What Happened on Jan. 9th｜$ETH Liquid Staking Protocol Gains Momentum as Shanghai Upgrade Gets Closer

DeFi

• $ETH liquid staking protocols are gaining momentum as the Shanghai upgrade is getting closer.
• Yield market protocol Timeless LBP will start on January 9th at 20:00 UTC.
• Nomad exploit related address has transferred about 1,205 $ETH to Tornado Cash.
• Carbon IDO will take place on platforms such as Poolz, Enjinstarter, etc.

CeFi

• Metropolitan Commercial Bank announced to end crypto-related services.
• Huobi Korea to sever corporate ties with parent company and operate independently.
• Australian crypto exchange Swyftx will close its crypto interest product.

Infrastructure

• Ethereum developers plan to launch public testnets for Shanghai upgrade in February, mainnet in March.

Metaverse & NFTs

• Gala Games is making movies with Dwayne Johnson, and $GALA will serve as Gas Token.
• OpenSea now supports Arbitrum Nova.

Policy & Regulation

• FTX cofounders' Robinhood shares worth about $456 million was seized.
• Seoul South District Prosecutor's Office summoned "Bithumb Beneficial Owner" on suspicion of embezzlement.

Fundings

• Blockchain gaming platform Rainmaker Games raises $4.7 million in funding.