What Happened on Feb. 2nd｜Stargate Proposes to Reissue $STG to Eliminate Risk of Alameda's $STG Being Stolen

DeFi

• Bitcoin price goes up during Chinese New Year for nine years in row.
• RSS3 has announced that it has integrated the decentralized social protocol Nostr.
• Stargate proposes to reissue $STG to eliminate the risk of Alameda's $STG being stolen.
• Lending protocol Bonq suffers a $120M loss in a smart contract hack.
• Evmos releases the 2023 roadmap.
• Solana-based lending protocol Everlend Finance shuts down its app platform.

CeFi

• Binance completes the integration of $BUSD on the Optimism network, and opens deposits and withdrawals.
• Bank of America Burling Bank will offer Bitcoin services to its customers.
• Indonesian Trade Ministry plans to launch a crypto exchange by June 2023.
• U.S. crypto exchange Bittrex is laying off 83 employees.
• Twitter will no longer offer free API starting Feb. 9.

Infrastructure

• Optimism Foundation proposes to upgrade Optimism mainnet to Bedrock.
• MetaMask's new feature makes it easier for users to change RPC providers.
• ZenGo proposes EIP-6384 to tatackle the problem of offline signature exploits.
• Ethereum Zhejiang testnet goes live.

Policy & Regulation

• South Korean Prosecutor detains Bithumb's actual owner Kang Jong-hyun on suspicion of embezzlement.

Fundings

• Web3 marketing company Addressable closed a $7.5 million round led by Viola Ventures and others.

Recommended Reading

• jGLP From JonesDAO - How It Offers Higher Yield for $GLP Holders
• What Is StakeWise? What's New in v3? - Rating & Analysis
• Newly Listed Tokens Overview by TokenInsight [2023 Week4]