Crypto Daily Digest - August 10th

DeFi

• Curve Finance had $570,000 stolen from frontend attack. Source
• Crypto Exchange Hotbit suspends trading, deposit, withdrawal and funding functions. Source
• Aave Companies requests $16.6 million compensation for work on Aave V3. Source
• Fantom launches community vote to reduce $FTM staking rewards. Source
• Curve Finance: hacker's site is already down. Source
• Curve exploiters transferred 27.7 $ETH to Tornado Cash, 292 $ETH to crypto exchange FixedFloat, and 20 $ETH to Binance. Source
• FixedFloat has frozen 112 $ETH of stolen funds from Curve attack. Source
• Web3 infrastructure platform Ankr launches 2.0 version with $ANKR staking live on August 11th. Source
• Arbitrum Nova goes live and is open to the public. Source
• Cross-chain protocol Ren announces version 2.0 and roadmap. Source
• DEX aggregator ParaSwap launches multichain Limit Orders Protocol. Source
• PeckShieldAlert: BNB Chain based yield aggregator appeared rug pull. Source
• Data: Avalanche daily transaction count reaches a new all-time high of 1,514,880 today. Source
• Phantom team has not found Phantom's systems were compromised during the August 2nd security incident. Source
• New MicroStrategy CEO backed up to hold Bitcoin on the company's balance sheet. Source
• Data: Total market contracts liquidated about $73.42 million in 12 hours. Source
• Elon Musk sold nearly $7 billion in Tesla shares last week. Source
• Coinbase CEO: Not focused on turning a profit, focused on staking. Source
• 1inch Network expands to Klaytn. Source
• $USDC issuer Circle will only support Ethereum PoS chain post-Merge. Source
• Tether announced support for Ethereum Proof-of-Stake transition. Source
• Decentralized lending protocol Silo Finance deployed on Ethereum. Source
• SushiSwap launched on Arbitrum Nova. Source
• Cross-chain interoperability protocol Axelar partnered with Aurora-based DEX Trisolaris and lending protocol Aurigami. Source
• PeckShieldAlert: xstable.protocol appeared rug pull. Source
• Binance will support Ethereum Merge and evaluate potential forked token. Source
• Crypto.com CEO Kris Marszalek says the crypto industry will come back very strongly. Source

Policy & Regulation

• California regulator orders Celsius to stop selling securities in the state. Source
• CoinFLEX files for restructuring in Seychelles court. Source

NFT

• Magic Eden submits proposal to build NFT marketplace for $APE holders. Source
• ConsenSys Diligence will auction TUNR NFTs on August 15th. Source

Fundings

• Unstoppable Finance closed €12.5 million Series A round led by Lightspeed Venture Partners. Source
• CreatorDAO raised $20M in seed round co-led by a16z and Initialized Capital. Source
• VisionsDAO raised $2.2M in seed round with Animoca Brands involved. Source
• Game infrastructure company Lysto raised $12M with Tiger Global involved. Source
• Meta raises $10 billion in first-ever bond offering. Source
• Decentralized smart contracts platform Injective raised $40 million in a funding round led by Jump Crypto. Source
• Payment platform Ansible Labs closed $7 million funding round led by Archetype. Source
• LongHash Ventures will launch second fund for $100 million. Source