Crypto Daily Digest - May 13th

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