April saw 244 crypto funding deals, the biggest monthly total ever. Multiple new VC funds, including those from Dragonfly Capital, Union Square Ventures, and Framework Ventures, were also launched.
NFT & GameFi
- Beanz and Ledger cooperated with the NFT floor price of Golden Ledger at 15 ETH.
- The NFT market is well-positioned to grow 35% into a $13.6B industry by 2027.
- Shooter Warrior Alliance integrated Chainlink VRF v2 and Chainlink Keepers on the Ethereum mainnet.
- August Sander photography NFTs were delisted, with a court case to follow.
- Under Armour launched NFTs inspired by NBA superstar Stephen Curry.
Metaverse & Web3
- Cassava Network, the African Web3 Infra, raised over $8 million from over 40 investors.
- Security Crypto Navcoin issued the Beta Version of its Whisper Wallet.
- PandaDAO created a snapshot of $PANDA holders on May 9, with 333 token holders randomly selected.
- Web3 data project Stocklandche Network was detected as a fraudulent project.
- RSS3 R&D Team Natural Selection Labs released Unidata, an open-source SDK with cross-chain aggregation data for Web3 developers.
DeFi & Tokens
- Terra founder Do Kwon tweeted that the UST de-anchoring concerns have come up countless times.
- The third-largest Bitcoin whale adds 1,000 BTC at an average purchase price of around $36,012.
- The MRC-4 proposal was approved, and the ANC-UST mining strategy cap grew to 10 million UST.
- ApeSwap, a multi-chain decentralised exchange, introduced the decentralised limit order function.
- Anchor Protocol intends to include bSOL as lending collateral.
Network & Infrastructure
- Polkadot Parachain Interlay enabled the crowd-lending reward claims.
- Terra allocated $8 Million to boost the projects that offer UST liquidity in Evmos.
- In ten days, TRON DAO Reserve authorised up to 1 billion USD.
- Octopus Network reduced the minimum validator stake requirement from 10,000 OCT to 5,000 OCT.
- The Acala upgrade allowed two-way transfers between relay chains and parachains.
Institutions
- Binance intended to hire more than 80 people before the end of the year.
- Binance investigated how BNB Chain could assist Twitter in boosting its future capabilities.
- Crypto hedge fund start-up Pangea would focus on a “long-only” strategy.
- University of Basel’s Centre for Innovative Finance received a Chainlink grant to finance the 2022 Blockchain challenge.
- BIG3 partnered with MoonPay for groundbreaking ownership NFT drop.
Worldwide
- Nirmala Sitharaman flagged anonymity as an ‘inherent risk’ in using blockchain.
- Fintech groups got dismayed by the incoming South Korean president’s crypto plans.
- Almost three out of four Argentinians were willing to buy crypto for investing or saving purposes.
- Russia’s anti-monopoly agency proposed higher electricity rates for home crypto miners.
- The U.S. offered a $15 million reward for information on the Conti ransomware group.