Crypto Daily Digest - July 25th

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