What Happened on Dec. 27th｜Nexo Submits New Proposal for Acquisition to Vauld's Creditors

DeFi

• Trader Joe is officially live on Arbitrum.
• Polygon will go deep into PFP and Art in 2023, says Polygon Studios CEO.
• Data: TVL of Solana drops to $214.96 million, down ~98% from November 2021 all-time high.
• BitKeep exploiter has transferred 1.18m $DAI to exchange.
• Multi-chain DeFi platform Krystal now supports the Solana network.
• Raydium community release of user compensation proposal open for voting.
• Waves founder releases Waves 2.0 plan with adaptive DAO governance-based stablecoin.
• Neutrino community votes to approve proposal regarding transforming $USDN into a multi-collateral asset with a soft peg.
• Distributed routing protocol Syntropy chooses Cosmos for Web3 development.
• Defrost Finance will return hacked funds to rightful owners as soon as possible.
• Team Finance Exploiter-labeled address has transferred 102 $ETH and 260,000 $DAI to a new address.

CeFi

• Nexo denies the termination of Vauld's acquisition,and has submitted a new proposal for acquisition to Vauld's creditors.

Metaverse & NFTs

• The company that owns One Times Square has filed NFT-related trademark applications.
• Fidelity has filed trademark applications related to the metaverse.

Policy & Regulation

• Seoul Central District Prosecutors Office indicts cross-border money transfer gang for $1.4 billion.