Daily Report | Celsius sells a large amount of LINK, SNX and other altcoins; ConsenSys reportedly communicates with potential investors about the latest financing

整理：flowie，ChainCatcher

"What Important Events Happened in the Last 24 Hours"

1. Insider: ConsenSys Recently Communicated with Potential Investors Regarding Financing
According to ChainCatcher, citing insiders from The Block, MetaMask's parent company ConsenSys has held talks with potential investors in recent weeks. A ConsenSys spokesperson stated that while the startup sometimes considers "adding investors," it still has a significant amount of cash and does not need new funding.

Additionally, two individuals familiar with ConsenSys's recent financing indicated that the new round of financing might lower its valuation, but the ConsenSys spokesperson stated that existing shareholders would not accept equity dilution below the valuation of the D round financing, and any claims that ConsenSys would lower its valuation are inaccurate. Furthermore, the ConsenSys spokesperson mentioned that ConsenSys has been using its own funds to repurchase shares.

According to the crypto data platform RootData, ConsenSys completed a $450 million D round financing at a valuation of $7 billion on March 15, 2022.

2. Lens Protocol Officially Releases V2 Version, Adding Support for External Smart Contracts and More
The Web3 social protocol Lens Protocol officially released its V2 version during the EthCC conference in Paris, focusing on "openness and composability, shared benefits, trust, and security." Users can now execute external smart contract operations directly within Lens publications, and the Lens V2 has added the ability to interact with smart contracts within social media.

The new version of Lens Protocol also integrates the platform with the ERC-6551 token standard, allowing NFT ownership to be attached to other assets and interact with applications. New third-party contract operation permissions include adding whitelist functionality, minting NFTs on Sound.xyz (Ethereum mainnet), and minting NFTs on Opensea (Polygon), among others.

Additionally, Lens Protocol has introduced asset management features: including delegating operations to any wallet, meaning users can perform operations using other wallets, not just a single wallet; directly storing profiles on hardware wallets, which can be used in another wallet; and the new version supports storing DAO or community profiles in multi-signature wallets, which can be accessed from one or multiple addresses. This ensures the security and access control of profiles and allows multiple addresses to be associated with them. (Source link)

3. Account Abstraction Wallet Echooo Wallet Completes $15 Million Financing at a $100 Million Valuation, with Participation from A&T Capital and Others
According to Cointime, the account abstraction crypto wallet Echooo Wallet has completed a $15 million financing at a $100 million valuation, with participation from Skyview Capital, A&T Capital, and others.

Additionally, Echooo Wallet announced that it will launch a "limited-time free account abstraction wallet giveaway" event today at 22:00 Beijing time. (Source link)

4. Zhu Su Announces Altcoins to Focus on This Cycle, Including MKR, SNX, COMP, RLB, OX, and PEPE
Zhu Su, founder of Three Arrows Capital and OPNX, announced on Twitter the altcoins he will focus on this cycle, including MKR, SNX, COMP, AAVE, RLB, and OX in the DeFi space, as well as the meme coin PEPE and Bitcoin. (Source link)

5. Xu Mingxing: All Non-Compliant Centralized Platforms Will Face High Risks, Multichain is the Latest Case
Xu Mingxing stated on social media that in the current industry environment, all centralized trading platforms and cross-chain bridges that do not fully comply with KYC, AML, and other compliance controls will face high risks in any jurisdiction. Multichain is the latest case; please protect your personal crypto assets. (Source link)

6. Celsius Sells Large Amounts of Altcoins, Including 1.27 Million LINK, 2.83 Million SNX, 4.45 Million 1INCH, and More
According to Lookonchain monitoring, Celsius has begun selling altcoins, including 1.27 million LINK ($8.5 million), 2.83 million SNX ($7.84 million), 12,597 BNB ($3 million), 4.45 million 1INCH ($2.26 million), 8.53 million ZRX ($1.9 million), and 439,000 FTT ($713,000) transferred to FalconX; 186,149 BONE ($235,000) was deposited into OKX. Additionally, FalconX has started depositing altcoins into Binance for sale.

Previously, New York Southern District Bankruptcy Judge Martin Glenn approved Celsius to sell or exchange any altcoins for BTC and ETH starting July 1. (Source link)

7. Data: Since November 2022, MakerDAO Co-Founder Has Sold a Cumulative 13.57 Million LDO and Repurchased Over 30,000 MKR
According to Twitter user Yu Jin's monitoring, from November 2022 to April 2023, MakerDAO co-founder Rune Christensen sold a cumulative 13.57 million LDO (approximately $26.14 million) at an average selling price of $1.92; from November 2022 to July 2023, he bought a total of 32,637 MKR (approximately $23.95 million) at an average buying price of $734. The funds for repurchasing MKR came entirely from the sale of LDO.

Currently, Rune holds a total of 123,893 MKR (approximately $12.2 million) across two addresses, accounting for 12.6% of the total circulating supply (977,631 MKR). (Source link)

8. JJ Lin Shares His New Azuki NFT on Twitter
Singer JJ Lin showcased his new Azuki NFT on Twitter. Previously, he displayed an Azuki NFT on Instagram on March 11, 2022. (Source link)

9. Meitu: Expected to Turn Losses into Profits in the First Half of the Year, Mainly Due to the Rise in Cryptocurrency Prices
Meitu announced that it expects to turn losses into profits in the first half of the year, with a net profit between 220 million and 265 million yuan. The expected turnaround is mainly attributed to the market price of purchased cryptocurrencies as of June 30, 2023, being higher than the market price on December 31, 2022, resulting in a reversal of impairment losses of approximately 185 million yuan. Since the cryptocurrency purchases in March and April 2021, the group has not bought or sold any cryptocurrencies based on its cryptocurrency investment plan.

"What Interesting Articles Are Worth Reading in the Last 24 Hours"

**1. *“Market Analysis and Value Insights from 6 Top Crypto VCs”* **

This article discusses the crypto venture capital industry, focusing on six top crypto VC firms, including a16z, Multicoin Capital, Paradigm, Mechanism Capital, Polychain, and Variant Fund.

Compared to the entire year of 2019, these six firms made a total of 36 investments throughout the year, while they completed 49 investments in the first half of 2023, confirming the overall positive trend in the crypto ecosystem.

**2. *“Interview with Aura Network Founder: How Does an NFT-Specific Layer 1 Break into Web2 During the NFT Winter?”* **

Hoang-Giang Tran, a local entrepreneur in Vietnam and former Vice President of Vietnam's largest IT company FPT Software, founded the well-known local enterprise blockchain platform akaChain. With a professional background in cloud computing and blockchain, Hoang-Giang Tran became a member of the Forbes Technology Council in 2020.

Why did he choose to establish an NFT-specific Layer 1 Aura Network in 2021, and how does Aura Network respond to the NFT deep bear market and trust crisis? Has the active Vietnamese crypto community changed amid continuous shocks? This article interviews Aura Network founder and CEO Hoang-Giang Tran on these issues.

**3. *“Another Type of BTC ETF: The Story Behind MicroStrategy's Continuous Large Bitcoin Purchases”* **

MicroStrategy co-founder Michael Saylor purchased $250 million worth of Bitcoin in August 2020 as part of a capital allocation strategy. This bold strategy was based on expectations of Bitcoin's potential high returns and its appeal as a hedge against inflation. As a result, MicroStrategy's stock price has increased about threefold compared to early 2020.

As of July 2023, it holds over 150,000 BTC, making it the largest holder among publicly traded companies. Now, MicroStrategy's stock (MSTR) has become a proxy investment tool for Bitcoin, attracting the attention of large institutional investors like BlackRock, Vanguard, Morgan Stanley, and Fidelity.

This article will explore MicroStrategy's Bitcoin investment strategy, financial status, and Michael Saylor's vision in detail.