Crypto Daily Digest - August 16th

TI Research

On August 16th, Coinbase will briefly pause new ETH and ERC-20 token deposits and withdrawals during the Ethereum merger. DeFi lending protocol Compound will launch Compound III. Polygon announced the open-sourcing of its zero-knowledge proof systems Plonky2 and Starky. Lido will expand to Optimism and Arbitrum as the first step of its Layer2 plan, with smart contracts deployed. Jump Crypto will build a new validator client for Solana. The IP rights agreement for the CryptoPunks collection is now live.

DeFi

  • Coinbase will briefly pause new ETH and ERC-20 token deposits and withdrawals during the Ethereum merger. Source
  • DeFi lending protocol Compound will launch Compound III. Source
  • Polygon announced the open-sourcing of its zero-knowledge proof systems Plonky2 and Starky. Source
  • Jump Crypto will build a new validator client for Solana. Source
  • Lido will expand to Optimism and Arbitrum as the first step of its Layer2 plan, with smart contracts deployed. Source
  • Nansen has launched statistical tool Nansen Portfolio. Source
  • NYC Deputy Mayor of Public Safety had bought between $15,000 and $150,000 worth of $BTC and $ETH. Source
  • DeFi protocols Iron Bank, Yearn Finance and Homora join Optimism. Source
  • Celsius report shows $2.8 billion in crypto liabilities. Source
  • BitGo says it has received a new all-cash offer. Source
  • Crypto lender Hodlnaut seeks creditor protection in Singapore. Source
  • Data: Total market contracts liquidated about $71.55 million in 12 hours. Source
  • Starkware launches recursive proofs to boost Layer 2 scaling. Source
  • NFT valuation system Abacus enters into partnership with Redacted Cartel. Source
  • Brazilian investment bank BTG Pactual launches crypto exchange Mynt. Source
  • Coinbase Wallet integrates with block browser Etherscan. Source
  • Crypto custody firm BitGo to sue Galaxy Digital for abandoning $1.2B Merger agreement. Source
  • Cosmos-based liquid staking protocol Stride will airdrop $ST to stakers of $ATOM, $OSMO and $JUNO. Source
  • Digital assets financial services company EQONEX will close its crypto exchange. Source
  • Coinbase will list $CELR. Source
  • Acala community voted to pass the proposal to burn erroneously minted $aUSD. Source
  • NEAR-based crypto derivatives DEX Spin partners with Axelar Network. Source
  • Huobi will end crypto derivatives trading in New Zealand on August 23rd. Source
  • Multichain integrates with Step Network. Source
  • Kujira launched an accelerator program called Kujira Labs. Source
  • 1inch Network integrates with Aurora. Source
  • Layer1 blockchain Canto announced token distribution details at Genesis. Source
  • Arbitrum has hired former Amazon executive Andrew Saunders as its first chief market officer. Source

NFT

  • The IP rights agreement for the CryptoPunks collection is now live. Source
  • Data: Bored Ape Yacht Club 24 hours trading volume is up 103.39%. Source
  • Cardano developer Input Output partners with NFT infrastructure platform NMKR. Source
  • Polygon Studios partners with NFT project PolkaPets to launch PolygonPets. Source

Fundings

  • Digital business bank Arc closed a $20 million Series A funding round led by Left Lane. Source
  • Game developer Regression Games closed a $4.2 million seed funding round with participation from a16z and others. Source

DeFi

Ethereum

Coinbase

PoS

Compound

Lending

Polygon

Zero Knowledge Proofs

Lido

Optimism

Arbitrum

Solana

NFT

TI Research

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