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/

TOP-13 GAMING GAINERS BY DAILY SOCIAL VOLUME GROWTH

Introducing Gaming PJTs with the highest weekly social volume growth, showing an increased interest in the PJTs within the last week.

Chelsea FC inks £20M sponsorship deal with crypto firm WhaleFin

Chelsea Football Club is the latest in sports to onboard a cryptocurrency sponsor.

👉 financemagnates.com/cryptocurrency/news/chelsea-fc-inks-20m-sponsorship-deal-with-crypto-firm-whalefin/

TOP-13 DEFI 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.

Terra to burn $1.4B UST and stake 240M LUNA

The Terra rescue story continues. In summary, Terra team hopes that expanding the base pool for the coin and burning more should save UST.

👉 cointelegraph.com/news/terra-to-burn-1-4b-ust-and-stake-240m-luna-to-stop-the-bleeding

JUMBO TO BE LISTED ON HUOBI GLOBAL

Huobi Global will list Jumbo $JUMBO in the Pioneer Zone on May 12, when the deposit volume meets the demand of market trading.

👉 huobi.com/support/en-us/detail/64906664767688

CRYPTOMARKET DAILY OVERVIEW

Within the last day, the following changes on the crypto market occurred:
🔹 Bitcoin $BTC price decreased by 9.9% and lost 27.7% in the last 7 days
🔹 Alien Worlds $TLM fell by 48.4% and led the Top NFT Price Losers Rank
🔹 Terra $LUNA lost 96.0% and took 1st place in the Top DeFi Price Losers Rank

Anchor Protocol contributors are now voting to cut UST yield from 19.5% to 4%

Anchor depends on UST for its operations, and the failing peg is a major cause of concern. The voting will end on May 18. If the proposal passes, the targeted 4% rate on all UST deposits will be implemented on Anchor.

👉 theblockcrypto.com/linked/146509/anchor-contributors-consider-cutting-ust-yield-to-4-from-19-5

BNB CHAIN MARKET WEEKLY OVERVIEW

Within the last week, the following changes on the BNB Chain market occurred:
🔹 BNB Chain Market Cap decreased by $68B down to $254B
🔹 Stepn $GMT fell by 90.3% and led the Coin Losers Rank
🔹 Swipe $SXP heads the Top Gainers by Weekly Trading Volume
🔹 BabySwap $BABY lost 60.1% of its TVL and took 1st place among Weekly TVL Losers

Bybit to delist LUNA/BTC spot trading pair on May 12, 15:00 UTC

LUNA/USDT and LUNA/USDC trading pairs are still available on Bybit until otherwise announced. LUNA token lost 99.8% of its price in the last 24 hours and now trading at ~$0.01 per token.

👉 blog.bybit.com/en-US/post/delisting-of-luna-btc-spot-pair-bltde5d9e64e552f956/

TOP-11 coins by annualized daily lending rates on FTX exchange

FTX allows traders to lend their coins to other traders that want to borrow coins at the average annualized lending rate over a 24 hours period of time.

The Terra blockchain was officially halted

Terra validators have decided to halt the Terra chain to prevent governance attacks following severe $LUNA inflation and a significantly reduced cost of attack.

👉 twitter.com/terra_money/status/152478505