Crypto Daily Digest - March 7th

DeFi

• Binance has fully reopen EUR and GBP deposits and withdrawals respectively via the SEPA payment network (SEPA) and Faster Payment Services (FPS). Source
• FilSwan has been jointly funded by Chainlink-Filecoin to create a multi-chain decentralized data storage solution. Source
• Cronus Finance will airdropp a total of 100,000 $CRN to the Evmos community and $JUNO, $OSMO, and $ATOM stakers. Source
• KyberSwap DEX aggregator launches on Arbitrum. Source
• Lending protocol Aave now supports $ENS as collateral. Source
• Open options trading protocol Lyra Finance has gone live with a new trading market. Adding $35 million in liquidity and $SOL options market, etc. Source
• Fantom CEO and CIO Michael Kong tweeted that Andre Cronje will hand over everything they run to the existing teams. Source
• Evmos official response to upgrade failure: probably won't restart the network. Source
• Singapore's Ministry of Foreign Affairs issued a statement saying that it will impose unilateral sanctions against Russia. Source
• Brantly Millegan to remain director of ENS Foundation, the previous recall vote against him failed. Source
• Ribbon Finance, an on-chain structured product, has launched a new liquidity mining program. Source
• Terra credit lending protocol Mars Protocol has announced that the mainnet will be updated and fully live approximately 12 hours after the end of the second phase of the current lockdrop. Source
• Electrical giant Phillips will partner with Yusaku Maezawa in May to auction Untitled, an artwork valued at $70 million, with support for $BTC and $ETH payments. Source
• cypher, a decentralized synthetic asset protocol on Solana, announces that its devnet is live and users can experience its minting and trading capabilities. Source
• Binance has announced the launch of Bifinity as its official fiat-to-crypto payments provider. Source
• FTX announces the formation of FTX Europe to provide crypto derivatives trading services to European users. Source
• Multichain official: Multichain.xyz shutdown will not affect users to continue using Multichain cross-link service. Source
• Fantom Foundation: AC is not a core developer and Fantom's development will not be affected. Source
• Cross-chain bridge Glitter Finance will IDO at Aegis Launchpad. Source
• Theta v3.3 hard fork is set for block height 14526120, ~12pm PT on Monday March 14. Source
• Blockchain development platform Stratis will launch Interflux 2.0 on March 9. Source
• Korean card giant BC Card has partnered with Crypto.com and Visa on global digital payments. Source

NFT

• NFTScan has officially tweeted that the BNBChain NFT explorer has been released. Source
• Suji Yan, founder of the Web3 project Mask Network, tweeted that Mask Network may launch a plugin for Instagram with support for NFT avatar settings. Source
• Raiinmaker and Polygon partner to launch Create to Earn with $MATIC and NFTs. Source
• Meta announced the foundation of the Metaverse Innovation Center in partnership with Telefónica, a Spanish telecommunications company. Source
• Basketball player Irving buys Invisible Friends #4818 for 8.5 ETH. Source
• Azuki sharding project Bobu completes casting release, now live on OpenSea. Source
• Dolphin Entertainment has entered into a partnership with The Flower Girls, an NFT project, to develop derivative products based on that NFT. Source
• AcknoLedger and NFT social platform GAMERSE enter into a partnership. Source

Fundings

• Immutable X founding company Immutable closed $200m funding round led by Temasek. Source
• Cross-chain infrastructure Socket (formerly Movr Network) closed $5m seed round with Coinbase Ventures and others. Source
• Coinbase Ventures joins the strategic round of Astar Network. Source
• Kyoko, the cross-chain GameFi NFT lending marketplace, has closed a $3.6m strategic funding round led by ATEN Infinity Ventures. Source
• Web3 decentralized identity and credit network NFT3 closed a $7.5m seed and strategic round led by Animoca Brands. Source
• Metaverse blockchain tour Hydraverse closed $1.7m seed and private placement round with x21 Capital and others. Source