What Happened on Jan. 4th|SBF Pleads Not Guilty to Criminal Charges
DeFi
- Liquid staking protocol Tortuga Finance will expand to Sui.
- zkSync-based lending protocol Nexon Finance integrates with Orbiter Finance.
- Polygon streaming app SAVAGE announces partnership with Samsung.
- Web3 social protocol Inspect will shut down on January 17th.
- Optimism's third season of the Governance Fund Grants will begin on January 26th.
CeFi
- SBF pleads not guilty to criminal charges.
- Bitcoin miner Core Scientific will shut down Celsius' 37,000 crypto mining machines.
- MEXC launches $20 million ecosystem fund to support development of key projects on Sei Network.
- Binance will cease support for deposits and withdrawals of $MAGIC via the Ethereum network.
- Binance will burn 50 million $DAI that are not being used.
- Binance will remove 14 spot trading pairs including $ALPHA/$BNB.
- Indonesia plans to launch a national crypto exchange in the coming year.
Metaverse & NFTs
- NFT platform Virtualness has entered into an NFT distribution agreement with the PBA.
- YouTube journalist: Logan Paul's NFT game Crypto Zoo is a scam.
- NFT project Goobers's founder admits to gambling away user funds.
Policy & Regulation
- Feds launch FTX task force to recover victim assets.
Fundings
- Web3 wallet Assure Wallet closed a $1.4 million Pre-A funding round.
- Crypto gaming project Calvaria raises $2.5m in presale.
SBF
FTX
Mining
Staking
Optimism
NFT
DeFi
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