Crypto Daily Digest - March 22nd
On-chain structured product Ribbon Finance has launched the ApeCoin ($APE) Call Option Vault. Running a strategy similar to the $ETH Call Option Vault, the automated call option strategy is run weekly to earn the proceeds of $APE deposits while reinvesting the proceeds into the strategy, effectively increasing the depositor's yield over time. In addition, Ribbon closed an $8.75 million Series B round of funding led by Paradigm.
DeFi
- UK Advertising Standards Authority issues red alert guidance on crypto advertising. Source
- Couple suspected in Bitfinex theft and $4.5 billion crypto money laundering case request hearing in the case be postponed. Source
- Lending protocol Timeswap is now live on Polygon mainnet. Source
- Lending protocol Euler is about to issue a governance token $EUL, and has completed its snapshot. Source
- Decentralized cross-chain transaction protocol THORChain is undergoing a hard fork. Source
- Blockchain gaming platform C2X launches native digital asset wallet C2X station. Source
- DeFi capital management platform Zapper has integrated Aave v3. Source
- Compound finds and fixes critical vulnerabilities related to $TUSD contracts in audit, preventing millions of dollars in losses. Source
- Ethereum price breaks 3,000 $USDT, up over 6% in 24 hours. Source
- 0xMaki launches proposal in Sushi Governance Forum for Sushi to integrate Stargate, a cross-chain bridge based on LayerZero. Source
- Ribbon Finance launches $APE call option vault. Source
- Curve to be deployed to Celo soon. Source
- Trader Joe co-founder 0xmurloc tweets that $veJOE is live. Source
- Decentralized lending protocol Clearpool will launch its mainnet on March 23. Source
- DeFiance founder says its NFT theft may be a targeted social engineering attack. Source
- SushiSwap officially launches new version of MISO Launchpad. Source
- DEX aggregator Prism launched $PRISM single-sided staking. Source
- Decentralized asset management platform Enzyme is now live on Polygon. Source
- DeFi infrastructure Qredo Network announces the launch of Solana. Source
- India rules out offsetting losses against gains in new crypto tax law. Source
- OneRing was hit by a flashloan attack and hackers stole over $1.45 million. Source
- Crypto exchange Blockchain.com acquires Altonomy’s OTC Desk. Source
- US SEC delays decision on Bitcoin ETFs by WisdomTree and One River. Source
- Ambire wallet launches Moonbeam integration: the first Polkadot parachain on Ambire. Source
- The CowSwap community opened three proposals on whether to allow $vCOW to convert to $COW, deploy a $COW liquidity incentive program, and more. Source
- Clipper is now live on Moonbeam. Source
- Calldata compression will go live on Optimism mainnet this Thursday. Source
NFT
- Metis launches NFT cross-chain bridge NFT Hub. Source
- NFT Project REALSWAK Experiences Rug Pull, Operators Profit 1,300 $BNB. Source
- Estee Lauder to distribute NFT during Decentraland Metaverse Fashion Week. Source
- Palm NFT Studio announced that its secondary market will be available in spring 2022. Source
- NeoNexus founder pulls the plug on popular metaverse NFT project. Source
- iZUMi Finance launches a new model of veNFT, officially opening the mining incentive. Source
- Bored Ape DJ Duo Escapeplan has signed with Hollywood agency WME to use the IP for music and other creations. Source
Fundings
- Ribbon Finance closes $8.75m Series B round led by Paradigm. Source
- Metaverse game studio Block Tackle closes $5m seed round with Coinbase Ventures and others. Source
- Blockchain game studio LifeForce Games closed a $5m seed round led by Lemniscap. Source
- Crypto investment platform NeoFi closed $2.1m in strategic funding with participation from Digital Strategies and others. Source
Options
Ethereum
DeFi
BAYC
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