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Crypto Daily Digest - May 30th

TI Research
Crypto Daily Digest - May 30th

On May 30th, Anchor Protocol lost $800,000 due to oracle bug after Terra 2.0 launched. Hop Protocol: Authereum users have until June 2 to resubmit their claim address. Binance will list Terra 2.0 ($LUNA) in the Innovation Zone at 2022-05-31 06:00 (UTC). Moonbirds identified a bug in its Nesting Contract. Ethereum 2.0 client Lighthouse launches V2.3.0, which fixes block reorganization issues.

DeFi

  • Binance will list Terra 2.0 ($LUNA) in the innovation zone on May 31. Source
  • Anchor Protocol got exploited with launch of Luna 2.0, user makes "free" $800,000. Source
  • Hop Protocol: Authereum users have until June 2 to resubmit their claim address. Source
  • Evmos started issuing token staking rewards. Source
  • Lending protocol Yeti Finance launches Aave 3CRV LP token a3CRV deposit service. Source
  • Cross-chain protocol Stargate will launch $ETH cross-chain liquidity pool and offer incentives. Source
  • PeckShieldAlert: MetaMask DAO is a honeypot. Source
  • DeFi lending protocol Cream Finance attacker transfers about 6 million $DAI. Source
  • Binance Futures will launch BUSD-margined 1,000 LUNC perpetual contracts with up to 20X leverage. Source
  • THORChain releases updates to Terra liquidity provider. Source
  • LUNAv2 on BNB Chain appeared rug pull. Source
  • DDOS attack on Shardeum Liberty Testnet. Source
  • Multichain is working on the integration with ReefChain. Source
  • SushiSwap joins Kava Rise Program with a combined $14M allocation. Source
  • pSTAKE announced that its $ETH liquid staking is live on mainnet. Source
  • Crypto exchange KuCoin announced partnership with Pyth Network. Source
  • Continuous settlement protocol Zebec Protocol partners with cross border payment infrastructure company LINK. Source
  • Terra 2.0 has been live on Leap Wallet. Source
  • Immutable X announced that it's activating protocol fee this week. Source
  • MoneyGram plans to launch a Stellar-based stablecoin remittance platform. Source
  • Ethereum 2.0 client Lighthouse launches V2.3.0, which fixes block reorganization issues. Source
  • Zilliqa releases SDK for Unity to onboard developers to Metapolis metaverse. Source

Policy & Regulation

  • Copper's Swiss unit is approved to join self-regulatory body VQF. Source
  • Belarus has seized millions of dollars in crypto, chief investigator claims. Source
  • Southern Seoul District Prosecutor's Office Joint Financial and Securities Crimes Investigation Team has begun subpoenaing Terra employees. Source
  • India is close to finalizing a consultation paper on crypto. Source
  • Korean authorities summoned all Terraform Labs employees for a full investigation. Source

NFT

  • Former Nintendo president states gaming companies are marching to the metaverse. Source
  • Luxury brand Prada will release 100 Ethereum NFTs this Thursday. Source
  • Moonbirds identified a bug in its Nesting Contract. Source

Fundings

  • Esports powerhouse Galaxy Racer invests $25 million in crypto ecosystem QUINT. Source
  • Crypto payment company Merge closes $9.5 million round with participation from Coinbase Ventures and others. Source
  • Web3 gaming platform Village Studio closes €2.1m seed round led by Animoca Brands. Source
  • Crypto exchange DTTcoins closed $10 million Series A funding round. Source
  • Crowd Media to raise $2.1m to advance AI-based Talking Head technology and commercialisation. Source
TerraDeFiSecurity IncidentsAirdropEthereum
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