What Happened on Dec. 12th｜Binance Listed Magic ($MAGIC) in the Innovation Zone

DeFi

• The hardware wallet Ledger is now integrated with Yearn.
• SushiSwap CEO reveals DEX lost $30m on LP incentives this year.
• Helio Protocol begins deployment of new $ankrBNB token to replace existing $aBNBc.
• ParaSpace plans to launch governance token in Q1 2023.

CeFi

• Binance listed Magic ($MAGIC) in the Innovation Zone.
• Ark Invest added 78,982 shares of Coinbase stock.
• Bitget released a notice about the support of deposits and withdrawals on the WEMIX mainnet only.
• Nansen CEO: Crypto startups will be extremely challenged in 2023.
• SBF: Consider forming new venture to repay investor losses.

Infrastructure

• Gaming public chain Oasys mainnet launches.

Metaverse & NFTs

• Binance NFT marketplace launches Ape NFT Staking program.

Policy & Regulation

• Correction: News of South Korean regulators' involvement in cryptocurrency listing review is not true.
• South Korean regulators may intervene in cryptocurrency listing review.
• Minnesota Representative: SEC Chair Gary Gensler must testify before congress.

Fundings

• Web3 startup Nillion closes $20 million funding round with HashKey involved.
• Crypto insurance firm Evertas closes $14 million funding round led by Polychain Capital.