TrustToken, operator of decentralized finance (DeFi) lending protocol TrueFi and stablecoin TUSD, has raised $12.5 million in a new funding round.

Blocktower Capital, Andreessen Horowitz (a16z) and Alameda Research led the round by purchasing TRU, TrueFi’s native token.

https://www.coindesk.com/a16z-blocktower-alameda-back-12-5m-round-for-trusttoken

Injective has announced its rebrand.

Injective will now focus on creating the DeFi hub for the new internet economy.

https://twitter.com/InjectiveLabs/status/1423102881000050690

JPMorgan Launches In-House Bitcoin Fund for Wealthy Clients

https://www.coindesk.com/jpmorgan-launches-in-house-bitcoin-fund-for-wealthy-clients

London upgrade has gone live on the Ethereum network.
https://ethereum.org/en/history/#london

At the moment, 672 ETH has already been burned.
https://ethburned.info/

Lithium Finance trading has started.
LITH is now trading at ~2.6x from the IEO/IDO price.

https://trade.kucoin.com/LITH-USDT

Coinbase has introduced new and seamless ways to enable crypto buys with linked debit cards to Apple Pay and Google Pay, and instant cashouts up to $100,000 per transaction available 24/7.

https://blog.coinbase.com/more-ways-to-buy-crypto-and-cash-out-now-on-coinbase-2790e3bbc751

Kraken lists Band Protocol (BAND), Injective Protocol (INJ), Mirror Protocol (MIR) and 1inch network (1INCH).

Trading will begin on August 10 at approximately 15:30 UTC.

https://blog.kraken.com/post/10497/band-inj-mir-and-1inch-trading-starts-august-10-deposit-now/

Elrond has partnered with Offsetra to become carbon negative by offsetting more CO2 than the network accounts for.

Every Maiar transaction, NFT or DeFi product on the Elrond network will have a positive impact on the environment.

https://elrond.com/blog/elrond-carbon-negative-offsetra/

UniLend’s UFT Token has been listed on Binance Bridge.

https://twitter.com/UniLend_Finance/status/1423241737581993991

Crypto Data Firm Messari has raised $21 million in Series A funding.

The raise was led by early-stage investors Point72 Ventures.

Other investors: Coinbase Ventures, Kraken Ventures, and Blockchain Ventures.

https://decrypt.co/77717/crypto-data-firm-messari-records-21-million-series-a-funding

Binance will wind down its derivatives products offerings in Hong Kong.

https://www.binance.com/en/support/announcement/25a2571392a24367a7d927bd37ab2b86

🔥ETH has surpassed $3,000

https://dropstab.com/ethereum

Brian Brooks has resigned as CEO of ⁦⁦⁦Binance US due to differences over strategic direction.

https://twitter.com/BrianBrooksUS/status/1423727097323802626

Nakji Network, an indexing protocol for organizing blockchain data, has raised $8.8 million in a funding round.

The funding was secured via a Simple Agreement for Future Tokens (SAFT) sale.

Animoca Brands, CMS Holdings, Primitive Ventures, One Block, Panony, and others backed the round.

https://www.theblockcrypto.com/post/113780/indexing-protocol-nakji-network-blockchain-data-saft-funding

🔥Bitcoin has exceeded $45,000

Krystal has raised $6.6M to bring its multi-chain DeFi management platform to greater heights.

The round was led by Hashed, with further backing from Crypto.com, Signum Capital, BlockTower, HyperChain, Arrington Capital, LD Capital, DeFi Alliance, ArkStream Capital, Coin98, and a few angel investors.

https://medium.com/krystaldefi/krystal-raises-6-6m-to-build-multi-chain-defi-management-platform-b54ef71b78a2

Onramp Invest has raised $6 million in seed fundraising with major contributions from Coinbase Ventures, Eterna Capital, Fox Ventures, Galaxy Digital, Galaxy Fund Management, Gemini Frontier Fund, Ritholtz Wealth Management and WisdomTree.

Onramp plans to expand its service offering to RIAs, explore broker-dealer registration, and increase the size of its engineering team.

https://www.americanentrepreneurship.com/press-releases/onramp-invest-raises-6m-seed-round-accelerate-growth-integration-plans

13263.30 ETH has already been burned in 3 days after London upgrade.

https://ethburned.info/

Indonesia-based cryptocurrency exchange Pintu has raised $35M in extended Series A funding round led by Lightspeed Venture.

Investors: Alameda Ventures, Blockchain.com Ventures, Castle Island Ventures, Coinbase Ventures, Intudo Ventures, Pantera Capital.

https://www.coindesk.com/pintu-indonesia-exchange-series-a-extension-funding

Audi has joined the NFT market and is set to release an NFT collection on Aug 10 with the aid of xNFT.

https://twitter.com/xNFT_Protocol/status/1424291779763863556
https://beincrypto.com/audi-announces-nft-release-on-xnft-protocol/

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