Crypto Daily Digest - July 14th

DeFi

• Celsius Network paid off all DeFi debts, which is more than $800M. Source
• Celsius has over 100,000 creditors with combined assets and estimated liabilities between $1 billion and $10 billion. Source
• Velodrome will distribute 750,000 $OP rewards to $veVELO holders. Source
• Uniswap V3 deployed on Celo. Source
• Circle to support OwlPay's B2B real-time cross-border payment service. Source
• Animoca Brands and Blowfish Studios launch Phantom Galaxies governance and utility token $ASTRAFER. Source
• CoinFLEX now allows customers to withdraw 10% of their account balance. Source
• DeFi protocol Shell Protocol v2 is launching on Arbitrum. Source
• Data indexing tool SubQuery announces postponement of $SQT public sale. Source
• The New York Yankees will allow employees to convert part of paychecks into Bitcoin. Source
• Bitpanda launches crypto investment indices on four themes, including metaverse. Source
• Huobi has moved the $HBTC collateral out of its official transparent wallet. Source
• Nexo has transferred about 1.37 million $USDC to FTX. Source
• Data: Total market contracts liquidated about $61.71 million in 12 hours. Source
• $RTW on PancakeSwap appeared rug pull. Source
• BNB Chain launches DApp hub DappBay to help users identify high-risk projects. Source
• StarkNet will launch its native token in September. Source
• Polygon among Web3 projects selected for Disney Accelerator program. Source
• Celo network stalled with all funds safe. Source
• Data: $CEL price dropped 42.29% over the last 24 hours. Source
• Web3 data storage platform Bundlr launched testnet. Source
• Data: $VGX price increased 104.91% over the last 24 hours. Source
• Cross-chain DEX aggregator THORSwap integrated with Cosmos. Source
• Celo: block production resumed briefly, then stalled again. Source
• Gary Gensler: Bitcoin is a non-security token. Source

Policy & Regulation

• The Dubai Virtual Assets Regulatory Authority granted OKX a provisional virtual assets license. Source
• Judge reaffirms that SEC must produce materials related to Bill Hinman speech in Ripple case. Source
• Celsius Network initiated financial restructuring and filed petitions for Chapter 11 bankruptcy. Source
• Crypto exchange Bitfinex donates 36 $BTC and 600K $USDT to El Salvador. Source

NFT

• CertiK Alert: NICE OFFICIAL Discord has been hacked. Source
• Immutable X will take a snapshot on August 1st to allow $APE holders to mint free NFTs. Source
• Korean telecom giant SK Telecom announced the launch of Ifland 2.0, which will enable the P2E model. Source

Fundings

• Game developer UnCaged Studios closed $24 million funding round led by Griffin Gaming Partners. Source
• Derivatives trading protocol ZKX closed $4.5 million seed round with participation from Alameda Research and others. Source
• Decentralized exchange Contango closed $4 million funding round with participation from Coinbase Ventures and others. Source
• NFT membership platform Hang raised $16M in Series A led by Paradigm. Source