Crypto Daily Digest - September 7th

TI Research

On September 7th, Frax Finance launches its own borrowing and lending market Fraxlend. 1inch's $OP airdrop to active 1inch Wallet users on Optimism is available to claim. Coinbase adds $CVX, $OCEAN, $INJ, $PUNDIX, $AUDIO, $XMON to listing roadmap. Nexo launches trading platform Nexo Pro. Paradigm launches token distribution mechanism Gradual Ownership Optimization (GOO). Sorare partners with NBA to launch a NFT-based fantasy basketball game.

Ethereum mainnet Merge countdown: 8 days until the expected date (September 15th).

DeFi

  • Frax Finance launches its own borrowing and lending market Fraxlend. Source 
  • 1inch's $OP airdrop to active 1inch Wallet users on Optimism is available to claim. Source
  • BendDAO will suspend services about 3 hours before the Merge. Source
  • SpaceGodzilla exploiter has transferred 1,075 $BNB to an intermediary address. Source 
  • Project Galaxy rebrands to Galxe. Source
  • Lending protocol Compound reverts to V2. Source

Infrastructure

  • Project registration for zkSync 2.0 mainnet is now open. Source
  • Axelar Network introduces quadratic voting in Maeve mainnet upgrade. Source
  • Polygon integrates with crypto infrastructure provider Wyre. Source

Metaverse & NFTs

  • Paradigm launches token distribution mechanism Gradual Ownership Optimization (GOO). Source
  • Sorare partners with NBA to launch a NFT-based fantasy basketball game. Source
  • Data: Coinbase NFT marketplace surpasses $6.4 million in total trading volume. Source
  • Trust Wallet integrates with Arbitrum NFTs. Source
  • NFT marketplace OnePlanet completes migration to Polygon. Source

CeFi

  • Nexo launches trading platform Nexo Pro. Source
  • Binance.US launches $ETH Staking service. Source
  • KPMG Report: the crypto market is maturing. Source 
  • Ripple advisor teases more CBDC announcements in the next few weeks. Source 
  • Coinbase adds $CVX, $OCEAN, $INJ, $PUNDIX, $AUDIO, $XMON to listing roadmap. Source 
  • Franklin Templeton launches a metaverse ETF in Europe. Source
  • BitMEX adds support for $USDC. Source

Policy & Regulation

  • Thai SEC has charged Zipmex and its CEO to the Technology Crime Investigation Headquarters. Source
  • Russia is working with several friendly countries on the creation of clearing platforms for cross-border settlements in stablecoins. Source

Fundings

  • Metaverse device maker Varjo has closed a $40 million funding round with participation from EQT Ventures and others. Source 
  • Metaverse architecture firm Smobler Studios has closed a $1.2 million seed round with participation from The Sandbox and others. Source
  • Fuel Labs raises $80M in funding with Alameda Research involved. Source
  • Web3 energy company Tesseract raises $78M with Balderton Capital involved. Source
  • Gameplay Galaxy has closed a $12.8 million seed round led by Blockchain Capital. Source

DeFi

Ethereum

NFT

Lending

Exchanges

Binance

Coinbase

Game

Paradigm

Layer 2

Fund Raising

Policy and Regulation

TI Research

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