Crypto Daily Digest - May 18th

DeFi

• Aave's social media project Lens Protocol has gone live on Polygon. Source
• Upbit releases MetaMask signature anti-phishing precautions. Source
• The Terra Builder Alliance launched a united proposal for the vision of the new Terra 2.0 chain. Source
• Microsoft warns of cryware info-stealing malware targeting crypto wallets. Source
• Korean investors of $Luna and $UST plan to petition court to seize Do Kwon's property. Source
• Korean law firm LKB & Partners to sue Terra founder Do Kwon. Source
• $LUNC on BNB Chain suspected to be a honeypot. Source
• Argo Blockchain Q1 net income plunges 90% to $2.1 million. Source
• Terraform Labs' legal team resigns after UST collapse. Source
• Robinhood is launching DeFi wallet to rival metamask. Source
• Ledger is adding browser extension to connect hardware wallets to Web3 Apps. Source
• Optimism launches Optimism Foundation with focus shifting to Citizens' House next. Source
• Binance will perform wallet maintenance for multiple networks on May 19. Source
• NEAR community proposes to reduce the gas floor price on the NEAR network. Source
• Enterprise-grade liquid staking protocol Alluvial backed by Coinbase Cloud and Figment. Source
• THORChain calls Terra liquidity providers to remove liquidity before fork. Source
• Fireblocks launches Web3 engine to offer developers a suite of tools. Source
• Gitcoin will deploy on Fantom mainnet with grants program delayed. Source
• Chiliz Scoville testnet phase 2 is now live. Source
• Chain Game Gala Games will suspend access to the platform for Korean IPs. Source
• Nansen acquires DeFi investment tracker Ape Board for undisclosed eight-figure sum. Source
• Cosmos founder's new project Gno Land will have an airdrop snapshot on May 20. Source
• Coinbase is partnering with ENS allowing people to claim ENS id within Coinbase Wallet. Source

Policy & Regulation

• At least 8 Canadian politicians now own Bitcoin and crypto. Source

NFT

• Dubai Future Museum to launch NFT collection in partnership with Binance NFT. Source
• Everipedia team purchases BAYC #9965 through the community's BrainDAO. Source
• American Actor SethGreen's NFTs Were Hacked. Source
• ApeCoin migration draws interest from Avalanche, Flow. Source
• PeckShieldAlert tweeted that several NFT Discord channels, including Moonbirds, RTFKT and PROOF, have been compromised. Source
• Getty images to launch NFTs through Candy Digital. Source

Fundings

• Gaming short video platform FreshCut closed $15 million round led by Animoca Brands and others. Source
• a16z has launched a $600 million fund dedicated to gaming startups. Source
• Fanhouse, a content creation platform, has closed a $20 million Series A round of funding led by a16z. Source
• Web3 Media Company Tally Labs raised $12m in seed round led by a16z. Source
• Hackathon organizer DoraHacks raised $20m in a funding round co-led by FTX Ventures and Liberty City Ventures. Source
• Web3 accelerator Seed Club closed $15 million funding round with participation from Multicoin Capital and others. Source
• BitKeep, a Web3 crypto wallet, closed a $15 million Series A round at a $100 million valuation led by Dragonfly Capital. Source
• QuestBook raised $8.3m in Series A with participation from likes of Coinbase Ventures and Alameda Research. Source
• Algoracle, a network of decentralized prophecy machines, closes $1.5 million in funding led by Borderless Capital. Source
• UBet, a decentralized sports prediction market, raises $2.7m capital. Source
• Crypto management firm Ikigai raises $30 million for web3-focused venture fund. Source