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​​Lighthouse has secured its $7M funding round to build the Metaverse’s search engine

Lighthouse, a Web 3 startup has raised $7M in its seed round to build out β€œthe search engine of the open metaverse.” The round was co-led by Accel, BlockTower, and Animoca Brands and included participation from White Star Capital, Sparkle Ventures and Gemini Frontier Fund, among others.

πŸ‘‰πŸ» coindesk.com/business/2022/05/12/lighthouse-raises-7m-to-be-the-search-engine-of-the-metaverse/

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​​6th Man Ventures seeks to raise $145M for the second crypto fund

6th Man Ventures, a venture capital firm has conducted the $145M fundraising for a second crypto fund. Limited partners for the fund include Galaxy Vision Hill, Three Arrows Capital, Sino Global Capital, FTX Ventures, Animoca Brands and AngelList. They are joined by a bevy of individual investors including billionaire Bill Ackman, Marc Andreessen and Chris Dixon of Andreessen Horowitz, Tushar Jain and Kyle Samani of Multicoin Capital, ParaFi’s Ben Forman, Kevin Colleran and Sam Lessin of Slow Ventures, and Solana’s Raj Gokal.

πŸ‘‰πŸ» theblockcrypto.com/post/146332/6th-man-ventures-is-raising-145-million-for-a-second-crypto-fund

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​​Top Metaverse Tokens by Market Capitalization
12 May 2022

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​​Anchor Protocol (ANC) contributors plan to cut $UST yield to 4% from 19.5%

Terra-based Anchor Protoco contributors have proposed to reduce 19.5% yield on $UST deposits to 4% in an effort to make its yield reserves more sustainable. The governance proposal is now undergoing a community vote, and comes at a time when the UST stablecoin has been struggling to maintain parity with the US dollar.

πŸ‘‰πŸ» theblockcrypto.com/linked/146509/anchor-contributors-consider-cutting-ust-yield-to-4-from-19-5

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​​TOP GAINERS OF THE DAY!
12 May 2022

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​​TOP Solana Ecosystem Coins by Social Activity
12 May 2022

Social Mentions. Social mentions and activity from all collected sources over time.

Social Engagement measures total social activity and includes upvotes, favs,retweets, replies, and followers.

Average Sentiment is organized 0-100% (bearish to bullish), and is a score of the overall sentiment across all collected posts.

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​​Chelsea FC has secured $24.3M the sponsorship deal with WhaleFin

Chelsea Football Club has inked a Β£20M ($24.3) shirt-sleeve sponsorship deal with WhaleFin, a platform for trading and lending cryptocurrencies. WhaleFin is replacing Hyundai to become the new sleeve sponsor of the football club. The deal has been inked for the next playing season. The Korean conglomerate is understood to be discussing alternative commercial terms with the football club.

πŸ‘‰πŸ» financemagnates.com/cryptocurrency/news/chelsea-fc-inks-20m-sponsorship-deal-with-crypto-firm-whalefin/

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​​Aurora will launch $90M developer fund to bolster DeFi on NEAR Protocol

Aurora, Near’s EVM layer has announced the launch of the $90M developer fund, which will be aimed at financing new DeFi-based applications and making its network more appealing to Ethereum developers. The fund was unveiled today in collaboration with Proximity Labs, NEAR Protocol’s DeFi arm. Proximity will manage the tokens and provide grants to developers interested in building DeFi-based applications on Aurora.

πŸ‘‰πŸ» theblockcrypto.com/post/146539/aurora-launches-90-million-developer-fund-to-boost-defi-on-near-protocol

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​​Top Projects with Fully Diluted Market Cap of $60M - $100M
12 May 2022

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​​Terra (LUNA) token supply reaches 25B with 24B tokens minted today

For the last few weeks, the supply of Luna stayed around the 325M mark. Wednesday, it shot up to 1.5B, and today it has increased as high as 25.3B. This state of affairs is due to the breakdown of the TerraUSD (UST) peg and its relationship with Luna, the native asset of the Terra blockchain.

πŸ‘‰πŸ» theblockcrypto.com/post/146590/luna-token-supply-hits-25-billion-up-by-nearly-24-billion-today

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​​Trending Searches by CoinGecko
13 May 2022

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​​TOP Crypto Projects by Social Activity
13 May 2022

Social Mentions. Social mentions and activity from all collected sources over time.

Social Engagement measures total social activity and includes upvotes, favs,retweets, replies, and followers.

Average Sentiment is organized 0-100% (bearish to bullish), and is a score of the overall sentiment across all collected posts.

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​​Celestial (CELT) was listed on the KuCoin exchange today, on May 13th

Trading for CELT/USDT trading pair is now live on KuCoin!
Deposits are now open and withdrawals will open on May 14th, at 10:00 AM UTC. Celestial is a multichain metaverse video game that unfolds across the broad universe in which players can colonize planets, harvest resources, form alliances with other commanders and engage in intergalactic warfare.

πŸ‘‰πŸ» twitter.com/GameCelt/status/1524781739423449088

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​​Total Value Locked (TVL) in HECO Chain
13 May 2022

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​​Top Projects with Market Capitalization under $1B
13 May 2022

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​​Emirates Airline has revealed its plans to add Bitcoin as a payment method

The United Arab Emirates' leading airline, Emirates Airline, will soon embrace Bitcoin as a payment service. In addition, the airline will add non-fungible token (NFT) collectibles on its webpage. The company’s goal with the metaverse launch is to ensure the airline is β€œaligned with the UAE’s vision for the digital economy.”

πŸ‘‰πŸ» news.bitcoin.com/report-uae-airline-emirates-set-to-use-bitcoin-as-a-payment-service/

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​​Coin of the day by social activity - Polkadot (DOT).
13 May 2022

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​​Top Projects with Fully Diluted Market Cap under $250M
13 May 2022

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​​Sam Bankman-Fried has bought $650M stake of Robinhood

Sam Bankman-Fried, CEO of cryptocurrency exchange FTX, has acquired a 7.6% stake in the popular online brokerage, Robinhood. The news was well-received by the market, with Robinhood’s stock price initially soaring over 30% in after-hours trading.

πŸ‘‰πŸ» cointelegraph.com/news/robinhood-shares-spike-30-after-sam-bankman-fried-buys-650m-stake

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​​TOP DAO Projects by Social Activity
13 May 2022

Social Mentions. Social mentions and activity from all collected sources over time.

Social Engagement measures total social activity and includes upvotes, favs,retweets, replies, and followers.

Average Sentiment is organized 0-100% (bearish to bullish), and is a score of the overall sentiment across all collected posts.

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​​NFTrade (NFTD) has announced a strategic partnership with Formless

NFTrade has partnered with Formless, in terms of its gameFi acceleration program. Through this partnership, NFTrade will act as an NFT marketplace and will help projects to tap into market liquidity and a ready-made user base more efficiently. NFTrade is a decentralized multi-chain and blockchain-agnostic NFT platform.

πŸ‘‰πŸ» medium.com/@formlessgaming/nftrade-joins-formless-gamefi-acceleration-program-17b8beabd5c9

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