Crypto Daily Digest - July 12th

TI Research

On July 12th, Su Zhu tweeted that their good faith to cooperate with the liquidators was met with baiting. Arbitrum launches new chain Nova built on AnyTrust technology. GameStop launches NFT marketplace public beta version. Animoca Brands raised $75M at pre-money valuation of $5.9B with participation from Liberty City Ventures and others. Multicoin Capital announced a new $430M venture fund.

DeFi

  • CoinShares relaunches crypto trading platform Napbots. Source
  • Arbitrum launches new chain Nova built on AnyTrust technology. Source
  • Su Zhu tweeted that their good faith to cooperate with the liquidators was met with baiting. Source
  • Voyager Digital updates customer refund process and declares U.S. FDIC coverage. Source
  • Layer2 interoperability protocol Connext delays $NEXT launch plan. Source
  • Nexo has transferred about 30 million $USDC to Circle. Source
  • Helium Network team resolves consensus error after 4-hour outage. Source
  • BitMEX announces adjustment of $BMEX spot trading uptime. Source
  • PeckShieldAlert: Citizen Finance token $CIFI price drops over 50% in the short term. Source
  • Data: Total market contracts liquidated about $118 million in 12 hours. Source
  • Celsius reclaims $172 million collateral from Aave and Compound. Source
  • CZ: Has contacted the Uniswap team to resolve phishing attacks. Source
  • Vauld has disclosed a shortfall of $70 million in a letter to creditors. Source
  • Cosmos-based lending protocol Coslend will compensate users affected in exploit with $CLND. Source
  • Brazilian fintech PicPay will launch cryptocurrency exchange and stablecoin $BRC. Source
  • Coinbase listed AirSwap ($AST) and labels it as Experimental asset. Source
  • zkSync will migrate its testnets on August 2nd. Source
  • Origin Protocol's $OGV airdrop is available to claim. Source
  • Voyager Digital announced a reorganization plan, and will return crypto customers proceeds from 3AC recovery, $VGX and others. Source
  • blackfridge launched pound-backed stablecoin $GBPT with KPMG auditing its reserves. Source
  • Angle Protocol Borrowing module is live on Polygon. Source
  • PeckShieldAlert: Celsius repaid 63.5M $USDC on Aave and withdrew 400K $stETH. Source
  • The BNB Beacon Chain testnet will have a scheduled hard fork upgrade at block height 28,250,000. Source
  • BlockFi CEO: BlockFi directly holds zero GBTC, and only has a couple small loans of GBTC as collateral. Source

Policy & Regulation

  • U.S. trademark and copyright offices to study IP impact of NFTs. Source
  • Bank of Russia opposes private stablecoins in the country. Source
  • Su Zhu and Kyle Davies won't attend today's court hearing in New York. Source

NFT

  • GameStop launches NFT marketplace public beta version. Source
  • 90% of Axie land owners earn $AXS reward by staking NFT. Source

Fundings

  • Animoca Brands raised $75M at pre-money valuation of $5.9B with participation from Liberty City Ventures and others. Source
  • Multicoin Capital announced a new $430M venture fund. Source
  • Saber Labs founders launch $100 million crypto fund named Protagonist. Source
  • Celo launches Celo Web3 Africa fund to help African startups adopt crypto strategies. Source
  • YGG Japan closes $2.8 million financing round with participation from Animoca Brands and others. Source
  • Web3 startup Mysten Labs seeks to raise at least $200 million Series B round at $2 billion valuation. Source
  • Metis introduced a $100M ecosystem fund Genesi DAC. Source
  • Metaverse project MetaOasis DAO raised $1.5M in seed round co-led by KuCoin Ventures and others. Source
  • Gnosis Safe rebrands as Safe and raises $100M led by 1kx. Source
  • NFT marketplace Magic Eden launched Web3 gaming venture arm Magic Ventures. Source
  • Web3 identity network Quadrata raised $7.5M in a seed round led by Dragonfly Capital. Source
  • Peter Thiel-backed Valar Ventures raises $665m for latest VC fund. Source

Three Arrows Capital

DeFi

Animoca Brands

Multicoin Capital

Fund

Fund Raising

Arbitrum

NFT

TI Research

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