Crypto Daily Digest - February 24th

TI Research

As Russia began its military operations in Ukraine, the price of bitcoin fell below $35,000 on the 24th for the first time since January.

DeFi

  • Bitcoin falls below $35,000 as Putin orders military operation in Ukraine. Source
  • Lens Protocol, the Web3 social platform developed by the Aave Protocol team, announces the beta launch of new features. Source
  • Coinbase listed MyNeighborAlice ($ALICE). Source
  • Ref Finance, Allbridge, Celo Foundation to collaborate on $4.3 million in cross-Chain rewards. Source
  • yearn.finance, a Fantom-based DeFi yield aggregator, announces that it has launched on Arbitrum. Source
  • crypto exchange FTX has launched Whitelabel to help partners offer the same range of product features as FTX. Source
  • Ethereum project accelerateor Decent Labs CEO Parker McCurley revealed in an interview at this year's ETH Denver Conference that they will be transitioning to DAO. Source
  • DeFi options protocol announced that it integrated HopProtocol natively into the Lyra trading DApp and offered traders a seamless experience to move tokens from Layer 1 Ethereum to Optimism. Source
  • cBridge now supports the Clover Finance wallet Passport Clover. Source
  • Arca has posted a governance proposal to add much-needed utility to $ANC. Source
  • Decentralized trading platform Serum for the Solana ecosystem, has launched Serum Accelerator, designed to support promising new projects on the Serum ecosystem. Source
  • DeFi project Plena Finance announces integration with The Graph protocol hosted service. Source
  • StarkWare launches StarkNet, an L2 product on Ethereum. Source
  • Polkadot ecosystem project Acala will open Staking on March 3. Source
  • Rand will launch yield aggregator Strategies on Acala. Source
  • Elwood Technologies, Alan Howard's crypto company, announced a strategic integration with Bloomberg. Source
  • MUFG drops blockchain payment project to focus on stablecoins. Source

NFT

  • Bored Ape Yacht Club creator Seneca, a Chinese-American girl, has launched an auction for her latest NFT, LITTLE ONE NFT, on SuperRare. Source
  • The Invisible Friends special edition NFT Golden Friends sold for 496.69 $ETH (about $1.28 million) at auction. Source
  • Sotheby's CryptoPunks auction has been cancelled due to a reversal by the seller. Source
  • The fractionalized NFT Azuki #40 (Bobu) will go live on Fractional.art on March 6 for a total of 20,000 pieces at 0.01 $ETH. Source
  • One lucky winner won BAYC#9044 for $38. Source

Fundings

  • NFT platform Ucollex has closed a $10 million Series A round led by Animoca Brands and MCP IPX One Fund. Source
  • Slope Finance, the startup behind a digital wallet for the Solana blockchain, has closed an $8 million Series A funding round co-led by Solana Ventures and Jump Crypto. Source
  • Worldspark Studios, a blockchain gaming startup, has closed a $3 million seed round led by Animoca Brands and Shima Capital. Source
  • bitsCrunch has closed a $3.6 million private round led by Animoca Brands. Source
  • DeFi lending protocol Teller closed $6.85M in strategic funding led by Blockchain Capital. Source
  • Distributed API infrastructure company Bware Labs closed $6 million round with Blizzard and others. Source

Bitcoin

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