Crypto Daily Digest - September 19th

DeFi

• Coin98 Labs will launch stablecoin $CUSD. Source
• Aave V3 adds $stMATIC as collateral. Source
• GMX Monitors Price Manipulation of AVAX/USD. Source
• Cross-chain DEX ChainHop integrates with SushiSwap. Source
• PeckShieldAlert: a MakerDAO vault faces liquidation at $1,284.684/$ETH, about 3.3m $DAI debt. Source
• PeckShield launched KillSwitch, a SaaS platform designed to protect against attacks on the DeFi protocol. Source
• $BNQ on PancakeSwap is down about 99.46%. Source
• $SAFUU on PancakeSwap is down about 45%. Source

CeFi

• WazirX will delist $USDC, $USDP and $TUSD on September 26th, with balances automatically converted to $BUSD. Source
• Binance resumes deposits and withdrawals for $ETH on Optimism and Arbitrum. Source
• Binance completes integration of $BUSD on Avalanche and Polygon networks, opens deposits and withdrawals. Source
• Binance completes ERC-20 integration of WAX, opens deposits and withdrawals. Source
• Trust Wallet CEO Eowyn Chen says the Web3 industry needs to address security, ease of use, and privacy. Source

Metaverse & NFTs

• Solana-based NFT minting platform Metaplex will launch $MPLX on September 20th. Source
• Automated Metadata Refresh is live on Immutable X. Source

Policy & Regulation

• South Korean prosecutors ask Interpol to issue red notice for Do Kwon. Source
• The UK’s Financial Conduct Authority published a warning to consumers about FTX. Source
• South Korean prosecutors said that Do Kwon was 'obviously on the run'. Source
• Ripple and the SEC have each asked for a swift judgment in the regulator’s case against the crypto firm. Source

Fundings

• Bixin Ventures announced a strategic investment into Aptos Labs. Source
• Open Web Collective launches venture arm OWC Ventures. Source
• Binance Labs leads the seed round for blockchain security company Salus Security. Source
• Web3 funding management platform Presail has closed a €3.8 million seed round led by SNÖ Ventures. Source
• Yellow Card Financial, a pan-African crypto exchange, has closed a $40 million Series B round led by Polychain Capital. Source