Crypto Daily Digest - June 15th

DeFi

• Ethereum will have a hard fork upgrade to postpone the difficulty bomb for about 2 to 3 months. Source
• Bitcoin rebounds above $21,100, up 2.63% in 1 hour. Source
• Multichain announces partnership with Web3 operating system Encentive. Source
• Data: $stETH falls below $1,000, down 15.07% in 24H. Source
• $USDD to $USDC ratio drops further. Source
• Three Arrows Capital has total liquidations of up to $400 million on lending platforms such as Deribit and BlockFi. Source
• So far today, about 16,000 $ETH has been liquidated from the address supposedly related to Three Arrows Capital. Source
• MakerDAO discloses stETH position details and stETH liquidation price. Source
• Harmony team is working on Harmony-ETH bridge. Source
• Stargate community adopts proposal to provide additional incentives for $STG stakers. Source
• Crypto lender Celsius Network has hired restructuring lawyers after account freeze. Source
• Celsius will continue to pause withdrawals, Swap and transfers between accounts. Source
• MicroStrategy said that sufficient collateral was deployed to continue holding Bitcoin for the long term. Source
• Binance has completed the mainnet swap of BEP2 THORChain ($RUNE). Source
• Stablecoin protocol Volt Protocol has been launched on Arbitrum. Source
• Terra community has voted to pass Prop 446 regarding 0.5% emergency $LUNA allocation distribution method. Source
• Tether plans to reduce commercial paper holdings to zero. Source
• TRON DAO Reserve will withdraw 2.5 billion $TRX out of Binance. Source
• Nexo claims zero exposure to Three Arrows Capital. Source
• Moonbeam Network integrates with Chainlink price feeds. Source
• Kraken CEO Jesse Powell has hit out at a small group of employees. Source
• Cross-chain DEX Zenlink integrates with Astar Network. Source
• WalletConnect is building a messaging protocol for Web3. Source
• Voyager currently has no customer assets at Celsius. Source
• Block announces a plan to build a Bitcoin Lightning Network infrastructure. Source

Policy & Regulation

• EU commissioner Mairead McGuinness reiterates need for "regulating all crypto-assets". Source
• Brazilian lawmakers will discuss a bill recognizing cryptocurrencies as means of payment. Source
• El Salvador Finance Minister: Bitcoin crash poses extremely minimal fiscal risk. Source

NFT

• Tag Heuer added NFT display feature to its smartwatches. Source
• StarryNight has liquidated all 70 of its NFTs on the SuperRare platform. Source
• OpenSea is migrating to a new Web3 marketplace protocol Seaport. Source
• NFT marketplace aggregator Genie is now fully integrated with OpenSea Seaport. Source
• Meta will launch several metaverse initiatives in Hong Kong. Source
• Immutable X partners with Turner Sports to develop blockchain games. Source
• YGG and Merit Circle DAO terminate formal relationship. Source
• Axie Infinity will launch the second phase of Origin in July. Source

Fundings

• Web3 Starter Kit Tellie has closed $10 million series A funding round with participation from Malibu Point Capital and others. Source
• French luxury group Kering has invested in Haun Ventures. Source
• Web3 startup DAOLens has raised $5 million led by Nexus Venture Partners and others. Source
• Web3 entertainment technology company Kaleidoco closed a $7 million seed round with participation from Animoca Brand and others. Source