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

FTX CEO buys 7.6% stake in Robinhood

Sam Bankman-Fried, the billionaire FTX founder and CEO, purchased a total of $648 million in Robinhood shares. Robinhood is a popular online brokerage.

👉 cointelegraph.com/news/robinhood-shares-spike-30-after-sam-bankman-fried-buys-650m-stake

CRYPTOMARKET DAILY OVERVIEW

Within the last day, the following changes on the crypto market occurred:
🔹 Bitcoin $BTC price increased by 12.9% and lost 16.5% in the last 7 days
🔹 Crabada $CRA grew by 140% and led the Top NFT Gainers Rank
🔹 Maker $MKR gained 69.2% and took 1st place in the Top DeFi Price Gainers Rank

TOP-13 GAINERS BY DAILY NETWORK GROWTH

Daily network growth - a number of new addresses that transferred a given token for the first time within the last day

TOP-11 BNB CHAIN GAINERS BY 24H TRADING VOLUME

Presenting BNB Chain PJTs with the highest percentage increase of Trading Volume within the last 24H.

The first Polkadot Cross-Chain Connection has been launched between Moonbeam and Acala

With this update, ACA and GLMR, the chains’ base utility tokens, and aUSD, Acala’s decentralized stablecoin, will be freely moved and used in the DeFi ecosystems of both parachains.

👉 moonbeam.network/announcements/cross-chain-connection-moonbeam-acala

TOP-11 SCALING PJTs BY RELATIVE LIQUIDITY RATIO (RLR)

RLR is a 24H Trading Volume to Market Cap ratio. The higher the ratio, the higher traders' interest in the Token and token liquidity. A high RLR ratio may potentially lead to an increase in the token price.

Rainmaker Games has partnered with Gods Unchained

Gods Unchained is a turn-based, fantasy card game in the vein of Hearthstone and The Elder Scrolls: Legends. The game's blockchain-based cards are non-fungible tokens, meaning that each card is unique and can be traded on the open market.

👉 twitter.com/RainmakerGaming/status/1523845492047818754

POLKADOT ECOSYSTEM WEEKLY OVERVIEW

Within the last week, the following changes on the Polkadot market occurred:
🔹 Total Polkadot Market Cap decreased by $11.5B down to $19.5B
🔹 Polkadot $DOT is keeping 1st place in the Top PJTs by 24H Trading Volume and Top Coins by Market Cap
🔹 SpiderDAO $SPDR increased its price by 45.6% and got 1st place in the Top Price Gainers Rank.

TOP-11 PJTs WITH 24H TRADING VOLUME EXCEEDING THEIR MARKET CAPITALIZATION

The infographic shows the highest level of token liquidity and the huge demand for $GMT, $RPG, $UFT, $DAR, $UNFI, $WSG, $GALA, $VOXEL, $SUSHI, $DOSE, and $TRIAS that overcame the current market cap of the tokens.

Approved by Ukrainian Ministry for Digital Transformation, Avatars for Ukraine Charity NFT Auction launches on May 19

70 artworks that depict the bravery of Ukrainians will be auctioned on May 19. All proceeds from digital art sales fund Ukrainian war endeavors.

👉 twitter.com/FedorovMykhailo/status/1524806134254784513