Crypto Daily Digest - February 16th

TI Research

Sotheby's has announced that it will accept cryptocurrency payments in an auction of sports memorabilia NFTs. Bryant’s shooting shirt will be sold physically and have an accompanying NFT of an animation depicting Bryant’s 81-point game. Sotheby’s will accept the final payment in ETH, BTC, USDC as well as fiat currency.

DeFi

  • Binance Smart Chain (BSC) will be renamed to BNB Chain. Source
  • Algorithmic stablecoin project Frax Finance will deploy $FRAX stablecoin on Evmos. Source
  • On-chain revenue splitting protocol 0xSplits has announced its official launch on Ethereum. Source
  • BNB42 was detected as a Rug Pull scam and 6,445 $BNBs lost were split and transferred to Tornado Cash for money laundering. Source
  • Cross-chain DeFi protocol Umee mainnet is now live. Source
  • Pangolin, the decentralized exchange on Avalanche, announced that it will be deployed on NEAR Network. Source
  • The Tornado Cash community is voting on relayer registry requiring and fee allocation Proposal. Source
  • Metaverse platform MarkMeta Network is suspected to be Honeypot. Source
  • Polkadot multi-chain smart contract platform Astar Network has announced that it will build a DApp Portal. Source
  • Belarus president signs decree to support free circulation of crypto. Source
  • US Rep. Josh Gottheimer Introduces Bill for Government-Backed Stablecoin Insurance. Source
  • The Fidelity Physical Bitcoin ETP (FBTC) is listed on the Deutsche Boerse and Frankfurt Stock Exchange. Source
  • Blockchain Venture Firm Woodstock Raising $100M From US Investors. Source
  • PayPal to limit some NFT transactions for its merchant-focused Seller Protection program. Source
  • Congressman Warren Davidson introduces bill to protect self-hosting of cryptocurrencies. Source

NFT

  • Sotheby's will auction Kobe basketball jerseys and his NFT with support for cryptocurrency payments. Source
  • DeFi Community Sushi announced the launch of NFT project Sushimi. Source
  • Nyan Heroes, a P2E game on Solana, announced the launch of NyanDAO and the release of its first governance proposal. Source
  • OpenSea will remove some infringing and fraudulent NFT. Source
  • UEFA FC announced a partnership with Socios.com to launch its official fan token. Source
  • Animoca Brands has announced a partnership with Play Magnus Group (PMG) to bring Chess to the metaverse. Source
  • JPMorgan opens virtual space Onyx Lounge in Decentraland and releases metaverse research report. Source
  • Art lovers can own part of an NFT of Gustav Klimt's 'The Kiss'. Source

Fundings

Binance Labs announced a strategic investment in Manta Network, a Web3 privacy protocol. Source

  • Aurigami, an Aurora-based lending program, announced that it has closed a funding round led by Dragonfly Capital and Polychain Capital. Source
  • Maverick, a decentralized derivatives protocol, has closed an $8 million funding round led by Pantera Capital. Source
  • Solana on-chain NFT data site Hyperspace (formerly Solanalysis) closed a $4.5 million seed funding round led by Dragonfly and Pantera Capital. Source
  • Axelar, a cross-chain interoperability protocol, closed $35 million Series B round with participation from Dragonfly Capital and others. Source
  • RabbitHole, an on-chain interaction incentive platform, that it closed an $18 million Series A round of funding led by Greylock and TCG Crypto. Source
  • DApp gaming portal PlayDapp has announced a strategic investment in metaverse project Klay City. Source
  • MixMob closed $7 million seed round led by Defiance Capital. Source
  • Web3 mobile wallet Rainbow closed $18 million in funding led by Seven Seven Six. Source
  • Decentralized IoT platform DIMO development company closed $9 million in funding with CoinFund and others. Source
  • DeFi trading terminal DexGuru closes $5 million funding round with Huobi Ventures and others. Source

NFT

Sports

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