Crypto Daily Digest - February 23rd

DeFi

• Yield aggregator Solidex opens liquidity staking. Source
• Polygon announced the launch of Finity, a UI/UX solution for Web3 projects. Source
• The Coinbase Wallet extension now supports the hardware wallet Ledger. Source
• Brazilian Senate Committee preliminary approved proposal establish ground rules for crypto. Source
• The Ministry of Energy of the Republic of Kazakhstan announced that it had discovered and terminated 13 cryptocurrency mining operations. Source
• Sat.is, a multichain order book DEX, announces that it will be launching on Arbitrum and plans to launch Alpha testnet on Arbitrum. Source
• Decentralized trading platform Hashflow has posted that the team is adding a Chain-weighted structure as the network is now running multi-chain. Source
• $Web3Memes on BSC manufactured rugpull, developer takes out 625 $BNB. Source
• Firefly, the decentralized derivatives exchange on Polkadot, announced the launch of its final beta test, which is now open for registration. Source
• Lyra has announced a partnership with digital asset payment provider Banxa that will allow users to purchase ETH in fiat currency directly on Optimism. Source
• On-chain options protocol Charm launches Alpha Passive, a passive investment vehicle. Source
• 40 million $USDT were transferred from the Bitfinex exchange address starting with 0x876eab to the Tether Treasury. Source
• Magic Eden, the Solana on-chain NFT marketplace, announced the launch of MagicDAO. Source
• Ethereum Layer 2 protocol Aventus Network Plans to participate on Polkadot parachain auctions with financial backing from Scytale Ventures. Source
• Decentralized content distribution protocol RSS3's DAO governance voting for Genesis RSS3 Avatar NFT Minters will open at 0:00 a.m. UTC on February 26. Source
• JPMorgan senior blockchain executive Christine Moy to leave firm. Source
• The Flurry Finance exploitation has been exploited and the related contract has been paused. Source
• MuesliSwap is releasing an AMM DEX on Milkomeda sidechain. Source
• Acardex Protocol will launch its Cardano-based DEX and NFT platforms. Source
• Tendermint, the Cosmos development team, has announced a name change to Ignite. Source
• Web3 browser Opera announces integration with Layer2 exchange DeversiFi. Source

NFT

• Secret Network development team SCRT Labs will launch Legendao, a "Mint to Earn" NFT platform. Source
• There’s a Vending Machine in New York City Selling Solana NFTs. Source
• NFT marketplace, Mintable, is now sending 3 NFTs that were stolen in a recent OpenSea exploit, back to their rightful owners. Source
• Warner Music Group announces partnership with blockchain gaming developer Splinterlands. Source

Fundings

• Marginfi, a DeFi margining protocol on Solana, closed a $3 million round of funding led by Multicoin Capital and Pantera Capital. Source
• Web3 startup Fast Break Labs closed $6 million seed funding round led by Patron and Pantera Capital. Source
• Cradles, a metaverse blockchain game, has closed a $5 million private funding round led by Animoca Brands. Source
• Ren Labs closed $7.5 million in funding with Multicoin Capital and others. Source
• Singapore-based nonprofit Luna Foundation Guard (LFG) closed a $1 billion round of funding through an OTC sale of LUNA, led by Jump Crypto and Three Arrows Capital. Source
• Zebec Protocol, a Solana ecosystem cash stream protocol, closed a $15 million private round led by Solana Ventures and Distributed Global. Source
• DeFi derivatives protocol DeSyn Protocol closed the second round of funding of over $5 million with participation from TPS Capital, OKX Blockdream Ventures, MEXC, TokenInsight Research, etc. Source
• Digital asset broker tZERO closed strategic funding round led by Intercontinental Exchange (ICE). Source
• Brazilian crypto exchange Foxbit closed $21 million series A round led by OK Group. Source
• Web3 social protocol Atem Network closed $3 million seed round. Source