Evening News | Binance assists in freezing Harmony hacker accounts and recovering 124 BTC; Voyager will hold a hearing on the confirmation of the acquisition transaction on March 2

Organized by: Biscuit, ChainCatcher

"What Important Events Happened in the Last 24 Hours"

1. Zhao Changpeng: Binance Assists Huobi Team in Freezing Harmony Hacker Accounts, Recovering 124 BTC

Zhao Changpeng stated on his social platform that Binance assisted the Huobi team in freezing the Harmony hacker's funds account, successfully recovering 124 BTC (approximately $2.6164 million). Previously, the Harmony hacker's funds attempted to launder money through Binance, but Binance successfully froze their account. (Source link)

2. Voyager to Hold Hearing on Acquisition Confirmation on March 2, Customers to Receive Uniform Fund Recovery Ratio

The Voyager unsecured creditors committee released a disclosure statement that elaborated on the expected recoverable amounts for customers under different liquidation plans, claims calculations, VGX handling, and more. Additionally, the price paid by Binance.US for Voyager will be determined close to the transaction deadline, and customers will receive a uniform fund recovery ratio regardless of the crypto assets held.

It is reported that after the bidding is completed, stakeholders in the transaction will have 28 days to raise objections, with the objection deadline set for February 22. The final confirmation hearing for the transaction is scheduled for March 2, providing a week to respond to any objections prior to the hearing. (Source link)

3. Bloomberg: Japanese Financial Group Monex Group Expresses Interest in Acquiring FTX Japan

Dai Matsumoto, CEO of Japan's Monex Group, expressed interest in acquiring FTX Japan during an interview with Bloomberg but declined to comment on the bid.

It is reported that FTX applied to the federal bankruptcy court in December 2022 for approval to sell its Japanese subsidiary, FTX Japan, through auction. Initial bids will close on February 1, and the auction will take place on March 21. Court documents show that about 41 companies have expressed interest in bidding for FTX Japan, with 25 having signed non-disclosure agreements. (Bloomberg)

4. Data: Over $500 Million in Shorts Liquidated in the Past Week, OKX Short Losses Reach $256 Million

Coinalyze data shows that nearly $500 million in shorts have been liquidated since last Friday, marking the highest level since October 2022. The liquidation figures indicate that over 70% of traders closed leveraged positions and incurred losses due to partial or total margin insufficiency.

Additionally, CoinGlass data shows that just last Friday, OKX's short losses reached $256 million, followed by Binance at $125 million and Huobi at $42 million. (CoinDesk)

5. Uniswap Foundation to Discuss Proposal for Deploying Uniswap V3 to StarkNet with StarkWare on January 25

The Uniswap Foundation tweeted that it plans to discuss the proposal for deploying Uniswap V3 to the StarkNet network with StarkWare and Nethermind at 00:00 Beijing time on January 25, as well as the new issues faced in deploying on the first non-EVM network.

It is reported that a Nethermind researcher previously initiated a proposal to deploy Uniswap V3 to StarkNet, and if approved, Uniswap V3 is expected to be fully deployed on the StarkNet mainnet before the second quarter. (Source link)

6. 1confirmation Founding Partner: 2022 Was the Best Year in 1confirmation's History

Nick Tomaino, founding partner of the venture capital firm 1confirmation, stated that 2022 was the best year in 1confirmation's history: 1. Over $100 million allocated to LPs; 2. 15 new investments made; 3. 2 new employees hired; 4. NFT fund launched; 5. Over $1 million in ETH staking rewards; 6. Helped expose FTX fraud. (Source link)

7. Metaverse Project Createra Completes $10 Million Series A Funding, Led by a16z

The metaverse project Createra has completed a $10 million Series A funding round, led by a16z, with the funds aimed at building a Gen Z-focused metaverse platform.

Createra is a user-generated content (UGC) metaverse engine that enables creators to create, distribute, and MetaFi games. Createra offers users a unique crypto-native autonomous world, featuring cross-play and instant access. Additionally, everything built on the land within the platform is tradable, including models, games, APIs, and more. (Source link)

8. Data: Huang Licheng Spent $7.34 Million to Acquire 1.77 Million APE in 35 Days, Yielding 45% Return

Twitter KOL @Bit Ember stated that in the 35 days starting from December 12, Taiwanese singer Huang Licheng spent a total of $7.34 million to acquire 1.77 million APE, with an average cost of $4.137. Currently, this address has staked 2 million APE (worth $10.6 million), appreciating by $3.26 million, yielding a return of 45%, and has earned a total of 230,000 APE in profits.

It is reported that this address is the second-largest staking address for APE, while the largest staking address is marked as Binance. (Source link)

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

1. “Balaji Srinivasan: The Genius Investor with the Most Moves in the Crypto Space”

Srinivasan is considered the most active angel investor in the crypto industry. According to crypto data platform Rootdata, by the end of 2022, Srinivasan had invested in 85 projects in the crypto space, participating in 86 rounds, ranking first among investors. Most of his investments were in high-quality early-stage crypto projects such as Opensea, Avalanche, Dapper Labs, NEAR Protocol, Celestia, and Farcaste. So, who exactly is Balaji Srinivasan? What is his legendary experience? What are his core thoughts and contributions to the crypto industry?

2. “TokenInsight: Crypto Exchange 2022 Annual Report”

Undoubtedly, Binance was the biggest winner in the exchange industry in 2022. In the DEX sector, GMX emerged as a dark horse in a quiet market. The data in this article is a summary of the top ten exchanges selected by TokenInsight. Although it does not include the total trading volume data of all exchanges, the selected top ten exchanges account for over 95% of the market share, thus reflecting the overall market situation.

3. “The Past of Market Makers: The Love-Hate Relationship Between Market Makers, Projects, and Exchanges”

Users are not just users; they are also buyers? This article is a summary by Canoe founder Guangwu, mainly discussing Alamenda's aggressive market-making style, and then supplementing some other models he knows from the previous cycle, especially the relationship between project parties and market makers. The market makers mentioned in this article specifically refer to the part of the business associated with exchanges and project tokens.

4. “ZONFF Research: The Current State, Observations, Thoughts, and Fantasies of SocialFi 1.0 to 2.0”

Changes in the crypto world happen faster than we imagine. I still remember that from the end of 2021 to January 2022, major media platforms were promoting CZ's optimistic outlook for the new year, claiming that 2022 would be the year of social finance. Time flies, and amidst the ups and downs of the crypto market in 2022, DeFi applications fell silent, NFT project floor prices plummeted, and the public chain track was deserted. In such circumstances, while SocialFi was sluggish, it also encountered some shining moments in that year. This article reviews and summarizes the development and innovation of SocialFi 1.0 in 2022, while also providing a New Year outlook for SocialFi 2.0 in 2023.