What Happened on Dec. 28th｜Gemini Co-founders Sued by Investors

DeFi

• Gamma Strategies officially launches on Arbitrum.
• BNB Chain-based DEX Thena will go live on January 5th.
• DCA protocol Mean Finance is live on Ethereum.
• Platypus launches $USP stablecoin on testnet.
• DeFi project Mercurial will rebrand to Meteora and reset the existing tokenomics.
• aelf blockchain announces the foundation of aelf DAO.

CeFi

• Gemini co-founders are sued by investors.
• Sources: SBF met with 'Big Short' author Michael Lewis while under house arrest.
• FTX's SBF borrowed over $546 million from Alameda to buy Robinhood shares.
• Argo Blockchain sells mining facility to Galaxy Digital for $65 million.
• A creditor of Three Arrows Capital: hedge fund Multicoin is down 90% over the past 11 months.

Infrastructure

• BNB Beacon Chain testnet will have a hard fork upgrade on January 2nd and 12th, introducing a new staking mechanism.
• Ethereum Layer2 scaling solution Taiko releases the first public testnet.

Metaverse & NFTs

• Illuvium: Zero will enter Private Alpha on January 6th, 2023.
• Data: NFT project Pudgy Penguins floor price breaks 7 $ETH.