What Happened on Jan. 6th｜Huobi to Cut 20% of Workforce

Jan 06, 2023, 14:10

TI Research

On January 6th, crypto exchange Huobi confirmed it will lay off 20% of staff. DCG shutters its wealth management division. Illuvium: Zero is now available to Illuvium Land holders. Vauld rejects Nexo's latest acquisition proposal.

DeFi

Kava 12 will launch on January 19th to develop on-chain DAO.

CeFi

Crypto exchange Huobi will lay off 20% of staff.
DCG shutters its wealth management division.
Cathie Wood's ARK Invest buys about $5M of COIN.
Crypto-trading firm Genesis lays off 30% of its staff.
Three Arrows Capital founders were subpoenaed by Tweet.
Ex-Celsius CEO was sued by NY for duping crypto investors.
Vauld rejects Nexo's 'final' acquisition proposal.
Marex solutions issues Coinbase-linked structured products.
ChatGPT creator will sell shares in a tender offer at a $29 billion valuation.

Infrastructure

MetaMask removed Wyre from the mobile aggregator.

Metaverse & NFTs

Mutant Ape Planet NFT developer Aurelien Michel was arrested for alleged $2.9 million fraud.
Illuvium: Zero is now available to Illuvium Land holders.

Policy & Regulation

Bank of France Governor: Tougher regulation for crypto companies.

Fundings

NFT company Candy Digital closed a Series A1 funding round led by Galaxy Digital and others.

TI Research

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What Happened on Jan. 6th｜Huobi to Cut 20% of Workforce

DeFi

CeFi

Infrastructure

Metaverse & NFTs

Policy & Regulation

Fundings

TI Research

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