Crypto Daily Digest - April 7th

TI Research

The Luna Foundation Guard (LFG) announced it will acquire $100M of $AVAX from the Avalanche Foundation to bolster its $UST Decentralized Forex Reserve. At the same time, TFL, the company supporting development of the Terra blockchain, has executed a $100 million LUNA to AVAX token swap to "strategically align ecosystem incentives". Several more Terra-native DeFi protocols are also under consideration for a cross-chain expansion to Avalanche. In addition, Terra and Avalanche will be collaborating on a new gaming subnet.


  • Luna Foundation Guard will acquire $100 million $AVAX to increase stablecoin reserve. Source
  • Meta plans to introduce virtual currency in its app. Source
  • Mobile payment platform Cash App supports users converting deposits to bitcoin. Source
  • NFL Tennessee Titans announce they will support Bitcoin for payments. Source
  • Arbitrum announces the launch of Nitro Devnet. Source
  • Grayscale adjusts crypto asset exposure in diversified funds. Source
  • Tokemak to update token $TOKE release rules. Source
  • Cross-chain bridge protocol Multichain proposes new governance token $veMULTI. Source
  • Multisignature wallet Gnosis Safe alerts users that no tokens have been issued. Source
  • Coinbase starts offering crypto trading services to users in India. Source
  • Perpetual Protocol presents a proposal to update its token mechanism. Source
  • Decentralized options protocol Dopex goes live on the OTC portal. Source
  • Singaporean cross-border payments company Nium offers crypto payment solutions for businesses through a partnership with BitPay. Source
  • Binance: Suspension of Solana ($SOL) withdrawal service due to network issues. Source
  • The hackers who attacked Ronin transferred over 2,000 ETH to the new address, 1,800 of which were transferred to Tornado.Cash. Source
  • Crypto lending platform Nexo launches Prime brokerage services. Source
  • Bakkt inks deal to offer bitcoin, ether buys and sells to American Bank customers. Source
  • ProShares has filed with the SEC to launch an ETF that bets against the performance of bitcoin futures. Source

Policy & Regulation

  • US SEC Chairman: Will work with CFTC on a new plan to regulate crypto trading platforms. Source
  • SEC approves Teucrium Bitcoin futures ETF. Source
  • Mexican senator Indira Kempis to propose legislation to make bitcoin legal tender in Mexico. Source


  • Azuki #3602 sold for 275 $ETH, setting the second price record in the series. Source
  • Immutable X launches developer incentive program. Source
  • Tom Brady partners with ESPN for personal documentary themed NFT. Source
  • Axie Infinity Origin version officially available. Source
  • Animoca Brands enters into a strategic partnership with metaverse gaming platform MOBOX. Source
  • P2E game Nyan Heroes is now live on OpenSea. Source
  • frankfrank NFT series floor price rises to 1.25 $ETH, up 651.83%. Source
  • Ubisoft announced that it has ended Ghost Recon Breakpoint development and will no longer provide content updates and NFTs. Source
  • Amethyst Social Platform and Monroe Estate Management collaborate to cast Marilyn Monroe image NFT. Source
  • Paramount Global will build the Star Trek NFT market. Source


  • HBAR Foundation announced the launch of the $250 million Metaverse Fund. Source
  • CertiK, a blockchain security company, has closed an $88 million round of funding led by Tiger Global and others. Source
  • The esports tournaments platform Community Gaming (CG) has closed a $16 million Series A round of funding led by SoftBank. Source
  • Metaverse technology company Improbable has closed a $150 million round of funding led by a16z and SoftBank Vision Fund. Source
  • Social network Taki closes $3.45M seed round with Coinbase Ventures and others. Source
  • Bolt Financial to acquire Wyre Payments for about $1.5 billion. Source
  • Esports competition platform Community Gaming (CG) closes $16 million Series A round led by SoftBank. Source
  • Financial trading platform eToro to launch $20 million fund to invest in blue-chip NFT project. Source
  • GOGO Protocol Raises $2 Million to Strengthen User-Friendly DeFi Protocols. Source
  • Pantera Capital sets out stall to raise new $200 million fund. Source
  • Unifimoney raises $10m for digital wealth management platform. Source
  • Coin Metrics closes $35 million Series C funding round with Acrew Capital and Bank of New York Mellon led the round. Source
  • The startup, Aspen Digital, plans to raise a Series A round in the third quarter or so this year. Source
  • Blockchain infrastructure company SenseiNode closes $3.6 million seed funding round. Source
  • Web3 gaming community platform Iskra closes $34 million in funding led by Krust Universe. Source



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