What Happened on Jan. 31st｜Cardano-based Stablecoin $DJED Live on Mainnet

DeFi

• Cardano-based decentralized stablecoin $DJED is live on mainnet.
• DEX dYdX releases ecosystem annual report.
• Friktion users who migrate to Ribbon by February 17th will be eligible for Ribbon's airdrop.

CeFi

• Pantera's Liquidity Token Fund rotates back into altcoins from BTC and ETH.
• Celsius is accused of running a Ponzi scheme, using new customer funds to pay for withdrawals.
• OKX will delist $GUSD.

Infrastructure

• Ethereum's first public withdrawals testnet Zhejiang will launch on February 1st.
• Oracle network Pyth launches on Arbitrum.

Metaverse & NFTs

• sudoswap launches governance token $SUDO.
• Axie Infinity: Homeland Season 1 is expected to start in 3 weeks.

Policy & Regulation

• Hong Kong Monetary Authority plans to bring stablecoin-related activities under regulation.
• UK Charity Commission has launched an inquiry into the FTX-funded foundation.
• SBF tried to transfer assets to regain control of FTX.

Fundings

• Blockchain security firm Sec3 raises $10M in a seed round led by Multicoin Capital.
• Sovereign Labs closes $7.4 million seed round led by Haun Ventures.