Crypto Daily Digest - July 1st

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