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Crypto Morning Briefing: Tencent Teams Up with MultiversX To Expand Web3 Strategy; FTX Digital Markets Commingled Client Funds

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Tencent Teams Up with MultiversX To Expand Web3 Strategy

MultiversX said Thursday it is partnering with Tencent Cloud to help the company expand its Web3 products. Tencent Cloud is the cloud component of the massive Chinese tech company’s portfolio, which also includes messaging app WeChat.

South Korea Plans A Key Arrest Relating To Terra (LUNA) Crisis

Recently, South Korean prosecutors filed an arrest warrant for the former CEO of an e-commerce giant, TMON, who was identified as ‘Mr. A’.

FTX Digital Markets Commingled Client Funds, Bahamian Liquidators Say

FTX Digital Markets, the crypto exchange’s Bahamian entity, commingled customer and corporate funds, according to a report filed in court earlier this month.

Bitget Announced Panda Farm (BBO) Token Sale On Its Re-launched Launchpad Platform

Bitget, the world’s largest crypto copy trading exchange, announced the relaunch of its Launchpad platform, which provides exclusive access to promising blockchain projects at an early stage. Panda Farm (BBO), the first completely decentralized GameFi project running on Arbitrum, will be launched on Bitget Launchpad on February 16. A total of 1,000,000 BBO utility tokens will be offered for purchase.

eBay NFT Platform KnownOrigin Launches Creator Smart Contract

According to a new twitter post on Feb. 16, e-commerce platform eBay's nonfungible tokens (NFT) marketplace KnownOrigin will launch creator smart contracts for its artists. With the new contract, artists will be able to split earnings and earn royalties as co-creators.

Market Watch

As of press time, according to Cointime data:

BTC 's live price is $24,478.32 USD, jumped by 1.55% in the last 24 hours;

ETH’s live price is $1,678.51 USD, jumped by 0.53% in the last 24 hours;

BNB’s live price is $312.59 USD, dropped by 0.89% in the last 24 hours;

XRP's live price is $0.39 USD, dropped by 1.70% in the last 24 hours.

Fundraising News

Web3 Messaging Platform Salsa Raises $2M in Pre-Seed Round

Web3 native messaging platform Salsa has raised $2 million in a pre-seed funding round led by IDEO CoLab VC and Inflection.xyz. The capital will help Salsa expand its newly launched mobile app to brands looking for a crypto-native way to engage their audiences.

Prevu3D Raises $10 Million in a Funding Round Led by Cycle Capital

Prevu3D happened to have been successful in securing a loan amount of $10 million through a Series A round. This was duly led by Cycle Capital. It also brought in some of the previous investors of the entity, such as Brightspark Ventures and Desjardins Capital.

Get the latest news here: Cointime channel — https://t.me/cointime_en

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