Crypto Daily Digest - March 9th

TI Research

Avalanche Foundation announces $290 million Avalanche Multiverse Incentive program with 4 million $AVAX grants to spur Subnet growth.


  • Avalanche Foundation announces $290 million Avalanche Multiverse Incentive program. Source
  • Goldman Sachs is offering Galaxy Digital‘s ETH funds to interested clients. Source
  • FTX will list IndiGG ($INDI) at 14:00 UTC on March 10th. Source
  • DeFi Kingdoms launches its Subnet DeFi Kingdoms Blockchain (DFK Chain). Source
  • BNB Chain announced hackathon with $10m prize. Source
  • Balancer launches a vote on a new proposal to refund additional $wstETH collected to liquidity providers. Source
  • Olympus DAO bonded marketplace Olympus Pro now expands to Optimism. Source
  • Evmos upgrade failure analysis report: core team upgrade too fast to cause the failure. Source
  • Liquidity staking protocol pSTAKE entered the Cosmos ecosystem via IBC. Source
  • has now restricted access to its lending products to users in 41 countries. Source
  • Wormhole now supports the Fantom network. Source
  • Astroport launches a community proposal to upgrade the bLUNA-LUNA pool. Source
  • Kava Network has gone live with Ethereum Co-chain Alpha in beta. Source
  • EGL has announced its shutdown and will return all staked $ETH. Source
  • Biden asked the entire official staff to conduct an assessment of the risks and pros and cons of crypto assets and technology. Source
  • The U.S. Treasury Department plans to launch a crypto education initiative. Source
  • Polymesh offers $25m in developer grants to Kick-Start security token projects. Source
  • Musk mentioned Bitcoin creator Satoshi Nakamoto in a social media posting. Source
  • Oracle solution Pyth Network has partnered with Wintermute. Source


  • The Sandbox Alpha Edition Beta S2 is live on the macOS. Source
  • Peer-to-peer file sharing platform LimeWire to relaunch as NFT marketplace. Source
  • Ledger launches hardware NFT wallet and opens pre-orders. Source
  • BAYC Whale n0b0dy.eth Buy BAYC #3666 for 250 ETH. Source


  • AngelList Venture closed a $100m round of funding at a $4b valuation led by Tiger Global. Source
  • WalletConnect closed $11m series A funding round with Coinbase Ventures and others. Source
  • Web3 infrastructure startup EthSign closed $12m in funding with Sequoia Capital and others. Source
  • Blockchain game Ascenders closed a $6.4 million private round led by Three Arrows Capital. Source
  • Metaverse fashion company UNXD closed a $4m round of funding led by Animoca Brands. Source
  • DeFi derivatives protocol Cega Finance closed a $4.3m seed round led by Dragonfly Capital. Source
  • KurateDAO, the Web3 content database, closed a $6.85m seed round led by Polychain Capital. Source
  • Bitcoin miner Blockmetrix closed $43 million Series B funding round. Source
  • Kado, a stablecoin payment infrastructure provider, closed $5.4 million seed round led by Hashed. Source



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