Wormhole rewarded $10 million to a white hat hacker who reported a bug

The crypto bridge launched a bug bounty program back in February, after a $323 million exploit.

👉 theblockcrypto.com/post/148085/wormhole-announces-10-million-bug-bounty-payout

TOP-13 NFT PJTs BY DAILY NETWORK GROWTH

Network growth - a number of new addresses that transferred a given token for the first time.

Cryptolaxy will hold an AMA with AlgoLaunch!

Dear Cryptolaxians and other crypto-lovers! Cryptolaxy is pleased to invite all of you to take part in AMA with Algolaunch team.

Algolaunch is a fully decentralized launchpad on Algorand Blockchain

AMA details:
1️⃣ Date&time: Monday, May 23, 12:00 (UTC)
2️⃣ Rewards pool: $200 in USDT
3️⃣ Telegram chat: @Cryptolaxy_chat

Links: Algolaunch linktree

Manchester City has launched its NFT Collection via Quidd, Animoca Brands subsidiary

Fans will discover not only the 3D player cards, but also sets that highlight major moments in the club’s recent history.

👉 finance.yahoo.com/news/manchester-city-fc-partners-quidd-060433625.html

CRYPTOMARKET DAILY OVERVIEW

Within the last day, the following changes on the crypto market occurred:
🔹 $BTC price increased by 3.2% and added 0.2% in the last 7D
🔹 PolyDoge $POLYDOGE grew by 60.3% and led the NFT Gainers Rank
🔹 Inverse Finance $INV gained 27.2% and headed the DeFi Gainers Rank

NEXT WEEK'S CRYPTO EVENTS

Presenting the most important crypto market events that will take place next week.

Top-11 undervalued Protocol PJTs by MVRV*1Y

Presenting the most undervalued Protocol PJTs by MVRV 1Y ratio. The lower MVRV, the more the PJT is undervalued.

TOP-13 METAVERSE GAINERS BY DAILY SOCIAL VOLUME GROWTH

Introducing Metaverse PJTs with the highest level of daily social volume increase, showing increased interest to the PJTs within the last day.

CRYPTOMARKET DAILY OVERVIEW

Within the last day, the following changes on the crypto market occurred:
🔹 $BTC price increased by 0.2% and lost 2.2% in the last 7D
🔹 Yield Guild Games $YGG grew by 32.1% and led the NFT Gainers Rank
🔹 mStable $MTA gained 54.8% and headed the DeFi Gainers Rank

THIS WEEK CRYPTO EVENTS RECAP

Presenting the most interesting and important crypto market events that took place this week.

Metaverse app BUD raises another $36.8M

The Series B financing round was led by Sequoia Capital India. The new infusion brings BUD’s total financing to over $60 million.

👉 techcrunch.com/2022/05/22/metaverse-social-bud-funding-37-million/

CRYPTOMARKET DAILY OVERVIEW

Within the last day, the following changes on the crypto market occurred:
🔹 $BTC price increased by 3.3% and lost 3.0% in the last 7D
🔹 GET Protocol $GET grew by 55.8% and led the NFT Gainers Rank
🔹 Augur $REP gained 75.2% and headed the DeFi Gainers Rank

TOP-13 ERC-20 PJTs 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 POLKADOT GAINERS BY 24H TRADING VOLUME

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

Infinitypad $INFP will hold WalkN $WALKN IDO

WalkN is a web3 fitness app that integrates the Move-To-Earn mechanism through activities like Walking, Jogging & Running to reward its users.

IDO details
1️⃣ Start: May 30, 16:00 UTC
2️⃣ Token price: $0.0049
3️⃣ Fundraising: $100K
4️⃣ Initial Market Cap: $196K
5️⃣ Whitelisting: gleam.io/ecLSm/walkn

POLYGON ECOSYSTEM WEEKLY OVERVIEW

Within the last week, the following changes in the Polygon Ecosystem occurred:
🔹 Market Cap decreased by $3.0B down to $12.1B.
🔹 PolyDoge $POLYDOGE gained 161% and got 1st place in the Top-5 Weekly Price Gainers.
🔹 IDEX $IDEX increased its TVL by 32.5% and got 1st place in the Top Weekly TVL Gainers.

TOP-11 METAVERSE PJTs BY UNDERVALUATION INDEX (UI*)

*UI is a Market Cap to 24H Trading Volume ratio. The lower the UI, the more the PJT is undervalued.

Presenting the most undervalued PJTs among Metaverse PJTs.

Protego Trust bank has closed $70M Series A Funding Round

The fundraising was led by investment arms of FTX, Coinbase, Algorand, Avalanche, Cardano and Solana, as well as Digital Currency Group.

👉 theblockcrypto.com/post/148226/protego-trust-bank-fundraise

TOP-11 NFT PJTs BY RELATIVE INCREASE OF TRADING VOLUME

Relative Increase of Trading Volume is a percentage ratio of 24H Trading Volume to Average Daily Trading Volume within the last 30 days.

TOP-8 PJTs BY SOCIAL ACTIVITY

Introducing PJTs with the highest LunarCrush Galaxy Score.
Galaxy Score indicates how healthy a coin is by looking at combined performance indicators across markets and deep social engagements.

Filecoin Foundation partners with the American aerospace tech firm Lockheed Martin

The collaboration intends to build infrastructure to share information, hasten communication and reduce storage costs between earth and space.

👉 theblockcrypto.com/linked/148279/filecoin-foundation-and-lockheed-martin-partner-to-bring-decentralized-storage-to-space