Crypto Daily Digest - March 23rd

DeFi

• Polygon announces the launch of Ethereum Adoption DAO. Source
• Crypto.com becomes an official sponsor of the 2022 World Cup in Qatar. Source
• El Salvador delays Bitcoin bond offering. Source
• Anchor Protocol announces $sAVAX as new Anchor collateral. Source
• yearn.finance launches Curve Rocket Pool. Source
• Web3 infrastructure startup Mysten Labs launches Sui, a Layer 1 blockchain network. Source
• Coinbase Cloud launches Avalanche developer tool suite. Source
• Cross-chain bridge Stargate will open another public offering on March 31. Source
• Avalanche Bridge will support the Bitcoin network and will launch the wallet Core. Source
• Tether added $1 billion USDT to the Wavefield chain today for its next offering request. Source
• Llama proposes a strategic partnership between Aave and Balancer. Source
• Decentralized trading platform Starkswap to go live on StarkNet Alpha testnet on March 31. Source
• Thailand SEC: Bans the use of cryptocurrencies as a means of payment for goods and services from April 1. Source
• Aave launches a community proposal to add the stablecoin $MAI to Aave v3. Source
• Solana ecosystem algorithm stablecoin project Cashio has an infinite mint glitch, and the price of the stablecoin is near zero. Source
• Multichain integrates XRP Ledger. Source
• Florida governor says the state will accept Bitcoin for tax payments. Source
• CoinShares and FTX have partnered to launch a physically staked product, Solana ETP. Source
• Secret Network, a privacy public chain, will have two mainnet updates in Q2 2022. Source
• Robinhood will launch a Cash Card debit card that will allow users to use spending rewards to invest in crypto. Source

NFT

• NFT trading marketplace x2y2 updates token economy scheme, 16 million tokens to be destroyed. Source
• Luxury brand Bulgari launches watch NFT collection Octo Finissimo Ultra on Polygon. Source
• Bank of America head of marketing Kate Fernandez buys BAYC NFT. Source
• Japanese social giant LINE to launch Line NFT, an NFT marketplace, on April 13. Source
• Official Discord of NFT project MekaVerse hacked. Source
• $APE has been enabled as a digital subscription payment option for TIME. Source
• Animoca Brands subsidiary, Quidd, has partnered with international toy giant MGA to release the toy NFT. Source
• GameStop NFT Marketplace, powered by Loopring L2 Source
• The digital collectibles platform VeVe systems has been maliciously exploited and has now shut down its marketplace. Source
• Korean game developer Krafton has partnered with Solana on blockchain and NFT business. Source

Fundings

BAYC parent company Yuga Labs closes $450m funding round led by a16z. Source

One-stop fee payment platform Jeeves closes $180m Series C round with a16z and others. Source

NFT pricing evaluation protocol Upshot closes $22m round led by Polychain. Source

Haun Ventures, a venture capital firm owned by a former a16z partner, raises $1.5b to support Web3's growth. Source

Cryptocurrency project Worldcoin plans $100m funding round at $3 billion token valuation. Source

NFT financial services protocol Cyan closes $100,000 pre-seed round led by Animoca Brands. Source

Crypto platform Nexo launches $150m Web3 investment fund. Source

Venture capital firm Cypher Capital to launch $100m digital asset fund. Source

Web3 digital identity startup Unstoppable Domains said to seek funding at $1b valuation. Source

Crypto exchange MEXC Global leads $150m Fetch.ai Development Fund with Huobi, Bybit. Source

Grayscale Investments Creates Smart Contract Fund for Solana, Avalanche, Polygon, Cardano Source