Hello, ApolloXplorer!
Have you seen today’s key headlines yet?
<h2 id="header-0">#1. ConsenSys to lay off 100 staff</h2>
ConsenSys, the developer of crypto wallet MetaMask, plans to lay off 100 staffers or more.
The firm currently has about 900 employees.
This week, U.S. exchange Coinbase also announced cuts of 20% of its staff, or around 950 jobs, on Tuesday.
CoinDesk estimated nearly 27,000 jobs have been lost across the industry since April of last year.
Source: <a href="https://www.coindesk.com/business/2023/01/10/ethereum-software-firm-consensys-to-cut-upwards-of-100-staff-as-crypto-bear-market-takes-another-casualty/" rel="noopener noreferrer nofollow">CoinDesk</a>
<h2 id="header-1">#2. Judge allows Binance.US bid for Voyager to continue</h2>
A U.S. judge has approved disclosure statements explaining various aspects of the proposed plan to sell Voyager assets.
However, he also asked for attorneys working on the deal to revise the proposed order documents before he approves them.
The deal also needs approval from a majority of Voyager's creditors.
Voyager initially agreed to sell itself to FTX, but reopened the bidding process after FTX collapsed in November. Binance.US then made the winning bid.
Source: <a href="https://www.coindesk.com/business/2023/01/10/binance-cleared-to-buy-crypto-lender-voyager-out-of-bankruptcy-reuters/" rel="noopener noreferrer nofollow">CoinDesk</a>
<h2 id="header-2">#3. UK ‘fully behind’ stablecoin for wholesale settlements</h2>
The U.K. government is “fully behind” a stablecoin for wholesale settlements that occur between banks, said Andrew Griffith, the economic secretary.
Griffith stated that the stablecoin will not be issued by the government, but instead by a third-party provider.
The U.K. Treasury is also launching a consultation on what issuing a CBDC for wholesale and retail payments will look like, but Griffith said he believes the stablecoin will “get there first.”
Source: <a href="https://www.coindesk.com/policy/2023/01/10/uk-fully-behind-stablecoin-for-wholesale-settlements-says-treasury-official/" rel="noopener noreferrer nofollow">CoinDesk</a>
<h2 id="header-3">#4. Crypto.com delists USDT for Canadian users</h2>
According to user reports circulating on social media, crypto exchange Crypto.com plans to delist USDT for Canadian users, effective January 31.
The exchange told its customers that if they do not withdraw or convert their USDT assets by the deadline, their Tether will be automatically converted into USDC.
As part of regulatory requirements in Ontario, Canada, crypto exchanges are prohibited from listing digital assets banned by the Ontario Securities Commission, which includes USDT.
Source: <a href="https://cointelegraph.com/news/crypto-com-delists-usdt-for-canadian-users-following-osc-ban" rel="noopener noreferrer nofollow">Cointelegraph</a>
<h2 id="header-4">#5. Feetpix NFTs surge</h2>
Feetpix, an NFT collection consisting of 10,000 images of pixelated feet, soared ahead of blue-chip NFTs to become the 5th most-traded collection on OpenSea on Tuesday.
The project has hit 640 ETH—about $855,000—in trading volume since its debut three days ago.
Feetpix were initially free to mint. Floor price has since jumped to 0.135 ETH, or about $180. So far, the collection has seen over 16,000 transactions.
Source: <a href="https://decrypt.co/118877/feetpix-foot-fetish-nft-degen-season" rel="noopener noreferrer nofollow">Decrypt</a>
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Crypto News of the Day: ConsenSys to lay off 100 staff, Feetpix NFTs surge

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