Crypto Daily Digest - August 23rd

TI Research

On August 23rd, Ethereum client Nethermind released mainnet Merge version v1.14.0. Trader Joe V2 introduced "Liquidity Book" to improve capital efficiency. Telegram founder planned to launch a username trading marketplace on TON blockchain. Pudgy Penguins #6873 sold for 400 $ETH, setting a new record for the NFT collection. Metaverse avatar platform Ready Player Me closed a $56 million Series B round led by a16z.

Ethereum mainnet Merge countdown: 23 days until the expected date (September 15th).

Infrastructure

Ethereum Merge

  • Ethereum client Nethermind released mainnet Merge version v1.14.0. Source

Others

  • Rainbow Bridge resisted an attack with no funds lost, says Aurora CEO. Source
  • Moonbeam now supports Ethereum development kit Foundry. Source
  • Coinbase Wallet now supports Solana DApps. Source
  • Privacy blockchain Aleo announced that Testnet 3 is live. Source
  • Block production on zkSync 2.0 testnet has stopped, with the issue being fixed. Source

DeFi

  • DEX aggregation trading platform DexGuru now supports Arbitrum trading. Source 
  • Elephant Money attackers have transferred 637 $ETH to Tornado Cash. Source 
  • Trader Joe V2 introduces "Liquidity Book" to improve capital efficiency. Source
  • DeFi hack mitigation protocol Lossless launched Lossless DAO. Source
  • Cross-chain router protocol Multichain launches MultiDAO. Source
  • MakerDAO partners with Huntingdon Valley Bank. Source
  • THORSwap launches Ethereum cross-chain aggregator. Source

Metaverse & NFTs

  • BendDAO's proposal to adjust some parameters to ease the liquidity crisis passed. Source
  • Telegram founder plans to launch a username trading marketplace on TON blockchain. Source
  • Pudgy Penguins #6873 sold for 400 $ETH, setting a new record for the NFT collection. Source
  • DeFi Kingdoms will leave Harmony and launch Serendale-based part of its game on Klaytn. Source
  • Data: Nike generated $185 million in revenue from NFT sales. Source
  • Hollywood producer Ivan Atkinson partners with Light Cycle on the Caduceus blockchain. Source
  • NFT lending protocol JPEG'd adds support for Doodles. Source
  • PeckShieldAlert: Sudoswap fork SudoRare appeared Rug Pull. Source

CeFi

  • CoinShares chief strategy officer: The macro environment like high inflation might deter new capital from entering into Ethereum. Source
  • Argentine presidential candidate sued over alleged crypto ponzi scheme. Source
  • PayPal joins the TRUST Travel Rule Solution. Source
  • Coinbase faces class action lawsuit over alleged lapses in security. Source
  • Bitfinex launches derivative asset CSTs in preparation for Ethereum Merge. Source

Policy & Regulation

  • Iran Import Association demands regulatory clarity to use crypto in foreign trade. Source
  • Reserve bank of India governor: Central bank's warnings pushed people to avoid crypto. Source
  • Former CFTC Chairman: SEC and CFTC could consider jointly forming a Self-Regulatory Organization. Source

Fundings

  • Shardeum seeks seed funding at $200 million valuation. Source
  • Polygon Studios announces investment in NFT subscription platform MintStars. Source
  • Hidden Road Partners closed a $50 million round of funding with participation from Coinbase Ventures and others. Source
  • Metaverse avatar platform Ready Player Me closed a $56 million Series B round led by a16z. Source
  • DAO infrastructure company Mural raised $5.6M in a seed round with Digital Currency Group involved. Source

DeFi

NFT

Ethereum

DEX

Security Incidents

Cross-Chain

Marketplace

Metaverse

Fund Raising

Policy and Regulation

TI Research

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