Crypto Daily Digest - July 13th

DeFi

• Tether launches $USDT on OKX Chain. Source
• Twitter sues Elon Musk over $44 billion acquisition dispute. Source
• U.S. Court authorizes Three Arrows' liquidators to claim Three Arrows' U.S. assets. Source
• PeckShieldAlert: Celsius Withdrew 600,000 $SNX on Aave. Source
• Kucoin report: 51% of Saudi Arabian crypto investors believe crypto is the future of finance. Source
• Fixed yield protocol Tempus rebrands. Source
• Zapper V2 beta testing starts now. Source
• PeckShieldAlert: Celsius repays about 8.4 million $USDC to Aave and withdraws 10.5 million $stETH. Source
• Aave launches proposal to perform a token swap with Balancer. Source
• PeckShieldAlert: Celsius repays about 29 million $DAI on Compound. Source
• Data: Total market contracts liquidated about $71.26 million in 12 hours. Source
• Full node incentive protocol Strongblock.io announces partnership with Fantom. Source
• Cardano ecosystem DEX WingRiders will launch governance token $WRT on July 14th. Source
• Multichain will distribute over 1.36M $USDC to veMULTI holders starting from July 14th. Source
• Non-custody wallet Frontier adds support for Moonbeam, Moonriver and Gnosis Chain. Source
• Maker votes to decide whether or not to provide 30M $DAI loan to digital asset company SG Forge. Source
• Coinbase will pause trading, deposits and withdrawals for $GMT on July 13th due to technical work. Source
• DEX aggregator ParaSwap is live on Arbitrum. Source
• Decentralized real-time detection network Forta launched bots creating tool Bot Wizard. Source
• CertiK Alert: $CNC on BNB Chain has dropped 70%. Source
• BlockFi may still accept GBTC as collateral in the future. Source
• Web3 video social media platform Lenstube is live on Polygon mainnet. Source
• Celsius lost potential $6b bailout after refusing to show financials. Source
• Vermont regulator joins 'multistate investigation' into Celsius. Source

Policy & Regulation

• California regulators are investigating firms that offer crypto interest accounts. Source

NFT

• NFL will offer free NFT virtual commemorative tickets for attendees of over 100 regular-season games next season. Source
• Burberry has launched a collection of virtual handbags on Roblox. Source
• Immutable X will mint 100K NFTs for ApeCoin holders. Source
• The Sandbox allows users to publish assets now. Source
• Data: CryptoPunks 24 hours trading volume up 229.85%. Source
• CryptoPunk #4464 was sold for 2,500 $ETH. Source
• Stepn releases health points (HP) attribute update. Source
• Otherside will conduct First Trip tech demo on July 16th. Source
• GameStop's NFT Marketplace earns about $45,000 in transaction fees on its first day of launch. Source
• SM Entertainment builds metaverse studio Kwangya. Source

Fundings

• Decentralized social protocol Farcaster closes $30 million in funding round led by a16z. Source
• LINE NFT subsidiary LINE NEXT closes $10 million in strategic financing with participation from SoftBank and others. Source
• DeFi lending protocol Morpho raised $18M co-led by a16z and Variant. Source
• Lightspeed announced the launch of Lightspeed Faction, a crypto fund that has raised over $7 billion across its four funds. Source