10 Jul 202313:07
Project update
Crypto Events Recap, July 8-10

Crypto Events Recap, July 8-10

The Itheum Trailblazer Airdrop is officially live, marking the launch of the First Data NFTs on MultiversX blockchain. As part of the campaign, Itheum community has the opportunity to win a share of the 150,000 ITHEUM prize pool.

Initiated a proposal to launch a $200M for Ethereum Layer 2 Mantle Network Ecosystem Fund in partnership with Mirana Ventures. $100M will be provided by Mantle from its treasury, and $100M will be comprised of the external matching capital from strategic venture partners

Announced the launch of the Public Goods Network, the Layer 2 blockchain built on the OP stack.

Implemented Google Cloud to maintain platform availability at all times so that users can trade seamlessly around the clock..

Circle and Tether have frozen over $65 million ($63.2M USDC and $2.5M USDT) in assets tied to the suspected exploit of Multichain

Digital asset manager Grayscale added the Lido protocol's LDO token to its DeFi Fund, making it the second-heaviest component.

The Seoul Southern District Court held the first preliminary hearing for Terraform Labs co-founder Daniel Shin and seven other former employees.

The largest creditor of bankrupt crypto lending firm Genesis, sued parent company Digital Currency Group and its CEO Barry Silbert

Three Arrows Capital
Teneo, the liquidator of Three Arrows Capital, may try to reclaim about $1.2 billion from Digital Currency Group and BlockFi

Arcadia Finance
A loophole in the code allowed the hacker to drain funds worth roughly $455,000 from Arcadia’s Ethereum and Optimism vaults.