Crypto Daily Digest - June 6th

DeFi

• Balancer Yield Management Platform Aura Finance Will Conduct LBP on June 9th UTC. Source
• Binance served as a conduit for laundering at least $2.35 billion in illicit funds in the last five years. Source
• Ethereum has seen its biggest amount of one-day liquidations in three years. Source
• Andre Cronje dismisses comeback DeFi rumors. Source
• Solana releases mainnet beta outage report. Source
• DeFi Protocol dForce proposes to distribute $OP as incentive. Source
• Terra community members launch new proposal for 0.5% emergency $LUNA allocation. Source
• Number of addresses holding coins above 0.01 BTC reached an ATH. Source
• Binance Futures will launch BUSD-margined $DOT perpetual contract on June 8th. Source
• Tim Beiko tweeted that there will be two more testnets to transition before mainnet Merge date can be decided. Source
• BadgerDAO attackers begin transferring Bitcoins. Source
• Elrond based DEX Maiar is under maintenance after suspicious activities happened. Source
• Dogecoin announced the v1.14.6 release plan, which will fix potential vulnerabilities and upgrade the Dogecoin Core wallet. Source

Policy & Regulation

• Indian Holders of Luna 2.0 token could face tax of as much as 30%. Source
• The Federal Trade Commission has labeled social media and crypto a “combustible combination for fraud”. Source
• The Bermuda government is pushing on with its ambitious cryptocurrency plans. Source
• Ant Group launches digital bank in Singapore. Source
• The Mayor of Gold Coast, Australia, has suggested that cryptocurrency could be used by residents to pay local taxes. Source

NFT

• NFT project Aiternate's discord has been compromised. Source
• BAYC contract has a private key that can mint an infinite number of new OG BAYC at any time. Source
• MG Motor India launches car-themed metaverse MGVerse. Source
• Solana based Move-to-Earn game Walken will launch public beta on June 7th. Source
• Bubbleworld's Discord is compromised with 160 NFTs stolen. Source
• Premier League filed two trademark applications for NFT and digital assets. Source
• Epic Games Store's first NFT game is Gala’s wild west shooter Grit. Source
• CryptoPunk #3825 may have traded at 0.1 ETH due to an error, after previously trading at 80 ETH. Source
• Canadian disabled inspirational singer Kiesza launches NFT collection "MetaMoves". Source

Fundings

• Binance Labs makes strategic investment in PancakeSwap. Source
• Animoca Brands holds $1.5b in crypto and blockchain gaming assets across 340 investments. Source
• Education metaverse platform Learnoverse raises $1 million with Mistletoe and others. Source