Crypto Daily Digest - August 9th

DeFi

• $USDC issuer Circle has blacklisted Ethereum addresses sanctioned by the US Treasury. Source
• Gitcoin has suspended Tornado Cash grant. Source
• Data: about $1.1 billion in stolen funds transferred to Tornado Cash in H1 2022. Source
• Solana: the wallets of Slope users or those who have imported seed phrases into Slope may be compromised. Source
• Polygon launches Gnosis Bridge built for Multisig wallet Safe. Source
• Reddit Community Points integrate with FTX Pay and will launch on Arbitrum Nova. Source
• Ark Invest has sold about $20 million of Block shares. Source
• ShapeShift CEO advises the MakerDAO community to remove their $USDC collateral. Source
• CZ: Web3 companies should issue tokens to accelerate growth, not to gather initial funds. Source
• Solana ecosystem lending protocol Jet Protocol releases Jet V2 beta. Source
• Aave community: only support post-merge Ethereum PoS. Source
• Parallel Finance supports $GLMR and $MOVR as collateral and borrowable assets. Source
• Data: number of smart contracts created on Ethereum surpasses 50 million. Source
• Data: Total market contracts liquidated about $48.73 million in 12 hours. Source
• Binance will stop supporting off-chain fund transfers between WazirX and Binance on August 11th. Source
• Data: $TORN price dropped 26.38% over the last 24 hours. Source
• Redacted Cartel launches v2 and switches to a new token model. Source
• FTX doesn't plan to halt or settle $ETH futures prior to Ethereum Merge, and will track PoS Ethereum. Source
• NEAR released JavaScript SDK. Source
• Ava Labs' browser extension wallet Core added support for Ethereum and all EVM-compatible chains. Source
• Avalanche-based perpetual futures exchange Hubble Exchange initiated trading. Source
• Argent X integrates with cross-rollup bridge Orbiter Finance. Source
• Data: $ETH price dropped below $1,700. Source

Policy & Regulation

• Celsius creditor committee says it will investigate the conduct of Mashinsky and other insiders. Source
• US Treasury: Tornado Cash has been used to launder more than $7 billion. Source
• BitMEX executive pleads guilty to Violating Anti-Money Laundering Act. Source

NFT

• Wemade CEO: Expects South Korea to lift ban on P2E next year. Source
• Polygon and Neowiz launch Web3 game platform Intella X. Source
• Data: Moonbirds 24 hours trading volume up 168.90%. Source
• Rugby legend Lawrence Dallaglio will serve as strategic global advisor to Caduceus. Source
• Consumer Group demands Snoop Dogg and other celebs disclose NFT connections. Source
• STEPN enters into partnership with Japanese communication giant LINE crypto subsidiary. Source
• Immutable X Layer 2 is now natively supported in the GameStop wallet. Source
• Sky Mavis co-founder: Looking at ways to tailor the Axie Infinity for Korean gamers. Source
• STEPN launches $GMT earning plans. Source

Fundings

• Enterprise wallet management company Cashmere closed a $3 million seed funding round with participation from Coinbase Ventures and others. Source
• Mobile gaming platform MetaverseGo closed a $4.2 million seed funding round with participation from Dragonfly Capital and others. Source
• Game studio Gunzilla Games closes $46 million in financing led by Republic Capital. Source
• NFT minting platform Fair.xyz raised $4.5M with OpenSea involved. Source
• Renewable energy company Vespene Energy raised $4.3M led by Polychain Capital. Source
• Game studio Arrivant raised $5M in seed round With Polygon Studios involved. Source
• NFT media content platform Pinata raised $21.5M co-led by Pantera Capital and others. Source