headlines
In the two days since the spot Bitcoin ETF was launched, GBTC outflows totaled US$579 million
BitMEX Research statistics show that on the second day of listing of the spot Bitcoin ETF, GBTC outflows were US$484 million, and the total GBTC outflows in the first two days were US$579 million.
Bloomberg ETF Analyst: Grayscale GBTC shows outflows may be due to accounting reasons
Bloomberg ETF analyst Eric Balchuna posted on the According to the latest data, although it is unknown what factors drive BTC prices on a daily basis, if the Bitcoin ETF wants to grow, it will need trading volume and low fees.
Characters Voices
U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler said that the court’s August 2023 ruling in favor of Grayscale changed the SEC’s view on Bitcoin spot ETFs. He said the SEC has rejected many Bitcoin spot ETF applications over the years, but that has changed. Grayscale’s win was key to the approval of a Bitcoin spot ETF as the SEC decided to move forward as the most sustainable path forward given the new court ruling. (Cointelgraph)
BlackRock CEO: Bitcoin is no different than gold
BlackRock CEO Larry Fink said Bitcoin is “no different” than gold and is an asset that protects you.
BlackRock CEO: Sees value in launching Ethereum ETF
BlackRock CEO Fink said he sees the value of launching an Ethereum ETF. (Reuters)
Franklin Templeton: Will continue to invest in and participate in blockchain and Web3 projects
Asset management company Franklin Templeton publicly stated on the
“Blockchain is the future and we will seek to develop, support and invest in this space in a meaningful way,” they said.
Industry news
Do Kwon is expected to be extradited to the United States by mid-March this year
Terra co-founder Do Kwon could be extradited to the United States by mid-March, his lawyer said. Do Kwon, who is currently detained in Montenegro for holding a false passport, has previously asked a U.S. court to postpone his SEC trial on January 29. Do Kwons extradition proceedings in Montenegro are in the final stages and Montenegro could order his extradition at any time, according to documents filed late Thursday in Manhattan federal court by Do Kwons lawyer, David Patton. So we know he could arrive in the U.S. as early as mid-March.
The latest statement issued by Gary Gensler on Friday stated that in addition to the previous Office of Inspector General of the U.S. Securities and Exchange Commission and the FBI, the agencies currently involved in the investigation of this incident have also added the Cybersecurity Department of the U.S. Department of Homeland Security and U.S. Infrastructure Security Agency (CISA), etc.
Project News
UniSat: Due to version issues, some platform transactions may result in the loss of inscriptions
UniSat Wallet stated that some trading platforms have not yet been upgraded to the Jubilee version. Transactions using the UniSat wallet on a non-upgraded platform may result in loss of inscriptions.
Before signing a transaction, users are required to carefully check the signature details and confirm the transfer of assets.
GameStop will cease NFT market operations on February 2
GameStop, a retailer of video games and related products, said it has decided to close its NFT market and will cease operations starting February 2 due to ongoing regulatory uncertainty in the cryptocurrency space.
In response to previous disclosures from people familiar with the matter that the cryptocurrency company Ripple Labs is repurchasing $285 million worth of company stock from early investors and employees, Ripple Chief Technology Officer David Schwartz responded on social media, saying that employees care more about their own stocks Options, RSUs or other liquidity channels, Ripple has no special reason to conduct an IPO for publicly traded stocks at this stage, and there is no real liquid market, and the equity markets of private companies are basically illiquid.
TRC 20-USDT circulation exceeds 50 billion, reaching a new high so far
Tronscan data shows that the circulation of TRC 20-USDT has exceeded 50 billion pieces, and currently exceeds 50.8 billion pieces, which is the first time it has exceeded the 50 billion mark. As of now, the number of accounts held by TRC 20-USDT has reached 36.4 million, and the cumulative number of transfers has exceeded 1.49 billion.
Investment and Financing
5G blockchain network Karrier One announced the completion of a strategic round of financing, with Sui Network participating in the investment. The specific financing amount has not yet been disclosed. In addition, the two parties have also reached a strategic partnership.
Karrier One is a decentralized mobile network that uses the Karrier One blockchain to seamlessly and anonymously connect smartphones and users, providing affordable, reliable mobile and internet connections. The new funds will be used to expand its decentralized physical foundation. Facility(DePIN) Technology.
Gaming platform SkyArk Chronicles raises $15 million, led by Binance Labs
3A gaming platform SkyArk Chronicles announced the completion of US$15 million in financing on the Participate in investment.
Abyss World will resume issuing SUI token airdrops to Gazer NFT holders
Web3 metagame matrix Abyss World announced that it will resume the issuance of SUI token airdrops to Gazer NFT holders. Affected by this news, AWT rose 20% in the short term, hitting $0.0043. Previously, due to investor scandals, Abyssworld decided to suspend the issuance of SUI token airdrops to Gazer NFT holders.
On January 4, Abyss World announced that it had received a new strategic round of additional financing from 2 Moon Capital, a move that will help the game be officially launched on the market this year.
RWA commercial lending protocol Kasu has announced the completion of a $3 million seed round led by Woodstock, Morningstar Ventures and Faculty Group, with participation from Cypher Capital, Matterblock, Andromeda Capital, NxGen, Rarestone Ventures, Asteroid Capital and Optic Capital.
The new funding will be used to advance Kasus innovative platform, which is focused on redefining todays RWA lending standards through proprietary technology that optimizes businesses cash flow to reduce credit risk and ultimately deliver superior risk management and returns.
Optimism announces the results of the third round of RetroPGF and will allocate 30 million OP
Optimism tweeted that the results of RetroPGF’s 3rd round of financing have been announced, and a total of 30 million OP will be allocated to Optimism Collective’s public product contributors.
RetroPGF primarily rewards individuals and projects that create the infrastructure, tools, and content that allow the Optimism ecosystem to thrive.
