Observations:
Optimism: $15M in OP governance tokens stolen by attackers after they intended to send the funds to crypto market maker, Wintermute. Wintermute provided an incorrect address allowing 20M tokens to be stolen. Attackers sold 1M OPs and sent 1M to Vitalik Buterin - source - 2nd - 3rd
Ethereum devs announced that they successfully merged the Ropsten testnet’s POW chain and POS beacon chain. The mainnet merge is set to take place sometime later this year - source
ApeCoin DAO officially votes to remain within the Ethereum ecosystem instead of branching out to other chains for the mid-term future with a 53.59% majority vote. Yuga Labs originally proposed ApeCoin to move to its own blockchain - source
$HOP Protocol airdrop claimable soon - source
- Time moves differently in crypto. Crypto is an intricate game filled with various players operating across multiple time frames and with varying agendas. Day in, day out, the pieces are moving all across the board. Sometimes for the better and sometimes for the worse. Here’s a small glimpse of what has happened so far today in our little crypto bubble -
Crypto:
Attackers exploited Osmosis exchange for $5M and afterwards, FireStake validators admitted to their role in stealing $2M before stepping forward and voluntarily returning the funds - source - official
Arrington Capital has partnered with the Moonbeam Foundation for a $100M ecosystem fund for Polkadot’s EVM-compatible Moonbeam parachain - source
The plan to compensate creditors of the collapsed crypto exchange Mt. Gox has been approved, and payments of about $9B are set to go out in the coming months - source
VeChain has signed as a top-level UFC global sponsor worth nearly $100M across a minimum five-year deal period - source
Crypto market-maker, Wintermute, launches Bebop, a new DEX set to go live on Ethereum this summer - source
Chainlink Keepers and Chainlink VRF Go Live on Avalanche. The two integrations add to the security and functionality of applications, benefitting both builders and users - source
The 1inch Network has announced an integration with the derivatives platform Opium - source
Tether’s USDT, the world’s largest stablecoin by market capitalization, is now available on the Tezos proof-of-stake blockchain - source
Polygon USDC, a bridged version of the USDC hosted on Ethereum, will now be available for making remittances and withdrawals on Circle platforms - source
RenBridge 3.0 is live: comes with support for wrapping stablecoins and generic tokens to other chains, as well as support for bridging renASSETS from one chain to another in one step - source
Custodians are unable to move SOL in cold storage due to the durable nonce bug that took down Solana - source
ApolloX exploited and team spent $600k for an emergency repurchase of 12,748,585 APX tokens to be allocated towards fulfilling withdrawals of APX staking rewards - source
Aztec Network will update its Layer 2 rollup solution on Ethereum to a new version called Connect. The new update, which focuses on smart contract data privacy - source
TrueFi launches on Optimism, expanding access to on-chain credit - source
Equalizer Finance recovered the funds exploited from the vaults on Ethereum and BSC. Now the team is working on recovering the funds from the Polygon and Optimism chains - source
Symbiosis has announced a partnership with non-custodial wallet Opera Crypto - source
veBAL Flywheel: Aura Launch Timeline and Boosted Launch Pool - source
Morpho is live: a lending pool optimizer. Allows upgrades to positions on lending protocols such as Compound or AAVE with Peer-to-Peer liquidity - source
OceanONDA V4 Production: solved rug pulls in the datatoken pools, introduced data NFTs, expanded the options for the community to monetize, and more - source
NFTs/Metaverse:
U.S. satellite TV giant DISH launches a loyalty coin system built on Cardano blockchain - source
Cloud software giant Salesforce, revealed NFT Cloud, a platform to help brands and businesses mint and sell NFT assets - source
How Opensea plans to curb fraud and plagiarism - source
Lucky Crypto Launches First Metaverse NFT Slot Machine - source
News:
Digital Currency Group (DCG), a cryptocurrency investment firm founded by Barry Silbert, has launched a wealth management subsidiary - source
Jay-Z and Jack Dorsey Launch 'Bitcoin Academy' at Rapper's Childhood Home in Brooklyn - source
Raises:
Felix Capital, a venture capital company has raised $600M to invest in web3 and blockchain companies - source
Entropy, a decentralized crypto custodian, has closed its $25M seed round led by Andreessen Horowitz - source
Orderly Network Raises $20M for DeFi Infrastructure on Near Protocol - source
SuperTeam Raises $10M to Build Blockchain Sports Game - source
NFT price tracker Floor raises $8 million in Series A funding - source
Tatsumeeko, a Discord-first fantasy MMORPG, has completed a $7.6M seed funding round co-led by DeFiance Capital, Delphi Ventures and others - source
Ancient8 has raised $6M to accelerate the development of its GameFi infrastructure - source
Request Finance, a crypto payments startup, has raised a $5.5M seed round led by Balderton Capital and Animoca Brands - source
DAO management platform Samudai closes $2.5M pre-seed round. Some investors: FTX Ventures, Sino Global Capital - source
Recent private fundraising events among blockchain startups - source
Unlocks:
24H Gainers & Losers:
New Listings/Token Launches:
Coinbase will add support for Wrapped Ampleforth (WAMPL) and Index Cooperative (INDEX) on the Ethereum network - source
Impossible Finance has announced the fourteenth IDO — Aura Network Token Sale - source
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