Compiled by: flowie, ChainCatcher
“What important events have occurred in the past 24 hours?”
1. DCG closes its wealth management division
According to The Information, DCG's Genesis Global Trading has just announced further layoffs and the closure of a wealth management division called HQ Digital.
HQ is said to manage more than $3.5 billion in assets. A DCG spokesperson did not respond to a request for comment. (Source link)
2. MetaMask: Wyre has been removed from mobile aggregators, please do not use Wyre
MetaMask’s official Twitter account said, “Wyre has been removed from our mobile aggregator, please do not use Wyre. We are currently working on removing the extension, thank you for your patience. Apple Pay, credit cards, and bank transfers can still use Transak, MoonPay, and Sardine (US only).”
Earlier, Axios reported that crypto payment provider Wyre was suspected of shutting down. A former employee cited an email from Wyre CEO Ioannis Giannaros saying that the company would liquidate and terminate services as soon as this month. Another former employee said the company did not offer any severance pay. However, Giannaros responded to Axios that the company is still operating and plans to scale down in the near future. (Source link)
3. Huobi plans to lay off about 20% of its employees and appoint a new head of human resources and administration
According to Reuters, Huobi committee member Justin Sun said that the cryptocurrency trading platform Huobi plans to lay off about 20% of its employees, and said that "structural adjustments" have not yet begun and are expected to be completed in the first quarter. In addition, according to BlockBeats, Huobi's official internal letter shows that Huobi has decided that Ryan Wang, the head of the group's internal audit department, will concurrently serve as the head of the group's human resources and administration department, and Mike Hu will no longer serve as the head of the group's human resources and administration department in response to the company's organizational upgrades and business development needs, after the resolution of the Global Advisory Committee.
According to previous reports, people familiar with the matter said at the end of 2022 that Huobi will continue to lay off employees in 2023, with the scale of layoffs expected to reach 40%. Currently, the total number of Huobi employees is about 1,600. At the same time, some Huobi employees will re-sign contracts, recalculate their length of service, and cancel the five insurances and one housing fund subsidies. (Source link)
4. Ark Invest once again increased its holdings of Coinbase shares worth $5 million
Cathie Wood's asset management company Ark Invest once again increased its holdings of Coinbase shares worth $5 million. Coinbase shares closed down 11.06% to $33.53 on Thursday.
According to previous reports, Ark Invest increased its holdings of Coinbase shares worth $5 million on December 30, a week ago. (Source link)
5. SBF files lawsuit seeking to prevent debtors from taking control of its $450 million stake in Robinhood
According to The Block, FTX co-founder Sam Bankman-Fried (SBF) has filed a lawsuit in court to try to prevent the debtor from controlling his $450 million stake in Robinhood. Lawyers representing SBF argued that the shares did not belong to any FTX-related entity currently in bankruptcy proceedings, and that SBF needed the money to pay his legal fees. The 56.2 million shares were previously purchased by SBF and another FTX co-founder Gary Wang through a special purpose vehicle, Emergent Fidelity Technology. (Source link)
6. Multi-signature wallet solution MSafe completes $5 million seed round of financing, led by Jump Crypto
MSafe, the multi-signature wallet solution for the Aptos ecosystem, announced today that it has completed a $5 million seed round of financing. The round was led by Jump Crypto, with participation from Circle Ventures, Coinbase Ventures, Superscrypt (founded by Temasek), Redpoint Ventures, SV Angel, Shima Capital and Spartan Group.
It is reported that MSafe has currently integrated 12 major projects in the Aptos ecosystem, including Dex (LiquditySwap), NFT market (Souffl3), cross-chain bridge (Wormhole), decentralized financial protocol Aris market, stablecoin provider Thala labs, etc. (Source link)
7. Digital collectibles platform Candy Digital completes A1 round of financing, led by Galaxy and ConsenSys Mesh
Digital collectibles platform Candy Digital announced that it has completed its A1 round of financing, led by Galaxy and ConsenSys Mesh, with participation from 10T Holdings and ConsenSys. Specific financing terms have not been disclosed.
It is reported that Candy Digital was launched in 2021 with the mission of developing fan economy by developing digital collectibles and experiences. It will continue to expand its flagship digital product business, including ICON trading cards, tickets, etc. Through the new partnership with ConsenSys Mesh and ConsenSys, Candy will accelerate the development of its platform, tools and experience capabilities. (Source link)
"What are the interesting articles worth reading in the past 24 hours?"
1. "Redline DAO in-depth research: Why are we optimistic about the future of Web3 wallets?"
Wallets are not only the first entrance to Web3, but also the foundation for the development of on-chain domain names (such as ENS), Soul-Bounded Tokens, and on-chain reputation systems (Decentralized Identifiers). Without a secure wallet environment, the construction of Web3 Lego will not have a solid foundation. Redline DAO explains from multiple dimensions why we are optimistic about the future of Web3 wallets?
2. Bankless: 2022 Forecast Review and 2023 Trend Forecast
Bankless summarizes and scores the results of its 2022 team forecasts, including founders Ryan Sean Adams, David Hoffman and analyst William M. Peaster, and makes predictions for 2023 trends.
Founder Ryan Sean Adams gave an overall grade of C- for 2022, with successful predictions including L2 market capitalization entering the top 10, the development of DAOs, and the expansion of NFTs. His predictions for 2023 include: the crypto market capitalization will eventually exceed $2 trillion, Ethereum will fall to three digits, and DeFi will return to $125 billion TVL.
3. "Selling $12 million in 12 minutes, how did the comedy community 9GAG make Memeland popular?"
At the beginning of 2023, Memeland became one of the hottest projects in the NFT market with the release of its latest NFT series. Throughout the development history of this project over the past year, there have been too many noteworthy milestones. This article will try to explain how 9GAG gradually transformed from a Web2 content company to a Web3 with the help of Memeland, an NFT brand.