21 Jun 202315:05
Project update
Crypto Events Recap, June 20-21
Maverick Protocol The DeFi infrastructure provider has recently secured $9 million in the funding round. The round was led by Founders Fund, a venture capital firm co-founded by Peter Thiel, and also included Pantera Capital, Binance Labs, Coinbase Ventures, and Apollo Crypto.
Binance
To implement Lightning Network nodes for enhanced Bitcoin transactions.
Deutsche Bank
Applied for regulatory permission to operate a custody service for digital assets such as cryptocurrencies.
WisdomTree
Filed for WisdomTree Bitcoin Trust, a spot Bitcoin ETF.
Invesco
Reapplied for a spot bitcoin (BTC) exchange-traded fund (ETF) in conjunction with Galaxy Digital.
Curve Finance
Opened vote to add WETH collateral for crvUSD stablecoin with $200M debt ceiling
Osmosis
Revealed a key update to its tokenomics model, OSMO 2.0, cutting its inflation rate by 50%.
Reserve
Investing $20 Million into the governance tokens of yield farming apps Curve (CRV), Convex (CVX) and Stake DAO (SDT).
Polygon
Polygon Labs proposes to upgrade flagship sidechain to “zkEVM validium” Layer 2.
Tether
Announced that it will launch U.S. dollar-pegged Tether tokens USDT on Kava, a layer-1 blockchain.
ARPA
Launched on the Ethereum Mainnet following two months of Testnet operations.
Mito
Injective is set to pioneer a new age of finance with the Mito launch — Web3 protocol for automated trading and yield generation.
Sam Bankman-Fried (FTX)
FTX paid over $120M in advisor fees between February 1st and April 30th.