- Indian Web3 gaming studio Kratos has completed a $20 million seed round financing with a valuation of $150 million. Accel led the round, with participation from Prosus Ventures, Courtside Ventures, Nexus Venture Partners, and Nazara Technologies. In addition, Kratos acquired IndiGG, a sub-DAO of Yield Guild Games DAO, through a token swap. This means that existing INDI token holders will be exchanged for new Kratos tokens, which will be launched within 12 months.
- Huawei’s official Twitter account tweeted on the 21st that its incubation project, Defactor, is a startup that connects traditional financial assets with the DeFi world. Huawei also released a promotional video for Defactor at its International Expansion Program in Ireland. Alejandro Gutierrez, co-founder of Defactor, said in the video, “Huawei can help us greatly expand our international scale.” Defactor’s token, FACTR, is currently priced at $0.12 with a 24-hour increase of 258%.
- Dan Tapiero, the founder of 10T Holdings, plans to launch a new cryptocurrency private equity (PE) fund company called 1RoundTable Partners. The goal is to raise up to $1 billion by the end of the third quarter for the flagship fund, 1RT Opportunities Fund.
- Hardware wallet company OneKey has announced the completion of its A+ round of financing with a valuation of $85 million. The round was led by IOSG Ventures.
- Twitter user Tree of Alpha tweeted that Twitter has started testing the addition of “Twitter Coins” wallet, with the only purchase option currently being through Stripe.
- Three Arrows Capital’s NFTs are going to be sold, and its liquidator Teneo has notified interested buyers of the information about the sale on February 22.
- Binance Semi-Automates B-Token Reserves Management After Errors. Process aims to ensure reserves and client funds are not mixed, New system will require collateral to be moved before minting
- The founder of the crypto pyramid scheme project Forsage has been sued for allegedly orchestrating a $340 million DeFi Ponzi scheme.
- Bitcoin NFT marketplace OpenOrdex has launched its mainnet and testnet, allowing sellers to create a partially signed bitcoin transaction (PSBT) that specifies the price for a given index. The seller can then sign the PSBT and broadcast it to the network.
- Synthetix, a synthetic asset protocol, has launched its V3 version on the Ethereum mainnet following comprehensive security audits by Open Zeppelin, Iosiro, and Macro.
- Uniswap has announced that it now supports purchasing NFTs with ERC-20 tokens, without requiring users to first exchange the ERC-20 tokens for ether. Currently, Uniswap only supports one ERC-20 token for this purpose, but plans to add support for multiple tokens in the future.
- The current text of the EU anti-money laundering regulatory draft may prohibit privacy-enhancing crypto assets and “anonymization tools”, including privacy wallets or cryptocurrency mixers. Additionally, the document clarifies that in most cases, these restrictive provisions do not apply to self-hosted wallets.