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Crypto Daily Digest - May 13th

TI Research
Crypto Daily Digest - May 13th Source: Terra

On May 13th, $LUNA circulation supply added over 30 billion pieces. Venus Protocol lost over $10 million as Chainlink paused $LUNA price feed. Blizz Finance depleted protocol assets by attackers as Chainlink paused $LUNA price feed. Do Kwon proposed a terra revial plan with 1b new $LUNA and its distribution plan.

Table of Contents
  1. DeFi
  2. NFT
  3. Fundings

DeFi

  • DeFi TVL on Terra has fallen to $840 million. Source
  • Do Kwon proposed a terra revial plan with 1b new $LUNA and its distribution plan. Source
  • USDN-3pool on Curve is now imbalanced with 93.68%. Source
  • Coinbase stock rose nearly 9%. Source
  • Outlier Ventures and Polygon announce second accelerator program. Source
  • Changpeng Zhao expressed his disappointment with how this incident was handled by the Terra Team. Source
  • $Luna Dao on BNB Chain appeared rug pull. Source
  • Venus Protocol lost over $10 million as Chainlink paused $LUNA price feed. Source
  • Binance Futures delisted USDT-Margined ANC perpetual contract. Source
  • Blizz Finance depleted protocol assets by attackers as Chainlink paused $LUNA price feed. Source
  • GAM Holding dismisses story of negotiation with Terra. Source
  • Twitter stock drop over 18% as Elon Musk says $44b acquisition deal 'Temporarily on Hold'. Source
  • Terra community proposed to re-launch Terra and issue new $LUNA. Source
  • Lido Finance will deploy new stETH/wETH pool with 1m $LDO in incentive. Source
  • BitMEX founder Arthur Hayes: I am a buyer at Bitcoin $20,000 and Ethereum $1,300. Source
  • Decentralized exchange Hashflow announces $HFT tokenomics. Source
  • First Polkadot cross-chain connection launched between Moonbeam and Acala using XCM. Source
  • Shockwave Alpha mainnet upgrade is complete. Source
  • SBF acquires a 7.6% stake in Robinhood. Source
  • Upbit will delist $LUNA on May 20. Source
  • Maker said all $Dai is overcollateralized. Source

NFT

  • Terra based blockchain game platform C2X will switch their mainnet into another one or establish their own mainnet and sidechains. Source
  • The Doodles Airdrop dooplicator campaign has officially launched. Source

Fundings

  • Polkadot ecosystem derivatives exchange Satori closes $10 million round led by Polychain and Blockchange. Source
  • Bitcoin Lightning Network company Lightspark closed new funding round led by a16z, Paradigm. Source
  • Solidus Labs, a crypto market monitoring company, closed a $45 million Series B round led by Liberty City Ventures. Source
  • Crypto startup Belo closes $3 million seed round with participation from CRV and others. Source
  • Token.io closes $40 million in funding led by Cota Capital and TempoCap. Source
TerraStablecoins
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