Crypto Daily Digest - September 20th

TI Research

On September 20th, crypto market maker Wintermute is hacked for about $160M. ETHW launches a cross-chain bridge between itself and Ethereum. Robinhood has listed $USDC. OpenSea launches new Drop features, allowing minting NFTs directly from OpenSea pages. Metaplex airdrops $MPLX to Solana NFT creators. BendDAO proposes an $80 million treasury investment fund.

DeFi

  • Crypto market maker Wintermute has been hacked for about $160M. Source
  • Maple Finance: Wintermute states the ability to cover hack. Source
  • Bebop, the DEX aggregator launched by Wintermute, announced that it temporarily pauses trading on Bebop. Source
  • Ren's community starts to vote on the proposal which regards developing the decentralized liquidity staking Protocol Renbase. Source
  • ApolloX DEX adds support for Arbitrum. Source
  • Australian-based crypto platform Marhaba DeFi to release a suite of new products which align with Islamic law by the end of 2022. Source

CeFi

  • BNB Chain has joined hands with many blockchain security audit firms to start security infrastructure project AvengerDAO. Source
  • Nasdaq EVP: no immediate plans to launch a crypto exchange, but will evaluate the opportunity. Source
  • Robinhood has listed $USDC. Source
  • ApolloX completes the distribution of $ETHW, and enables withdrawals. Source
  • FTX will list Euler Finance ($EUL) spot market. Source
  • Binance completes the distribution of $ETHW, and enables deposits and withdrawals. Source
  • Alameda Research will repay around $200M in outstanding loans from Voyager Digital. Source
  • Coinbase will list $INJ, $PUNDIX and $XMON. Source
  • PeckShieldAlert: Indian crypto exchange CoinDCX's Twitter account was compromised. Source
  • Harris Poll report: 71% of crypto investors are confident they will become billionaires. Source
  • Coinbase will implement a new fee structure. Source

Infrastructure

  • ETHW launches a cross-chain bridge between itself and Ethereum. Source

Metaverse & NFTs

  • OpenSea launches new Drop features, allowing minting NFTs directly from OpenSea pages. Source
  • Metaplex airdrops $MPLX to Solana NFT creators. Source
  • PGA Tour and sports memorabilia firm Autograph to launch a golf-focused NFT platform. Source

Policy & Regulation

  • Binance receives MVP license from Dubai's Virtual Assets Regulatory Authority. Source
  • SEC orders Sparkster and its CEO to pay more than $35 million settlement to harmed investors. Source
  • SEC claims all of Ethereum falls under US jurisdiction. Source

Fundings

  • Digital fraud prevention solution Sardine has closed a $51.5 million Series B round led by a16z Growth Fund. Source
  • Israeli Web3 company Antic closes a $7 million seed round with participation from Pantera Capital and others. Source
  • DTCP set to invest in Web3 with a $300 million fund backed by SoftBank. Source
  • BendDAO proposes an $80 million treasury investment fund. Source
  • Layer1 blockchain GRNGrid raises $50M from GEM Digital. Source

DeFi

Ethereum

NFT

Exchanges

DEX

Binance

Solana

Coinbase

Fund Raising

OpenSea

Security Incidents

Policy and Regulation

Airdrop

FTX

Alameda Research

SEC

a16z

Pantera 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.