Crypto Daily Digest - February 16th

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