Crypto Daily Digest - May 7th

TI Research

On May 7th, the former Sushiswap developer team recently launched a next generation DEX O2Dex, which will hold its public beta in May and launch governance token $O2. Curve community launches vote on proposal to allow Abracadabra to participate in governance. Anchor Protocol will support $bSOL as collateral. Terra will allocate $8 million $UST to reward protocols providing liquidity for $UST on Evmos.

DeFi

  • Former Sushiswap developer team recently launched a next generation DEX O2Dex, which will hold its public beta in May and launch governance token $O2. Source
  • Terra will allocate $8 million $UST to reward protocols providing liquidity for $UST on Evmos. Source
  • Decentralized asset management protocol Enzyme enables users to build and manage Uniswap V3 strategies. Source
  • Anchor's yield and governance platform Helm Protocol will launch. Source
  • Anchor Protocol will support $bSOL as collateral. Source
  • Curve community launches vote on proposal to allow Abracadabra to participate in governance. Source
  • PandaDAO will create a snapshot of $PANDA holders on May 9. Source
  • Web3 wallet Rainbow launches wallet connection tool Rainbow Kit. Source
  • PeckShieldAlert tweeted that over 80% (approximately 3,201 $ETH) of Saddle Finance's stolen funds have been laundered through Tornado.Cash. Source
  • BNB Chain testnet will have Hardfork upgrade named Euler. Source
  • Elrond partners with Morningstar Ventures to create gaming guild egld.gg. Source
  • Google's cloud group forms Web3 team to capitalize on booming popularity of crypto. Source
  • SEC charges NVIDIA corporation with inadequate disclosures about impact of cryptomining. Source
  • Robinhood has added support for $GBTC and $ETHE tradings. Source
  • DOT transfers from Polkadot to Acala have been upgraded, now allowing 2-way transfers between the Relay Chain and parachain. Source

Policy & Regulation

  • Colorado lawmakers advance bill to study use of security tokens for raising state capital. Source
  • Spanish Securities Regulator orders Binance to stop offering cryptocurrency derivatives. Source
  • Georgia will unveil new cryptocurrency law by this fall. Source

NFT

  • BIG3 pro basketball league partners with MoonPay. Source
  • McLaren will launch its first limited edition NFT collection named Genesis Collection. Source
  • OpenSea: attack on Discord stopped with less than 10 $ETH lost. Source
  • adidas Originals will have a snapshot of ITM NFT holders, or will airdrop virtual merchandise. Source
  • Doodles hires former Billboard executive Julian Holguin as CEO. Source
  • The hip hop group OutKast has filed 6 new trademark applications for its OUTKAST logo. Source

Fundings

  • Web3 infrastructure Cassava Network closed an $8 million private round with participation from Dragonfly Capital and others. Source
  • Venture capital firm Global From Day 1 (GD1) launched a $5 million Web3 and crypto-focused venture capital fund to back local startups. Source
  • Blockchain game company Irreverent Labs raises $40 million to launch P2E game MechaFightClub. Source

DEX

Sushiswap

Curve

Lending

Terra

TI Research

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