Crypto Daily Digest - March 28th

DeFi

• BNB Chain will launch application-specific sidechains to reduce network stress. Source
• Decentralized exchange Balancer officially launches $veBAL tokenomics. Source
• Decentralized leverage protocol Gearbox Protocol announces that it has fixed the vulnerability. Source
• Russian Deputy Energy Minister: Crypto mining must be brought into the regulatory framework. Source
• Crypto venture capital firm a16z launches airdrop pickup tool. Source
• Filecoin introduces the EVM-compatible Filecoin virtual machine. Source
• Cashio Hack Progress: Unable to compensate users for losses, will offer $1M $USDC reward if hackers return funds. Source
• Panther has fixed the Polygon stake bug vulnerability and withdrew $2 million $ZKP to pay the stake reward. Source
• JPEG'd launches community proposal to purchase $15M in $CVX for liquidity pool voting. Source
• South Korea's SK Group to issue SK Coin in the third quarter of 2022. Source
• South Korean blockchain platform Klaytn enters into a partnership with Smart Token Labs. Source
• Secret Network founder proposes to reference and replicate the Luna-UST economic model. Source
• South Korean social media giant Cyworld plans to launch a cryptocurrency. Source
• Rug Pull occurs on BuccaneerFi, a project on BNB Chain, and the operator makes about 841 $BNB. Source
• Solana mainnet update causes some RPC nodes to fork. Source
• DeFi Protocol Revest Finance releases protocol vulnerability fix plan. Source
• Cross-chain bridge Converter Bridge on Cardano will soon launch in public beta. Source
• THORSwap to launch v2 version of APP with cross-chain revenue aggregator. Source
• India's Supreme Court asks Gain Bitcoin scam suspects to disclose their Bitcoin wallet information. Source
• Block.one co-founder says he has exchanged all of his Block.one shares for $EOS. Source
• ASX announces CHESS blockchain upgrade delayed until 2023. Source
• Long-term Ethereum holders have added more than 4 million $ETH worth $12.6 billion in the past few weeks. Source
• SK Hynix CEO says top shareholder to secure $1.6 billion for M&A in chips, blockchain. Source
• Coinbase intends to acquire 2TM Group, owner of Brazilian exchange Mercado Bitcoin. Source
• Spanish retailer El Corte Ingles launches crypto exchange in partnership with Deloitte. Source

NFT

• Move to Earn Game STEPN App to Support $BNB Payments. Source
• Data: LooksRare daily active users increased by 54% in the last 24 hours. Source
• Cryptocurrency exchange Mt. Gox will issue a commemorative edition of Mt to registered users. Source
• Former Goldman sachs executive Raoul Pal spent 140 ETH to buy a Bored Ape NFT. Source
• Former Mt. Gox CEO to launch rating agency UNGOX, offering NFT and free services to Mt. Gox users. Source
• African digital art network launches Nandi NFT marketplace on Celo. Source

Fundings

• NFT card game Cross the Ages (CTA) closed a $12m seed round with participation from Animoca Brands and others. Source
• Bithumb Meta enters strategic partnership with SK, LG, CJ affiliates and receives 9b won investment. Source
• Sports entertainment platform Eksab closed a $3m seed funding round led by 4DX Ventures. Source