Crypto Daily Digest - June 21st

DeFi

• BlockFi secures $250 million credit facility from FTX. Source
• FTX has dropped out of talks to have a jersey patch on the Los Angeles Angels’ uniform. Source
• Vitalik Buterin: Bitcoin S2F model gives false sense of certainty. Source
• Crypto exchange Vauld cuts workforce by 30%. Source
• Data: The whole network contracts liquidated about $69.51 million in 12 hours. Source
• Solend releases new SLND3 proposal vote. Source
• 6.6 billion Tron based $USDT has been burned at Tether Treasury. Source The Sepolia testnet Beacon Chain is now live and ready to be the second testnet to perform a merge. Source
• Celsius repays $10m DAI to Compound. Source
• ParaSwap launches peer-to-peer NFT trading app. Source
• Binance will perform wallet maintenance for TRON Network on June 23rd. Source
• Voyager Digital has signed a term sheet with Alameda Research to secure $200m and 15,000 $BTC revolving line of credit. Source
• ProShares launches ProShares Short Bitcoin Strategy ETF on New York Stock Exchange on June 21st. Source
• ZigZag will launch its token $ZZ with the first round of IDO taking place on its own platform on June 24th. Source
• OKX has introduced new Custody Trading sub-accounts features to improve the transparency of asset management. Source
• Celo announced integration with Wormhole. Source
• Solend: the whale whose address starts with 3oSE has started moving funds. Source
• PsyFinance launches v2 to open vault auctions to more bidders. Source
• Cardano developers delayed Vasil hard fork on the testnet. Surce

Policy & Regulation

• UK government has amended controversial plans for crypto transfers and information sharing. Source
• Bank of Israel says crypto smart contracts may need oversight. Source
• Colombia's new President expresses support for Bitcoin. Source

NFT

• Lotus Cars and Ripple partner to launch NFT. Source
• BAYC announces the launch of NFT with Rolling Stone Magazine. Source
• Axie Infinity plans to launch Land Staking between June 23rd and 28th. Source
• MoonPay officially launches utility NFT minting service HyperMint. Source
• Uniswap awards about $7 million in $UNI to 122 grantees through the UGP program. Source
• DeFi yield protocol Timeless Finance launches on Ethereum mainnet. Source
• Solana based launchpad Solanium launches Solanium Shield to strengthen due diligence process. Source
• TIME partners with The Sandbox to build ‘TIME Square’ in the metaverse. Source
• Lido Subgraph is now deployed on The Graph. Source
• STEPN added the Sneaker Enhancement and adjusted the energy sharing rules. Source
• Ukrainian Crypto Fund sold CryptoPunk #5364 for 90 $ETH. Source
• NFT project Neo Hunters official discord was hacked. Source

Fundings

• Blockchain-based charity Endaoment raised $6.67m with participation from Coinbase Ventures and others. Source
• Binance Labs has made a strategic investment in OpenLeverage. Source
• Solana NFT marketplace Magic Eden raises $130m at $1.6b valuation. Source
• NFT lending platform Astaria closes $8 million funding round with participation from Arrington Capital and others. Source
• Blockchain game platform MetaOne closes $2 million private placement with Huobi Ventures, LD Capital and others. Source
• Web3 education platform Neol closes $5.2 million seed round co-led by Kyu Collective and Global Ventures. Source
• Web3 venture capital firm AC Capital launches $20 million investment fund. Source