Crypto Daily Digest - September 2nd

TI Research

On September 2nd, sudoswap announces its governance token $SUDO distribution plan. Ankr is discontinuing hosted ETH2 node providers. Immutable X launches Staking Rewards, providing 20% of the protocol fee to $IMX stakers. Social media Snap will sunset their Web3 team, and reduce the team size by approximately 20%. Huobi Global will cease credit service of Mainland China user deposits.

Ethereum mainnet Merge countdown: 13 days until the expected date (September 15th).

Infrastructure

  • Ankr is discontinuing hosted ETH2 node providers. Source
  • Coinbase Cloud launched the Solana Archival Nodes. Source
  • Infura added support for Arbitrum Nova nodes. Source
  • KuCoin Wallet launches native Swap function powered by 1inch. Source
  • Safe will only support Ethereum PoS chain after Merge. Source

DeFi

  • sudoswap announced its governance token $SUDO distribution plan. Source
  • Immutable X launches Staking Rewards, providing 20% of the protocol fee to $IMX stakers. Source
  • Multichain integrates with rollup solution Godwoken. Source
  • Data: Ethereum number of addresses holding 0.01+ coins just reached a 4-month low of 22,280,647. Source
  • dYdX ends contentious $25 first deposit bonus promo. Source
  • Solana ecosystem cash flow protocol Zebec announced the launch of Zebec V2 Beta. Source
  • PeckShieldAlert: privacy project ShadowFi has suffered an exploit and $SDF has dropped 98.5%. Source
  • KyberSwap frontend was attacked with total loss of $265,000. Source
  • Synthetix will suspend majority features of protocol about 3 hours before the Merge. Source
  • BitDAO's new proposal aims to reduce the total supply of $BIT. Source
  • Injective-based DEX Helix goes live. Source
  • Yield protocol Timeless Finance goes live on Arbitrum. Source

Metaverse & NFTs

  • YGG acquired 22 DigiDaigaku NFTs worth $51,303 at the time of purchase in the open market. Source
  • Data: DigiDaigaku 24 hours trading volume is up 163.65%. Source
  • NFT sci-fi card game Parallel announced that PDV will occur on September 10th, 2022 at 5pm EST. Source
  • Solana-based multisig protocol Squads integrates with Magic Eden. Source

CeFi

  • Huobi Global will cease credit service of Mainland China user deposits. Source
  • Binance will suspend deposits and withdrawals of $USTC and $LUNC on multiple networks indefinitely on September 7th. Source
  • Coinbase adds malicious DApps warning feature. Source
  • Naver Z signed a memorandum of understanding with Thai digital services provider True Corporation. Source
  • Social media Snap will sunset their Web3 team, and reduce the team size by approximately 20%. Source

Policy & Regulation

  • Lead lawmaker: EU's MiCA crypto law text could be ready within 6 weeks. Source

Fundings

  • Binance Labs leads the seed round of naming service network SPACE ID. Source

AMM

DeFi

Airdrop

Infrastructure

Ethereum

PoS

Immutable X

Staking

Social

Web3

Huobi

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.

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