Crypto Daily Digest - September 9th

Ethereum mainnet Merge countdown: 6 days until the expected date (September 15th).

DeFi

• 14 projects across BNB ecosystem have already pledged to offer users exclusive use cases that are tied to the $BAB. Source
• Moonbeam announced an integration with Astar Network. Source
• SushiSwap partners with Kava Network. Source
• Aave community's proposal suggesting Aave DAO retribute a total of $16.28 million in retroactive funding to Aave companies got passed. Source
• PeckShieldAlert: DAO Maker exploiter transferred 500k $DAI to Tornado Cash. Source
• NFT lending protocol JPEG'd launches token swap feature. Source

Infrastructure

• Delphi Labs will focus on researching and developing the Cosmos ecosystem. Source
• Ethereum merge testnet Kiln will shut down next week. Source
• Fuel Labs launches modular execution layer Fuel Beta-1 testnet. Source
• StarkNet will only support Ethereum PoS chain after the Merge. Source
• Google Cloud has agreed to run a validator node on Ronin Network. Source
• US government recovers $30M from Ronin Network hack. Source

CeFi

• Wallet addresses on BNB Chain with a balance of 0.1 $ETH or larger will be eligible for forked $ETHW airdrop. Source
• Binance will launch the new options trading platform on September 13th. Source
• Nexo needs 30 more days to decide on the potential acquisition of Vauld. Source
• Huobi granted an investment business license from FSC of British Virgin Islands. Source
• Former Revolut Exec: Web3 Can Solve the Energy Crisis. Source
• Binance Labs plans to build a Web3 developer community. Source

Metaverse & NFTs

• Singapore Commercial Bank DBS Bank has partnered with The Sandbox. Source
• Chicago Bulls will unleash NFT collections depicting its iconic logo. Source
• Sky Mavis launches new features and products for Axie Infinity fans. Source
• Gaming entertainment company Enthusiast Gaming announced a strategic collaboration with Coinbase. Source
• SPACE ID .bnb Domain NFT is available on Binance NFT Marketplace. Source

Policy & Regulation

• Coinbase funds the lawsuit against US Treasury Department's Tornado Cash sanction. Source
• UK Treasury Economic Secretary: UK wants to be country of choice for creators in crypto. Source
• Head of the Financial Market Committee at the Russian State Duma Anatoly Aksakov believes that it is necessary to provide cross-border settlements in cryptocurrency with a regulatory framework. Source
• SEC will form a new office for crypto disclosures. Source

Fundings

• Web3 social network Hooked Protocol closes a seed round co-led by Binance Labs and Sequoia Seed Fund. Source
• FTX Ventures will take a 30% stake in SkyBridge Capital. Source
• Venture capital firm MetaWeb raises $30m for its first fund. Source
• Dropp Group has acquired metaverse platform Phly, Inc. (Flyy). Source
• Revolving Games closes $13.2 million seed funding round led by Pantera Capital. Source