Crypto Daily Digest - August 18th

DeFi

• South African Reserve Bank encourages friendly behavior with crypto. Source
• Celer Network's cross-chain payment network cBridge suffered frontend attack. Source
• Celer: cBridge frontend UI suffered DNS cache poisoning attack, will fully compensate affected users. Source
• Celer's cBridge frontend UI has been resumed. Source
• Tether partners with accounting firm BDO for reserve attestations. Source
• Ribbon Finance launches yield product Ribbon Earn. Source
• Lending protocol Solend launches Permissionless Pools. Source
• Optimism has transferred millions of $OP from multisig to Coinbase Custody wallet. Source
• Leveraged liquidity mining protocol Alpha Homora V2 is now officially on Optimism. Source
• Multichain integrates with Dogechain. Source
• Liquid staking protocol pSTAKE Finance integrates with Beefy Finance. Source
• Quebec’s pension manager has written off Its stake in Celsius. Source
• Huobi Global GM: $HUSD liquidity issues noted. Source
• $HUSD to $USDC ratio drops to 0.9 on Curve. Source
• Ink Finance launches second round of beta testing. Source
• Nomad released Road to Recovery article. Source
• Polygon integrates with institutional-grade digital asset custody platform GK8. Source
• FTX lists $ORCA on August 18th. Source
• Ronin Network added three new validators, including Nansen. Source
• Stader will cover 165K $NEAR in losses incurred by liquidity providers on NearX. Source
• Coinbase Wallet supports bridging assets between Ethereum and Polygon in browser extension. Source
• Reddit Community Points exchange RCPswap went live on Arbitrum Nova. Source
• Solana Mobile opens pre-order channel for Beta version of Saga phone. Source
• Data: Total market contracts liquidated about $51.40 million in 12 hours. Source
• a16z-backed real estate company Flow plans to launch digital wallet. Source
• Crypto exchange Gemini introduces staking support for US investors. Source

Policy & Regulation

• South Korea's Anti-Money Laundering Authority flags 16 crypto firms for operating without registration. Source
• Monochrome Asset Management receives Australian Financial Services license. Source
• Socios.com registered with Italian regulatory body. Source

NFT

• Phantom Wallet launches NFT burning function. Source
• Atletico Madrid has partnered with WhaleFin and STEPN to launch limited edition NFT sneakers. Source
• The Sandbox will launch Alpha Season 3 on August 24th. Source
• Yuga Labs will only recognize NFTs on Ethereum PoS chain. Source
• Hollywood-themed metaverse Meta Hollywood will airdrop 10,000 NFTs on September 2nd. Source

Fundings

• Crypto fintech company FOMO Pay closes $13 million Series A funding round led by Jump Crypto. Source
• NFT fractionalization platform Fractional rebranded to Tessera and raised $20M led by Paradigm. Source
• On-chain game developer community MatchboxDAO raised $7.5M in a seed round with StarkWare involved. Source
• Polygon leads investment in venture studio SuperLayer's $25 million fund. Source