Everyrealm (previously Republic Realm) has closed $60M Series A financing round led by a16z. Coinbase Ventures, NGC, Dragonfly Capital, Hashed, Lightspeed, Griffin Gaming Partners, Liberty City Ventures, Dapper Labs, Flamingo DAO, Wilshire Lane Capital, Pillar VC, Valor Animoca Brands, Paris Hilton are among investors. Everyrealm is focused on metaverse real estate market.
KuCoin will list the first KCC-based project MojitoSwap on February 11th. MJT/USDT and MJT/KCS trading pairs will go live at 10:00 AM on February 11 (UTC). MojitoSwap is a DEX running on the KCC.
Web traffic to crypto exchanges in January 2022. According to the data from SimilarWeb in January a cumulative web traffic to cryptocurrency exchanges has decreased by 11%.
Huobi Global will list Moonbeam (GLMR) and Moonriver (MOVR) on February 8th. GLMR/USDT, MOVR/USDT trading will go live once liquidity conditions are met.
Data privacy platform Aleo raises $200M in Series B round. SoftBank Vision Fund 2 and Kora Management co-led the round, with Tiger Global, Andreessen Horowitz (a16z), Samsung Next, Slow Ventures, and Sea Capital also participating. Aleo is expected to launch its product in Q3, 2022.
Polygon has raised $450M in a new venture financing round. Sequoia Capital India led the round. Tiger Global, SoftBank, Galaxy Digital, Republic Capital, Makers Fund, Alameda Research, Animoca Brands, Spartan Fund, Dragonfly Capital and Variant Fund also participated in the token purchase.
Huobi Primelist will host KingdomX (KT) public sale on February 9th. 6.6M KT (0.66% of total supply) to be sold. 50% of the allocation will be available via lottery (1.8k lucky slots) and another 50% will be sold via proportional model among HT holders. Token sale price: $0.012 (at $12M FDV). Initial circulating supply: $781K. KT trading will open at 11:00 (UTC) on Feb 9. KingdomX aims to develop a blockchain-based NFT strategy war game.
Primex Finance raises $5.7M in seed funding. The round was co-led by Stratos Technologies and CoinFund, with participation from Hypersphere, GoldenTree Asset Management, Wintermute, GSR, and LedgerPrime. Primex aims to build a decentralized prime brokerage protocol for cross-margin trading on DEXes.
Infrastructure startup Qredo closes $80M Series A round at $460M valuation. Dan Tapiero’s 10T Holdings led the raise, alongside strategic investors Coinbase Ventures, Avalanche and Terra. Kingsway Capital, HOF Capital, Raptor Group and GoldenTree Asset Management also participated.
Top 20 most discussed cryptocurrencies on Twitter in January 2022. In the chart below you can find a share of mentions of each coin among top 150 coins by market cap.
Interoperability protocol Wormhole suffers one of the largest DeFi exploit to date, worth over $250M. An attacker has exploited a bridge between the Ethereum and Solana blockchains, for around $253M in ETH.