Crypto Daily Digest - July 27th

TI Research

On July 27th, Harmony released a compensation proposal, planning a hard fork of Harmony to increase the supply of $ONE. The Central African Republic has started selling its Sango Coin crypto. Mirror launches Web3 Subscriptions supporting wallet-based content subscriptions for users. Tether's total commercial paper exposure expected to zero by end of October or early November.

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

TI Research

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