Select observations of the day:
$36M in seized $JUNO tokens sent to an erroneous address on the blockchain where nobody has access. The plan is to move the funds to the Unity address via an already planned upgrade to the blockchain. Instead of simply making code improvements, this upgrade will now rewrite Juno’s ledger so that the stranded funds are reassigned to Unity - source
Azuki reveals Beanz - source
Defillama released APY dashboard - Tracking ~7k pools across 24 chains - source
Trisolaris 5pool, the first of its kind StableSwap with a base pool of 5 tokens and deep liquidity for leading decentralized stablecoins - $USN $UST $FRAX $USDT $USDC - source
Curve Finance integrates with Near’s Aurora Network. Near’s DeFi hub, Proximity Labs, will allocate up to $7.5 million in grants to Curve - source
Hop Protocol begins its journey to become core Ethereum infrastructure, operated and controlled by the community. 8% airdrop to early network participants. Over the next two weeks, accepting reports of Sybil addresses that have *not yet been uncovered*. The airdrop will take place once the two week period has ended and reports have been examined - source
Coinbase's NFT Marketplace gains less than 150 users on 1st Day open to the public. Platform still has less than 1,300 total users. Kraken also recently announced the launch of its own NFT platform - source
Theta Labs is teaming up with Sony to launch two types of 3D NFTs specially designed for use with the Sony Spatial Reality Display (SRD) which creates the sensation of solid 3D objects without any accessories - source
The U.S. Treasury Department has added cryptocurrency mixers to its sanctions list for the first time over North Korea's cyber activities - source
Plus more, as always. In times like this, it’s important to remember: Do not go gentle into that good night. Rage, rage against the dying of the light. Have a great weekend.
- 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:
Typo moves $36M in seized JUNO tokens to an erroneous address on the blockchain where nobody, neither team nor the Juno community, has access. The plan is to move the funds to the Unity address via an already planned upgrade to the blockchain. Instead of simply making code improvements, this upgrade will now rewrite Juno’s ledger so that the stranded funds are reassigned to Unity - source
Hop Protocol begins its journey to become core Ethereum infrastructure, operated and controlled by our community. 8% airdrop to early network participants - source
The official OpenSea Discord was hacked and posted a link to a phishing site in partnership with youtube - source
Defillama released APY dashboard - Tracking ~7k pools across 24 chains - source
Astar announced the newest feature toSubscan — EVM smart contract verification. This feature gives developers the power to verify their smart contracts - source
Luna Foundation Guard closed a $1B OTC swap with crypto prime broker Genesis for $1B worth of UST. It also bought $500M of bitcoin from Three Arrows Capital - source
New research published today shows that Uniswap Protocol v3 has deeper liquidity in ETH/USD, ETH/BTC and other ETH pairs than leading centralized exchanges - source
You can now bridge your NFTs to Aurora from 12 others chains thanks to Xp Network - source
ENS Mania Continues as Three-Digit Domains Hit 15 ETH Floor - source
Curve Finance integrates with Near’s Aurora Network. Near’s DeFi hub, Proximity Labs, will allocate up to $7.5 million in grants to Curve - source
Alameda Research has officially become the first member and whitelisted institution of TRON DAO Reserve which is building the algorithmic stablecoin $USDD - source
Nano facilitates the first-ever feeless crypto transactions inside the Houses of Parliament - source
Solana (SOL) Developers To Introduce New Fee System To Optimize Network - source
Bluesky, a Twitter-backed project to "develop an open and decentralized standard for social media," released its first bit of code, Authenticated Data eXperiment (ADX) - source
Vector Finance (VTX) TVL hits a record high as the Curve Wars shift to Avalanche - source
‘Smart Money’ Wallets Accumulate GAL and Decrease APE Holdings: Nansen Data - source
Introducing Trisolaris 5pool, the first of its kind StableSwap with a base pool of 5 tokens and deep liquidity for leading decentralized stablecoins - $USN $UST $FRAX $USDT $USDC - source
Paraswap announced they integrated GMX into their order routing system. Paraswap is a DEX aggregator that has processed $32 bn in trading vol since Dec 2020 - source
Covalent pledges $25M in funding to bring data verifiability to Web3 to build the world’s first proof-based data indexer with the launch of staking - source
Alchemix has expanded onto the Fantom network plus collaborations with BeethovenX, Spookyswap, and Spiritswap who will all be assisting in providing incentives - source
Forward Protocol integrated Chainlink Verifiable Random Function (VRF) on BNB Chain into their blockchain-based drag and drop, no-code-required, adoption-focused ecosystem - source
Order&Chaos is an algorithmic reserve currency protocol on Avalanche C-Chain, Avalanche‘s fast EVM layer - source
Introducing Fossil (previously known as the Starknet L2 Storage Verifier) as the latest additions to Oiler Network’s suite of products - source
Bifrost Staking Liquidity Protocol Goes Live, vKSM Becomes First Supported Asset - source
Everlend, a money market aggregator and optimizer for both deposits and loans, is live on Solana mainnet and now open for the public to use after 6 weeks of intensive testing and bug fixing of closed Alpha version - source
SeatlabNFT announced its token IDO on Skyward Finance launchpad from 24th-30th May - source
Drops DAO mainnet has officially launched. Users can now collateralize their NFT collections through lending pools bringing collateralized NFT loans and DeFi staking to the masses - source
Terraformer is soon releasing the first NFT aggregator on Terra - source
Optimism is live on Hashflow. Now you can swap easily between this low-cost, lightning-fast L2 & other EVM chains with MEV resistance & guaranteed execution -source
Nexus Protocol nexPRISM Lockdrop is live. Lock your $xPRISM for 1, 3, 6 or 10 months for your share of 25m $PSI tokens - source
Prism Protocol v2 Roadmap: pAsset Governance, Refracting New Assets, Expanding the reach of Limit Orders, Partnerships - source
veDAO: VelodromeFi - new AMM launching soon on Optimism - new details around the protocol's design and airdrop mechanics - source
Mushrooms Finance has officially deployed to the Ethereum Co-Chain Beta adding their DeFi vault to the CosmosEVM network, giving users sustainable and passive profits on a variety of assets - source
Dusk Network - latest additions, changes, and fixes made over the past 3 weeks, as well as development across repositories - source
$USN/ $USDC is now live for deposits, withdrawals, and trading on Spin - source
Nervos Network has announced the release of Mirana Protocol Upgrade, which will introduce various new features and major upgrades. The Blockchain will be upgraded at 01:00 UTC on 10 May 2022 - source
Metaverse News:
Azuki reveals Beanz - source
Coinbase's NFT Marketplace Gains Less Than 150 Users in First Day Open to Public. The once-anticipated platform still has less than 1,300 total users, according to Dune data - source
Theta Labs, operator of the blockchain-based video streaming platform Theta, is teaming up with Sony to launch two types of 3D NFTs specially designed for use with the Sony Spatial Reality Display (SRD) - source
Duelist King NFT Card Sale 3. V4 cards - source
ATEM Car Club Mint Information. 2384 ASTO, the mint is exclusively in ASTO - source
ILV: 45 — Illuvium Land Sale Commences June 2nd at 09:00 UTC - Dutch Auction - source
The Whiskers community wallet has been created and 526.6 Eth has been sent to a gnosis safe to be used for building out the Whiskers brand, and executing on plans for the future. All royalty payments have been diverted to this address as well - source
News:
US Court Orders BitMEX Founders to Pay $30M for Illegal Trading. The three co-founders, Arthur Hayes, Benjamin Delo and Samuel Reed, must each pay $10 million - source
Bankoff’s Crypto Wallets Nearly Empty After Virtual Debit Card Provider Folds. The company said Visa and Stripe cut it off for serving too many Russians, but on-chain data has stoked users' suspicions - source
Block, formerly known as Square, generated $1.73 billion worth of bitcoin sales via Cash App during 2022's first quarter - source
The U.S. Treasury Department has added cryptocurrency mixers to its sanctions list for the first time. BLENDER IO has been added to OFAC's SDN List - source
Argentina’s central bank reported that financial institutions in the country were banned from using cryptocurrencies to conduct and facilitate business - source
Swan Bitcoin Benefit Plan Helps Companies Reward Employees in Crypto. Early customers of the financial services company's program are providing monthly bitcoin bonuses of between $50 and $100 - source
Global diamond mining firm De Beers has launched a proprietary blockchain-powered platform to manage its diamond production and distribution - source
U.S. SEC charges Nvidia with 'inadequate disclosures' about impact of cryptomining - source
Cipher Mining, WindHQ Joint Venture Secures $46.9M Loan From BlockFi - source
Raises:
Haun Ventures, which has raised $1.5 billion for crypto investments, led a $50 million funding round in NFT platform Zora - source
Blockchain gaming startup InfiniGods raises $9 million in round led by Pantera - source
Cometh raises $10 Million to Boost Blockchain Adoption in Video Games - source
Gaming startup Untamed Planet raises $24 million in Series A funding from Animoca Brands - source
Blockchain gaming platform LootRush closes $12M seed round. The round was led by Paradigm with participation from Andreessen Horowitz (a16z) - source
Bitcoin.com announced that it has completed a private sale of $33,6M for the Bitcoin.com $VERSE token with participation from Digital Strategies, KuCoin Ventures - source
Global From Day 1 (GD1) recently said it had launched a $5 million Web3 and crypto-focused venture capital fund to back local startups - source
Ready Games Raises $3M to Bring Web 2 Gaming to the Web 3 World - source
Amber Group is raising again after securing $200 million in February - source
Some of the recent private fundraising events among blockchain startups - source
New Listings:
Biswap (BSW) & Fusion (FSN) will be listed on the KuCoin on May 6th - source
Gamium (GMM) Gets Listed on KuCoin on May 7th - source
Akash Network (AKT) Gets Listed on KuCoin on May 7th - source
FreshCut Diamond (FCD) Gets Listed on KuCoin on May 12th - source
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