Crypto Daily Digest - July 12th

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