What Happened on Feb. 9th｜Aave's Native Stablecoin $GHO Goes Live on Ethereum's Goerli Testnet

DeFi

• Aave's native stablecoin $GHO goes live on Ethereum's Goerli testnet.
• A new liquidity market was proposed by the MakerDAO community.
• Aave community will vote on a proposal regarding adding $rETH to Aave V3 Ethereum.
• Flux Finance launched today to provide US Treasuries yield product.
• Major LSD projects' tokens jump on rumors of SEC staking ban.
• Lending protocol Silo Finance is live on Arbitrum.
• Prices of AI-related projects' tokens $AGIX and $FET are down over 20% in the last 24 hours.
• Umammi Finance CEO is reported to have dumped his token, causing $UMAMI plummet.

CeFi

• Huobi got phished? $FUD is slammed by the 'real' Debt DAO, price goes down.
• Peer-to-peer Bitcoin trading platform LocalBitcoins is shutting down.

Infrastructure

• RSS3's product Hoot.It will be connected to ChatGPT.

Metaverse & NFTs

• Bitcoin NFTs are bridged to Ethereum and sold on Opensea.
• Sound.xyz introduces curator rewards to earn 5% on primary mints by sharing Music and creating playlists.

Policy & Regulation

• US SEC may ban crypto staking for retail customers, says Coinbase CEO.
• Crypto exchange Kraken is under US SEC investigation.

Fundings

• Snapser raises $2.6m in a seed funding round led by a16z.