Crypto Daily Digest - June 24th

DeFi

• Solana Labs will launch Web3 smartphone Saga. Source
• Harmony's cross-chain bridge hit by ETH theft worth nearly $100 million. Source
• Harmony team sends on-chain negotiation request to Horizon Bridge attackers, but no response. Source
• MakerDAO votes to buy and burn $MKR with 3 million $DAI within 3 months. Source
• Bybit co-founder proposes Layer1 network with $BIT as the native token. Source
• Avalanche Bridge adds native Bitcoin support. Source
• PeckShieldAlert: rug pull project AnubisDAO transfers 1,018 $ETH to Tornado Cash. Source
• Average transaction fees on Uniswap over the past seven days exceeded the cost of transaction on the Ethereum Network. Source
• Convex Finance's official website DNS hijacked and now fixed. Source
• Coinbase launches first crypto derivatives product aimed at retail traders. Source
• Synthetic asset protocol Synthetix updated to Algol version. Source
• Optimism launches second round of voting on governance proposals. Source
• PeckShieldAlert: Alameda has transferred 17.8 million $DAI to FTX. Source
• Debt position of the whale on Solend s debt position has fallen below $50 million. Source
• Data: The whole network contracts liquidated about $90.47 million in 12 hours. Source
• $stETH to $ETH ratio rises to 0.955 on Curve. Source
• Crypto trading platform CoinFLEX announces suspension of withdrawals. Source
• Ratings agency Moody’s has downgraded Coinbase’s corporate debt. Source
• Coinbase will support sending and receiving crypto on Polygon and Solana. Source
• Celer Network has partnered with Gnosis Chain to support the bridging of $GNO. Source
• Klaytn-based lending protocol Klap is live on mainnet. Source
• Ronin Network plans to re-open Ronin Bridge on June 28th, with all user funds returned. Source
• DeFi derivatives protocol Cega has announced its mainnet launch on Solana. Source
• Ribbon Finance had an attack on its website DNS with all funds on vault contract unaffected. Source
• Lido has set up a vote to determine whether or not Lido should limit itself to a share of staked $ETH. Source
• Evmos Name Service will launch on mainnet today. Source
• Decentralized exchange Saddle Finance announced the unlocking of $SDL token trading access and the opening of protocol mining and governance. Source
• Kyber Network: Three Arrows Capital's potential bankruptcy may impact Kyber's finances, but the pool of funds could still sustain Kyber for years to come. Source

Policy & Regulation

• Cardano co-founder Charles Hoskinson pitches crypto self-regulation to Congress. Source
• Russian parliament proposes a bill to fine those who illegally issue or exchange crypto. Source

NFT

• Klaytn partners with OpenSea to accelerate NFT growth in Asia. Source
• OpenSea partners with Solana blockchain explorer Solscan. Source
• Conditional Listing is live on LooksRare. Source
• Zilliqa game development team releases Unity SDK v3.0 to support on-chain wallet functionality and NFT transactions. Source

Fundings

• Digital toys NFT platform Cryptoys closes $23 million Series A funding round led by a16z. Source
• NFT financial servicing protocol Cyan raised $2M in seed round co-led by Animoca Brands and gCC. Source
• NFT value discovery platform EyesFi has raised $2m in a funding round led by Multicoin Capital. Source
• Web3 news startup Capsule Social closes $2.6 million seed round led by Beacon Fund. Source