Crypto Daily Digest - May 5th

TI Research

On May 5th, Binance will invest $500 million together with Elon Musk to acquire Twitter. Cosmos ecosystem gaming public chain Clan Network will launch token $CLAN and airdrop. Coinbase: all asset listing announcements to be moved from Twitter to website. DeFi lending protocol Alchemix expanded onto the Fantom Network. Coinbase NFT Marketplace Beta is now available to all users.

DeFi

  • Binance will invest $500 million together with Elon Musk to acquire Twitter. Source
  • Vitalik Buterin's fund has donated to several new Coronavirus research projects. Source
  • Avalanche price rises 14% on launch of new trust. Source
  • Coinbase listed Project Galaxy ($GAL) at 16:00 UTC on May 5th. Source
  • Degis has launched staking $veDEG to receive share of the platform's revenue. Source
  • Parallel launches Polkadot's first $DOT liquidity stake product. Source
  • YGG SEA will launch token IDO on Copper on May 9th. Source
  • Cronos based DeFi protocol MM.Finance lost over $2m in DNS attack. Source
  • DeFi asset management platform Zapper launches Zapper Studio. Source
  • Cosmos ecosystem gaming public chain Clan Network will launch token $CLAN and airdrop. Source
  • Coinbase: all asset listing announcements to be moved from Twitter to website. Source
  • Binance Labs launches Season 4 of incubation program with 14 early-stage start-ups. Source
  • Web3 browser Opera integrates with BNB Chain. Source
  • Solana Pay launches transaction requests. Source
  • Stablecoin exchange Kinesis Labs launches on Evmos mainnet. Source
  • Multichain to launch veMULTI mainnet on May 9. Source
  • DeFi lending protocol Alchemix expanded onto the Fantom Network. Source
  • Public chain Elron has launched a Launchpad, BHero Launchpad. Source
  • TRON officially issues decentralized algorithmic stablecoin $USDD. Source
  • Polkadot launches the cross-consensus message format XCM. Source
  • Terraform Labs partners with Outlier Ventures to launch Terra Base Camp accelerator program. Source
  • Raiden Network is now live on Arbitrum. Source
  • The Algorand Foundation announces the launch of Algo Foundry, a venture studio dedicated to growing the Algorand developer ecosystem. Source

Policy & Regulation

  • Uganda warns against facilitation of cryptocurrency transactions. Source
  • Uzbekistan legalises solar-powered crypto mining. Source

NFT

  • Nexo issues $3 million loan secured by CryptoPunks NFT. Source
  • Azuki airdrop project Beanz is about to reveal. Source
  • Blockchain game Illuvium announced the first Illuvium Land Sale begins on the 2nd of June at 09:00 UTC. Source
  • NFT marketplace Blur has introduced its beta. Source
  • NFT trading market LooksRare listing reward points coming soon. Source
  • Coinbase NFT Marketplace Beta is now available to all users. Source
  • Elon Musk has replaced his former BAYC Twitter avatar. Source
  • Yuga Labs said it has completed the refund of Gas for failed Otherdeed NFT minting users via Multisender.app. Source
  • Luxury brand Gucci will accept cryptocurrency payments in some US stores at the end of this month. Source
  • The publisher of Time magazine has filed a trademark application for NFT and Metaverse. Source
  • Pepsi announces a new set of NFTs focusing on female artists. Source
  • All three ApeCoin proposals, AIP-21, 22 and AIP-7, were passed on vote. Source

Fundings

  • NFT immersive blockchain game Untamed Planet has closed a $24.3m round of funding led by Animoca Brands. Source
  • Digital asset data provider Amberdata closed $30m Series B funding round with Coinbase and others. Source
  • Crypto hedge fund Pangea Fund closed $85m financing with Alameda Research and others. Source
  • Data storage platform Bundlr Network raised $5.2m seed round participated by OpenSea and others. Source
  • Blockchain gaming studio Cometh closed $10m seed round led by Ubisoft and others. Source
  • Korea Shinhan Financial Group established a digital strategic investment fund of about $250m, which will invest in digital assets, meta-universe and other companies. Source
  • Teen-focused fintech app Copper closed $29m Series A round led by Fiat Ventures. Source
  • Web3 data and development platform Particle Network closes $1.8m Pre-Seed funding round led by Longhash Ventures. Source
  • Open source data platform Prisma closes $40m Series B funding round led by Altimeter. Source
  • Blackstone-backed Candle Media is in talks to acquire NFT company Notables. Source

Binance

Cosmos

Airdrop

Coinbase

NFT

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