🚨What happened in Crypto in the last 12h?🚨
- Grayscale $ETHE Outflow
- Mt. Gox Overhang $BTC
- $ALT Unlock delay
- $COTI x Israel's CBDC
- $ENA x BlackRock's BUIDL
- $ENS x Bitwise
- $DYDX V3 Infra sale
- $SSV Utility Proposal
- $AAVE V3.1 Upgrade
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• Grayscale's $ETHE saw a $484M outflow on the first day. It looks like a similar playbook to Grayscale's $BTC ETF launch, which initially curbed Bitcoin prices.
• Kraken successfully returns BTC and BCH to Mt. Gox creditors. Other CEXs are expected to return $BTC soon.
• $AAVE - The governance proposal to upgrade Aave v3 to v3.1 voting has started.
• $ALT - AltLayer announced a 6-month pause in the ALT token vesting schedule after the first unlock on July 25.
• $COTI - COTI announced participation in the Central Bank of Israel's CBDC project.
• $DCR - Decred has teased that DEX V1 launching soon.
• $DYDX - dYdX is in talks to sell its deprecated V3 derivatives trading software to a consortium of major crypto market makers.
• $ENS - Bitwise announced using ENS domain for its custody addresses.
• $ENA - Ethena proposed allocating part of its reserve to RWA. BlackRock's BUIDL fund applied for $34M to provide RWA yields to Ethena.
• $SSV - SSV network has proposed Simple DVT Expansion. The plan to use SSV tokens for network fees and incentives.
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