Crypto Daily Digest - August 26th

TI Research

On August 26th, EthereumPoW releases its first testnet Iceberg. Offchain Labs releases Arbitrum Nitro whitepaper. The Graph launches multi-chain incentivized program MIPs and will support Gnosis Chain. Synthetix founder proposes to cap the total supply of $SNX at 300M. DeFi lending protocol Compound launches Compound III. Animoca Brands Japan raises $45 million.

Ethereum mainnet Merge countdown: 20 days until the expected date (September 15th).

Infrastructure

  • EthereumPoW releases its first testnet Iceberg. Source
  • Offchain Labs releases Arbitrum Nitro whitepaper. Source
  • The Graph launches multi-chain incentivized program MIPs and will support Gnosis Chain. Source
  • Layer1 blockchain Sui launches Sui Explorer. Source

DeFi

  • DeFi lending protocol Compound launches Compound III. Source
  • Synthetix founder proposes to cap the total supply of $SNX at 300M. Source
  • $rETH to $ETH ratio drops to 0.8589 on Curve. Source
  • Klaytn-based DEX Klex goes live on mainnet. Source
  • QiDAO team releases proposal to add stablecoin $MAI to Aave V3 on Polygon. Source
  • Lido Finance supports $ETH Staking on Loopring. Source
  • Lending protocol Yeti Finance will introduce Peg Stability Module for $YUSD. Source

CeFi

  • SBF denies report that FTX Ventures is merging with Alameda Research's crypto VC business. Source
  • Coinbase added $HBAR to the listing roadmap. Source
  • Zipmex appoints restructuring firm to forge recovery plan. Source
  • Binance will support the Klaytn network upgrade. Source
  • Indian exchange CoinDCX launches DeFi mobile app Okto. Source
  • CZ and Busan Mayor sign business agreement on blockchain industry cultivation cooperation. Source
  • Elon Musk's request for Twitter user data has been rejected by a Delaware chancellor. Source
  • FTX lists $STG perpetual futures on August 26th. Source

Metaverse & NFTs

  • Magic Eden allows buying Solana NFTs with $ETH or credit cards. Source
  • NFT buyers on X2Y2 can now choose the amount of royalties they would like to contribute to projects. Source
  • Snoop Dogg and Eminem will bring BAYC NFTs to VMAs in ‘Otherside’ metaverse performance. Source
  • Gaming giant Atari will launch its 50th anniversary NFT collection in September. Source

Policy & Regulation

  • Monetary Authority of Singapore examines crypto firms ahead of new regulations. Source
  • Over 20 crypto-related businesses shut down in Herat, Afghanistan. Source

Fundings

  • Animoca Brands Japan raises $45 million. Source
  • Alchemy acquires Web3 education platform ChainShot. Source
  • Blockchain explorer SolanaFM raises $4.5M in a seed round led by Digital Asset Opportunity Fund. Source
  • DeFi Protocol Mellow Protocol closed a $2.75 million seed round led by Robot Ventures, Arrington Capital, and ParaFi. Source
  • a16z will provide $300,000 to Gitcoin Grants 15. Source

DeFi

Ethereum

NFT

DEX

Lending

Fund Raising

Animoca Brands

PoW

Binance

Coinbase

FTX

TI Research

TokenInsight is a data and research organization for the digital asset market. TI provides comprehensive asset-related data and comprehensive and timely information and research services for digital assets.