Daily Report | Tether executives purchase property in El Salvador and become citizens; ai16z founder: Streamlined development work for Eliza v2 version is about to begin; The government efficiency department led by Musk plans to deploy two cost-cutting representatives in major government agencies
January 13 News OverviewOrganizer: Luan Peng, ChainCatcher
Important News:
- Moonbirds founder Kevin Rose's home destroyed by Los Angeles wildfires
- BTC network activity has dropped to its lowest level since November 2024
- RootData releases chart of "Institutions with the most listings on Upbit in the 2024 portfolio": Coinbase Ventures tops the list
- ai16z founder: Streaming development work for Eliza v2 version will begin soon
- Tether executives purchase property in El Salvador and become citizens
- Bithumb adds ZRC/KRW trading pair
- Bitcoin infrastructure Alpen Labs completes $8.5 million strategic financing, led by DBA and Cyber Fun
- Upbit will terminate trading support for SteemDollars (SBD) on February 12
"What important events happened in the past 24 hours"
Moonbirds founder Kevin Rose's home destroyed by Los Angeles wildfires
Kevin Rose, the founder of Moonbirds, had his Los Angeles residence completely destroyed in the recent California wildfires. Rose shared images on the social platform Threads of himself walking past burned cars and homes, stating, "It's unfortunate to lose everything in the fire; nothing is left."
Since the fire broke out on Wednesday, nearly 180,000 people have been evacuated, and at least 10 people have died. This fire is one of the most destructive in California's history.
Additionally, the crypto industry in Los Angeles has been affected, with Bitcoin offices in Santa Monica and employees of Swan Bitcoin facing threats from the fire. Approximately 10,000 buildings have been destroyed, and several crypto enthusiasts have suffered property losses due to wallet and credential losses.
In December 2021, Rose founded PROOF, the company behind Moonbirds, and sold it to Yuga Labs last year. As part of the deal, Rose will serve as an advisor to Yuga Labs during a "brief transition period."
BTC network activity has dropped to its lowest level since November 2024
According to monitoring by Ali, BTC network activity has dropped to its lowest level since November 2024, with only 667,100 active addresses.
Web3 asset data platform RootData released a chart of "Institutions with the most listings on Upbit in the 2024 portfolio," with Coinbase Ventures leading with 9 investments, followed closely by Multicoin Capital and Polychain with 6 investments each. The specific rankings of the listed institutions are as follows:
- Coinbase Ventures: 9 investments
- Multicoin Capital and Polychain: 6 investments
- OKX Ventures, HashKey Capital, The Spartan Group: 5 investments
- Pantera Capital, GSR, IOSG Ventures, Jump Capital, Stani Kulechov, Sandeep Nailwal, Bixin Ventures: 4 investments
The ranking of these institutions indicates that they are driving some promising investments in the crypto field.
ai16z founder: Streaming development work for Eliza v2 version will begin soon
ai16z founder Shaw posted on the X platform, stating, "It's time to start building. I will handle some internal matters over the next two days, and then I will begin streaming development work for Eliza v2. The v2 version will be more flexible, scalable, and able to support more use cases and complex interactions. Changes in v2 compared to the current framework version include a fully autonomous, unified wallet abstraction layer, a plugin registry, easy setup and installation of new features, event-driven/easy access, modularity, and universal types, allowing you to cover and significantly modify according to your use case."
Tether executives purchase property in El Salvador and become citizens
According to Protos, citing local media El Faro, Tether executives are spending significant amounts of money to purchase real estate in El Salvador and become citizens of the country.
The company's CFO Giancarlo Devasini, CEO Paolo Ardoino, and COO Claudia Lagorio purchased two plots of land worth $1.7 million, located in the luxury golf resort Condominio Villanueva Golf Country Club, which is also a residential area known as El Encanto. The contracts show that Ardoino and Lagorio have become naturalized citizens of El Salvador.
Bithumb adds ZRC/KRW trading pair
According to Bithumb's announcement, Zircuit (ZRC) will be listed on the KRW market starting January 13, with trading commencing at 4 PM (KST).
According to official news, Bitcoin on-chain financial infrastructure Alpen Labs announced the completion of $8.5 million in strategic financing, led by DBA and Cyber Fun, with Ribbit Capital, Castle Island Ventures, and Geometry being the largest investors in its seed round and supporting Alpen again in this round. The funds will help accelerate the development of Bitcoin ZK Rollup "Strata" and aim for its release on the mainnet in 2025.
Strata will be launched as an open platform designed to expand and promote the use of Bitcoin, unlocking many practical features: simple self-custody, intuitive and privacy-protecting payments, interoperability, Bitcoin-backed lending and stablecoins, and many other on-chain applications. Strata will be open to the public starting next month with the upcoming release of the test network.
Previously, Bitcoin L2 developer Alpen Labs completed $10.6 million in financing, led by Ribbit Capital.
Upbit will terminate trading support for SteemDollars (SBD) on February 12
According to Upbit's announcement, trading support for SteemDollars (SBD) will be terminated at 5:00 PM KST on February 12, 2025. The announcement stated that Upbit, based on its digital asset trading support policy, comprehensively considered the use, functionality, trading, and adoption status of SBD and determined that it did not meet the relevant requirements. Therefore, it was designated as a trading caution project on December 30, 2024. After further review, Upbit decided to terminate trading support for SBD.
Upbit emphasized that it will no longer support related services such as airdrops, wallet upgrades, or hard forks for SBD and reminded users of the high risks associated with crypto assets.
According to Cryptonews, after President Trump's election, he plans to hire about 24 CEOs and founders from the crypto industry to form a crypto advisory committee. This committee may provide guidance on digital asset policy and work with Congress to draft crypto legislation. It also aims to establish a strategic Bitcoin reserve to fulfill Trump's campaign promises. Additionally, it will collaborate with major government agencies, including the SEC, CFTC, and Treasury, to enhance regulatory transparency and foster a favorable environment for cryptocurrencies.
Currently, while many potential committee members have already been in contact with Trump, suitable candidates are still being evaluated.
It is reported that Trump has appointed Bo Hines as the head of the newly formed crypto advisory committee, reporting directly to David Sacks.
According to Business Insider, Musk's government efficiency committee (DOGE) plans to send two representatives to major U.S. government agencies after President Trump's inauguration to lead cost-cutting efforts. Each agency will be equipped with two DOGE representatives.
Representatives not assigned will be arranged to the U.S. Digital Service (USDS), which provides IT consulting services to the federal government.
Additionally, DOGE may also establish an office in the White House Office of Management and Budget (OMB) to handle budget preparation.
"What are the exciting articles worth reading in the past 24 hours"
Xterio TGE controversy: Many players lose everything, what happened to the once star project?
"I've never seen a rug pull like this." A user named Crow (pseudonym) commented in the Xterio rights protection group.
The Web3 game development and operation platform Xterio was once a star project in the market, attracting many investors with its strong team background and substantial capital support. A user named "Little Person" wrote on X about the reasons for initially investing in Xterio: "I suddenly remembered why people around us lost an average of 1 million in this project. Half a year ago, when this project announced Binance's investment, I had a meal with someone from Xterio, and then we both FOMOed into our positions. That meal was so expensive; I want to cry."
However, what awaited investors was the harsh reality of widespread losses. On January 8, Xterio launched its token generation event (TGE), and dissatisfaction among investors due to losses continued to rise. As KOLs participating in Xterio began to expose and showcase loss data, community discontent surged, and various Xterio rights protection groups were fervently brewing.
Losses, fraud, humiliation… The dream of wealth shattered, and the once dazzling star project seems to have fallen from grace.
FTX repayment in progress, which tokens will bear the massive selling pressure?
After the collapse of FTX in 2022, the story of this exchange shifted from glory to a complex process of repayment and liquidation. Two years later, FTX's compensation plan is gradually becoming clear, yet it has brought massive selling pressure to some tokens.
In this article, Odaily Planet Daily will take readers through FTX's progress in repaying debts, the tokens under selling pressure, and how once market-highlighted products will impact the future of the crypto industry.
This article reviews Base's recent data and compares it with Solana to see whether Base's rise is a genuine threat or just another "wolf is coming" scenario.
Polymarket faces another ban, is innovation in crypto projects and regulation an eternal dilemma?
The prediction market platform Polymarket has faced a tumultuous period since the high-profile moments of the U.S. elections.
On January 12, Polymarket was officially defined as a gambling website in Singapore and was banned. Users logging into the Polymarket website in Singapore are prompted that "this website is an illegal gambling site hosted by an unlicensed gambling service provider, and users may face fines of up to $10,000 or up to 6 months in prison."
The battle of the blockchain triad: MegaETH, Hyperliquid, and Monad—who will lead the future?
MegaETH, Hyperliquid, and Monad each have their advantages; who will stand out in speed, decentralization, and focused areas?
Meme Popularity Rankings
According to the meme token tracking and analysis platform GMGN, as of January 13, 19:50:
In the past 24 hours, the top five popular Ethereum tokens are: MYSTERY, PEPU, TROG, SPX, Mega
In the past 24 hours, the top five popular Solana tokens are: MYSTERY, BWT, SHIKOKU, CONCHO, PEPEAI
In the past 24 hours, the top five popular Base tokens are: VIRTUAL, TALE, AERO, GAME, USD+
