Crypto Daily Digest - August 25th
Ethereum mainnet Merge countdown: 21 days until the expected date (September 15th).
Infrastructure
Ethereum Merge
- Ethereum Mainnet Shadow Fork 12 will happen on August 31st. Source
- Ethereum Foundation released Mainnet Merge timeline and increased bug bounty. Source
DeFi
- Algorithmic stablecoin protocol UXD Protocol is live on Optimism Devnet. Source
- SushiSwap's AMM framework Trident is live on Metis. Source
- TreasureDAO ecosystem DEX MagicSwap is now live. Source
- Acala is tracing the remaining 51M $aUSD error mints and will offer 5% bounty for the return of funds. Source
- Compendium.Fi will launch trading engine PENDAX. Source
- Ribbon Finance's yield product Ribbon Earn went live. Source
- Dogechain announces the launch of $DC. Source
- Dogechain's $DC airdrop claim was paused for a while and is resumed now. Source
- Decentralized lending protocol Radiant Capital will expand to BNB Chain. Source
Metaverse & NFTs
- NFT Marketplace LooksRare has purchased the looksrare.eth domain name for 50 $WETH. Source
- Reddit starts airdrop of Polygon-based “Collectible Avatars”. Source
- Data: Bored Ape Yacht Club 24 hours trading volume up 164.82%. Source
- PeckShieldAlert: xn--pudgypengun-lcb[.]com is a phishing site. Source
- Web3 developer platform Alchemy launches NFT API on Arbitrum. Source
- Former finance director at Twitter joins Immutable X as CFO. Source
CeFi
- Tesla 3:1 stock split has officially gone into effect. Source
- Engiven Foundation to enable Bitcoin and crypto donations for over 1.6 million nonprofits. Source
- Esports and Web3 company Ampverse officially enters the Philippine market. Source
- Siam Commercial Bank abandons plans to acquire 51% of Bitkub. Source
- Nvidia CFO: Falling crypto prices and changes in consensus mechanisms impacted demand for its products. Source
- Tether holds firm on the decision not to freeze Tornado Cash addresses and awaits law enforcement instruction. Source
- Coinbase will list Coinbase Wrapped Staked ETH ($cbETH). Source
- Alameda Research co-CEO Sam Trabucco announces resignation. Source
Policy & Regulation
- US Judge rules Voyager can pay employees retention bonuses. Source
Fundings
DeFi
Ethereum
NFT
Coinbase
Airdrop
Fund Raising
Layer 2
DEX
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