Crypto Daily Digest - March 24th

DeFi

• Coinbase staking product adds Cardano. Source
• OneRing officially releases compensation plan. Source
• Credit agreement Union Finance launches governance token $UNION. Source
• a16z team presents proposal for new MakerDAO token economic model. Source
• Anchor Protocol community adopts proposal to earn rate to semi-dynamic rates. Source
• Cross-chain liquidity protocol Stargate reached $2 billion in lockups after one week online. Source
• Honduras denies rumors that Bitcoin will become legal tender in the country. Source
• ANZ becomes first Australian bank to mint stablecoin. Source
• South Korea's second-largest conglomerate to issue own cryptocurrency. Source
• Cross-chain liquidity aggregation protocol Via Protocol officially supporting Optimism. Source
• Catalog will distribute 50 million $CAT tokens to Ren Protocol users directly into their metaversal accounts. Source
• US Senate will consider a bill examining El Salvador's bitcoin experiment. Source
• Immutable X is supported on Orbiter Finance. Source
• EU Set to Experiment With Blockchain-Based Stock, Bond and Fund Trading. Source

NFT

• BAYC related series of NFT vaults sold for 1,401 $ETH. Source
• Time Magazine NFT with Vitalik Buterin on the cover is now live on Ethereum and on OpenSea. Source
• BATTLEGROUNDS publisher Krafton will partner with Solana Labs to develop a blockchain game. Source
• DeFiance Founder NFT Theft Hacker has transferred 500 $ETH to Tornado.Cash. Source
• Yield Guild Games launches subDAO YGG Japan. Source
• NFT trading platform Nifty Gateway will support wallet-to-wallet NFT transfers on April 5. Source
• Snoop Dogg and Wiz Khalifa launch APE and BAYC-themed music NFT. Source
• Korean media outlet KStarLive announced the launch of the PFP NFT project based on idol fashion. Source
• Meta (formerly Facebook) files 8 trademark applications for its new Logo. Source

Fundings

• Acala launches $250m ecosystem fund to drive adoption of its stablecoin $aUSD. Source
• Metaverse platform ALTAVA Group closes about $9m in funding led by Animoca Brands and others. Source
• Japanese gaming guild Apricot Planet closes seed round with participation from Animoca Brands. Source
• 10 MAYC Series NFT on Gem sell for $235 ETH. Source
• Former Polychain partner launches $125m crypto venture capital fund dao5. Source
• Metaverse algorithmic stablecoin project TeaDAO completed a $4.6m seed round with LD Capital and other participants. Source
• Game developer Gamefam closed $25m in funding led by Konvoy and Play Ventures. Source
• Decentralized creator platform Joystream closed $5.85m funding round at $60m valuation, led by D1 Ventures and others. Source
• Wemade, a publicly traded Korean gaming company, announced a strategic investment in blockchain platform IoTeX. Source
• Phi Labs secures $21m in strategic funding, led by Hashed and CoinFund. Source