This Week's Blockchain Industry Financing Dynamics

This week, there were a total of 32 financing and acquisition cases announced in the Blockchain sector, involving an amount of approximately $309 million (, excluding projects with undisclosed specific amounts ), covering various fields such as digital asset management, trading platforms, mining, protocols, DeFi, and NFTs.

Regulatory Dynamics

1. Inner Mongolia plans to shut down all virtual currency mining projects by the end of April to ensure energy consumption targets are met.

2. The IRS updates documents confirming that purchasing cryptocurrency with fiat currency does not require reporting.

3. Bogotá Bank in Colombia launches cryptocurrency pilot, allowing select customers to engage in cryptocurrency trading.

4. The Vietnamese Ministry of Finance warns of the risks of cryptocurrency trading and advises investors to exercise caution.

5. The Nigerian Stock Exchange is committed to developing a regulatory framework for digital assets to promote financial inclusion.

Cryptocurrency

1. EIP-1559 has been officially included in the Ethereum "London" hard fork upgrade, expected to launch in July.

2. Huobi Asset Management has obtained approval from the Hong Kong Securities and Futures Commission to invest in virtual asset portfolios.

3. Filecoin network upgraded to V10, Window PoSt message cost reduced by 90%.

4. The U.S. SEC rejected the XRP holders' petition to amend the Ripple lawsuit.

5. Tether was extorted, stating that it will not pay the ransom and has reported to law enforcement.

6. TON investment institutions require Telegram to compensate $100 million for the failure to launch.

7. BitGo obtains a trust license from the New York State Department of Financial Services.

Mining News

1. The Argentine startup accelerator Grupo Neutrón has invested millions of dollars to develop a cryptocurrency mining business.

2. The listed mining company Bitfarms has ordered 48,000 new mining machines, which are expected to be delivered by the end of 2022.

3. Neptune Digital Assets announced that it will start Bitcoin mining operations.

4. American Bitcoin miner Blockcap will purchase another 8,400 mining machines.

Major Investment and Financing News

1. ShadowsNetwork completed a financing of $1.64 million.

2. The Polkadot ecosystem currency market protocol Konomi has completed its private fundraising round.

3. Kine has completed two rounds of financing totaling 7 million USD and plans to launch its mainnet in March.

4. The ZKRollup scaling team MatterLabs has completed Series A financing, led by USV.

5. Tidal Finance completed a $1.8 million private placement.

6. American crypto tax company TaxBit completes $100 million in funding.

7. The Fantom Foundation received a $20 million investment from BlockTower Capital.

8. The DeFi protocol Sovryn raised 10 million dollars through a token sale.

9. Cryptocurrency mining startup Compass Mining completed a $1.7 million financing.

10. The Polkadex DEX protocol in the Polkadot ecosystem has completed a $3 million financing.