Crypto Daily Digest - January 11th

TI Research

DeFi options protocol Opyn announced that its ETH power perpetual contract Squeeth is live on Ethereum mainnet. ParagonsDAO, a blockchain game community, plans to launch its governance token $PDT on January 14. Binance will list Glimmer ($GLMR) and will open for trading at 16:00 (UTC) on January 11. Bitcoin|Terra|Flip

DeFi

Opyn's Power Perpetual Contract Squeeth Goes Live on Ethereum Mainnet

DeFi options protocol Opyn announced that its ETH power perpetual contract Squeeth is live on Ethereum mainnet. It is reported that Squeet combines the advantages of options and perpetual contracts. The contract has no expiration date, long users will not be liquidated, and short users can get a stable daily funding fee income. Source

Binance will list Moonbeam Token $GLMR

Binance will open $GLMR charging channel at 10:00 UTC on January 11, go live with $GLMR at 16:00 UTC on January 11, and open $GLMR/$BTC, $GLMR/$BUSD, $GLMR/$USDT trading pairs, and open $GLMR withdrawals at 15:00 UTC on January 12. Moonbeam builds cross-chain connected DApp that provides an ethereum-compatible smart contract platform designed to easily build locally interoperable applications. It is powered by Polkadot Network and developed by PureStake. Source

ParagonsDAO to Launch Governance Token $PDT

ParagonsDAO, a blockchain game community, plans to launch its governance token $PDT on January 14, with the exact price and availability not yet revealed by the project. Previously, the community closed a $25 million round of funding with participation from Paradigm, Framework Ventures, Folius Ventures and others. ParagonsDAO, formerly known as ParallelDAO, is a community of investors, gamers, collectors and cryptocurrency enthusiasts. Source

Cash App Now Supports Bitcoin Lightning Network

The Cash App, a transfer payment tool, now supports the Bitcoin Lightning Network, allowing users to transfer BTC to Lightning addresses from within the App. Cash App is designed to provide users with the most cost effective and simple financial products that enable efficient cross-selling. Source

Zerion Partners with Movr to Support Seven Public Chain Assets Across Chains

Asset management platform Zerion has announced a partnership with Movr that now supports assets across chains for Ethereum, Polygon, BSC, Arbitrum, Optimism, Avalanche, and Gnosis Chain. Zerion is a DeFi asset management platform that currently supports over 60 DeFi protocols. Source

Sol Invictus to Release New Bond with Terra

Sol Invictus, an OHM fork on Solana, announced that it will release a new bond (UST bond) in partnership with Terra, which is scheduled to launch in the next 24 hours. The total issue is reportedly worth approximately $250,000. With the support of Terra and Frax, Invictus also plans to launch UST, UST-IN LP and Frax bonds to gradually replace the USDC/USDT in its treasury. Sol Invictus is an Olympus fork on Solana, having previously launched mSOL bonds in partnership with Marinade Finance, a staking liquidity protocol on Solana. Source

NFT

PHANTA BEAR #9999 for Sale at 148ETH

PHANTA BEAR #9999 was successfully sold today for 148ETH (approximately RMB 2.96 million), setting a record for the series. It is reported that the purchaser is saxboom, who currently owns 15 pieces of the series. Phanta Bear focuses on the image of cool bears, and the series is limited to 10,000 pieces at a price of 0.26ETH. Source

Fundings

NFT Marketplace Aggregator Flip Closed $6.5 Million in Financing

NFT marketplace aggregator Flip has closed a $6.5 million round of funding led by Distributed Global and Chapter One, with participation from CMS Holdings, Keyboard Monkey, DeeZe, and individual investor Emily Yang. The funds raised will reportedly be used to help Flip expand its existing team and launch its platform, which is positioned as an NFT market aggregator, collecting NFT collections, reserve prices, volume, and other data and information across markets. Source

Decentralized Comic Platform TooNFT Closed $1.75 Million in Financing

TooNFT, a decentralized comic platform, closed a $1.75 million round of funding with participation from HG Ventures, GBIC, Alphabit and Adaptive Labs. The funds raised will reportedly be used to promote their platform and expand the reach of their brand. TooNFT aims to bring millions of webcomic fans around the world to a decentralized network where retail investors can participate in webcomic production investment activities through the TooNFT platform. Source

Derivatives

DeFi

Ethereum

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