What Happened on Jan. 10th|Coinbase Announces Third Layoff in Seven Months

TI Research

On January 10th, Coinbase announced the decision to cut 950 jobs. Flare Network airdropped 4.279 billion $FLR to qualified $XRP holders. BlockFi will file assets and liabilities for bankruptcy cases on Jan 11th. Gemini's co-founder requested DCG to remove Barry Silbert as CEO.

DeFi

  • Flare Network airdrops 4.279 billion $FLR to qualified $XRP holders.
  • e-Money ceases issuance of Euro-backed stablecoin eEUR.
  • Defrost Finance deploys the refund contract, allowing users to claim refunds tomorrow.
  • yearn.finance launches Permissionless Vault Factory.
  • Boba Voyage was paused due to user experience issues.
  • Solana-based real estate derivatives platform Parcl is now live.
  • New Free DAO exploiter has transferred about 1,200 $BNB to Tornado Cash.

CeFi

Infrastructure

  • Mantle, a Layer2 solution developed by BitDAO, goes live on testnet.
  • ConsenSys zkEVM private beta is now open for selected users.

Policy & Regulation

Fundings

  • Metaverse infrastructure company Worlds closed a $21 million Series A1 funding round led by Moneta Ventures.

DeFi

Ethereum

Lending

Exchanges

Coinbase

Airdrop

Oracle

Stablecoins

TI Research

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