Evening News | Yingke will launch NFT products; Meta is exploring virtual currencies for the metaverse
The financial payment company Bolt Financial plans to acquire the cryptocurrency startup Wyre for approximately $1.5 billion.Organizer: Nianqing, Chain Catcher
"What important events have occurred in the past 12 hours?"
1. Meta is exploring a virtual currency called Zuck Bucks for the metaverse
Meta (formerly Facebook) has developed a plan to introduce virtual currencies, tokens, and lending services in its apps. According to several insiders, Facebook's financial division, Meta Financial Technologies, has been exploring the creation of a virtual currency for the company, internally referred to as "Zuck Bucks."
Meta is inclined to introduce in-app tokens that would be centrally controlled by the company, similar to tokens used in gaming apps. The company has recently been seeking alternative revenue sources and supporting e-commerce on the platform, delving into cryptocurrency and blockchain technology. (Source link)
2. Arbitrum Nitro Devnet is now live, and Arbitrum One will fully migrate to this network
Ethereum scaling solution developer Offchain Labs announced that Arbitrum Nitro Devnet (Developer Network) is now live on the Ethereum Görli testnet, along with the release of its codebase and the migration plan for Arbitrum One.
Arbitrum Nitro is described as the most advanced Rollup stack built to date, significantly improving throughput and reducing fees while allowing for rapid development of new scaling models on its foundation. Offchain Labs stated that the ultimate goal is to migrate Arbitrum One to the Nitro stack. (Source link)
3. Inke will launch NFT products and go live on OpenSea; domestic live streaming apps will also introduce digital collectibles
According to sources, Inke Interactive Group is set to launch NFT products abroad, designed around the IP character Xiao Ying under Inke. Its products will be available on OpenSea, the world's largest NFT trading platform. Domestically, Inke will also launch digital collectibles on the Inke live streaming app, but these collectibles will not be tradable. In the future, a digital collectibles exhibition hall will also be launched within the live streaming app for collection and display purposes. Additionally, several insiders revealed that Inke is developing virtual products, with an independent app set to launch. (Titan Media)
4. The Wall Street Journal: Financial payment company Bolt Financial is acquiring crypto startup Wyre for about $1.5 billion
According to the Wall Street Journal citing insiders, financial payment company Bolt Financial is acquiring crypto service startup Wyre Payments for approximately $1.5 billion.
Bolt Financial was founded by Ryan Breslow in 2014, focusing on one-click checkout services for merchants, having raised about $1.3 billion in venture capital with a valuation of around $11 billion. Wyre provides services for exchanging and trading cryptocurrencies between retail and commercial customers, holding remittance licenses in 27 U.S. states. (Source link)
5. Pantera Capital will launch a new fund, Pantera Select Fund, aiming to raise $200 million early next month
Pantera Capital will launch a new fund, Pantera Select Fund, with a goal of raising $200 million in early May. This fund aims to raise capital for three locked-in investments and seven to nine investments planned for next year. The three locked-in investments include a cryptocurrency financial service provider, Amber, an exchange in India, and a blockchain domain provider. (Source link)
"What articles are the editors of Chain Catcher reading?"
How to find the next Solana? In the final part of Multicoin Capital's trilogy, The Generalist explores where Multicoin is looking for future fund return projects, delving into emerging themes and groundbreaking startups. Multicoin seems to believe that the best way to achieve growth in cryptocurrency networks is to continue doing what they do best: identifying revolutionary projects early and helping them establish "status."
As one of the oldest and most successful top venture capital firms in Silicon Valley, Sequoia Capital has backed some of the most dazzling companies in the internet and fintech sectors, including Atari, Cisco, Yahoo, Google, Oracle, NVIDIA, PayPal, LinkedIn, Stripe, YouTube, and Instagram.
In recent years, with the rapid development of the crypto sector and the rush of traditional institutional giants entering the space, attention to the crypto field has surged. A brand new disruptive era may be unfolding. Meanwhile, Sequoia Capital's strategy in this field has shifted from "early experimentation" to "full embrace," beginning to follow in a16z's footsteps and making significant bets in the cryptocurrency space.
3. Frank Frank Frank, Who is Frank?
Today, a video of a polar bear walking has gone viral in various NFT communities, featuring polar bears with laser eyes, some wearing Nouns glasses representing unique Web3 characteristics, as well as cowboys, police, and elements familiar in our lives. This seemingly addictive meme-like NFT is currently priced around 0.7 ETH. Its name is Frank, and it has taken over social platforms like Twitter and Discord today; today, we are all Frank.
