Crypto Daily Digest - June 2nd

DeFi

• Fixed rate lending protocol Yield Protocol announces Arbitrum Odyssey rules. Source
• Velodrome has been live officially with airdrop claim channel open for users. Source
• Balancer Protocol launches on Optimism. Source
• Ethereum Layer 2 Boba Network integrates with Fantom and Moonbeam. Source
• Gemini slashes staff 10% on crypto slump. Source
• Visa and Kenya’s Safaricom launch virtual card. Source
• CZ will be speaking at the Point Zero Forum. Source
• First crypto ETFs in Australia see trading evaporate. Source
• Bitcoin miner Riot Blockchain names its Head of Corporate Operations as new CFO. Source
• $OP drops to $1.1707, down 34.45% in 24H. Source
• $StarMan on BNB Chain appeared rug pull. Source
• Binance Futures has completed the scheduled Coin-Margined futures trading system upgrade. Source
• Stargate releases $OP token airdrop update proposal. Source
• Poly Network announces the integration of the Kava Network. Source
• Web3 developer platform Alchemy expands to the Solana ecosystem. Source
• Number of addresses holding coins above 1 BTC reached an ATH. Source
• Gitcoin will launch Grants Round 14 on June 8th. Source
• AnonPay on BNB Chain appeared Rug Pull. Source
• Ethereum Layer2 scaling Immutable X launched the open-source core SDK. Source
• Binance has been in contact with Solana team to help resolve the durable nonce issue. Source
• Non-custodial AMM Voltz Protocol's Alpha Launch has been live on mainnet. Source
• GFX Labs will launch Interest Protocol on Ethereum on June 13th. Source
• Multichain integrates with BNB Application Sidechain. Source
• Terra based DEX Phoenix Finance and Leap Wallet announced their strategic partnership. Source
• Liquid staking protocol Stader launches $LunaX at 14:00 UTC on June 2nd. Source
• Genesis contributes $75m to Maple Finance's Solana based lending platform. Source
• Solana restarts after more than four hours outage. Source
• Terraform Labs caught moving $4.8M through shell company. Source

Policy & Regulation

• Japan's PM is open to improving the country's crypto tax laws to develop Web3 economic growth. Source

NFT

• Immutable X launches 6 weeks NFT trading bonus campaign. Source
• Kanye West filed 17 applications for NFT related trademarks. Source
• The minimum listing price on Binance NFT has been raised to 0.1 $BUSD. Source
• Former product manager at OpenSea was charged with insider trading. Source

Fundings

• Venture capital firm Canonical Crypto launches $20 million crypto fund. Source
• Data analytics platform Laevitas closed a $2.5M seed round co-led by Three Arrows Capital and others. Source
• Philippines' first Blockchain digital peso bond offering raises $209m. Source
• Meditative metaverse app Tripp closes $11.2 million round with participation from Amazon Alexa Fund, Qualcomm and others. Source
• Blockchain startup Gaudiy closes approximately $19.22 million in Series B funding with participation from SBI and Bandai Namco. Source