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In the first half of the year, African blockchain companies raised more than US$300 million

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Time:8/4/2022 2:57:48 AM

[African blockchain companies raised more than US$300 million in the first half of the year] According to news on August 3, blockchain investment in Africa is strong. African blockchain companies raised $304 million in the first half of this year. That's roughly more than double last year's full-year total of $127 million. It was $91 million in the first quarter and $213 million in the second quarter. (Nation.africa)

Other news:

DeFi agreement Alpaca Finance's NFT Avatar series sales revenue reached US$3.6 million in the first half of the year: On November 2, DeFi agreement Alpaca Finance announced that its NFT Avatar series sales revenue in the first half of the year reached US$3.6 million. Alpies is a cross-chain NFT collection on Ethereum and BSC, consisting of a total of 10,000 NFT Avatars, the collection consists of two sets of 5,000 alpies, sold in two parts, first on Binance Smart Chain (BSC) and then on Ethereum On the square, and can bridge between the two blockchains.

Alpaca conducted the Alpies sale in the first half of the year on the BSC through a Dutch auction, with an average selling price of 1.42 BNB, and the auction generated a total of $3.6 million worth of BNB. Alpaca has announced that the remaining 5,000 Alpies on Ethereum will be available for sale on the website at 2:00pm UTC on Tuesday, November 2nd. (Cointelegraph) [2021/11/2 6:26:43]

Ebang International's net loss in the first half of the year narrowed by 66%, and its stock price rose by more than 85% in the three months since its listing: On September 25, Ebang International (NASDAQ: EBON), the world's third largest bitcoin mining machine manufacturer, disclosed the first six Monthly unaudited financial performance report. According to financial report data, during the reporting period, Ebang International’s operating income reached US$11.0423 million, a decrease of 50.60% from US$22.3517 million in the same period of 2019; the net loss was US$6.9634 million, compared with US$19.071 million in the same period last year, and the loss narrowed 63.38%; the net loss attributable to shareholders was US$6.2123 million, which was 65.7% narrower than the net loss in the same period last year. According to the report, the decline in operating income is mainly due to the combined impact of COVID-19 and the Bitcoin halving event, and the expected income from Bitcoin-related activities (such as mining) has decreased, resulting in a significant reduction in the demand for mining machines and the average selling price. In terms of computing power, during the reporting period, the total computing power sold by Ebang International was 250,000 Thash/s, a year-on-year decrease of 86.02% from 1.82 million Thash/s in the same period of 2019. In terms of cost expenditure, in the first half of 2020, Ebang International's cost expenditure was US$12.0093 million, a year-on-year decrease of 70.13%. The year-on-year decline in cost expenditures is in line with the downward trend in sales volumes, the report said. In addition, Ebang International's operating expenses (sales expenses + management expenses) in the first half of the year were US$7.7105 million, a year-on-year decrease of 19.69%. (The Paper) [2020/9/27]

News | Dozens of digital currency fraud cases have been confirmed in Russia in the first half of the year: According to Cryptovest, the head of the Russian central bank regulator Valery Lyakh said that the number of digital currency fraud cases in Russia continued to increase in the first half of 2018. Regulators have now identified dozens of similar cases. [2018/7/30]

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