21 Jun 202315:05
Project update
Crypto Events Recap, June 20-21

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.

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.

Filed for WisdomTree Bitcoin Trust, a spot Bitcoin ETF.

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

Revealed a key update to its tokenomics model, OSMO 2.0, cutting its inflation rate by 50%.

Investing $20 Million into the governance tokens of yield farming apps Curve (CRV), Convex (CVX) and Stake DAO (SDT).

Polygon Labs proposes to upgrade flagship sidechain to “zkEVM validium” Layer 2.

Announced that it will launch U.S. dollar-pegged Tether tokens USDT on Kava, a layer-1 blockchain.

Launched on the Ethereum Mainnet following two months of Testnet operations.

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.