Crypto Daily Digest - May 6th

DeFi

• Binance says it's recruiting more bankers for its UAE hub. Source
• Alameda Research has officially become the first member and whitelisted institution of TRON DAO Reserve. Source
• IOST sets to launch a decentralized algorithmic stablecoin. Source
• Paradigm releases Uniswap V3 Ethereum pair depth comparative analysis. Source
• Hop Protocol releases Hop DAO introduction and will distribute airdrop. Source
• Juno developers transferred about 3 million $JUNO to the wrong address. Source
• Kronos DAO, the Klaytn network's DeFi 2.0 protocol, is coming to Polygon. Source
• DEX EvmoSwap based on Evmos announced private sale and IDO. Source
• Curve Finance integrates with Near's Aurora Network. Source
• BitDAO's proposal to purchase $BIT from secondary market approved and will launch on June 1. Source
• Raydium will Launch $NOVA/$USDH Fusion Pool. Source
• Luna Foundation Guard acquires additional approximately $1.5 billion in Bitcoin. Source
• Aurora based DEX Trisolaris announced the launch of 5pool stableswap. Source
• Binance becomes main global sponsor of Argentina’s National Football Teams. Source
• The Department of Justice is levying a case against the CEO of Mining Capital Coin for allegedly running a $62 million global fraud scheme. Source
• TRON stablecoin $USDD release roadmap. Source

Policy & Regulation

• New Estonian regulation may lead to 90% decrease in local crypto community. Source
• Musk faces FTC antitrust review on Twitter alongside stock probe. Source
• The Central Bank of the Argentine Republic (BCRA) bans lenders from offering crypto services. Source
• SEC approves Valkyrie XBTO Bitcoin Futures Fund ETF. Source

NFT

• OpenSea Discord account hacked to promote scam NFT pass. Source
• 69 BEANZ Official series NFT has been bought on Genie. Source
• Coinbase's NFT marketplace Gains less than 150 users in first day open to public. Source
• OpenSea announced the launch of a Beta version Stream API. Source
• Polygon Studio has partnered with Tilting Point and will launch 10 Web3 games over the next two years. Source
• Terra-based Launchpad Terraformer to introduce NFT marketplace aggregator. Source
• NFT lending protocol Drops DAO launched its mainnet and deployed Yuga Labs lending pool. Source
• Binance NFT marketplace will launch FC Shakhtar NFT Charity Drop on May 7th. Source
• Multicoin Capital Loses 95% of its Investment in Loot NFT. Source
• Theta Labs will help Sony launch 3D NFTs compatible with Spatial Reality Display. Source
• OKX NFT Marketplace has announced support for Immutable protocol. Source
• American guitar maker Fender has filed a trademark application for Metaverse in connection with NFT. Source
• Otherside Virtual Land Otherdeed #33 sold for $333.33 ETH, setting a new record for the highest transaction. Source

Fundings

• Gaming startup Ready Games raised $3 million in a sale of its new $AURA token led by BITKRAFT and Hashed. Source
• LootRush, a Steam-like platform for blockchain games, has raised $12 million in a seed funding round led by Paradigm. Source
• Blockchain game studio InfiniGods raised $9m in Seed Round led by Pantera Capital. Source
• NFT Tooling protocol Zora raised $50m in Seed Round participated by Coinbase Ventures and others. Source
• Blockchain Coinvestors, a blockchain investment firm, has launched a $200 million mid-stage growth fund. Source
• Crypto trading startup Amber seeks funding at $10 billion value. Source
• 3D content creation platform Kinetix closed $11 million in funding led by Adam Ghobarah. Source
• Indian social platform Hike closes new round of funding led by Jump Crypto. Source
• Bitcoin.com raised $33.6 million in a private sale of its $VERSE token with participation from KuCoin Ventures and others. Source