Crypto Daily Digest - October 14th

DeFi

• SushiSwap's stable pool is now live on Polygon, Optimism, Metis, Kava. Source
• The Uniswap community proposal to deploy Uniswap V3 on zkSync got passed. Source
• DeFi lending protocol Alchemix v2 migration completed. Source
• Cosmos ecosystem asset management platform Pulsar Finance launched on Cosmos. Source
• Frax will launch its $ETH liquid staking solution soon. Source
• XEN Crypto is live on Avalanche and ETHPoW. Source
• Increment Liquid Staking Protocol is live on Flow mainnet. Source
• QuickSwap is live on Polygon zkEVM testnet. Source
• Arbitrum-based margin trading protocol Dolomite announces its launch.

CeFi

• Tether completely eliminates commercial paper from its reserves. Source
• Binance Pool launches a $500M Bitcoin miner lending project. Source
• Kraken hired Gemini’s former head of UK Blair Halliday to run its UK operations. Source
• Crypto trading firm NYDIG lays off about 33% of staff. Source

Policy & Regulation

• Law firm Roche Freedman is removed from a class action against Tether and Bitfinex. Source
• CFTC chair Rostin Behnam said crypto spot market regulation a "big step for us". Source
• Voyager creditors take issue with immunity plans for execs in bankruptcy. Source

Metaverse & NFTs

• Ukrainian Art Museum to preserve art and cultural heritage through NFT auction. Source
• DappRadar report that blockchain games and metaverse projects raise $1.3 billion in Q3. Source

Fundings

• BlockTower launches a $150 million fund backed by BPI France and Mass Mutual. Source
• Crypto wallet company Pine Street Labs closes $6 million seed round led by Polychain Capital. Source
• MetaStreet raises $10M with participation from Dragonfly Capital and others. Source
• Metaverse company MetaJuice raises funds through token sales with Animoca Brands involved. Source