Evening News | Solend community passes a proposal to revoke the previous takeover of the whale account; it is rumored that Bybit may lay off 20%-30% of its workforce due to market conditions
SBF stated that there is a responsibility to seriously consider intervening in the market and preventing contagion; Iran will cut off the power supply to all licensed cryptocurrency mines in the country before June 22.Organizer: Linqi, Chain Catcher
"What important events have occurred in the past 24 hours?"
1. The Solend community passed the proposal to revoke the previous takeover of the whale account with a 99.8% approval rate.
The SLND2 proposal vote released today by the Solana-based lending protocol Solend passed with a 99.8% approval rate. The proposal includes: invalidating proposal SLND1; extending the governance voting period to 1 day; and formulating a new proposal that does not involve the power to urgently take over accounts.
Previously, Solend urged a certain whale (address starting with 3oSE) to repay the loan as soon as possible to avoid liquidation risks. Last night, it was reported that the Solend community had passed governance proposal SLND1, which set special margin requirements for the whale and allowed for the temporary takeover of the whale account. (Source link)
2. SBF responds to the market confidence crisis: We have a responsibility to seriously consider intervening and stopping the contagion.
In response to the recent panic and confidence crisis in the crypto market, SBF stated in an interview, "I do feel we have a responsibility to seriously consider intervening, even if we ourselves are at a loss, to stop the contagion." "Even if we are not the ones causing it or involved in it. I think this is healthy for the ecosystem, and I want to do things that can help it grow and thrive." (Source link)
3. Bybit CEO reportedly issues an internal open letter, indicating a potential overall layoff of 20%-30% due to market conditions.
It is reported that Ben Zhou, co-founder and CEO of Bybit, stated in an internal message that due to the impact of the global economy, both the stock market and digital currencies have been affected, including the digital currency industry. Since 2020, Bybit's organization has grown threefold, but the growth index and revenue of the platform have not increased at the same scale, indicating that operational efficiency is not as good as before and resources have not been utilized properly. In light of this, some functions and positions within Bybit will be evaluated for consolidation or optimization. For affected team members, Bybit will provide financial compensation and an employee counseling hotline.
Additionally, sources revealed that Bybit currently has over 2,500 employees, but the internal organizational structure is chaotic. Coupled with the industry's downturn, relevant departments have been in a cash-burning state, leading to this layoff restructuring. Regarding the rumored 50% layoff in the "options department," the source stated that the specific layoff ratio and list have not yet been announced, but it is conservatively estimated that the layoff ratio will reach 20%-30%.
4. Iran will cut off electricity supply to all licensed crypto mining farms before June 22.
According to the Tehran Times, Mostafa Rajabi Mashhadi, spokesperson for the electricity department of Iran's Energy Ministry, announced that electricity supply to all licensed crypto mining farms in the country will be cut off before June 22, until the restrictions are lifted. Currently, there are 118 authorized cryptocurrency mining units in the country. (TehranTimes)
5. Jay Chou and PSG will collaborate to launch the NFT project "Tiger Champs" on June 23.
Jay Chou will collaborate with the French football giant Paris Saint-Germain (PSG) to launch the NFT project "Tiger Champs" on June 23.
According to project information, the Tiger Champs series of NFTs aims to celebrate PSG's tenth Ligue 1 championship, with a total of 10,000 pieces, including 8,020 standard NFTs, 1,970 premium NFTs, and 10 championship commemorative NFTs. The NFT project is supported by Crypto.com and is expected to be issued on the Crypto.org chain, with a total whitelist of 1,000. (Source link)
"What are some noteworthy articles to read in the past 24 hours?"
This article lists a wealth of data and information, conducting a profound research analysis of GameFi projects through the GameFi economic model, multi-dimensional framework analysis, blockchain game trends, macro analysis, and blockchain game communities.
2. "Zeeprime Capital: The Current State and Future Development of Cross-Chain Composability"
Most cross-chain bridges are built to meet the immediate needs of DeFi users, while universal messaging protocols are a more fundamental service infrastructure. As an observer and long-term investor in this field, Zeeprime Capital examined the architecture of universal messaging protocols and discussed the ecological development based on these framework protocols.
Chris Dixon is one of Silicon Valley's most enthusiastic advocates for crypto technology. As a general partner at the venture capital firm Andreessen Horowitz (a16z), he currently leads a16z Crypto, seeking investment opportunities in the Web3 space. Chris Dixon recently gave an exclusive interview to New York Times journalist Kara Swisher, discussing Web3, stablecoins, regulation, and the crypto market crash.
