Crypto Daily Digest - June 29th

TI Research

On June 29th, Arbitrum Odyssey first week reward NFTs have been minted nearly 50,000. Arbitrum network's gas fee for one transaction is already higher than Ethereum mainnet. Due to the current high gas fees on chain, Arbitrum decided to pause the Odyssey until Nitro is released. Immutable X Will Launch $IMX Staking on July 1st. A British Virgin Islands court orders liquidation of Three Arrows Capital. Solana ecosystem wallet Phantom wil integrate with Coinbase Pay.

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

Arbitrum

NFT

Layer 2

Immutable X

DeFi

Ethereum

Solana

Three Arrows Capital

TI Research

TokenInsight is a data and research organization for the digital asset market. TI provides comprehensive asset-related data and comprehensive and timely information and research services for digital assets.