Crypto Daily Digest - May 23rd
DeFi
- Goldman Sachs says DeFi’s interconnections can increase systemic risk. Source
- CoinDesk relaunches social token into the wild. Source
- eBay partners with OneOf to launch its first NFT collection. Source
- French luxury brand Balenciaga to accept crypto payments In U.S. Source
- PeckShieldAlert: Users should be wary of fake $LUNA burning addresses. Source
- OKLink has added Solana Blockchain Browser. Source
- GameStop rolls out MetaMask-like Ethereum wallet to support NFT marketplace. Source
- Solana based launchpad Solanium launches Solanium Swap. Source
- Crypto startup Stader Labs lost 40% of its money due to the Terra incident. Source
- Do Kwon says users not advised to burn $LUNA tokens. Source
- Avalanche loses $60m in Terra's crash. Source
- Terra Name Service is migrating .ust domain to Terra 2.0. Source
- Cosmos based lending protocol Coslend launches beta version on Evmos mainnet. Source
- Evmos Name Service will launch testnet on June 15. Source
- Liquid staking protocol Stader will take snapshot on May 26th and migrate $SD to Ethereum. Source
- Terra's proposal to re-enable IBC passed but failed to execute. Source
- Retrograde will let community choose which chain to migrate to. Source
- MetaMask is looking for a product marketing manager and may launch tokens. Source
- Otherdeed will provide a technical demonstration to holders on July 16. Source
- The number of addresses holding at least 1 Bitcoin has reached a new all-time high of 844,906. Source
- BNP Paribas joins JPM's blockchain network Onyx for fixed income trading. Source
- THORChain will cease all THORFi development to focus on Layer1 DEX. Source
Policy & Regulation
- RBI Governor hints at announcing an interest rate hike in the next monetary policy meetings. Source
NFT
- Targeted phishing scam nets $438k in crypto and NFTs from hacked Beeple account. Source
- PeckShieldAlert: The Facture official discord was attacked with 455 $SOL lost. Source
- NFT project Moonbirds is airdropping Moonbirds Oddities to their NFT holders. Source
Fundings
- Metaverse App BUD closed a $36.8 million Series B funding round led by Sequoia Capital India. Source
- Crypto Valley Venture Capital launches African Blockchain early-stage fund. Source
- Element Black, a metaverse infrastructure company, closes $1.6 million in funding with participation from Boxmining and others. Source
- Crypto bank Protego Trust Bank is raising Series B funding at nearly $2 billion valuation. Source
- Korea's RECON Labs raises $4.4 million for 3D-AR shopping visualization. Source
- Cypher Capital will invest $5 million in the Ocean Protocol eco-project. Source
- GEMS secures 50m investment commitment from GEM. Source
NFT
Social
Wallet
Cosmos
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