Crypto Daily Digest - March 4th

TI Research

Convex Finance tweeted that a bug was found in the CVX vote-locked contract and the migration of the contract has been completed. Users need to withdraw their $CVX from the old contract and re-lock it in a new contract.

DeFi

  • Users need to re-lock their $CVX tokens because bug found in CVX vote-locked contract. Source
  • Polkadot parachain Astar Network has announced the addition of cross-chain bridge feature to its mainnet, allowing users to transfer Ethereum assets to Astar Network. Source
  • Aurora lending protocol Bastion Protocol native token $BSTN will be available for LBP on Copper soon. Source
  • Kava Network launches Kava Rise, a $750 million developer incentive program that gives builders majority ownership of the network. Source
  • Decentralized exchange aggregator 1inch Network introduces peer-to-peer (P2P) order functionality in its 1inch DApp. Source
  • Many members of the ENS DAO have voted in favor of allowing recently removed director of operations Brantly Millegan to stay on as the ENS Foundation director. Source
  • The reigning Premier League champions announced a multi-year agreement naming OKX it’s official cryptocurrency exchange partner. Source
  • Binance Staking has officially launched $MINA Locked Staking. Source
  • Decentralized lending protocol Aave, the community has put forward a proposal to add the $ENS token to Aave V2 as a collateral asset. Source
  • OlympusDAO releases Inverse Bonds Introduction. Inverse Bonds will serve as a new tool for OlympusDAO to increase liquidity support of $OHM and absorb market volatility. Source
  • A ConsenSys Ventures alum is prepping a venture capital fund fund launch focused on just one protocol. Source
  • Users in regions such as Venezuela were unable to access MetaMask for a short period of time due to an incorrect configuration change by Infura. Source
  • Cross-chain messaging system Router Protocol has integrated Avalanche network’s C-Chain. Source

NFT

  • The HEIR platform, based on Solana and founded by Michael Jordan, is releasing its first NFT, called 6 Rings NFTs. Source
  • Multiple users from Iran tweeted with screenshots showing their account history had been deleted,. Source
  • The Sandbox announced Alpha Season 2 went live. Source
  • mfer#904 sold for $80 WETH, setting a new record for the highest price in this NFT series.
  • Source
  • Digital artists Ape Rave Club will perform on Tomorrowland's main stage or will perform NFT airdrop. Source
  • Attack on Titan to release NFT platform based on Flow public chain Attack on Titan: Legacy. Source

Fundings

  • Andreessen Horowitz (a16z) has announced a $70 million investment in Lido Finance. Source
  • Praxis, a Web3 startup, closed a $15 million Series A round led by Paradigm. Source
  • Ignite Tournaments, a P2E gaming platform, has closed a $7 million strategic funding round led by Animoca Brands, Infinity Ventures Crypto and Moon Holdings Fund. Source
  • Diagonal, a non-custodial protocol, closed a $2.5 million round of funding with Coinbase Ventures and others. Source
  • Inworld AI closed $10 million in funding led by Bitkraft Ventures. Source
  • Web 3 game platform metaENGINE closed a $4 million seed round led by Lemniscap and Jump Crypto. Source
  • IQ Protocol closed $12m in funding led by Crypto.com capital. Source
  • Haruko announces $10m seed funding to build one-stop shop for institutional crypto investors. Source
  • Cryptocurrency investment platform Zignaly closed $50 million in funding. Source

Ethereum

Security Incidents

TI Research

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