headlines
Fed's Tim Cook: Fed should be cautious about 'small' rate hikes in future
Odaily News Telegram CEO Pavel Durov said today that the company will continue to expand in the encryption field in the future. Telegram plans to launch a non-custodial encrypted wallet and DEX, which is expected to reach millions of users. (coindesk)
Uniswap officially launched the NFT market and will airdrop 5 million USDC to some Genie users
Uniswap officially launched the NFT market and will airdrop 5 million USDC to some Genie users
Initially, the aggregation platform will integrate OpenSea, X2Y2, LooksRare, Sudoswap, Larva Labs, X2Y2, Foundation, NFT 20, and NFTX.
Industry news
Kraken announces layoffs of 1,100 people, about 30% of its workforce
Texas asks SBF to appear at February hearing
Odaily News SBF has been summoned by Texas securities regulators for a February 2 hearing as part of an investigation into whether he and FTX.US violated Texas securities laws.
OpenSea: Platform NFT creators have earned $1 billion in royalties this year
Odaily News Justin Sun said today that FTX Ventures, a venture capital arm of FTX, has assets worth investing in and is currently reviewing these portfolio companies one by one. However, since FTX has entered bankruptcy proceedings, it may take longer to complete the relevant process. (Reuters)
Project News
StarkNet Mints 10 Billion STRK Tokens
Odaily News Etherscan data shows that StarkNet minted 10 billion STRK tokens.
Affected by FTX, Auros Global may not be able to repay the 2,400 wETH borrowed from Maple Finance
LooksRare announced the integration of Uniswap applet, users can trade some tokens in the platform
Odaily news Sui ecological domain name service Sui Name Service development company StorkLabs founder Anthony wrote that Sui Name Service is expected to issue SNS Token in the third quarter of 2023, with a total of 100 million pieces, of which 25% will be airdropped to the community, and 75% will be Allocated to core contributors and project treasury.
Investment and Financing
Odaily News DAO tool Catapult completed a $5 million seed round of financing, led by Blockchain Capital, with participation from Eden Block, Orange DAO and Reverie, as well as Stani Kulechov from Aave and Ryan Berken from Teller.
It is reported that Catapult was originally used as an entry tool for the decentralized community Index Coop, using on-chain data to build rich anonymous member profiles, which are searchable and allow better coordination and communication among members. (The Block)
Binance Capital Acquires Japanese Compliant Exchange Sakura Exchange BitCoin, Entering the Japanese Market
CoinDesk, an encrypted media under DCG, has received multiple letters of intent for acquisitions, with someone bidding $300 million
According to sources from Odaily, CoinDesk, an encrypted news media website under DCG, has received multiple letters of intent for acquisitions. Potential buyers include private equity firms, family offices, competitors such as Blockworks, and hedge funds looking for distressed assets. CoinDesk has yet to have a formal sale process, and one of the companies has proposed a purchase price of $300 million.
It is reported that CoinDesk's annual revenue is about 50 million US dollars. (Semafor)
Animoca Brands to Launch Up to $2 Billion Metaverse Fund
Bloomberg: LedgerX Plans to Provide $175M for FTX's Bankruptcy Proceedings
According to people familiar with the matter, LedgerX (FTX US Derivatives) is preparing to provide $175 million for FTX's bankruptcy proceedings. The funds, which could be moved as early as Wednesday, come from a $250 million fund set aside by LedgerX to seek regulatory approval to clear cryptocurrency derivatives trades without intermediaries. After FTX filed for bankruptcy protection, FTX US Derivatives withdrew its crypto derivatives direct liquidation plan from the US CFTC.
Lyra closes $3M strategic round with participation from Framework Ventures and GSR
Odaily News Option liquidity protocol Lyra announced the completion of a US$3 million strategic round of financing, with Framework Ventures and GSR participating.
Odaily News FTX founder SBF said in an interview with encryption whistleblower Tiffany Fong that he regretted starting bankruptcy proceedings. Had no bankruptcy been filed, all users would have been intact and FTX would be able to resume withdrawals soon. Eight minutes after signing the bankruptcy proceedings, there was a supplement of $4 billion in liquidity. FTX US users can expect to get 100% of their money back and FTX users can expect to get 25% of their money back. FTX US has always been 100% reserved, even if the hackers stole $250 million, it is also well-reserved.
Web3 wearable technology company Spatial LABS completes $4 million in financing, Jay-Z's Marcy Venture participates
Odaily news Web3 wearable technology start-up company Spatial LABS (sLABS) completed a $ 4 million Pre-Seed round of financing, Jay-Z's Marcy Venture participated in the investment. The company is raising Series A funding.
SBF: CZ's doubts and margin issues combined to cause FTX to go bankrupt
Regarding the role of Binance founder CZ in FTX's bankruptcy, SBF responded that without CZ's questioning behavior, "things would definitely be more stable and the ability to generate liquidity would be stronger, but there are still too many margins in the system." (position). I think it's a 50-50 split."
Web3 game studio Roboto Games completes $15 million in Series A funding led by a16z
Web3 game studio Roboto Games completes $15 million in Series A funding led by a16z
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SBF says its $100 million Twitter stake is missing, some may have been sold by Alameda
Odaily News SBF answered questions about his Twitter shares in an interview on Monday night. This is the first time SBF has responded to the topic since Elon Musk denied that SBF held a $100 million Twitter (post-acquisition) stake.
SBF said he had been intending to transfer at least some of his previous (pre-acquisition) $100 million Twitter stake to a new privately held company led by Musk, but he was unsure whether Alameda Research's previously owned Twitter stake was done. The transfer to the new Twitter company. SBF pointed out that at least some of Twitter's shares may have been sold before Twitter was taken private, but he could not confirm.
Foreign media: SBF's personal bank account balance is only $100,000
Odaily News When asked about his personal financial situation, SBF said in an interview, "Can I say negative? I mean I'm not sure. The last time I checked my bank account, I found that there was only $100,000. "
"It's complicated. Basically everything I have is related to the company," added SBF, whose personal fortune was reported to have reached $26.5 billion at one point.
