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Legend is a mobile-first decentralized finance protocol. Users can trade, earn, and borrow digital assets, instantly and seamlessly, without centralized parties.
DeepSeek will complete a 100 billion yuan financing round.
According to multiple individuals involved in the transaction, large model company DeepSeek is set to complete its latest round of financing in the near future, increasing the funding amount from the previously planned 50 billion yuan to approximately 100 billion yuan. This is DeepSeek's second round of financing, with the proposed funding amount doubling in less than half a month. The proposed investment amounts from new and existing shareholders each account for roughly half. The doubling of the financing scale has not impacted the overall valuation, with DeepSeek's current pre-money valuation remaining at approximately 500 billion yuan. New investors in this round include Shixi Capital, SMIC Juyuan, CPE Source Link, Legend Capital, and Geely, primarily consisting of industrial investors.
DeepSeek to Complete 100 Billion Yuan Financing
Odaily News: Multiple sources involved in the deal stated that large model company DeepSeek will complete its latest funding round in the near future, with the financing amount increased from the previously planned 50 billion yuan to approximately 100 billion yuan. This is DeepSeek's second funding round, and the proposed financing amount doubled in less than half a month. Among them, the proposed investment amounts from new and existing shareholders each account for roughly half. The doubling of the financing scale did not affect the overall valuation, and DeepSeek's current pre-money valuation remains at approximately 500 billion yuan. New investors in this round include Shixi Capital, SMIC Capital, CPE Yuanfeng, Legend Capital, Geely, and others, predominantly industrial investors. (Caijing Magazine)
Legend Completes $3.5M Seed Funding Round Led by Electric Capital
According to official announcements, Legend, a decentralized exchange protocol, has completed a $3.5 million seed funding round led by Electric Capital, with participation from Amber Group and GSR. Its total funding has now exceeded $5 million.
Cambodia Exposes Largest Scam Compound "Park 8" for the First Time: Huione Pay Was Once Operating There, Linked to Prince Group
Odaily News: Cambodia has for the first time publicly revealed the internal operations of the scam compound "Park 8," the largest fraud city in Cambodia, capable of housing up to 20,000 workers who have been trafficked and forced to engage in online fraud. It is operated by the Cambodian company Legend Innovation.Blockchain analytics firm Elliptic found that the operating company is linked to Prince Group. Legend Innovation is alleged to have connections to the US- and UK-sanctioned Prince Group through company phone numbers, director activities, and related business records. Specifically, the phone number registered to Legend Innovation previously appeared in the records of a real estate company allegedly belonging to the Prince Group network. A Huione Pay physical store was once operating inside the compound, allowing people to exchange cryptocurrency and cash, while Huione Logistics was alleged to provide freight services between Thailand, Vietnam, Cambodia, and the compound. (Caixin)
Cambodia Publicly Identifies Legend Innovation, Operator of Largest Telecom Fraud Hub, Tied to Prince Group
According to Caixin, Cambodia has publicly disclosed the inner workings of the telecom fraud compound known as "Zone 8" for the first time. Dubbed a "scam city," it is Cambodia's largest fraud operation, capable of housing up to 20,000 individuals trafficked and forced to engage in online fraud. The site is operated by the Cambodian company Legend Innovation. Blockchain analytics firm Elliptic's investigation revealed that the operator is linked to Prince Group. Legend Innovation is alleged to maintain ties with the US- and UK-sanctioned Prince Group through corporate phone numbers, director activities, and related business records. Notably, the registered phone number used by Legend Innovation previously appeared in documents concerning a real estate company alleged to be part of Prince Group's network.
Unitree Robotics Unveils New Robot H2-X "Kung Fu Legend Guardian" with Up to 8 Hours of Battery Life
Unitree Robotics has launched a new robot product, the H2-X "Kung Fu Legend Guardian" (Kung Fu Legend Guardian). According to official information, the robot features both service and security guardian capabilities, with a maximum battery life of approximately 8 hours.
Robinhood officially opens social feature Robinhood Social to all users
Robinhood CEO Vlad Tenev announced that Robinhood Social is now officially live for all users. The feature allows users to share market charts, profit and loss (P&L), and portfolio holdings, and enables following specific traders while receiving real-time news and company updates. Additionally, these features will be integrated into its Legend trading platform over the coming weeks.
Robinhood Opens Social Trading Feature to Eligible U.S. Users, Coming Soon to Legend Desktop
Odaily reports: Robinhood has announced that its social trading network is now open to all eligible U.S. users. CEO Vlad Tenev said on October 13 that the feature is an in-app feed built around users' trades and performance, allowing users to follow other traders, view shared account activity, and initiate eligible trades directly from posts via the Quick trade function. Tenev said Robinhood Social is now live for everyone, enabling users to share charts, profit and loss, and portfolio allocations, as well as receive news and company updates.The feature began testing in March of this year. Users can choose to make their trading records public, and the platform will not automatically disclose all trades. Currently, the service is only available to eligible U.S. customers and does not yet support sharing futures and multi-leg options trades. Tenev said Robinhood Social will also launch on desktop trading platform Robinhood Legend in the coming weeks. (The Defiant)
Related news
Unitree Robotics Unveils New Robot H2-X "Kung Fu Legend Guardian" with Up to 8 Hours of Battery Life
Unitree Robotics has launched a new robot product, the H2-X "Kung Fu Legend Guardian" (Kung Fu Legend Guardian). According to official information, the robot features both service and security guardian capabilities, with a maximum battery life of approximately 8 hours.
Robinhood officially opens social feature Robinhood Social to all users
Robinhood CEO Vlad Tenev announced that Robinhood Social is now officially live for all users. The feature allows users to share market charts, profit and loss (P&L), and portfolio holdings, and enables following specific traders while receiving real-time news and company updates. Additionally, these features will be integrated into its Legend trading platform over the coming weeks.
Robinhood Opens Social Trading Feature to Eligible U.S. Users, Coming Soon to Legend Desktop
Odaily reports: Robinhood has announced that its social trading network is now open to all eligible U.S. users. CEO Vlad Tenev said on October 13 that the feature is an in-app feed built around users' trades and performance, allowing users to follow other traders, view shared account activity, and initiate eligible trades directly from posts via the Quick trade function. Tenev said Robinhood Social is now live for everyone, enabling users to share charts, profit and loss, and portfolio allocations, as well as receive news and company updates.The feature began testing in March of this year. Users can choose to make their trading records public, and the platform will not automatically disclose all trades. Currently, the service is only available to eligible U.S. customers and does not yet support sharing futures and multi-leg options trades. Tenev said Robinhood Social will also launch on desktop trading platform Robinhood Legend in the coming weeks. (The Defiant)
DeepSeek will complete a 100 billion yuan financing round.
According to multiple individuals involved in the transaction, large model company DeepSeek is set to complete its latest round of financing in the near future, increasing the funding amount from the previously planned 50 billion yuan to approximately 100 billion yuan. This is DeepSeek's second round of financing, with the proposed funding amount doubling in less than half a month. The proposed investment amounts from new and existing shareholders each account for roughly half. The doubling of the financing scale has not impacted the overall valuation, with DeepSeek's current pre-money valuation remaining at approximately 500 billion yuan. New investors in this round include Shixi Capital, SMIC Juyuan, CPE Source Link, Legend Capital, and Geely, primarily consisting of industrial investors.
DeepSeek to Complete 100 Billion Yuan Financing
Odaily News: Multiple sources involved in the deal stated that large model company DeepSeek will complete its latest funding round in the near future, with the financing amount increased from the previously planned 50 billion yuan to approximately 100 billion yuan. This is DeepSeek's second funding round, and the proposed financing amount doubled in less than half a month. Among them, the proposed investment amounts from new and existing shareholders each account for roughly half. The doubling of the financing scale did not affect the overall valuation, and DeepSeek's current pre-money valuation remains at approximately 500 billion yuan. New investors in this round include Shixi Capital, SMIC Capital, CPE Yuanfeng, Legend Capital, Geely, and others, predominantly industrial investors. (Caijing Magazine)
Cambodia Exposes Largest Scam Compound "Park 8" for the First Time: Huione Pay Was Once Operating There, Linked to Prince Group
Odaily News: Cambodia has for the first time publicly revealed the internal operations of the scam compound "Park 8," the largest fraud city in Cambodia, capable of housing up to 20,000 workers who have been trafficked and forced to engage in online fraud. It is operated by the Cambodian company Legend Innovation.Blockchain analytics firm Elliptic found that the operating company is linked to Prince Group. Legend Innovation is alleged to have connections to the US- and UK-sanctioned Prince Group through company phone numbers, director activities, and related business records. Specifically, the phone number registered to Legend Innovation previously appeared in the records of a real estate company allegedly belonging to the Prince Group network. A Huione Pay physical store was once operating inside the compound, allowing people to exchange cryptocurrency and cash, while Huione Logistics was alleged to provide freight services between Thailand, Vietnam, Cambodia, and the compound. (Caixin)