Crypto Daily Digest - July 20th

DeFi

• Twitter v. Elon Musk trial was set for October. Source
• Court documents reveal Su Zhu's $1.4 billion stake in Three Arrows Capital offshore fund. Source
• Three Arrows Capital's interest in deribit is only $25 million. Source
• Liquidity staking protocol pSTAKE Finance will launch $BNB liquidity staking. Source
• Crypto exchange Zipmex halts withdrawals. Source
• Polygon has open-sourced code for Polygon zkEVM. Source
• Crypto lending platform Vauld owes about $400 million to creditors. Source
• Coinbase says it had no financing exposure to Celsius, Three Arrows Capital, Voyager, and others. Source
• Former VP of marketing at Polygon joins Immutable as SVP of marketing. Source
• Data: Active wallets on the Solana network grew 58% this year. Source
• Data: $ETH price breaks above $1,600. Source
• PeckShieldAlert: premintsnft[.] com is a phishing site. Source
• OKX announces launch of Smart Portfolio Trading Bot. Source
• Data: Total market contracts liquidated about $90.17 million in 12 hours. Source
• ARK Invest is closing the ARK Transparency ETF. Source
• Infura added support to Avalanche C-Chain. Source
• Trust Wallet integrated with Cardano, Ronin Network and KCC. Source
• Lending protocol Coslend re-launched on Evmos mainnet. Source
• PeckShieldAlert: Raccoon Network and Freedom Protocol are scams, $20 million in funds have been transferred. Source
• DeFi project Angels To Miracles appeared rug pull. Source

Policy & Regulation

• South Korean prosecutors raid crypto trading exchanges to investigate Terra incident. Source
• UK regulators to introduce rules for stablecoins in new markets bill. Source
• Japan Virtual Currency Exchange Association criticized for Its slow start to regulation. Source
• Colombia advances regulatory framework for local crypto industry. Source
• Gemini registered as Virtual Asset Service Provider in Ireland. Source

NFT

• Azuki's physical Twin Tigers Jacket claim goes live. Source
• Hollywood-themed metaverse Meta Hollywood will issue digital assets on SOMA.finance. Source
• Privacy project Beam launches Beam NFT marketplace V2. Source

Fundings

• Blockchain security company Halborn raised $90M in Series A led by Summit Partners. Source
• Play-to-Earn AI fitness platform FitR closed seed funding round with participation from HashKey Capital and others. Source
• Web3 security firm Secure3 raised $5M in seed round with participation from HashKey Capital and others. Source
• NFT authentication company Optic closes $11 million seed round led by Pantera Capital and Kleiner Perkins. Source