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Crypto Daily Digest - September 5th

TI Research
Crypto Daily Digest - September 5th blog.ethereum.org

On September 5th, Stableswap Wombat Exchange launches the full version. Decentralized derivatives exchange Mycelium launches $MYC Lending. FraxSwap goes live on Dogechain. Perpetual swap exchange Pika Protocol launches liquidity incentive program. EOS Leap 3.1.0 consensus upgrade will happen on September 21st. Copper rebrands to Fjord Foundry and launches NFT LBP product Fjord Drops. Binance will suspend deposits and withdrawals for $ETH and $WETH on multiple networks on September 6th.

Ethereum mainnet Merge countdown: 10 days until the expected date (September 15th).

DeFi

  • FraxSwap goes live on Dogechain. Source
  • Acala releases the full trace report of $aUSD error mints incident. Source
  • Stableswap Wombat Exchange launches the full version. Source
  • Decentralized derivatives exchange Mycelium launches $MYC Lending. Source
  • Optimism ecosystem perpetual swap exchange Pika Protocol launches liquidity incentive program. Source
  • Alchemix will retire v1 and automatically migrate positions to v2 starting from October 1st. Source
  • Kyber Network: The Attacker who returns funds via centralized exchanges by 10:00 UTC on September 6th will receive a 15% bug bounty. Source
  • PeckShieldAlert: KyberSwap frontend exploiter already swapped 260,000 $USDC to 13 $WBTC. Source
  • CertiK Alert: guardentoken[.] com is a phishing site. Source

Infrastructure

  • EOS Leap 3.1.0 consensus upgrade will happen on September 21st. Source

Metaverse & NFTs

  • Renault Korea and The Sandbox enter into partnership. Source
  • NFT watchdog Rug Pull Finder has been exploited by a smart contract vulnerability. Source
  • Korea's LG Group will launch NFT marketplace LG Art Lab. Source
  • Copper rebrands to Fjord Foundry and launches NFT LBP product Fjord Drops. Source
  • SPACE ID will launch .bnb domain public registration on September 13th. Source

CeFi

  • Binance will suspend deposits and withdrawals for $ETH and $WETH on multiple networks on September 6th. Source
  • Nigeria plans to create a virtual free zone with Binance. Source
  • Binance Convert adds $SNM and $BETH. Source

Policy & Regulation

  • Deputy Finance Minister: Bank of Russia and Finance Ministry expect to legalize crypto cross-border payments soon. Source
  • Iran has started licensing crypto miners under a new regulatory framework. Source

Fundings

  • African crypto gaming DAO Metaverse Magna (MVM) has closed a $3.2 million seed round with participation from HashKey Capital and others. Source
  • Web3 startup Reveel closed a $1.3 million pre-seed round with participation from Binance Labs and others. Source
DeFiEthereumNFTDEXLendingBNB ChainFund RaisingPolicy and RegulationBinance
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