, Bosch's Web3 sensors provide a unique digital identity for each device. This individuality marks a significant breakthrough in the field of device identification and interaction. These devices are integrated with peaq and utilize Polkadot's "Canary Network" Kusama.
