Crypto Daily Digest - August 29th
On August 29th, SBF said that FTX is not planning to acquire Huobi. Ava Labs was accused of weaponizing litigation against rivals in partnership with a law firm, which led to $AVAX price decrease. Ethereum liquidity staking protocol Rocket Pool completed Redstone upgrade. Polkadot parachain Moonbeam has integrated cross-chain messaging protocol LayerZero. Limit Break, the parent company of NFT project DigiDaigaku, raised $200 million over two rounds led by Paradigm, Josh Buckley and Standard Crypto.
Ethereum mainnet Merge countdown: 17 days until the expected date (September 15th).
DeFi
- Ava Labs is accused of weaponizing litigation against rivals in partnership with a law firm, with $AVAX drops more than 10% over the last 24 hours. Source
- Ethereum liquidity staking protocol Rocket Pool completes Redstone upgrade. Source
- Decentralized derivatives exchange Mycelium will launch $MYC Lending. Source
- Acala has located the remaining 52 million $aUSD of the 3.02 billion $aUSD error mints. Source
- QiDAO team's proposal to add stablecoin MAI to Aave V3 on Polygon got passed. Source
- Aptos ecosystem Launchpad Proton announced that its testnet is live. Source
CeFi
- FTX is not planning to acquire Huobi, says SBF. Source
- CME Group launched Bitcoin Euro and Ether Euro futures. Source
- UAE corporate services provider Virtuzone accepts cryptocurrency payments via Binance Pay. Source
- CoinDCX CEO: Bullish on India's industry trajectory despite tough regulatory environment. Source
- Binance will perform wallet maintenance for Ethereum Network on August 31st. Source
Infrastructure
- Polkadot parachain Moonbeam has integrated cross-chain messaging protocol LayerZero. Source
- Etherscan is now live on Optimism Goerli. Source
- Avalanche Post-Consensus will go live on eCash Mainnet on September 14th. Source
- Leap Wallet adds support for Injective. Source
Metaverse & NFTs
- GameStopNFT will release first NFT series GMERICA. Source
- Data: RENGA Black Box 24 hours trading volume up 138.79%. Source
- CertiK Alert: NFT project Floaties Discord has been attacked. Source
- Ethereum wallet Rainbow launches NFT hiding function. Source
Policy & Regulation
- Terraform Labs faces another class action lawsuit. Source
- Dubai Virtual Assets Regulatory Authority has launched guidelines for marketing and promoting crypto. Source
- U.S. Senator Elizabeth Warren: Federal reserve may bring in recession. Source
- Bank of Korea: Future institutional need to allow domestic crypto asset ICO. Source
Fundings
- Limit Break, the parent company of NFT project DigiDaigaku, raised $200 million over two rounds led by Paradigm, Josh Buckley and Standard Crypto. Source
- Fintech firm Lightnet group received $50 million commitment from LDA Capital. Source
- Crypto derivatives exchange GammaX raises $4M in a seed round with StarkWare involved. Source
DeFi
Ethereum
NFT
Exchanges
DEX
Staking
Binance
Avalanche
FTX
Huobi
Policy and Regulation
Fund Raising
Paradigm
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