Crypto Daily Digest - June 16th

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