Crypto Daily Digest - June 14th
DeFi
- Data: The whole network contracts liquidated about $345 million in 4 hours. Source
- Crypto lender BlockFi cuts staff by roughly 20%. Source
- Arthur Hayes: Bitcoin under selling pressure at $20,000. Source
- Binance will support the Firo network upgrade and hard fork. Source
- PeckShieldAlert: the address related to Celsius deposited 2,001 $WBTC into MakerDAO. Source
- German fintech Nuri's Bitcoin interest product affected by Celsius withdrawal freeze. Source
- Binance plans to hire 2,000 people from engineers, product, marketing to business development. Source
- MicroStrategy's losses on its Bitcoin bet near $1 billion. Source
- TRON DAO Reserve received another 500m $USDC to defend $USDD peg. Source
- PeckShieldAlert: around 4,277 $ETH into Celsius wallet within the last hour. Source
- zkSync plans to ship a major update to its v2 testnet next week. Source
- Coinbase has decided to reduce its team by 18%. Source
- FatMan tweeted that report of Terra's collapse being an inside job is not true. Source
- The wallet which caused Terra collapse is managed by Terraform Labs, CoinDesk Korea reports. Source
- Multichain integrates with Kava Network. Source
- Shibarium, the long-awaited Layer 2 solution in the Shiba Inu ecosystem, may be coming soon. Source
- Coinbase will list $DAR, $POND, $ATA, and $FIS. Source
- Three Arrows Capital exchanged 38,900 $stETH for 36,718.64 $ETH. Source
- Multichain integrates with Ethereum Classic. Source
- Everipedia purchases the everipedia.eth domain and plans to expand the application to the Ethereum Layer2 network. Source
Policy & Regulation
- El Salvador’s Bitcoin reserves lose almost $20 million in six weeks. Source
- Ripple counsel Stu Alderoty slams SEC for trying to bulldoze and bankrupt crypto. Source
- SEC has sent letters to several crypto exchanges inquiring about a lack of insider trading safeguards. Source
- New York City Mayor urged New York State Governor to refuse to sign a crypto mining ban bill. Source
- BlockFi was ordered to pay a more than $943,000 fine in Iowa for selling unregistered securities. Source
NFT
- OpenSea has announced new features that automatically hide suspicious NFT transfers from view on OpenSea. Source
- PeckShieldAlert: NFT platform KnownOrigin Discord has been attacked. Source
- Asian superstar Jay Chou in Paris Saint-Germain NFT promotional video. Source
- French fashion brand Lacoste will launch UNDW3 NFT collection. Source
Fundings
- Web3 game studio The Wildcard Alliance has closed a $46m Series A funding round led by Paradigm. Source
- Sequoia India and Southeast Asia has launched two new funds. Source
- Animoca Brands has become Liberty Gaming's primary investor. Source
- Nume Crypto, a crypto payments startup, closed a $2 million pre-seed round led by Sequoia Capital India. Source
- Amber Group acquires Celera Markets Limited, a fully licensed financial group by the Securities and Futures Commission (SFC) of Hong Kong. Source
- ScienceMagic.Studios closed a $10m pre-seed round with participation from Coinbase Ventures and others. Source
- Decentralized science platform Molecule raises $13 million in seed funding. Source
- Crypto rewards platform Bits of Stock closes $4.4 million seed round with participation from Keen Ventures and Yellow Accelerator. Source
Terra
OpenSea
NFT
Coinbase
Sequoia Capital
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