Decentralized exchange Balancer is warning its liquidity providers to withdraw funds from five pools as soon as possible, with $6.3 million in funds at risk. Balancer said it had used emergency controls to set protocol fees to zero for some other mining pools. This is done to prevent issues that will be disclosed in the future. These five pools cannot do so, so it encourages liquidity providers to withdraw funds as soon as possible.

MetaMask's official Twitter post stated: "Wyre has been removed from MetaMask's mobile aggregator, please do not use Wyre. Work is currently underway to remove the extension. Apple Pay, credit cards, and bank transfers are still available with Transak, MoonPay, and Sardine (only) United States)."

According to CoinDesk, cryptocurrency investment firm Digital Currency Group (DCG) said in a statement on Thursday: “As the state of the broader economic environment and the prolonged crypto winter have brought significant headwinds to the industry, we have decided to move from 1 We are looking forward to the possibility of revisiting the project in the future.”

Former U.S. Treasury Secretary and World Bank Chief Economist Larry Summers said he left DCG a few months ago, Protos reported. Summers joined DCG as a Senior Advisor in 2016, a year after its founding. In November, DCG's website also listed Larry Summers as a member of the company's advisory board, a information that has since been removed from DCG's website. Summers' own personal website was updated on Wednesday, removing all references to his six-and-a-half-year relationship with DCG from his bio.

Binance NFT Market announced that it will launch a new round of IG0 "Fusionist-Bi·Mech" NFT series on January 11. The release of this series will follow the BNB prerequisite function as part of the subscription mechanism. The preparation stage will be It will start at 08:00 on January 09, 2023. The subscription period is from 10:00 on January 11 to 17:00 on the 12th.

The new EVM-compatible public chain REI Network completed the "Better POS" hard fork upgrade at block height 9629061. This upgrade aims to improve the overall income of REI Network nodes & pledgers, increase the pledge rate on the chain, and then improve the REI Network The stability and security of the chain make preparations for the overall activity of the chain and the ecological expansion of the chain. Additionally, REI Network and Coinstages have a media partnership.

Financial services firms in Hong Kong, China, are rushing to prepare the groundwork to enable retail clients to trade virtual assets in the coming months, industry sources said, according to the South China Morning Post. “We found that many local brokerages and fund managers sought our advice on licensing requirements under the new regulatory regime,” said Robert Lui, head of digital assets at Deloitte Hong Kong, adding that authorities may allow retail investors to trade assets with Virtual assets with large market capitalization and liquidity. Brokers currently do not require additional specific licenses to offer clients trading services in Hong Kong-listed ETF futures based on bitcoin and ethereum. However, Lui added that those planning to offer active trading in virtual assets, such as cryptocurrencies and their related futures products, will need additional approval from the SFC

SeeDAO announced a strategic partnership with UniPass. SeeDAO will promote strategic incubation projects DeSchool, Ensoul, Octopus, and DAOLink to access the UniPass wallet, and cooperate with UniPass incubation projects. At the same time, Unipass will also give SeeDAO incubation project ecological technical support. The two parties will jointly promote the implementation of DAO tools and Web3 social products, and introduce more users and applications to the Web3 industry.

According to Reuters, FTX refuted the claim that “the Securities Commission of the Bahamas (SCB) holds $3.5 billion worth of FTX digital assets.” FTX said in a statement that when SCB seized FTX’s digital assets in November of this year, they were worth only $296 million. FTX urged SCB to clarify its holdings and their value. In November, SCB began liquidation of FTX’s Bahamian subsidiary, FTX Digital Markets Ltd. FTX said it would seek to return all seized assets, as FTX DM is only a “local services company” and does not own the FTX.com exchange or any of the seized cryptocurrencies. SCB said on Thursday that it has controlled more than $3.5 billion in digital assets of FTX, which will be used to repay FTX's customers and other creditors in the future. SCB did not specify the type of assets or their value.