Crypto Daily Digest - July 25th

TI Research

On July 25th, Tether partners with Bitfinex and Hypercore to launch app platform Holepunch and encrypted chat app Keet. Optimism community launches proposal to allocate 1 million $OP to Curve's sUSD, sETH, and sBTC pools. Law firm Scott+Scott is currently organizing a class-action suit against Yuga Labs, alleging that Yuga promoted Bored Ape NFTs and ApeCoin as securities with. Public chain Aptos closed a $150 million round of funding led by FTX Ventures and Jump Crypto.

DeFi

  • Tether partners with Bitfinex and Hypercore to launch app platform Holepunch and encrypted chat app Keet. Source
  • Optimism community launches proposal to allocate 1 million $OP to Curve's sUSD, sETH, and sBTC pools. Source
  • The Aave community proposes to increase the supply cap of $sAVAX on v3 Avalanche from 500,000 to 1,000,000. Source
  • CertiK Alert: Flash loan attack leads to 99% drop in $LPC price. Source
  • Multi-chain yield aggregator KillSwitch.finance has integrated Multichain cross-chain bridge. Source
  • Data: Curve distributed $100 million in fees to $veCRV holders. Source
  • PeckShieldAlert: CAKE-LPs [.] com is a phishing site. Source
  • PancakeSwap: scammers abuse event logs to falsify transfers displayed on trackers like BscScan or Debank. Source
  • Frax Finance founder: Stablecoin projects need collaboration not competition. Source
  • Sam Bankman-Fried: Offer submitted to reduce customer losses. Source
  • Decentralized music platform Audius released the post-mortem from the attack. Source
  • Data: total market contracts liquidated about $102 million in 12 hours. Source
  • PeckShieldAlert: DeFi project DRAC Network appeared Rug Pull. Source
  • Voyager Digital rejected FTX's proposal to offer early liquidity to Voyager customers. Source
  • Data: $BTC price dropped below $22,000. Source
  • Saber Labs launched Saber DAO Accelerator Program. Source
  • Cross-chain DEX and yield aggregator autofarm integrated with Evmos. Source
  • PeckShieldAlert: nickelodeonfts[.] com is a phishing site. Source

Policy & Regulation

  • Thai SEC is using online form to learn about Zipmex user losses. Source
  • Bragar Eagel & Squire, P.C. law firm has filed a class action lawsuit against Terra Labs and Do Kwon. Source

NFT

  • Japanese bank SMBC plans to develop NFT business. Source
  • Data: Otherdeed 24 hours trading volume up 16.28%. Source
  • Scott+Scott will file class action suit against Yuga Labs. Source
  • NFT aggregated marketplace Element will take a snapshot of the wallet addresses and launch Element 2.0 in August. Source
  • Ethereum fantasy football game Sorare enters partnership with AC Milan. Source
  • Fantasy football game Sorare partners with Lega Serie A. Source

Fundings

  • UK-based banking giant Barclays is expected to join a funding round for Copper. Source
  • Public chain Aptos closed a $150 million round of funding led by FTX Ventures and Jump Crypto. Source

DeFi

Tether

Social

Optimism

Curve

BAYC

Public Chain

TI Research

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