Crypto Daily Digest - July 4th

DeFi

• The Lido on Terra unwind begins today and Lido will close the UI on August 27th. Source
• Visa launches black card bitcoinblack in the UAE. Source
• CoinShares acquires Napoleon Asset Management. Source
• Meitu lost up to $52.3 million in H1 due to slide in crypto prices. Source
• Voyager holds about $1.65 billion crypto assets and cash, claims over $650 million against Three Arrows Capital. Source
• Data: Total market contracts liquidated about $37.54 million in 12 hours. Source
• SBF denies FTX is eyeing distressed crypto mining companies. Source
• PeckShieldAlert: Quixotic exploiters have transferred 857 $BNB to Tornado.Cash. Source
• PeckShieldAlert: Celsius Network wallets address transferred about 67,000 $ETH. Source
• $NODY on PancakeSwap appeared rug pull. Source
• Cardano testnet has completed the Vasil hard fork. Source
• Tether burnt 447M $USDT accrued via chain swaps, total $USDT supply not changed. Source
• Binance will support aelf mainnet integration, and deposits and withdrawals for mainnet $ELF. Source
• Elrond launched experimental AMM platform Jungle DEX. Source
• PeckShieldAlert: Horizon hackers transferred all funds to Tornado.Cash. Source
• Crypto trading and lending platform Vauld suspended all withdrawals, trading and deposits. Source
• PeckShieldAlert: multiple users' MetaMask wallets POAP has been stolen. Source
• Origin Protocol will take snapshot between July 5th 0:00 UTC to July 12th 0:00 UTC for $OGV airdrop. Source
• Immutable X extends the deadline for depositing $IMX in its first $IMX staking cycle to July 8th. Source
• Data: $OGN price increases 23.84% over the last 24 hours. Source
• British Army’s YouTube and Twitter accounts were hacked, and flooded with crypto posts. Source
• Ripple is considering adding automated market maker (AMM) capabilities to its network. Source

Policy & Regulation

• The Monetary Authority of Singapore is considering restricting the participation of ordinary investors in the cryptocurrency market. Source
• Central African Republic officially launches national cryptocurrency Sango Coin. Source

NFT

• ENS domain name 000.eth sold for 300 $ETH. Source
• Binance NFT will launch "FC Porto: The 30th Champions" NFT Mystery Box. Source
• Kuwait-based Islamic bank Warba Bank recently enters Decentraland and The Sandbox. Source
• Korean entertainment giant CJ ENM has entered The Sandbox metaverse. Source
• Formerly Terra-based metaverse Lunaverse will migrate to Polygon and rebrand. Source

Fundings

• Canadian crypto firm WonderFi has closed its $30 million acquisition of crypto trading platform Coinberry. Source
• East Ventures has closed a $550 million fundraising for its new fund, which will focus on investments in fintech, Web3, e-commerce and other sectors. Source
• IncrementFi, a DeFi infrastructure project on Flow, closes $1 million seed round with participation from Dapper Labs and others. Source