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Crypto Daily Digest - June 16th

TI Research
Crypto Daily Digest - June 16th Source: Circle

On June 16th, Circle will issue a euro-pegged stablecoin called Euro Coin ($EUROC). Inverse Finance was drained for $1.2 million in a flash loan attack. MetaMask and Phantom crypto wallets fix browser extension vulnerability. AEX said that withdrawal delay is due to the medium and long-term allocation assets cannot be redeemed in the short term. Yield Guild Games has partnered with Walken, a free-to-play and move-to-earn game on Solana.

DeFi

  • Circle will issue a euro-pegged stablecoin called Euro Coin ($EUROC). Source
  • TRON DAO Reserve tweeted that it will withdraw another 3 billion $TRX. Source
  • Inverse Finance was drained for $1.2 million in a flash loan attack. Source
  • Inverse Finance temporarily paused borrowing service. Source
  • $Starlink2 on PancakeSwap appeared rug pull. Source
  • The address marked as Three Arrows Capital by Nansen converted 5,500 $stETH into 6,098,466.4 $USDT. Source
  • MetaMask and Phantom crypto wallets fix browser extension vulnerability. Source
  • The Celo Foundation launches Celo University Guild educational campaign. Source
  • Sources say Celsius has hired Citigroup to provide viable solution to financial crisis. Source
  • 7th Ethereum mainnet shadow fork config file has been released and is expected to test on June 22nd. Source
  • AEX said that withdrawal delay is due to the medium and long-term allocation assets cannot be redeemed in the short term. Source
  • Nansen launches Web3 messaging app Nansen Connect. Source
  • Crypto wallet ONTO integrates with zkSync and Optimism. Source
  • Spanish airline Vueling will accept Bitcoin payments. Source
  • Coinbase has listed Forta ($FORT). Source
  • Coinbase added AirSwap ($AST) and MetisDAO ($METIS) to listing roadmap. Source
  • Former president of New York Stock Exchange joins Uniswap Labs as an advisor. Source
  • MakerDAO temporarily disables the Aave $DAI Direct Deposit Module (D3M). Source
  • Web3 infrastructure company Ankr becomes the RPC provider for Optimism. Source
  • Decentralized real-time detection network Forta launches $FORT with airdrop live. Source
  • The total supply of stablecoins decreased for the first time in its history during Q2 2022. Source
  • Belgium-based KBC Group will launch its digital coin pegged to Euro at 1:1. Source
  • 8BlocksCapital trading chief alleges that Three Arrows Capital misappropriated $1 million of its funds for margin calls. Source
  • MicroStrategy's Michael Saylor says he would consider buying more bitcoin. Source

Policy & Regulation

  • Kazakhstan to let crypto exchanges open bank accounts. Source
  • Huobi will shut Thailand crypto unit as regulator revokes license. Source
  • CAR president Faustin-Archange Touadéra urges citizens to understand Bitcoin to bring long-term prosperity. Source
  • Bank of Kyrgyzstan issues warning about cryptocurrencies and crypto payments. Source
  • Former CFTC Chairman said crypto lending platforms should be regulated. Source
  • Korean Prosecutors launch full investigation into Do Kwon's alleged tax evasion. Source
  • The Federal Reserve raised interest rates by 75 basis points, the biggest increase since 1994. Source

NFT

  • Yield Guild Games has partnered with Walken, a free-to-play and move-to-earn game on Solana. Source
  • Web3 wallet tracking application Context launched an NFT mint aggregator mint.fun. Source
  • Blockchain game Illuvium has launched a bug bounty program on Immunefi. Source
  • Immutable X launches NFT bridging protocol Arch v1.0. Source
  • The Sandbox partners with Lionsgate to create a film-themed entertainment destination in the metaverse. Source

Fundings

  • Blockchain game Earth From Another Sun closed a $4.5 million funding round with participation from Solana Ventures and others. Source
  • Animoca Brands acquires educational content platform TinyTap. Source
  • Crypto financial institution Upvest closed $42 million series B funding round led by Bessemer Venture Partners. Source
  • Decentralized gaming community Saga has closed a $3.6m funding round led by Animoca Brands. Source
  • Crypto payment company TripleA has closed a S$4m funding round led by zVentures. Source
  • TGV4 Plus raised $146 million for its new fund, TGV4 Plus Follow On Fund, which will focus on Web3 projects. Source
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