Crypto Daily Digest - February 11th

DeFi

• NFT infrastructure provider Project Galaxy will be available for public sale on Coinlist. Source
• Mars Protocol Launches Token $MARS and Airdrop to $LUNA Stakers. Source
• PancakeBunny and the Qubit development team decide to disband and will be managed by DAO instead, as Qubit is attacked and loses all of its working capital. Source
• wFLOW (wrapped FLOW) is now live on Uniswap and Sushiswap. Source
• Structured product options protocol Ribbon Finance officially launched Ribbon Treasury on mainnet. Source
• EOS Network Foundation Will Take Legal Measures to Hold Block.one. Source
• DeFi insurance agreement InsurAce Has been Funded by NEAR Protocol and Harmony. Source
• Solana ecological DeFi protocol Katana announced partnership with Zeta Markets. Source
• Avalanche ecological insurance agreement Degis announced the launch of Testnet V2. Source
• FutureSwap's $FST Reward Reserve Account on Arbitrum was Compromised. Source
• BitOoda has Obtained Cryptocurrency License from NYDFS. Source
• Mean Finance, the Dollar Cost Average protocol, announced it will be deployed on Polygon. Source
• Polkadot aggregated identity protocol Litentry will launch products such as the Litentry App in 2022. Source
• MakerDAO Launches Up to $10 Million Vulnerability Bounty Program on Immunefi. Source
• a16z Crypto and Cultural Leadership Fund Announced HBCU Token Mandate Program. Source
• Umbrella Network achieves its first milestone by supporting the conversion of rUMB to UMB. Source
• 555.55 carat giant natural black diamond sold at Sotheby's for $4.3 million worth of cryptocurrency. Source
• The EU will propose a digital euro bill in early 2023. Source
• Optimism awards over $2 million to a whitehats; vulnerability now fixed. Source

NFT

• OnlyFans Jumps into NFT Profile Pictures. Source
• The NFT project Azuki has announced that Azuki #40 (Bobu) will be fractionalized in the coming weeks via the NFT platform Fractional.art. Source
• Topps Plans to Auction Rare Baseball Cards in the Form of NFT. Source
• YouTube announces 2022 blockchain, metaverse development plan. Source

Fundings

• Sup Closed $12 Million Seed Round Led by Paradigm. Source
• Metaverse Company Everyrealm Closed $60 Million Series A Funding Round Led by a16z. Source
• Digital Fraud Prevention Solution Sardine Closed $19.5 Million Series A Funding Round Led by a16z. Source
• Binance Labs has announced a strategic investment in Automata Network, a cross-chain privacy middleware project. Source
• GameFi RPG Summoners Arena closed a $3 million seed round led by Pantera Capital. Source
• Forbes will receive a $200 million strategic investment from Binance and plans to go public on the NYSE. Source
• YGG SEA announced a strategic investment in NFT project Dappie Gang. Source
• Ethernity has raised $20 million for its metaverse game studio, Ethernal Labs, with participation from Polygon Studios and others. Source