Crypto Daily Digest - June 20th
DeFi
- Crypto exchange Bybit lays off employees due to market decline. Source
- Babel Finance has taken action to alleviate the company's liquidity situation. Source
- TRON DAO Reserve has purchased 10,000,000 $USDD on TRON. Source
- Top 100 crypto funds cut $ETH holdings by 85% on-chain in 3 months. Source
- CZ says Binance didn't buy 101,266 $BTC. Source
- Data: The whole network contracts liquidated about $147 million in 12 hours. Source
- Solend community's new proposal to revoke previous takeover of the giant whale account has been approved. Source
- The New Solend community proposal suggests revoking the previous proposal taking over the giant whale account and increasing voting time. Source
- Data: stablecoin $USDD drops to $0.9509. Source
- Binance will support the BNB Smart Chain (BEP20) Network upgrade and hard fork. Source
- THORChain's current liability is less than 2% of reserve and its impermanent loss protection is different than Bancor's. Source
- BitMEX Founder: expect more forced selling of $BTC and $ETH. Source
- BNB Chain based StepUp Games appeared rug pull. Source
- zkSync-based DEX ZigZag is expected to issue $ZZ. Source
- Tether is working on a full audit to provide more transparency on its $USDT reserves. Source
- Binance will support Origin Protocol's $OGV airdrop for $OGN holders. Source
- Bancor's Impermanent Loss Protection is temporarily paused. Source
- Celsius says it will work with regulators to find a resolution. Source
Policy & Regulation
- Bermuda Premier: Bermuda wants to be the hub of the global stablecoin market. Source
- Iran to cut off electricity to authorized cryptocurrency mining units. Source
- South Korea delays 20% tax on crypto-asset gains to 2025. Source
NFT
- Move-to-Earn game Walken will have its first NFT sale today at 7pm, UTC. Source
- Christie's NFT head Noah Davis will serve as brand lead for CryptoPunks. Source
- Rapper Snoop Dogg has filed trademark applications for NFT and metaverse. Source
- Jay Chou will launch Tiger Champs NFT collection in association with Paris Saint-Germain soccer team. Source
- Data: Bored Ape Yacht Club 24 hours trading volume up 345.09%. Source
Fundings
Solana
Lending
DeFi
Derivatives
Binance
Airdrop
Disclaimer

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