Crypto Daily Digest - July 1st

TI Research

On July 1st, Optimism-based NFT marketplace Quixotic was hacked, the hacker stole about 220,000 $OP and transferred it to BNB Chain, and then to Tornado.Cash. In response, the official said that the stolen tokens will be repaid to users. Public chain project Aptos starts registration for Incentivized Testnet 2. Ethereum Foundation: Ethereum Sepolia testnet expected to merge in the coming days. Axie Infinity officially launches Land Staking.

DeFi

  • Ankr's RPC gateways for Polygon and Fantom have been hacked. Source
  • Deribit initiated Three Arrows Capital's liquidation application in BVI court. Source
  • Public chain project Aptos starts registration for Incentivized Testnet 2. Source
  • Optimism deprecates Kovan testnet and is migrating to Goerli testnet. Source
  • Ethereum Foundation: Ethereum Sepolia testnet expected to merge in the coming days. Source 
  • MakerDAO vote on how to allocate 500 million $DAI has closed: 80% for U.S. Treasuries + 20% for IG Corp Bonds. Source
  • Near native stablecoin issuer Decentral Bank launches $USN V2.0. Source
  • Alameda has transferred about 190 $WBTC and 105 million $USDC to FTX. Source
  • Data: DeFi-related exploits with roughly $1.88 billion worth of cryptocurrency stolen in the first half of 2022. Source
  • Horizon cross-chain bridge hacker address transferred over 18,000 $ETH again. Source
  • PancakeSwap is currently not available and being fixed. Source
  • Celsius will explore options including strategic transactions or restructuring liabilities. Source
  • Kava Network will launch Kava 11 on August 31st. Source
  • Lido community votes against limiting Lido's share of staked $ETH. Source
  • Binance will delist $GRS, $NAS and $GO on July 8th. Source
  • STEPN's new DEX DOOAR is the biggest DEX on solana. Source
  • BlockFi CEO said he can 100% confirm that BlockFi will not be sold at a valuation of $25 million. Source
  • BlockFi is in talks with Ledn, which intends to lead a $400 million financing round for BlockFi. Source
  • Blockchain.com is cooperating with investigations into Three Arrows Capital. Source
  • Music streaming App Napster plans to launch $NAPSTER on Algorand. Source
  • OpenLeverage token contract deployed to Ethereum and will airdrop 7.35% of Initial Total Supply. Source

Policy & Regulation

  • Data: Total market contracts liquidated about $159 million in 12 hours. Source
  • Crypto traceability and market rules agreed by EU lawmakers. Source
  • Animoca Brands fined for failing to lodge 3 years of financial returns with ASIC. Source
  • The Argentinian Tax Agency, the AFIP, has ramped up the seizures of digital wallets of taxpayers in the country. Source
  • VanEck has submitted application to SEC for new Spot Bitcoin ETF. Source
  • EU agrees on landmark crypto authorization law, MiCA. Source
  • El Salvador bought another 80 $BTC. Source
  • Coinbase denies the claim that it sells user data. Source

NFT

  • Casual Brand TOMMY HILFIGER has filed trademark applications related to NFT. Source
  • Optimism-based NFT marketplace Quixotic was hacked and will refund stolen tokens. Source
  • The Quixotic hacker stole about 220,000 $OP and transferred it to BNB Chain, and then to Tornado.Cash. Source
  • Facebook begins testing NFTs with select creators in the US. Source
  • Hundreds of Bored Ape owners sign up to hire out their NFTs to brands. Source
  • Axie Infinity officially launches Land Staking. Source
  • Facebook began testing NFTs with select creators in the US. Source
  • Data: Mutant Ape Yacht Club 24 hours trading volume up 46.34%. Source
  • Doodles 2 Wearable NFT Genesis Box Auction concluded with close to 12K $ETH in total result. Source
  • The Sandbox integrates with Coinbase Wallet. Source
  • DeFi Land launches its exclusive NFT marketplace. Source

Fundings

  • OP Crypto is raising $100 million for its new fund. Source
  • Kyve Network closed $9 million funding round led by Distributed Global. Source
  • Crypto app store Magic Square has closed a $3m seed funding round co-led by Binance Labs and Republic Capital. Source
  • Web3 metaverse platform Mona closes $14.6 million Series A funding round with Polygon Studios and others. Source
  • Web3 weather network Weather XM closed a $5m seed funding round led by Placeholder VC. Source

Public Chain

DeFi

Optimism

NFT

Marketplace

Security Incidents

Ethereum

Axie Infinity

TI Research

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