Evening News ｜Musk fires CEO and CFO after acquiring Twitter; Google launches Ethereum cloud node service

整理：flowie，ChainCatcher

"What Important Events Happened in the Last 24 Hours"

1. Elon Musk Fires CEO and CFO After Acquiring Twitter, Binance Commits $500 Million for the Acquisition

According to Business Insider, sources say that on Thursday evening local time, Tesla CEO Elon Musk officially completed the acquisition of Twitter for $54.2 per share (approximately $44 billion). That evening, Musk also dismissed Twitter CEO Parag Agrawal and CFO Ned Segal, and The Spectator Index reported that Musk fired the head of Twitter's legal policy who banned Trump's account. The Wall Street Journal analyzed that Musk must pay over $200 million in severance to the three dismissed Twitter executives.

According to Bloomberg, Musk plans to serve as Twitter's CEO and intends to lift the permanent ban on Twitter users. Additionally, Binance CEO Changpeng Zhao stated on Twitter that Binance has committed $500 million for Musk's acquisition of Twitter.

2. Google Launches Ethereum Cloud Node Service, Plans to Expand to Multi-Chain in the Future

Google announced the launch of an Ethereum cloud node service for Ethereum developers, which will provide "fully managed nodes." In response, Google's Web3 strategy lead stated that Google is "building a huge bridge" between the traditional tech industry and Web3 by providing cloud services, and mentioned that this service will expand to multi-chain in the future. (Source link)

3. Sui Foundation Announces Initial Token Distribution and Other Information

Layer1 public chain Sui Network retweeted the Sui Foundation's tweet about its responsibilities and plans. The Sui Foundation has now been launched, and in addition to grant programs, it will release more information about the initial token distribution of Sui, the process for obtaining staking delegation from the Sui Foundation, and other ways for community members to receive funding. In the coming weeks, the Sui Foundation will share more information and announce future plans related to decentralization and community building missions.

Currently, the Sui Foundation is designing new content, including educational and community programs to spread knowledge about Sui, research programs to improve Sui's technology, and Validator and Move programs to enhance the adoption of Sui infrastructure.

On October 25, the official website of the Sui Foundation was officially launched, and Sui introduced a developer funding program with open applications. The funding amounts will range from $10,000 to $100,000, and additional SUI token rewards may be granted. (Source link)

4. Binance Innovation Zone Launches Osmosis (OSMO) at 18:00 Today

Binance announced that it will launch the Osmosis token OSMO in the Innovation Zone at 18:00 on October 28, opening trading pairs OSMO/BTC, OSMO/BUSD, and OSMO/USDT, with OSMO deposits already open. (Source link)

5. Huobi Delists HUSD, HUSD in User Accounts Will Be Exchanged 1:1 for USDT

According to an official announcement, as HUSD has triggered the provisions of Article (11) of Huobi Global's token management rules, Huobi Global will stop trading HUSD at 16:00 (GMT+8) on October 28, 2022, and implement delisting. At the same time, HUSD in user accounts will be directly exchanged for USDT at a 1:1 ratio, expected to be completed by November 4, 2022 (GMT+8), with a separate announcement to notify once the exchange is completed. (Source link)

6. Celebrity NFT Card Trading Platform Zoop Completes $15 Million Seed Round Financing

Celebrity NFT card trading platform Zoop announced the completion of a $15 million seed round financing. Additionally, the cross-game avatar platform Ready Player Me has partnered with Zoop to provide interoperability between Zoop avatars and compatible games and applications, as well as support for transaction processing.

Zoop allows fans to buy, sell, and trade celebrity NFT cards, and also participate in competitions and challenges to earn points, unlocking special rewards, including access to communities with similar interests. It is reported that Zoop is built on the distributed ledger platform Hedera, allowing users to purchase, trade, exchange, and sell celebrity digital collectibles in a traceable and transparent manner. (Source link)

7. Aptos Ecosystem NFT Marketplace Souffl3 Completes $2 Million Seed Round Financing, Led by Crypto.com Capital and Synergis Capital

Aptos ecosystem NFT marketplace Souffl3 has completed a $2 million seed round financing, led by Crypto.com Capital and Synergis Capital, with participation from Huobi Incubator, M77 Ventures, and J17 Capital. The funds raised will be used to develop a dynamic NFT standard based on the MOVE language to create new NFT experiences for users.

Previously, Souffl3 announced the launch of a new NFT marketplace coinciding with the launch of the Aptos mainnet. The new website includes the following features: a brand new user interface and user experience, extended support for six wallets, bulk purchasing, scanning floor prices for bulk purchases, setting price limits for single NFTs or total purchase amounts, bulk management of NFT collections, and a Launchpad. Additionally, the Souffl3 team announced a partnership with WAV3 Creator Studio to provide exclusive NFT creation tools for creators for free. (Source link)

8. Streamlined Ventures' 5th Seed Fund and 3rd Opportunity Fund Receive $140 Million Investment, Will Invest in Web2.5 Companies

According to TechCrunch, Streamlined Ventures announced that its 5th seed fund and 3rd opportunity fund have received $140 million in investments, with institutional investors, family offices, and high-net-worth individuals contributing $102 million to the fifth seed fund, which will invest in startups in data science, API, and Web2.5 sectors, while the third opportunity fund will receive about $36 million in funding.

The venture capital firm currently manages a total of $325 million in funds. Its general partner, Ullas Naik, stated that Streamlined Ventures is currently in the "speculative phase" in the Web3 space, having invested in a few companies but focusing only on those with real value transfer in Web3, such as gaming and DeFi startups. Ullas Naik believes that the current threshold for Web3 is a bit high, and the speed of deploying funds is much slower. (Source link)

9. The Premier League is Negotiating a $34.7 Million Annual NFT Trading Agreement with Sorare

According to Theblock, the Premier League is negotiating with Sorare, and the two parties may sign a multi-year NFT trading agreement. It is reported that the agreement will include a multi-year collaboration for static images of players in NFT form. If the two parties successfully sign, the total trading amount will be approximately $34.7 million per year, replacing the Premier League's preliminary agreement with ConsenSys. ([Source link])

"What Exciting Articles Are Worth Reading in the Last 24 Hours"

1. "40 Pages of Silicon Valley Tycoons' Chat Records Reveal Musk's Idealized Twitter"

The long-drawn Twitter acquisition case has basically come to an end. With many expectations on Musk, will he continue the original intention of Twitter founder Jack Dorsey and rejuvenate Twitter through a decentralized protocol? This article attempts to review Musk's original intention in acquiring Twitter through 40 pages of text message group chat evidence and public statements, analyzing the possible future direction of Twitter.

2. "Buidler DAO Co-Founder: What I Understand About Layer0, Layer1, and Layer2?"

Although the concept of Layer layers is widely discussed, there is currently no clear unified definition. Buidler DAO co-founder Jason explains in detail what he understands about Layer0, Layer1, and Layer2 in this article. In Jason's view, many people define Layer0 as the blockchain infrastructure service layer, but the concept is still too broad. The keywords for Layer0 are chain issuance, multi-chain, and cross-chain, with the core content focusing on cross-chain communication and modular blockchains.

Layer1 is the underlying blockchain, with well-known examples like Bitcoin, Ethereum, and Binance Chain all belonging to Layer1, as they are the main networks within their ecosystems, processing and completing transactions on their own blockchains, and also possessing their native tokens. However, public chains include Layer1 but are not equivalent to it. Layer2 mainstream solutions like rollups are akin to building an elevated road on a very congested original road.

2. "The Key to DeFi Going Mainstream: Tokenization of Real-World Assets"

The influence of DeFi is slowly penetrating into real-world assets, and the financial industry is on the verge of transformation. As more and more assets are tokenized, traditional capital markets are also merging into the crypto world. However, for DeFi to cross the moat of TradFi, progress still needs to be made in areas such as asset custody, liquidity, and credit protocols.