tl;dr
Data tl;dr: Crypto markets finally recover the 1 trillion market cap level, DeFi TVL is currently just above $100B and ticking upwards, top protocol and blockchain TVLs looking green on the weekly and monthly level. Most Nansen smart money flowed into WETH this week and flowed out of WBTC. Blockchain NFT and NFT Marketplace sales improved this week however still down on the monthly.
Crypto News tl;dr: Three Arrows Capital owes $3.5B to 27 different companies, Tesla’s sold 75% of its BTC holdings, Curve Finance founder implied a stablecoin is on its way, Polygon zkEVM, zkSync 2.0 Mainnet Launch in October and Scroll zkEVM-based zkRollup in race to be the first EVM-compatible ZK rollup to market. Precedent in first ever cryptocurrency insider trading tipping scheme.
NFTS/Metaverse tl;dr: OpenSea’s Solana Launchpad debuted to weak performance. Mojang Studios banned Minecraft NFT integrations, Epic Games will not. Launching NFTs on Uniswap is coming with full Sudoswap support, LinkedIn co-founder launching DALL-E 2 Solana-based NFTs, Usain Bolt helps launch ‘move-to-earn’ NFT fitness platform Step App, Otherside Metaverse positive feedback. Dubai’s metaverse strategy.
New Project Developments tl;dr: Testnets, Mainnets, whitepaper announcements, partnerships, integrations.
Fundraises tl;dr: VC money continues being invested. Betting big on blockchain gaming, infrastructure, DeFi, NFTs and metaverse, ecosystem development, payments, web3
- Time moves differently in crypto. Crypto is an intricate game filled with various players operating across multiple time frames and with varying agendas. Day in, day out, the pieces are moving all across the board. Sometimes for the better and sometimes for the worse. The following is a look at the crypto landscape during the past week covering various sectors. Use these events like clues - let it tell you the larger overarching story of crypto -
Data:
From: TradingView, CoinGecko, DefiLlama, DappRadar, CryptoSlam, TokenTerminal, Nansen
Bitcoin: $20,700 - $24,200 - flirting with flipping some vital EMAs. Looked better earlier in the week but has since retraced slightly. Looks promising still but also at a very specific make it or break it level where it would be very disappointing to see us lose the small progress we’ve made so far. It would be a pity to lose the 200 ema/ma area that we’re setting up base on right on.
Ethereum: $1330 - $1640. Efferium is looking better than bitcoin. Chugging along bullishly with better structure than btc. The stage is set - expect a move soon
Crypto Market Cap:
This week saw the crypto markets finally recover the 1 trillion market cap level after spending the past several weeks ranging in the 800-900 billion region
Highest Volume Coins:
USDT: $532B
BTC: $286B
ETH: $183B
USDC: $63B
BUSD: $41B
XRP: $19B
SOL: $13B
ETC: $13B
ADA: $11B
BNB: $11B
Lowest Volume Coins:
DCR: $7.9M
GT: $11.5M
FEI: $12M
USDN: $25.3M
XDC: $26M
LEO: $26.3M
KCS: $27.4M
AMP: $34.1M
HNT: $47.7M
DefiLlama DeFi TVL:
DeFi TVL is currently just above $100B crabbing sideways but has also seen an uptick compared to the past several weeks. Low was put in on June 19th with $84.4B
Top protocols by TVL are seeing mostly a positive increase on the weekly and monthly levels after weeks of bloody red
The top blockchains by TVL have also seen mostly positive and monthly increases. Particularly interesting is Tron which spent the past month slowly outperforming in regards to TVL
Token Terminal Revenue:
Looking at the projects that generate the most protocol revenue which flows to token holders. In other words, these protocols accrue value to the token:
Ethereum: $19.7M
dYdX: $7.5M,
Synthetic: $3.7M,
Ethereum Name Service: $1.4M,
LooksRare: $1.3M
X2Y2: $855.6k
PancakeSwap: $1.4M
Nansen Smart Money Token Inflow and Outflows:
Largest Smart Money Inflows this week:
WETH: $233M
USDC: $68.5M
DAI: $27.6M
stETH: $12.5M
aWBTC_v2: $7.8M
Largest Smart Money Outflows this week:
WBTC: $68.7M
BUSD: $13.6M
PAX: $9.1M
aWETH_v2: $7.4M
HUSD: $5.8M
CryptoSlam Blockchains by NFT Sales Volume (7D):
In the past week we’ve seen:
Ethereum: up 13.09% with $150M in sales
Solana: up 28.37% with $14.8M in sales
BNB: down 18.00% with $4.5M in sales
CryptoSlam Blockchains by NFT Sales Volume (30D):
However in the past month:
Ethereum: down 35.89% with $539M in sales
Solana: 53.25% with $60.2M in sales
BNB: up 34.64% with $23.3M in sales
DappRadar NFT Marketplaces Volume: (7D) *excludes washtrading*
In the past week we’ve seen:
OpenSea: up 34.21% with $142M in volume
Magic Eden: up 29.28% with $18.61M in volume
X2Y2: up 14.96% with $17.99M in volume
LooksRare: down 16.51% with $6.24M in volume
DappRadar NFT Marketplaces Volume: (30D) *excludes washtrading*
However in the past month:
OpenSea: down 48.23% with $515M in volume
Magic Eden: down 52.92% with $73.68M in volume
X2Y2: down 27.99% with $63.21M in volume
LooksRare: down 50.87% with $28.71M in volume
Nansen Hot NFT Contracts (7D):
Highest Volume NFT collections of the past week:
CryptoPunks: 7649 ETH
Otherdeed: 6642 ETH
The Potatoz: 4349 ETH
BAYC: 3902 ETH
Moonbirds Oddities: 3680 ETH
Nansen DeFi - Highest Volume Liquidity Pools:
Uniswap: ETH-USDC
Uniswap v3 Pool: WBTC-WETH
Uniswap v3 Pool: USDC - WETH
Uniswap: USDC - USDT
Uniswap v3 Pool: WBTC - WETH
Crypto News:
Zhu Su has filed a $5M claim on 3AC's list of creditors. 3AC owes $3.5B to 27 different companies, including Blockchain.com, Voyager Digital, and lender Genesis Global Trading, Kyle Davies' wife and Su Zh. ThreeAC Limited filed a $25M claim, with other largest creditors including DCG, Voyager, Algorand, DeFiance, Celsius, BlockFi and more. The total of the claims is $2.8B. A five-member committee of creditors of bankrupt hedge fund 3AC has been formed: Digital Currency Group, Voyager, CoinList, Blockchain com and Matrixport. Disclosure of more than 1,100 pages of liquidator documents shows who lent money to 3AC - source - source - source - source
Celsius outlines next steps as bankruptcy proceedings begin - will offer customers option of staying "long crypto" or receiving a discounted cash settlement - source
Vauld owes retail investors $363M out of its total liabilities of $402M after halting withdrawals - source
FTX's Bankman-Fried Says It’s Worth Losing Money to Prop Up Crypto Industry - source
According to Tesla’s Q2 earnings report, the automaker has reportedly sold 75% of its BTC holdings for fiat currency, adding $936M of cash to its balance sheet. Current BTC holdings down to $218M. Claims it was concerned with liquidity due to covid shutdowns in China and that the move should not be seen as a "verdict on bitcoin." Has not sold any of its dogecoin - source
Adam Neumann's Flowcarbon, the carbon credit crypto project which raised $70M in May, is delaying its token launch indefinitely due to unfavorable market conditions - source
U.S. Attorney’s Office: Former Coinbase employee allegedly tipped his brother and friend regarding crypto assets that were going to be listed on Coinbase. Three charged in first ever cryptocurrency insider trading tipping scheme - source - 2nd
SEC lists nine crypto tokens as securities following Coinbase insider trading charges. AMP, RLY, DDX, XYO, RGT, LCX, POWR, DFX, KROM - source
Glassnode: Bitcoin is testing the underside of the Realized Price, which has historically been associated with bear market bottoms. With two deep, and historically large capitulation events in May-June, a genuine bottom could be forming - source
European Central Bank raises rates by 0.50% in its first hike in 11 years - source
Issuer Valkyrie announced plans for an upcoming venture capital fund focused on early stage “web 2.5” firms - source
Circle’s CFO Jeremy Fox-Geen expects Circle to go public via a SPAC deal at the end of 2022 - source
USDC issuer Circle lays out its hopes for coming stablecoin policy - source
Voyager Seeks to Honor Customer Withdrawals From Custodian Bank - source
Lender BlockFi, who recently finalized a $400M loan and potential acquisition terms with FTX, is offering employees buyouts as a way to quietly reduce headcount. The move comes one month after cutting 20% of its staff - source
Vauld has filed for protection from its Singaporean creditors just days after suspending withdrawals from its platform. Continues to be in talks with Nexo, which earlier in July inked a term sheet with Vauld for a possible purchase, subject to a 60-day due diligence period - source
Web3 Foundation has announced the 14th round of grants accepted through its Grants Program - source
Russian President Vladimir Putin has signed a bill into law prohibiting digital financial assets as payments - source
A panel of experts expect ethereum to fall to $675 before ending the year at $1,711 and rising to $5,739 by 2025 and $14,412 by 2030 - source
The previous BTC third-richest address (1P5ZEDWTKTFGxQjZphgWPQUpe554WKDfHQ), transferred 132,881.88 BTC to Coinbase - source
Blockdaemon, a web3 infrastructure company, has acquired Danish crypto wallet security firm Sepior in its fourth acquisition in two years - source
The South Korean government has decided to suspend the taxation of virtual assets for two years, which was originally scheduled to be implemented on January 1, 2023, and it will take effect on January 1, 2025 - source
Korean crypto startup Uprise to compensate investors after liquidated LUNC short trade. The investment startup made a short bet on LUNC in May using client funds. The trade blew up and wiped out 99% of its assets - source
a16z is Moving to the Cloud - Specifically, the firm is now virtual, but can materialize physically on command - source
Zipmex reopens withdrawals from trading wallets - source
California repealed a ban that was put in place in 2018 due to concerns that crypto could be used to skirt campaign finance rules - source
Curve Finance founder implies a stablecoin is on its way. Implied that it would be over-collateralized but stopped short of confirming that one is definitely on the way - source
Cumberland Lab, a Web3 and DeFi incubator, spin off from Chicago-based cryptocurrency trading giant Cumberland DRW LLC comes out of stealth mode - source
The home of Shin Hyun-seong, co-founder of Terraform Labs, was seized and searched by South Korean prosecutors - source
Dune announce Spellbook, a new shared foundation for crypto analytics - source
Binance Announces Scholarship Program - source
Since May 10, as much as 236,237 Bitcoin, currently worth $5.452B, has been sold by “large institutions” — mostly as a result of forced selling - stemming back to Terra's collapse - source
Blockfi: as of June 30, 2022, the fair value of outstanding loans to borrowers approximately $1.8B and net exposure was approximately $0.6B - source
Taiwan’s Financial Supervisory Commission (FSC), a chief financial regulator, issued a note to the banking industry, indicating that they should not grant the virtual assets providers the status of merchant in operations with credit card holders. That means a de-facto ban on buying crypto with a credit card on the island - source
DOJ charges virtual asset firm founder with $6M investor fraud. Randall Crater, founder of My Big Coin, used investor funds to buy antiques, artwork and jewelry - source
NFTs/Metaverse:
Announcing OpenSea’s Solana Launchpad - part of OpenSea’s plans for a “multi-chain future” to enable access to NFTs across different blockchains - source
GameStop’s NFT marketplace is proving to be an early hit, doing over 5,000 ETH (around $7.2M) in trading volume its first week, more than doubling competitor Coinbase’s all-time NFT volume. GameStop’s success comes despite its 2.25% marketplace fee, while Coinbase continues to offer zero-fee trading to attract new users. In May, GameStop launched its own crypto and NFT dedicated wallet, which briefly pumped its stock price. The company is also sitting on a $100M gaming fund it announced in partnership with Immutable X - source
Mojang Studios bans Minecraft NFT integrations. "NFTs can create models of scarcity and exclusion that conflict with our Guidelines and the spirit of Minecraft.” Minecraft has 140M users. NFT Worlds $WRLD which is built on Minecraft plummeted - source
Around 4,500 people participated in the “first trip” tech demo of the Otherside Metaverse to positive feedback. Yuga Labs also released the Otherside litepaper - source
Sheikh Hamdan launches Dubai’s metaverse strategy. Dubai’s crown prince laid out the region’s ambitious “Metaverse Strategy,” as it looks to create 40,000 "virtual jobs" and add $4B to its economy over the next five years - source - source
Meta partners with digital fashion startup DressX to launch virtual clothes - source
Lowe’s is granting AR and VR developers and creatives free access to its product library of 3D digital assets - source
Solana NFTs are now on Rarible - source
The Sandbox Brings on Security Firm BrandShield to Prevent Rising NFT Frauds. BrandShield has removed 120 phishing sites and 58 fake social media accounts in two months since its launch - source
Since September, media giant Time has dropped more than 20,000 TIMEPieces NFTs, generating a $10M profit and $600,000 for charities - source
BAYC creator Yuga Labs has warned there may soon be a “coordinated attack” targeting multiple NFT communities, urging followers to be on the lookout - source
Decentraland Grantees, Double Protocol, have launched a new, customized LAND rental system - source
MetaMundo launches marketplace and NFT architecture looks to bring 3D art and assets to some major metaverse environments - source
Chocolatier, Cadbury Gems, has announced the launch of its first NFT collection through the latest Junior NFT campaign. Collaborated with the blockchain platform, GuardianLink to convert artwork made by kids around the country into NFTs - source
Swiss luxury watchmaker Franck Muller is about to release a series of digital wearables and physical watches on the Binance NFT marketplace - source
Binance NFT Launches “Mystery by Franck Muller” Mystery Box Collection - source
The Office of Government Ethics, which oversees the executive branch, released new guidance for public financial disclosure filers who own NFTs. Filers should report NFTs that are worth more than $1,000 or have generated over $200 in investment income. Filers do not need to report assets that are not held for investment or production income, and instead are held for personal, family or household use - source
How China Threatens to Splinter the Metaverse. In the future, the metaverse could be split into two: China and the rest of the world - source
China's largest internet company Tencent's NFT platform, Huan He, has announced its closure. The platform is unprofitable because the Chinese government does not allow transactions in the NFT secondary market - source
With the help of NFT infrastructure firm Enjin, Square Enix plans to launch a collection of Final Fantasy VII 25th Anniversary cards and figures on Enjin's Polkadot-based Efinity blockchain - source - 2nd
Premint to Return $500K in Ethereum to NFT Hack Victims. The NFT platform is also acquiring wallet security firm Vulcan to help prevent hacks from happening again - source
Usain Bolt helps launch ‘move-to-earn’ NFT fitness platform Step App - source
Nickelodeon’s NFT drop - 10,000 NFTs depicting 12 different characters from the Rugrats and Hey Arnold! with randomized and unique traits. The collectibles were sold for $50 - source
Former animator of The Simpsons, Erick Tran has partnered with blockchain-based Film and TV production firm Mogul Productions to launch an NFT-based animated series inspired by the history of Hollywood - source
NFTb and Klaytn to launch a metaverse and GameFi incubation program - source
Outside Magazine Wants the Metaverse to Take a Hike. The fitness lifestyle media company’s “anti-metaverse”platform will give users incentive to ski, run, bike or hike using NFTs and other rewards - source
Bored Ape whale loses $150,000 of ETH in ENS listing fumble/joke gone wrong - source
Cristóbal Balenciaga’s NFT collection through a collaboration between Cointelegraph, Art Consulting, Artvein, Animal Concerts, Defy Trends and Crypto.com NFT - source
Epic Games CEO Tim Sweeney said that the Epic Games Store will not ban NFTs in games, following word that Microsoft will ban NFT use in Minecraft. The Epic Games Store had over 194 million users as of the end of 2021, and multiple NFT-powered games are coming to it later this year - source
OpenSea debuted minting platform to rival Magic Eden, with first launch partner Zoonies NFT project showing weak performance - source
Reid Hoffman, best known for co-founding business networking platform LinkedIn, is releasing a series of Solana-based NFTs based on images he creates using OpenAI's DALL-E 2 artificial intelligence software - source
Web3 platforms launch the Open Metaverse Alliance. OMA3 will focus on proposing standards and facilitating collaboration between various stakeholders of Web3 and other industries. Established by Alien Worlds, Animoca Brands, Dapper Labs, Space, Superworld, The Sandbox (SAND), Upland and Voxels - source
Solana-based gaming metaverse Star Atlas announced the launch of the Star Atlas DAO, as well as DAOs specific to in-game factions and regions - source
Animoca Brands, metaverse platforms launch interoperability DAO - source
Recent Project Developments:
Launch of Polygon zkEVM, which is said to be the "First" Ethereum-compatible scaling solution that uses the cryptographic method called zero-knowledge proofs source
Matter Labs Schedules zkSync 2.0 Mainnet Launch for October in race to be the first EVM-compatible ZK rollup to market. Comes on the heels of two others from Scroll and Polygon – both of which are working to launch their own version of a zkEVM - source
Introducing Scroll - zkEVM-based zkRollup - Technical principles - source
SushiXSwap - A Crosschain DEX to rule All the Pools. The first ever Crosschain AMM, built on Stargate - source
Ethereum Goerli merging tentatively scheduled Aug 10 - source
Gamestar+ To Launch Web3 Reboots of Game Night Classics on Avalanche. The integration will bring interactive versions of TV game shows and Marvel, Lucasfilm, Disney Pixar games to Avalanche’s ecosystem - source
Synthetix's SNX Liquidity Deal Renewal With Jump Crypto - source
HUMAN Protocol has launched its blockchain coordination layer called Routing Protocol. Routing Protocol will now handle several key network components.The HMT token is at the center of HUMAN Protocol and facilitates network activities - source
Polygon launches Nightfall to provide enterprise solutions via ZKP tech - source
Blockchain infrastructure company Chain completes $100M acquisition of MDT token ecosystem - source
Abacus live on main net. Abacus White Paper V1 - an intermediary between appraisers and NFT holders which rewards appraisers for properly speculating on the value of an NFT and provides owners with a liquid backing that can be leveraged to use their NFT in the growing world of NFT finance - source - source
Launching NFTs on Uniswap with full Sudoswap support - source
Hacker steals $1.1M from music streaming protocol Audius - source
Crypto staking service provider Lido Finance has announced plans to expand staked Ether (stETH) support across the ecosystem of Ethereum Layer two networks - source
Aave is teaming up with decentralized Web3 infrastructure provider Pocket Network to offer developers increased scalability and ease of use when building dApps on Aave - source
THORChain has activated a “killswitch” that will eventually phase out RUNE based on Ethereum and BNB Chain in favor of rune issued on its native blockchain - source
ConsenSys is set to tokenize smart contract and security auditing services through the upcoming auction of eight “timeboxed” TURN tokens - source
Xana partners with Avalanche to become a subnet - source
Kusama-native USDT is now available on Karura - source
NEAR partners with BitGo for qualified asset custody services as it enters world of institutional investments - source
Active wallets on the Solana network grew 58% this year, outpacing some other blockchains despite a market-wide price decline. TVL on DeF apps running on Solana dropped to $2.9B from May’s $6B. Solana TVL peaked at $14B in December 2021 - source
Greenhouse Hackathon begins: create a space that nurtures the skillset of creators and developers with $200K ALGO in prizes - source
Arbitrum data is live on Dune - source
Ethereum Name Service collector buys sony.eth ENS for $72,000 - source
World’s first on-chain atomic matching engine. Econia’s v1 CLOB prototype is now live on the Aptos devnet - source
Hackers infiltrated popular NFT registration platform Premint and made away with 320 stolen NFTs and more than $400,000 - source
Synthetix: sUSD bridge is now live. Users can now move sUSD to/from Optimism to Ethereum Mainnet - source
Pyth Network, a next generation oracle solution, announced a new data-sharing partnership with Huobi Global - source
Ethereum’s Kaleido Collaborates With Polygon for Web3 Adoption. Polygon Edge, a gas-free and easy to access scaling service targeting business users - source
The Aave DAO swapped 16,907 AAVE tokens for 200,000 BAL tokens at a benchmark rate of 1 AAVE for 11.892 BAL. The treasury swap will see both protocols become major holders of each other’s tokens - source
5 gaming companies coming over to Avalanche: 1. Shrapnel, 2. Castle Crush, 3. Pocket Worlds’ HighRise Metaverse, 4. Ascenders, 5. Domi Online - source
On-chain investment protocol Sommelier, a Cosmos-based investment protocol, debuts Cellar on Aave. Cellar is a smart contract representing a community-governed investment strategy - source
Avalanche data live on Dune Engine V2 - source
Crypto startup Zapper is growing its on-chain analytics platform with the addition of NFT and DAO dashboards - source
Impermax Finance: IMX incident: post mortem and recovery plan - a hacker was able to steal around 9M IMX from a few wallets controlled by the team - source
Tonic Swap is live on near mainnet - source
Convergence Finance will conduct the private sale of Moonbeam $GLMR tokens on the Convergence Offering platform. The sale will occur on August 3rd - source
Saber Labs - Building on Aptos focused on Saber's StableSwap AMM - source
Early projects who have joined Aptos: EconiaLabs, Hive, Martian wallet, Njord Finance, Hippo Labs, Nutrios Project, Pontem Network - source
Introducing AmpliFiDAO. An Affiliate Marketing Platform designed for Web3 & incubated by CRE8R DAO. AmpliFi DAO will be majority owned by it's network of newsletter writers, YTers, Threadoors etc - source
MetisDAO - CEG Spotlight #1: Hera Finance - source
Bond Protocol on fundamental issues in Defi: Concentration of Treasury Assets, Liquidity Mining Incentives - source
Starknet Paris hackathon winners: Burner Wallet, scaffold-stark, D/CM - source
Enter http://grantr.app - connecting builders to funding - source
Gaming hardware firm Razer are set to plug into the world of DeFi through a new rewards swap program in partnership with Cake DeFi - source
Optimism Ecosystem Airdrops - source
Oasis Network Introduces Sapphire, the first confidential EVM-compatible ParaTime, now live on Testnet - source
Introducing Native Staking Phase 1 on the Hedera Network - source
Brave expands its Wallet Partner program with six additional leading DApps: ApeSwap, Arken, Bogged, DODO, Open Ocean, and Skiff - source
Zapper V2 Adds NFT and DAO Dashboards - source
Aave V3 has been deployed on the Goerli testnet & the new Optimism Goerli testnet for developers to continue testing - source
Stader’s flagship product Stake Pools live on Terra 2.0 - APRs 700%+ - source
Web3 research program for college students, Chapter One Researchers - source
Fundraises:
Christie’s announces the launch of Christie’s Ventures, a new investment fund that will provide financial resources and expert support to Emerging Technology and FinTech companies creating solutions with art market relevancy. Invests in LayerZero Labs - source
Issuer Valkyrie announced plans for an upcoming venture capital fund focused on early stage “web 2.5” firms - source
Dragonfly Capital, a global crypto-focused investment firm, announced the addition of a liquid platform. Raised more than $450M including internal capital and SPVs - source
Blockchain security firm Halborn has raised $90M - source
Travel Coin Secures $35M Commitment from GEM Digital Limited - source
Zebedee has raised another $35M to power in-game payments via the Lightning Network. Final Fantasy publisher Square Enix is one of the startup’s new backers - source
Crypto asset manager Valkyrie looks to raise $30M for its new VC arm - source
Zamp, Ex-Uber exec Amit Jain’s new Web3 venture raises $25M led by Sequoia - source
Decentralized Crypto Exchange Hashflow Raises $25M at $400M Valuation. Electric Capital, Dragonfly Capital Partners, LedgerPrime, Jump Crypto, Wintermute Trading, GSR, Kronos Research, Altonomy, Coinbase Ventures, Kraken Ventures, Fabric Ventures are among investors - source
Tribe Capital Raises $25M to launch crypto incubator program - source
Meow Raises $22M to build the corporate finance stack of the future - source
Modular cap raised $20M Multicoin Capital, ParaFi Capital to support the crypto’s growing use cases - source
DeFi services firm XLD Finance has raised $13M during a pre-Series A funding round led by Dragonfly Capital and Infinity Ventures Crypto - source
NFT authentication company Optic has completed an $11M seed funding round led by early-stage VC fund Kleiner Perkins and Pantera Capital - source
KuCoin secured a $10M strategic investment from Susquehanna International Group (SIG) to collaborate in blockchain startup incubation and KCS & KCC ecosystem building - source
REALM Raises $10M to accelerate sustainable metaverse - source
Arkive Raises $9.7M - museums - source
Veremark Raises $8.5M. Veremark’s software lets companies run background research on potential hires. It then creates a “career passport” that stores job credentials on the blockchain - source
South Korean metaverse platform Anipen Raises $8.3M - source
Decentralized blockchain oracle on StarkNet Empiric Network raised $7M in funding round led by Variant Fund - source
Web3 security auditing ecosystem Secure3 raised $5M in a seed round led by Mirana Ventures - source
Sunscreen Raises $4.65M towards privacy in web3 - source
Tribute Brand Raises $4.5M towards expanding digital fashion - source
Solana NFT utility protocol Cardinal raises $4.4M in seed funding - source
Zharta Raises $4.3M to Speed Growth in Instant NFT Lending - source
Fedi Inc. has closed a $4.2M seed round to fund development of the Fedi mobile app built on the Bitcoin custody protocol Fedimint - source
Lines web3 messaging platform raises $4M seed round - source
Fitchin, a provider of a digital gaming ecosystem Raises $3.5M - source
F2P and P2E soccer game CLUB raised $3.1M in seed round led by Zee Prime Capital - source
Derivatives for earning Polysynth raised $3M in strategic round from LedgerPrime, QCP Capital and LUX Capital - source
Jakaverse Metaverse Platform Raises $3M - source
Bluejay Finance Raises $2.9M to bring stablecoins to Southeast Asia - source
Covey Raises $2.5M - first analyst-owned community created to find and reward the world's next top money managers - source
Metabit, industrial public blockchain, raises $2M - source
Umami, a privacy-focused, open-source, lightweight Google Analytics alternative, Raises $1.5M - source
Web3 Digital Fashion platform DRAUP raised $1.5M in seed round led by Variant Fund - source
Gasless bitcoin bridge zeroDAO raised $1.3M in funding round with participation by Magnus Capital, Ledger Prime, Arthur Hayes and Loong - source
HeartRate Raises $1M towards Web3 Health - source
Brixie Group Raises $500K. Brixie’s easy-to-use and highly secure platform allows its users to tokenize real estate assets from countries worldwide with its first assets under management to be located in Cambodia, Africa, Malaysia, Indonesia, UK, Czech Republic, Colombia, Brazil, Australia and Spain. - source
veToken Finance completes seed funding to build infrastructure layer for veModel projects - source
P2E AI fitness platform FitR has closed a seed fundraising round. Amount raised is not disclosed. Avatar Ventures, KuCoin Ventures and HashKey Capital are among investors - source
Hulk Labs has completed a strategic financing round. Hulk Labs is a Tokens.com subsidiary focused on developing the emerging play-to earn Web3 gaming sector - source
Telefónica’s Wayra announced its investment in Gamium - source
Exchange News:
FTX and FTX US are both fundraising and FTX is targeting at $32B valuation - source
Binance has significantly reduced the size of its investment in Axie Infinity developer Sky Mavis, claiming that Sky Mavis is now in a position to reimburse Ronin Bridge victims - source
Coinbase said it does not have any lending exposure to Three Arrows Capital, Celsius Network, or Voyager Digital, all companies that have collapsed and filed for bankruptcy - source
Coinbase Is 'Temporarily Shutting Down' Its US Affiliate-Marketing Program and plans to relaunch the program in 2023 - source
Binance.US Starts Affiliate Marketing Program as rival exchange Coinbase is suspending its affiliate program - source
Exchange platform Crypto.com added Google Pay as a payment option for Android users to buy crypto. Google Pay is estimated to have over 100M users - source
Binance fined $3M over illegal operations in the Netherlands - source
Coinbase adds ENS Support - source
Coinbase sees surging volumes for its 'nano' bitcoin futures product, fueled by retail traders - source
Coinbase has secured approval from financial regulators in Italy, allowing it to continue serving Italian customers - source
Binance flips Coinbase to become the exchange with the most BTC held globally - source
Gemini cut approximately 10% of its workforce due to “turbulent market conditions,” - second round of layoffs in 7 weeks - source
Exchange Blockchain.com Cuts 25% Workforce and will be closing down its Argentina-based offices and halting team expansion plans in several countries - source
Cryptocurrency Exchange Crypto.com Expands to Italy - source
Crypto trading platform Gemini claims to be the first one to get registered as a virtual asset service provider by the Central Bank of Ireland - source
Crypto exchange Gemini cut approximately 10% of its workforce due to “turbulent market conditions,” - second round of layoffs in 7 weeks - source
Southeast Asian crypto exchange Zipmex announced its halting withdrawals until further notice. Exchange Zipmex said it's exploring all available options and resumes withdrawals from some wallets, a day after freezing client funds. Discloses $53M Exposure to Babel and Celsius - source - source - 2nd - 4th
Argentinian Exchange Buenbit Launches Crypto Loans, Plans New Funding After Layoffs - source
South Korean prosecutors’ raids on exchanges Upbit, Bithumb, Coinone, Korbit and Gopax, and two others were part of an ongoing investigation into Terraform Labs’ activities - source
Spanish Bit2Me Buys Peruvian Crypto Exchange, Eyes Targets in Latin America - source
Crypto.com scores regulatory approval from Cyprus SEC - source
Brazilian crypto exchange Mercado Bitcoin could begin operating in Mexico sometime in 2022, pending regulatory approval - source
New Listings:
XETA is now listed on Huobi, OKX, Gate and ByBit - source
beFitter listing on Huobi, Bybit and Gate - source
Newly listed LDO-PERP on FTX - source
Arcblock (ABT), Gnosis (GNO), Metal (MTL), SwftCoin (SWFTC) and Sylo (SYLO) listed on Coinbase & Coinbase Pro on July 21st - source
Bonfida (FIDA) Gets Listed on KuCoin - source
Research:
Solana's Mobile "Saga" phone - source
Latest updates from Animoca Brands' Metaverse - source
What is Synthetix V3, and why is it important? - source
Uniswap Fee Switch - source
Solving NFT access list, minting, and holiday problems with ENS - source
Polygon shill thread - source
Venture Capital Report - Q2 2022 Report - source
Symbiosis Finance, a liquidity protocol, has come up with its own stablecoin-based cross-chain liquidity solution. Symbiosis Finance secured strategic investment from Binance Labs in February - source
Grayscale Insights: Bear Markets in Perspective - source
What is Synthetix V3, and why is it important? - source
Bankless - Celsius and 3AC paid back their DeFi loans before any CeFi loans - source
Coinbase is NGMI - Sober evaluation of Coinbase's medium- to long-term prospects - source
Binance Research Half-Year Report 2022 - source
$NOTE is a Key Component of Canto's Free Public Infrastructure - source
5 no-token protocols that could potentially make an airdrop - source
Ethereum, BNB Chain, Solana: How each L1 Handling the Bear Market - source
Introducing Empiric Network, the zk-native oracle for the zk-future of blockchain - source
Avalanche Subnets and Polygon Supernets - source
Messari: Avalanche Ecosystem Overview - source
Huobi Research: Big Moves in the NFT Sector — What Lies Ahead for NFTs? - source
Understanding and Profiting from Crypto Hype Cycles - source
Cryptocurrency price prediction: A narrative-based approach to sentiment analysis - source
Deep dive to Polygon Hermez 2.0 - source
Cosmos MEV - source
zkSync vs StarkWare - What's the difference between the top two ZK Rollups? - source
2Q22 Crypto VC Capital Flow Review - source
DAOs and Governance - source
The Bridges Are Dead, Long Live The Bridges - source
Vietnam GameFi market report H1.2022 - source
The Current Landscape of Soulbound Tokens - source
Introducing Bond Protocol - the next evolution of bonds-as-a-service from OlympusDAO - source
Across’ Referral Program Is Now Live & Farm $ACX Tokens - source
dYdX, GMX, GainsNetwork compared - source
120 investment announcements and $28.8B value raised in the first half of 2022 - source
Fantom Foundation Research on Client Performance - source
How LayerZero enables cross-chain communication - source
Modular blockchains in layman’s terms - source
Y2K Finance: flagship product, Earthquake - source
Y2K Finance thread. Y2K Token Its main use cases will be:- Fee Revenue - veY2K: Emissions allocating + Revenue Boosting - Governance and Bribery - source
“Stablecoin trilemma” : 1. Decentralization, 2. Capital efficiency, 3. Price stability - source
Deconstructing DeFi Returns: Harvesting Risk Premia - source
Rage Trade omnichain perps protocol aims to solve deep liquidity problems via its novel "recycled liquidity" mechanism - source
Coinbase Institutional Insights: Our Approach to Crypto Financing - source
The state of Arbitrum - source
Delphi Digital - The Future of (Crypto) Gaming - source
Messari - State of dYdX's Q2 2022 - source
How Shell V2 harnesses MEV - new approach turns MEV bandits into bodyguards - source
2022 Game Developer Report - source
Solana is dead, long live Solana: MEV, Fee Markets, QUIC, QoS… - source
$5.6B have flown through DeFi Saver's product in the last 3 years - with no token and a small team of ~15 people - Automating DeFi, One Contract at a time - source
Ethereum Proof-of-Stake. Explaining Ethereum's consensus mechanism after The Merge - source
Coinbase Ventures Q2 recap and market outlook - source
Bankless: Under The Radar Layer 2s: A closer look at Scroll, Aztec, Immutable X, Polygon zkEVM - source
State of Tezos Q2 2022 - source
State of 1inch Q2 2022 - source
Finding Power: How To Do Market Analysis: A step-by-step process for uncovering the power dynamics that govern any industry - source
1k+ page liquidation documents for 3AC recap - source
Crypto Has A Use Case: How Braintrust Used Tokens to Kickstart a Market - source
Polyna: Why Ethereum should cancel danksharding - source
Merge Misconceptions - source
Case for SNX to go back to ATHs - source
Crypto Lending: Everything You Need To Know - source
Twitter:
Interesting points 3AC liquidation document - source
3AC 1000-page legal document summarized - source
61 page CelsiusNetwork Chapter 11 bankruptcy filing overview - source
Master thread: everything you need to know to avoid getting scammed - source
17 things that every community manager needs to know - source
250+ projects across different NFT verticals - source
Intern notes from on the Ethereum Merge as the next major crypto narrative - source
Untold secrets of building products in web3 - source
5 no-token protocols that could potentially make an airdrop - source
Avalanche Subnets and Polygon Supernets - source
3 best heuristics seen in over 60 companies - source
14 mental models that will help you become a better Crypto Investor - source
Deep dive to Polygon Hermez 2.0 - source
Cosmos MEV - source
zkSync vs StarkWare - What's the difference between the top two ZK Rollups? - source
Some potential use-cases for crypto - source
DAOs and Governance - source
Money management in crypto - source
10 Interesting Things About Crypto - source
TA is like picking a watermelon - source
Ways to farm engagement in a bear market - source
Top 6 tokenomics mistakes to avoid as an investor or founder - source
Why the bottom isn’t in (using on-chain data + macro trends) - source
Gains Network shill threads - source
Explaining the zkEVM - what it is, - how zk-rollups compare with other rollup types,- the competitive landscape for zk-rollup creators - source
Polygon programs over time - source
Technical walkthrough on liquid staked AVAX: sAVAX - source
7.5 bridges which may provide governance responsibility to bridgooors - source
Cumberland: Broader recent up-trend is intact and it’s worth understanding why - source
Trad-Fi University: Vocab Refresher - cheat sheet - source
10 resources/tools for crypto/nfts - source
Co-founder of Spartan Capital has stopped investing in DAOs - source
The Merge, The Surge, The Verge, The Purge, The Splurge - breakdown of what each - source
ZK landscape (Part2) + Diff flavors of Rollups, (ELI5 summary of Rollups) - source
NFTs & DeFi: Fractionalization - source
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