Crypto Daily Digest - August 24th

Ethereum mainnet Merge countdown: 22 days until the expected date (September 15th).

Infrastructure

Ethereum Merge

• Ethereum client Go Ethereum releases Geth v1.10.23. Source

Others

• Evmos will upgrade to v8.0.0 with support for block proposers and contract deployers sharing of transaction fees. Source
• Nomad announces NFT rewards for whitehats who returned funds. Source
• MathWallet adds support for Injective. Source
• zkSync 2.0 testnet will introduce Dynamic Fees on August 30th. Source
• GameFi ecosystem GameSwift partnered with Polygon to launch GameSwift Chain. Source
• Several Solana-based projects form Open Chat Alliance to build cross-chain messaging standards. Source
• BNB Beacon Chain Mainnet will conduct Godel hard fork upgrade on September 2nd. Source

DeFi

• Dogechain will launch $DC on August 24th PDT and airdrop to early users and loyal users. Source
• Digital asset management platform Safe released a proposal for $SAFE tokenomics on its forum. Source
• Uniswap community voted to pass the proposal to create Uniswap Foundation. Source
• PancakeSwap launched PancakeSwap Bridge in partnership with Stargate. Source
• Aave DAO starts to vote on the proposal regarding Ethereum Merge. Source
• Decentralized lending protocol Silo Finance is live in Beta on Ethereum Mainnet. Source
• DEX aggregator OpenOcean integrates with Curve. Source
• Grim Finance exploiter has transferred 1,900 $ETH to Tornado Cash. Source
• Grim Finance exploiter has swapped 3 million $DAI to 1,830 $ETH on Uniswap. Source

CeFi

• Valour‘s Binance Coin ETP to start trading on Germany Frankfurt stock exchange. Source
• Celsius filed a countersuit against KeyFi and its CEO. Source
• Celsius sued crypto custodian Prime Trust over $17m in tokens. Source
• Binance will support the Flow network upgrade and hard fork. Source
• Ark Invest has sold $50.4 million worth of Nvidia shares. Source
• MasterCard and Binance launch Binance Card. Source
• Binance will launch ETH/BUSD zero-fee trading on August 26th. Source
• Nexo will support PoS Ethereum and evaluate potential PoW forks. Source

Metaverse & NFTs

• $FXG price on PancakeSwap dropped 92%, project owner has deleted its Twitter account. Source
• Meta launches Meta accounts and Meta Horizon profiles. Source
• BendDAO's new proposal BIP#10 suggests voting and implementing in phases for both Liquidation Threshold and Auction Duration. Source

Policy & Regulation

• Singapore High Court recognizes Three Arrows Capital liquidation order. Source
• Australia's Securities and Investments Commission said it will prioritize protecting citizens from crypto. Source

Fundings

• Orange DAO closed an $80 million round of funding, mainly from two strategic investors: layer-one blockchains Algorand and Near. Source
• Web3 esports engagement platform Yesports has closed a $3.8 million strategic funding round led by Spartan Capital. Source
• Distributed Finance raised $2.5M in a seed round and acquired Algorand-based NFT marketplace Rand Gallery. Source