Crypto Daily Digest - April 2nd

TI Research

PeckShield tweeted that DeFi protocol Inverse Finance was hacked and lost 4,300 $ETH, worth nearly $15 million, of which the attackers have now transferred 1,300 $ETH into Tornado Cash.

DeFi

  • PeckShield: DeFi protocol Inverse Finance was hacked. Source
  • Terra community proposal to create 4pool curve pool. Source
  • Aave community proposes adding $stMATIC as collateral to Aave V3 Polygon marketplace. Source
  • Abracadabra launched $mSPELL staking. Source
  • Public chain Phantasma was hacked and the team will deploy new token contracts. Source
  • Some tide off-white stores now support crypto payments like Bitcoin. Source
  • The Argentine Senate has introduced a new bill proposing tax on cryptocurrency held abroad by the country's citizens. Source
  • DeFi lending protocol Alchemix launched new migration tool. Source
  • LayerZero Labs will launch a vulnerability bounty program with Immunefi for up to $15 million. Source
  • Crypto bridge Wormhole seeks $2.5 billion price tag in private token sale. Source
  • Vitalik Buterin posts in support of Bitcoin maximalism: Bitcoin is a powerful asset worth holding. Source
  • Interoperability on Manta Network and Moonbeam — successful XCM deployment on testnet. Source
  • Kraken now supports instant lightning network BTC transactions. Source
  • Tezos launched an upgrade to Ithaca 2 that will introduce a new consensus mechanism called Tenderbake. Source
  • Indonesia will levy VAT and income tax on crypto transactions from May. Source
  • Bitcoin miner PrimeBlock plans to go public with $1.25b SPAC merger. Source
  • SEC rejects Spot Bitcoin ETF application from Ark 21Shares. Source
  • Goldman Sachs to launch crypto services to high net worth clients in Q2, 2022. Source
  • CME Group is considering altcoin futures on Solana and Cardano. Source
  • DeFi Protocol StaFi Q2 Roadmap: Improving StaFi Open Architecture, Developing Pledge Infrastructure, Designing Token Economy. Source
  • Ronin has replaced the compromised authentication node and will enhance security. Source

NFT

  • NFT platform Origin Protocol has submitted a new proposal to distribute origin story platform revenue to $OGN stakers. Source
  • Rapper Snoop Dogg has dropped a new music video in The Sandbox. Source
  • Ukraine raises $600,000 through museum NFT sales to rebuild cultural institutions. Source
  • Japanese telecom company NTT DoCoMo launched XR World, a metaverse platform. Source
  • Jay showed off his Azuki NFT on Instagram. Source
  • Founder of Silk Road, Ross Ulbricht, will release a second NFT. Source
  • STEPN earns more than $26 million in the first quarter, all of which will be used for GMT buybacks and destroyed. Source
  • The official website of SHIB's metaverse has been launched and the interactive map will be available in the upcoming days. Source

Fundings

  • Solana NFT marketplace Fractal closes $35m seed round led by Paradigm and Multicoin Capital. Source
  • NFT lending platform AFKDAO closed seed funding round with participation from DFG and others. Source
  • NFT platform Dank Bank closes $4,206,900 Pre seed round with participation from Samsung NEXT and others. Source
  • GameFi platform GEMS closes $5m funding round with Project Seed and others. Source

DeFi

Lending

Security Incidents

TI Research

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