Meta to showcase NFTs powered by Polygon

This week Meta is starting to test digital collectibles on Instagram so that users can display their NFTs on their profiles. Similar functionality is coming to Facebook soon.

👉 twitter.com/0xpolygon/status/1523674225714036737

TOMORROW’S CRYPTO EVENTS

Presenting the most important crypto market events that will take place on May 10th.

Otherdeed virtual land NFT sells for a record $1.5m

Yuga Labs’ Otherdeed #59906 sold for 625 ETH ($1.5 million) on X2Y2. This record was set within ten days of the collection’s launch.

👉 theblockcrypto.com/post/145818/yuga-labs-otherdeed-virtual-land-nft-sells-for-record-1-5-million

AKASH NETWORK TO BE LISTED ON HUOBI GLOBAL

Huobi Global will list Akash Network $AKT in the Pioneer Zone on May 10, when the deposit volume meets the demand of market trading.

👉 huobi.com/support/en-us/detail/94906408878183

TOP-13 PJTs BY EXCHANGE INFLOW

Exchange inflow - a percentage of tokens are moved from non-exchange to exchange wallets out of a total token flow.
Exchange outflow - a percentage of tokens are moved from exchange to non-exchange wallets out of a total token flow.

CRYPTOMARKET DAILY OVERVIEW

Within the last day, the following changes on the crypto market occurred:
🔹 Bitcoin $BTC price decreased by 5.4% and lost 17.3% in the last 7 days
🔹 Meme $MEME increased its price by 32.1% and got 1st place in the Top NFT Price Gainers Rank
🔹 Unslashed Finance $USF gained 49.6% and took 1st place in the Top DeFi Price Gainers Rank

TOP-8 PJTs WITH 24H TRADING VOLUME EXCEEDING THEIR MARKET CAPITALIZATION

The infographic shows the highest level of token liquidity and the huge demand for $GAL, $GMT, $SUSHI, $DAR, $DYDX, $VRA, $YFII, and $LUNA that overcame the current market cap of the tokens.

TOP-11 PJTS BY TVL GROWTH IN THE LAST 30 DAYS

The infographic represents TOP-11 PJTs by the percentage increase of Total Value Locked in the last 30 days.

PayPal-backed crypto firm Talos has raised $105M to become the latest crypto unicorn valued at $1.3B

The funding will help Talos extend its institutional-grade digital asset platform as well as accelerate the firm’s expansion into the Asia-Pacific region and Europe.

👉 cointelegraph.com/news/talos-raises-105m-to-become-the-latest-crypto-unicorn-valued-at-1-3b

MEME MARKET WEEKLY OVERVIEW

Within the last week, the following changes on the MEME market occurred:
🔹 Market Cap decreased by $5.4B down to 24.6B
🔹 Pitbull $PIT gained 42.1% and got 1st place in the Top Weekly Price Gainers.
🔹 Shiba Inu $SHIB got 1st place in the Top-5 PJTs by Galaxy Score

TOMORROW’S CRYPTO EVENTS

Presenting the most important crypto market events that will take place on May 11th.

Crypto forensics startup Chainalysis has raised $170M

Chainalysis, a startup that provides crypto investigation and compliance services, has secured $170 million in a Series F funding round led by GIC, a sovereign wealth fund of Singapore. The company, which is known for helping law enforcement nab illicit crypto activities, saw its valuation double to $8.6 billion from its round last June.

👉 techcrunch.com/2022/05/10/crypto-forensics-startup-chainalysis-raises-170m-at-8-6b-valuation/

CRYPTOMARKET DAILY OVERVIEW

Within the last day, the following changes on the crypto market occurred:
🔹 Bitcoin $BTC price decreased by 3.0% and lost 16.7% in the last 7 days
🔹 DomRaider $DRT increased its price by 27.5% and got 1st place in the Top NFT Price Gainers Rank
🔹 Hakka Finance $HAKKA gained 66.4% and took 1st place in the Top DeFi Price Gainers Rank

PARSIQ HAS BEEN LISTED ON CRYPTO.CОM

PARSIQ $PRQ is now listed in the Crypto.cоm $CRO App. Users can now purchase $PRQ at true cost with $USD, $EUR, $GBP, and 20+ fiat currencies, and spend it at over 80 million merchants globally using the Crypto.сom Visa Card.

👉 crypto.com/product-news/crypto-com-app-lists-parsiq-prq

Terraform Labs CEO Do Kwon unveils plan to restore UST peg

If adopted, proposal will allow traders to sell UST for LUNA at a fastest rate. So far 80M LUNA has voted in favor of it. The vote will pass if it meets 40% of staked LUNA, or roughly 114M tokens.

👉 twitter.com/stablekwon/status/1524331171189956609

TOP-8 PJTs WITH 24H TRADING VOLUME EXCEEDING THEIR MARKET CAPITALIZATION

The infographic shows the highest level of token liquidity and the huge demand for $GMT, $ANC, $DYDX, $TRB, $ZIL, $SOS, $VRA, and $DEGO that overcame the current market cap of the tokens.

Moralis raised $40M in Series A funding led by Coinbase Ventures

Moralis offers infrastructure that lets developers build and launch Web 3 apps, games and NFTs across blockchains.

👉 bloomberg.com/news/articles/2022-05-11/crypto-startup-moralis-raises-40-million-in-fresh-funding

TOMORROW’S CRYPTO EVENTS

Presenting the most important crypto market events that will take place on May 12th.

Pan-African CEX Mara has raised $23M in funding

The funding round was led by Coinbase Ventures, Alameda Research, Mechanism Capital, Hashkey, and more. Mara plans to invest in a suite of products targeting Nigeria and Kenya, Africa’s two largest countries.

👉 coindesk.com/business/2022/05/11/mara-raises-23m-from-coinbase-alameda-to-spread-crypto-adoption-across-africa/