Crypto Daily Digest - July 6th

DeFi

• Voyager Digital has filed for Chapter 11 bankruptcy protection. Source
• Data: $VGX price dropped 22.57% over last 24 hours. Source
• Toronto Stock Exchange is delisting review of Voyager Digital. Source
• Ethereum Sepolia testnet has completed The Merge. Source
• Web3 infrastructure provider Syndicate is live on Polygon. Source
• Permissionless smart contract deployment is live on Flow. Source
• FTX request to approve crypto derivatives faces opposition. Source
• Circle holds 80% of $USDC reserves in U.S. Treasury bills and 20% in cash within the U.S. banking system. Source
• Harmony's Bitcoin Bridge internal vaults are paused to enhance security. Source
• Shiba Inu will launch Layer2 blockchain Shibarium, stablecoin $SHI and reward token $TREAT. Source
• Web3 messaging protocol Dialect partners with Solana Mobile to launch messaging app Dial for smartphone Saga. Source
• Circle's EUROC stablecoin currently trades only within the US. Source
• Crypto exchange Bitstamp will charge inactive accounts a fee. Source
• Binance to eliminate fees on spot trading for 13 $BTC pairs. Source
• JustLend and TRON DAO Reserve enter into a partnership. Source
• Data: Total market contracts liquidated about $51.02 million in 12 hours. Source
• Binance resumes local currency deposits with Brazilian payment system Pix. Source
• Celsius Network repays 34.4 million $DAI to Maker again. Source
• BitDAO purchases $6 million in $BIT July 1st to July 4th. Source
• Data: nearly 20,000 $ETH transferred from Celsius-related address. Source
• Alameda has transferred about 30 million $USDC to FTX again. Source
• Biconomy's cross-chain transaction platform Hyphen adds support for Arbitrum. Source
• Injective mainnet upgrade completed with CosmWasm Smart Contract live. Source
• Input Output will launch Cardano EVM sidechain. Source
• Former The Block researcher offers solutions to improve Uniswap and empower $UNI. Source

Policy & Regulation

• Russians banned from accessing BitMEX within European Union. Source
• The crypto crash may prompt U.S. states to shelve plans to tax with bitcoin. Source
• Korea blockchain association will dissolve this month as CEOs of top 5 exchanges resign from boards. Source

NFT

• Decentraland launches Bug Bounty program. Source
• ConsenSys enters into a strategic partnership with Saudi Arabia's NFT marketplace Nuqtah NFT. Source
• The Sandbox launches Bug Bounty Program on Immunefi. Source
• Terra-based NFT infrastructure layer Soil Protocol officially launched. Source
• PeckShieldAlert: hacker stole Twitter user's account for OthersideMeta scam and profited 4 Otherdeed. Source
• DeFi yield aggregator yearn.finance launched NFT treasury management tool NFTreasury. Source
• Ripple conducts testing of native NFT functionality. Source
• Doodles founder bought Doodles #3881 for $155.55 ETH. Source
• Ex-TikTok gaming head to launch blockchain games startup. Source

Fundings

• Bitmark closed $5.6 million funding round led by Galaxy Interactive and others. Source
• Crypto gaming company Cauldron closed $6.6 million funding round led by Cherry Ventures. Source
• Public blockchain Rubix raised $100M from LDA Capital. Source
• Fairfax County Pension System to invest in VanEck's crypto fund. Source
• German game developer Klang Games closed a $41 million round of funding led by Animoca Brands and Kingsway Capital. Source
• The Enjin-based blockchain game launchpad Enjinstarter raised $5 million in funding led by TGV. Source
• McKinsey says $120B already invested in metaverses in 2022. Source