Crypto Daily Digest - May 31st

DeFi

• Mirror Protocol suffers new exploit and could be drained in hours. Source
• Ropsten testnet launches new beacon chain, may be merged on June 8. Source
• Terra research forum member tweeted that Do Kwon plans to launch new stablecoin on Terra 2.0. Source
• Lending protocol Maple Finance launched $MPL staking. Source
• Public chain Waves launches Waves DeFi revival plan. Source
• Moonbeam Network is working with Lido to bring Lido's liquidity staking to the Polkadot ecosystem. Source
• BNB Chain releases year-long technical roadmap to develop ecosystem. Source
• Dune Analytics announces the launch of Dune Engine V2. Source
• Upbit operator Dunamu investment subsidiary converted all of its $LUNA to Bitcoin last February. Source
• Cross-chain bridge Stargate launches native gas delivery feature. Source
• Ripple CEO Brad Garlinghouse says NFT is underhyped and sees new use cases. Source
• Multichain now supports Fantom for cross-chain transfers of $fUSDT and $USDC. Source
• Binance will remove API3/BNB, SXP/GBP, TLM/BNB trading pairs. Source
• Nomination Pools are live on Kusama. Source
• Terra has noticed that some have received less $LUNA from the airdrop than expected and are actively working on a solution. Source
• Binance Pay now supports payments in some real-world places. Source
• Eurovision winners Kalush Orchestra raise nearly $1 million in Ethereum for Ukraine. Source
• FlokiMoon on BNB Chain appeared Rug Pull. Source
• MakerDAO has enabled the StarkNet Dai Bridge. Source
• Zerion Wallet has added full support for Fantom. Source
• Interoperability Protocol Connext Adds Support to Harmony. Source
• Stablecoin $DEI Seriously Depegged with Price Falls to $0.44. Source
• Binance Futures will launch BUSD-margined LUNA perpetual contracts. Source
• Yield Farming Protocol Tesseract to Shutdown by the End of the Year. Source
• Binance Completes $LUNA Airdrop Distribution and Enables Deposits. Source
• DeFi Saver Live on Arbitrum and Optimism. Source
• Avalanche Based DEX Pangolin Integrates with Rabby Wallet. Source

Policy & Regulation

• UK Government Published Consultation Paper to Reduce Risk for Stablecoin Holders. Source
• Singapore Central Bank Partners with Institutions Including JP Morgen to Start Digital Assets Pilot. Source
• Mexican Senator Indira Kempis expressed her support for $MXNT, a stablecoin pegged to the Mexican peso, launched by Tether. Source

NFT

• PGA Tour files NFT trademark applications with the USPTO. Source
• Some users have reported asset theft after accepting $WETH offer on OpenSea. Source
• Ripple CEO Brad Garlinghouse says NFT is underhyped and sees new use cases. Source
• Axie Infinity Announced First 12 Projects Accepted in Its Builders Program. Source
• The Sandbox announced partnership with ITV Studios to bring Gordon Ramsay's Hell's Kitchen to metaverse. Source
• Korean Game Developer Krafton Unveils Its Metaverse Project MIGALOO. Source
• NFTScan launched the Arbitrum Network NFT Browser. Source

Fundings

• One-stop LaaS DeFi protocol SmartChain Defi closed $16 million Series A Funding Round led by Binance Labs. Source
• PayPal Ventures was one of the investors in the $200 million funding round that Aptos Labs closed in March. Source
• Kryptomon raises $10m led by NFX to scale blockchain-based gaming universe. Source
• ShareChat parent company may close $300 million in funding at $5 billion valuation, with Google and others participating. Source
• NFT marketplace myNFT closes $7M Series A funding round led by Scytale Ventures. Source
• AI VTuber company Pictoria closes 120 million yen funding round with Mask Network and others. Source
• Game developer Akatsuki launches $20 million fund to support Web3 projects. Source