Crypto Daily Digest - April 18th

TI Research

On April 18, NFT Project Moonbirds floor price rose to 20 $ETH. MetaMask suggests users turn off iCloud backups of app data to avoid theft of funds. $80 million stolen from Beanstalk Farms (protocol loss of about $182 million) has been laundered through Tornado.Cash. AC posts article on the rise and fall of crypto culture: the crypto industry needs regulation more than ever.

DeFi

  • Frax Finance provides over $250,000 for $veCRV voters who support the Fantom 4Pool. Source
  • Terra ecosystem Non-Custodial wallet leap airdrops 250,000 $LEAP to early adopters of the wallet. Source
  • Beanstalk Farms flash loans attack caused $182 million in protocol losses. Source
  • MetaMask recommends disabling iCloud backups of app data. Source
  • dForce announces cross-chain bridging tool dForce Bridge. Source
  • Data: Ukraine has received at least $100 million in crypto donations since the Russia-Ukraine war. Source
  • GnosisDAO's proposal to spin off Gnosis Safe and launch $SAFE token approved. Source
  • Whitehat hacker submits exploit to Mean Finance on ImmuneFi. Source
  • Nebula Protocol launch process pnitiated with airdrop live. Source
  • Lending protocol Yeti Finance mainnet is live. Source
  • PeckShield: Decentralized gaming platform Konstrukt is a honeypot. Source
  • The Ethereum Foundation announces Q1 2022 operations report. Source
  • Beanstalk Farms' stolen $80 million has been laundered through Tornado.Cash. Source
  • Multi-chain wallet BitKeep to host Polygon Consensus event in partnership with Polygon. Source
  • Currency.com confirms 'Failed' Russian cyberattack attempt. Source
  • FaceDAO: A wallet on the Ethereum was attacked and a large number of $FACE tokens were sold off. Source
  • DAPE Co-Founder: Users with Apple iCloud have already experienced phishing scams with their MetaMask wallets. Source
  • GitHub bans Russian developer accounts under US sanctions. Source
  • Andre Cronje: The rise and fall of crypto culture. Source

Policy & Regulation

  • Draft law regulating aspects of crypto taxation submitted to Russian parliament. Source
  • NFT investors owe billions in taxes and IRS sets sights on evaders. Source
  • Draft law regulating aspects of crypto taxation submitted to Russian Parliament. Source
  • It's a matter of when, not if, the SEC approves bitcoin spot ETF, says Grayscale CEO. Source

NFT

  • The Sandbox partners with creative content company Design Egg to launch virtual spaces and co-branded NFTs. Source
  • Hyundai Motor Group plans to launch a community-based NFT marketplace. Source
  • Luxury fashion brand Louis Vuitton introduces NFT rewards in its mobile app game. Source
  • NFT project Moonbirds floor price rises to 19.8 $ETH. Source
  • BreederDAO has partnered with over 300 gaming guilds including YGG and IndiGG. Source
  • Marni launches digital experience 'Wearweare'. Source
  • The NFT project Metaconz was attacked and lost 11.9 $ETH. Source
  • Report: The NFT market is growing more than the crypto market. Source
  • The NFT PFP project exceeded $10 billion in market value. Source
  • Blizzard president promises no NFTs following consumer survey that gauged interest. Source

Fundings

  • WonderFi Technologies plans to acquire Canadian crypto trading platform Coinberry. Source
  • Gripnr secures $2.5 million to bring tabletop roleplaying games to Blockchain. Source
  • Wombat exchange raises new funds in a strategic round investment led by Shima Capital. Source

NFT

Metamask

Security Incidents

Andre Cronje

DeFi

TI Research

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