Select observations from the day:
$182M drained in flash loan attack from Beanstalk becomes the second 9 figure DeFi exploit in a month
Terra's UST flips BUSD to become third-largest stablecoin
Andre Cronje - “Crypto culture has strangled crypto ethos”
That one Black Mirror episode comes to life: metaverse company, Somnium Space, to offer immortality through ‘Live Forever’ mode (AI to copy your actions and make a software copy of you)
Moonbirds blew up over the weekend rising to a 20 ETH floor. Attributed to well known reputation of founder Kevin Rose and prominent team
$GMT affectionately stands for get money token
Plus more, as always. Fresh week, fresh opportunities
- 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 -
Chain News:
Attacker Drains $182M From Beanstalk Stablecoin Protocol. The flash-loan attack becomes the second nine-figure DeFi exploit in a month, Hacker Donates 250K USDC to Ukraine - source
MetaMask warns Apple users over iCloud phishing attacks where if an Apple user has enabled automatic iCloud backups of their MetaMask wallet data, their seed phrase is being stored online - source
Terra's UST flips BUSD to become third-largest stablecoin - source
Monero v15 Upgrade Scheduled for July, Community Tries to Coordinate XMR ‘Bank Run’ - source
Bitcoin average transaction fees lowest in two years at $1.04. The average BTC transaction fee saw a steady decline from an all-time high of $62.788 in April 2021 - source
BreederDAO Forms Partnerships with 300+ Gaming Guilds - source
The Ethereum Foundation disclosed its financial report: As of March 31 2022, the EF’s treasury was approximately $1.6 Billion. About $48 million was spent in 2021, of which $21.8 million was spent on L1 R&D - source
Algorand Commits $15M Over 5 Years to Environmental Nonprofit Climate Ride - source
The Algorand Foundation on Thursday, April 21, will darken Times Square to exhibit its dedication to sustainability. The ad spend is pegged to Earth Day - source
Crabada Idle-Game Update — Looting Point System - source
BENQI Liquidity Mining on KyberSwap Continues with ~1.7M in QI & KNC Rewards - source
Yeti Finance mainnet live - source
Kinetic Money is live - source
Introducing Koba - building an all-inclusive crypto investment management platform on chain - source
Introducing LUX-SOR: Stable Money - source
Rainmaker Games (RAIN) has partnered with Monkey League (MBS) - source
Bashoswap - DEX on Cardano - source
Fountain Protocol, a Decentralized Cross-chain lending protocol powered by Oasis, Adds GemKeeper LP Tokens as Collateral - source
New Launchpad Titan Maker is set to bring the first merit-based IDO system to the Cronos chain - source
Solend, Katana, and Zetamarkets Bring cSOL Vaults to Market - source
Argo Finance will be bringing liquid staking on Cronos after launching the $ARGO token on April 28 - source
PsyFinance Announces the Serum Vault - source
Big Time Readies Early Access for Gold VIP Pass Holders - source
Introducing dForce Bridge, a cross-chain bridging tool facilitating instant and low-cost transfer of $USX and $DF across blockchains and layers deployed with dForce protocols - source
Croge, the first memecoin on Cronos chain, launches a hunting P2E game and hints at a new NFT collection - source
Degis announces strategic partnership with MEXC Global. MEXC Global will support Degis to leverage its extensive network of blockchain communities and retail investors, with assistance in advisory services towards marketing strategy and accelerating community growth - source
Metaverse News:
Luxury fashion brand Louis Vuitton - PFP-inspired NFT rewards in its stand-alone mobile app game Louis: The Game - source
David Beckham Tapped by DigitalBits Blockchain to Be Global Ambassador and will also launch a series of NFTs and blockchain-based digital assets on DigitalBits - source
Metaverse Company, Somnium Space, to Offer Immortality Through ‘Live Forever’ Mode(AI to copy your actions and make a software copy of you) - source
Moonbirds blew up over the weekend rising to a 20 eth floor. Attributed to well known reputation of founder - source - explanation
Tiny Colony, a Solana based blockchain gaming project, issued their first ever game development update that their Base Builder Construction and Management game mode is now in it’s production phase - source
Cool Cats NFT Drops a Bombshell with Cooltopia Launch - source
Air Europa has joined forces with TravelX and Algorand to release the world’s first NFT flight ticket series to Miami - source
The Sandbox, FlickPay Announce Interoperable NFT Collection by End of 2022 - source
News:
Crypto platform WonderFi Technologies intends to buy Canadian crypto trading platform Coinberry for $30.6 million - source
Iran to stiffen penalties for illegal use of subsidized energy in crypto mining. The fines will reportedly triple compared to current rates. The move marks another step in the tightening of mining regulation in the country that had faced energy shortages in recent years - source
Github has reportedly blocked more than a dozen accounts of Russian developer's associated with organizations sanctioned by the United States government - source
An energy company in Thailand owned by billionaire Sarath Ratanavadi announced investments in Binance.US and BNB tokens - source
Raises:
NFT based fantasy MMORPG, Elumia closes funding rounds led by Alameda Research and Animoca Brands - source
Crypto wallet startup Dfns raised $13.5M in seed funding. White Star Capital, Hashed, Susquehanna, Coinbase Ventures, 6th Man Ventures are among investors - source
Fasset, a cryptocurrency trading platform, raised $22 million in a Series A funding round that it will use to develop new products and expand its digital asset-driven remittance services in Asia - source