Crypto Daily Digest - July 27th
DeFi
- Tether's total commercial paper exposure expected to zero by end of October or early November. Source
- Fantom community decides to use burn fee to fund ecosystem projects. Source
- Harmony released a compensation proposal, planning a hard fork of Harmony to increase the supply of $ONE. Source
- Digital asset management platform Safe plans to launch token $SAFE with uncertain date. Source
- The Central African Republic has started selling its Sango Coin crypto. Source
- Mirror launches Web3 Subscriptions supporting wallet-based content subscriptions for users. Source
- Over-collateralized stablecoin protocol Angle Protocol deployed to Arbitrum. Source
- Ark Invest offloads over 1.4 million Coinbase shares. Source
- Data: Total market contracts liquidated about $68.65 million in 12 hours. Source
- NEAR partnered with digital asset custodian Fireblocks. Source
- $NTRC on PancakeSwap appeared rug pull. Source
- According to SlowMist team monitoring, x2y2[.]it is a phishing site. Source
- Binance completes $USDT Tezos network integration and opens deposits. Source
- Lido's proposal to sell Dragonfly Capital 10M $LDO gets updated with a one year lockup period added. Source
Policy & Regulation
- Chainalysis is spinning up Government Solutions for agencies. Source
- South Korean prosecutors placed a notification upon arrival on Terra CEO Do Kwon. Source
- Crypto custodian Komainu has gained provisional regulatory approval to operate in Dubai. Source
- Former Pantera Capital General Counsel joins CFTC as Chief of Staff and Senior Counsel. Source
- The U.S. House stablecoin bill will be delayed until September. Source
- PeckShieldAlert: grumpybears[.]sol-presales[.]com is a phishing site. Source
NFT
- Ethereum wallet Rainbow now supports NFTs on Mainnet, Polygon, Arbitrum and Optimism. Source
- Trust Wallet integrated with Polygon NFTs. Source
- Coinbase releases part one of BAYC animation trilogy. Source
Fundings
- Crypto startup Sumo Signals closed $5.5 million funding round led by OnDeck Venture. Source
- Venture capital firm Concept Ventures launches £50 million Pre-Seed stage dedicated fund. Source
- Nas Academy, a Singapore-based Web3 education startup, closed a $12 million round with FTX Ventures involved. Source
- Unstoppable Domains raised $65M at $1B valuation in Series A led by Pantera Capital. Source
Tether
Harmony
Web3
DeFi
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