Crypto Daily Digest - March 11th

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