OKX Ventures Debuts at Davos to Discuss DeFi and the Future of Finance

The acquisition negotiations between PayPal, Stripe, and Advent Global Opportunities are heating up. Stripe and Advent proposed to acquire PayPal for $60.50 per share, with a total transaction valuation of approximately $53 billion. Neither PayPal nor Stripe has confirmed the relevant information. PayPal declined to comment, while Stripe stated that it will not respond to market rumors or speculation. PayPal CEO Enrique Lores launched a restructuring plan after taking office in March this year, splitting the business into three major directions and planning to lay off 20% of employees in the next two to three years.

According to CNBC, the US Commodity Futures Trading Commission (CFTC) is conducting an internal review of the market mentioned by prediction platform Kalshi. The CFTC notified Kalshi a few weeks ago about the review matter, and subsequently Kalshi removed the mention of the market related to sports. It is currently unclear whether the scope of the investigation covers all topics mentioned in the market.

Chip distribution data shows that in the past quarter, 50% of ETH's traded chips were concentrated in the range of $1697.93 to $1933.90, with the most concentrated price (POC) at $1871.44. The current ETH price is running in the middle of this range and above the POC price, which means that the POC price has shifted from the cost line to the psychological support line. As long as the price does not fall below POC, the short-term bullish pattern will be maintained. If the volume falls below POC, the bullish advantage will be invalidated. PRO "Chip Distribution" supports switching to more cycles to view the evolution trend of POC, helping to determine whether the support is firm. The data is for reference only.

[Vals AI Completes $40 Million Series A Financing, Valuation Reaches $400 Million] According to TechTimes, Vals AI has completed a $40 million Series A financing round at a valuation of $400 million, led by a16z, with participation from 8VC, Pear VC, Bloomberg Beta, HRT Ventures, and Next Ladder Ventures. Vals AI leverages an independent system to evaluate cutting-edge models launched by OpenAI, Anthropic, Google, Meta, and xAI. The new funds will be used to build evaluation infrastructure and launch testing tools for creating programming benchmarks based on enterprise GitHub code repositories.

Lido has launched the NEST automated LDO repurchase mechanism. When the DAO staking income surplus exceeds the benchmark of $40 million, 50% of the surplus will be automatically bought into LDO through CoW Swap; If the income falls below the baseline, the shortfall must be made up by subsequent earnings, with a daily purchase limit of $50000 and an annual limit of $10 million. The purchased LDO belongs to DAO.