Crypto Daily Digest - March 8th
The Sandbox has teamed up with The World of Women NFT project to launch "WoW Foundation," the foundation will receive $25 million in funding , with the money going towards education and mentorship to increase female participation in Web 3 and the metaverse.
DeFi
- Aave, the decentralized lending protocol, has launched a community proposal vote to add TerraUSD ($UST) to Aave v2. Source
- Tether has replenished 1 billion $USDT inventory on Tron Network. Source
- Coinbase to label some assets as "Experimental" in bid to boost transparency. Source
- The Boba Network hybrid computing solution for Layer 2 scaling solution is now running on the Ethereum mainnet. Source
- Sense Finance, a fixed-rate income protocol, announced that it is launching on Ethereum mainnet by next week. Source
- Bastion, a decentralized lending protocol, is live on Aurora mainnet. The protocol will initially support $ETH, $NEAR, $USDC and $USDT. Source
- DEX DeversiFi has launched the Arbitrum cross-chain bridge. Source
- Hxro Network has released the white paper on its core protocol. Source
- Evmos, the Cosmos EVM network, tweeted that Evmos will not be live for at least the next few days based on community feedback. Source
- BadgerDAO is now available on Fantom, with five new Fantom Vaults deployed in the Solidly / Solidex / WeVe ecosystem. Source
- Bain Capital is launching a $560 million crypto fund to invest in crypto-related research. Source
- Yield Guild Games (YGG) has reached a milestone in terms of new scholars for the Axie Infinity platform and various other P2E games. Source
- DexGuru DAO has announced the start of the Bootstrap phase. Source
- Biconomy is now live on Moonbeam Network. Source
- Binance announces that from 9 March 2022 at 21:00 UTC, all transactions initiated with Mastercard and Visa cards issued in Russia will be unavailable on Binance. Source
- DeFi Saver launches modular automation strategy that allows execution of liquidation protection with yield mining funds. Source
- The UK FCA is preventing Binance and Econex from working together. Source
- European Commission will vote on crypto regulation MiCA on March 14. Source
- Korean e-commerce giant TMON will issue cryptocurrency Tmon Coin. Source
NFT
- NFT marketplace aggregator gem.xyz is now integrated with LooksRare. Source
- Three Ukrainian media outlets Ukrainska Pravda, Novoye Vremya, and Hromadske are partnering with NFT platform Vault to raise $1 million via NFTs. Source
- The Sandbox and the women-themed NFT project World of Women (WoW) have recently entered into a partnership. Source
- 3 Doge original photos NFT sold for 420.69 ETH. Source
- Adobe's Behance adds support for Solana NFTs. Source
- The South China Morning Post (SCMP) has announced the launch of Hong Kong’s landmark Star Ferry Pier in The Sandbox metaverse. Source
Fundings
- Space Runners, a metaverse fashion brand, closed a $10m seed round led by Polychain and Pantera Capital. Source
- Espresso Systems, a scaling and privacy system for Web 3 applications, closed a $32m round of funding led by Greylock Partners and Electric Capital. Source
- Bain Capital is launching a $560 million crypto fund to invest in crypto-related research. Source
- Neobank Canza Finance closed a $3.27m seed round led by Fenbushi Capital. Source
- Web 3.0 data infrastructure startup BlockVision closed $5m in funding led by Shima Capital and others. Source
- Liquidity services protocol Deliq Finance closed $2.1m financing round with LD Capital and others. Source
- Gamepay, a P2E gaming platform, closed $1.2m in funding with participation from Seier Capital and 8i Holdings. Source
- VanEck will launch VanEck Gold and Digital Assets Mining ETF. Source
- Tiger Global partners commit $1 billion for early-stage tech funds. Source
- Griffin Gaming Partners raises $750m fund with eye on Web3. Source
- Venture capital OP Crypto's fund OP Ventures Fund I closes $50m round with participation from Bill Ackman. Source
Metaverse
NFT
PFP
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