Crypto Daily Digest - June 29th

DeFi

• Arbitrum: Suspending Odyssey activity pending Nitro release. Source
• Arbitrum Odyssey first week reward NFTs have been minted nearly 50,000. Source
• Arbitrum network's gas fee for one transaction is already higher than Ethereum mainnet. Source
• Immutable X Will Launch $IMX Staking on July 1st. Source
• Cardano testnet Vasil upgrade is expected on July 3rd UTC. Source
• Solana ecosystem wallet Phantom wil integrate with Coinbase Pay. Source
• Gray Glacier hard fork is set to hit around 10:00 UTC on June 30th. Source
• CoinFLEX CEO: CoinFLEX sent notice of default to Roger Ver. Source
• Mercado Pago extends its cryptocurrency services in Brazil. Source
• SBF: some third-tier exchanges are already secretly insolvent. Source
• Luxury watch brand Breitling partners with BitPay to accept crypto payment. Source
• Week 2 of Arbitrum Odyssey is live. Source
• Harmony partners with Chainalysis to investigate Horizon Bridge incident. Source
• MetisDAO Foundation released roadmap for the second half of 2022 including using new governance structures. Source
• Options protocol Lyra Avalon is live on Optimism mainnet. Source
• Data: $USTC price increased by 242.18% over last 24 hours. Source
• PeckShieldAlert: Skate Metaverse appeared rug pull. Source
• GMX: gas price spiked due to on-chain activity increasing. Source
• Polygon announces partnership with immersive educational metaverse Edverse. Source
• Binance Pool announced partnership with mining pool solution UltimusPool. Source
• Binance helped Solend get in touch with the whale, says the founder of Solend. Source
• MicroStrategy has purchased 480 $BTC for $10 million. Source
• 1inch Network has surpassed $190 billion in total trading volume on the Ethereum Network. Source
• Harmony attack hackers transferred 18,036.3 $ETH to intermediary address. Source
• 21Shares announces Crypto Winter Suite. Source
• Data: Total market contracts liquidated about $85.97 million in 12 hours. Source
• Coinbase will be undergoing maintenance during the Ethereum Gray Glacier upgrade. Source
• The Block Researcher: Delphi Digital's wallet address transferred 600,000 $AXS to Coinbase last weekend. Source

Policy & Regulation

• Russian State Duma passed a bill to remove VAT on digital assets sales. Source
• BlockFi has been received Money Services License in lowa. Source
• A British Virgin Islands court orders liquidation of Three Arrows Capital, Sky News reports. Source

NFT

• Azuki will share its plans to expand the Azuki universe soon. Source
• The Sandbox has been deployed on Polygon. Source
• Data: Moonbirds 24 hours trading volume up 123.37%. Source

Fundings

• Blockchain fintech firm PolySign raised $53m in Series C funding round with participation from Cowen Digital and others. Source
• Layer1 blockchain Linera closed a $6m seed funding round led by a16z. Source
• Blockchain fintech company R Labs closes $5 million pre-seed round led by SoftBank and Others. Source
• Web3 authentication startup Dynamic closes $7.5 million seed round led by a16z. Source
• Web3 IoT economic network peaq closes $6.5 million funding round led by Fundamental Labs. Source
• Web3 game startup Project Twelve closes $8 million in funding with participation from Project Galaxy and others. Source