Cathie Wood’s ARK Fintech Innovation exchange-traded fund sold about 404,000 Silvergate shares on Thursday, reducing the ETF’s holdings by more than 99%, according to Bloomberg data. The fund's remaining holdings are fewer than 4,000 shares worth about $43,000, or just 0.01% of the fund's total portfolio.

Terra’s official Twitter post today stated that a community member who was entrusted to manage Terra’s community funds refused to return the funds obtained from the entrustment to the community pool. According to Terra, due to an error in the genesis airdrop event when Phoenix-1 was launched in May 2022, the CW3 multi-signature wallets that hold a large number of LUNC and USTC on behalf of the community should have been blacklisted, but the individual signers of these wallets were not. Received a LUNA airdrop that they should not have received, other signers have returned LUNA to the community pool, with the exception of one community member named Jimmy. Jimmy privately re-delegates these LUNAs to the LUNCDAO project, and then entrusts these LUNAs to a new validator called "the Charity Block" to receive staking rewards.

Embattled cryptocurrency lender Vauld and its Committee of Creditors (COC) have rejected a “final” takeover proposal by rival Nexo due to concerns over its financial health and other problems, The Block reported. A Vauld creditor said it wanted a strong solvency guarantee from Nexo to avoid another bankruptcy crisis.

The UK’s National Crime Agency is launching a new unit dedicated to cryptocurrency and digital asset crime. The National Crime Agency's "cryptocurrency team" will initially include five officers dedicated to "active cryptocurrency remittances." As part of the National Cybercrime Unit's "Crypto Squad," investigators "will work to proactively conduct cryptocurrency remittance investigations using the right tools and capabilities to target UK-based subjects," according to a job advertisement posted on the government's website.

Zodia Custody, a London-based cryptocurrency custodian backed by Standard Chartered and Northern Trust, has appointed Julian Sawyer as its chief executive, The Block reports. Sawyer resigned as CEO of cryptocurrency exchange Bitstamp in May 2022. He was also the co-founder of UK fintech startup Starling Bank, where he served as chief operating officer for four years.

SushiSwap CTO Matthew Lilley recently tweeted to review the achievements in 2022 and announced the Q1 roadmap for 2023. Lilley said that the team decided to shelve two projects, the lending platform Kashi and the token Launchpad MISO.

DeSchool, a Web3 online education infrastructure incubated by SeeDAO strategy, has completed its seed round of financing at the end of December 2022 with a valuation of US$15 million. Its investors include Y2Z Venture, former Huobi COO Zhu Jiawei, Plancker founder Hu Donghai, SeeDAO founder Tang Han, SeeDAO founder Baiyu, and UniPass founder Zhixian. It is reported that the DeSchool Pro version will be launched in November 2022. Lecturers can use this tool to issue SBT education certificates to students who have completed the course. Web3 organizations can also use this tool to simplify the community education process. In the future, DeSchool plans to launch an on-chain education resume function and an on-chain education certification program, becoming a MOOC + LinkedIn in the Web3 era.

According to Digital Journal, the Web3 game project Magic Fantasy has completed $3 million in private equity financing, and EasyCoins Venture participated in the investment. The new funds will be used for user game development, AIGC tool integration, marketing, etc. Magic Fantasy integrates AIGC tools to generate in-game equipment and props into NFTs. It is reported that Magic Fantasy is a free strategy card game based on BSC. Its built-in economic model is supported by the game token VOD and the stable currency USDT. Players get incentives by winning in PVP games.

Binance stated that it has integrated Binance-Peg BUSD on the wave field Tron network, and has opened the deposit and withdrawal service of Binance-Peg BUSD. Users can transfer BUSD and Binance-Peg BUSD on Ethereum, BNB Chain, Avalanche, Polygon and TRON networks. Peg BUSD.