Crypto Daily Digest - March 11th

TI Research

Synthetix, the synthetic asset protocol, has announced that it will update its liquidation mechanism to incentivize stakers, and eliminate forced liquidation in extreme market conditions.

DeFi

  • Online Payment Provider Stripe announced that it has returned to crypto. Source
  • Synthetix, the synthetic asset protocol, has announced that it will update its liquidation mechanism to incentivize stakers. Source
  • Decentralized IoT network Nodle has won the 11th parachain slot auction of Polkadot by locking in over 2.47 million $DOT. Source
  • Polygon Developers tweeted that the Polygon PoS chain is now back up and running. Source
  • Swivel Finance, an interest rate swap protocol, has announced the launch of its governance token $SWIV. Source
  • Roman Semenov, co-founder of the crypto mixer protocol Tornado Cash, says they will not comply with sanctions against Russia. Source
  • Solana Ecosystem DeFi Protocol Katana closed a $5 million seed round led by Framework Ventures. Source
  • Microsoft announced that it will support Astar Network in building and implementing Web 3 through the Astar Incubation Program, a multi-chain smart contract platform. Source
  • Binance will list Kadena ($KDA) and open $KDA/$BTC, $KDA/$BUSD and $KDA/$USDT pairs at 11:30 UTC on March 11th. Source
  • The Anchor Protocol community has submitted a proposal to add $sAVAX as collateral. Source
  • Klaytn, the public chain of Korean social media Kakao, announced its metaverse roadmap with a focus on technical improvements, development support and governance. Source
  • The Uniswap community has launched a proposal to deploy Uniswap V3 to Celo. Source
  • Polychain Capital and Arca Prop have launched a proposal for the Terra Ecosystem fixed rate protocol Anchor Protocol. Source
  • Chainlink VRF v2 is live on BNBChain mainnet. Source
  • Chainalysis makes new crypto sanctions monitoring tools. Source
  • Cross-chain routing protocol Multichain has partnered with Velas. Source
  • Bill from 'Bitcoin Senator' Lummis would alter capital gains landscape for crypto. Source
  • 21Shares launches $XRP Exchange-Traded Product (in CHF) on SIX Swiss Exchange. Source
  • Okcoin launches $165m collective investment to push Bitcoin adoption. Source
  • Hedera's HBAR Foundation launches $100m sustainable impact fund. Source

NFT

  • TreasureDAO, the NFT trading marketplace on Arbitrum, tweeted that the NFT marketplace will reopen within 24 hours. Source
  • Metaverse Group has announced a lease agreement with Skechers for its Fashion Street property. Source
  • The NFT minting platform Manifold Studio now supports converting HTML pages to NFT. Source
  • NFT Fund Curated has raised over $30 million and will launch shortly. Source
  • Warner Bros. is creating 6m DC comics trading cards with redeemable NFTs. Source

Fundings

  • Venture capital firm Bessemer Venture Partners has announced a $250m investment fund for entrepreneurs in the decentralized technology space. Source
  • GameFi project Mirror World closed a seed round of over $4m led by Galaxy Interactive, Republic and Alameda Research. Source
  • Decentralized lending protocol Bastion Protocol has received $2m in DeFi grant from Proximity Labs. Source
  • Layer2 privacy cross-chain protocol Zecrey closed $4m angel funding round led by Shima Capital and others. Source
  • Digital real estate platform Roofstock closed a $240m Series E equity financing round. Source
  • New Nordic bank Lunar closes $77m financing at $2b valuation. Source
  • Hack VC hikes fundraising stakes, targets $500m for new crypto venture fund. Source
  • Pantera Capital's blockchain fund has $1b in commitments. Source

Synthetics

DeFi

TI Research

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